America's top 1% has total net worth of $44 trillion
Recent Federal Reserve data reveals that America's wealthiest 1%, with assets exceeding $11 million, amassed a record $44.6 trillion in wealth by the end of the fourth quarter of 2023, with fluctuations observed based on geographical location.
Social Security Administration announces new measures to deal with overpayments
Major changes to how the Social Security Administration handles overpayments were announced recently
Republican states file suit to stop Biden's SAVE student loan repayment plan
The Kansas-led lawsuit seeks to halt the SAVE plan immediately, arguing that the U.S. Department of Education has no authority to alter student loan repayment plans, essentially canceling more than $156 million in student loan debt.
Fire engulfs part of Phoenix home; tragic crash in northern Arizona | Nightly Roundup
From crews battling a house fire in Phoenix to a new Arizona law that targets fentanyl dealers, here's a look at some of our top stories.
Retirement savings 'magic number' surges to new high for Americans
The "magic number" that Americans believe they need to retire comfortably has jumped to an all-time high, according to a new study by Northwestern Mutual.
3 in 4 Americans think tipping has gotten out of control, survey finds
Most Americans are getting tired of tipping and admit they only do it because they feel like they have to, according to a recent survey by WalletHub.
With taxes due in 2 weeks, here's how to file a tax extension
The deadline to file your taxes is April 15, but if you don’t know if you’ll be ready in time, these are the steps to file a tax extension.
Minimum wage vs. tipped wage: State-by-state comparison
Most fast food workers in California are set to be paid a minimum of $20 per hour under a new law that starts Monday. Here is a look at how that compares to other minimum wages across the country.
Final fourth quarter GDP revised upwards as consumer spending rises
The final estimate for real gross domestic product (GDP) in the fourth quarter of 2023 was revised upwards, showing that the U.S. economy grew.
High homeowners insurance rates scaring away Florida homebuyers, other states face the same issue
Florida has the highest homeowners insurance rates in the country, closely followed by Oklahoma, Mississippi and Texas.
401(k) hardship withdrawals increase as inflation stays high
A record number of Americans are dipping into their retirement savings accounts for financial emergencies amid ongoing high inflation.
Renting is cheaper than buying real estate: report
A new study from Realtor.com shows renters can save more money than buyers in Phoenix due to elevated interest rates.
Biden cancels another $6 billion in student loans, this time for public service workers
Workers like nurses and teachers are getting forgiveness through fixes to the Public Service Loan Forgiveness program.
Some student loan borrowers are getting refunds on top of loan forgiveness, here’s who qualifies
Borrowers enrolled in forgiveness programs that have paid for longer than necessary qualify for refunds.
Consumers spend more than $1 trillion on interest payments, largely due to increasing credit card debt
Consumers paid over $1 trillion in interest payments, most of which when toward high-interest credit card debt.
Gas prices rise as spring season approaches: AAA
Although demand is down, gas prices are still rising due to an increase in oil prices.
IRS has 940,000 unclaimed tax refunds from 2020 that will expire soon
The IRS is warning taxpayers that they may be leaving more than $1 billion on the table.
Fed said interest rates will be reduced this year, just not now
On Wednesday, the Federal Reserve announced that it would maintain the federal funds rate at a range of 5.25% to 5.5%.
Biden cancels student loans for 78,000 more public workers
Another 78,000 Americans are getting their federal student loans canceled.
Here's why paid loyalty programs are all the rage at stores and restaurants
Looking for reliable sales in an unpredictable spending environment, more companies have extended their points-based loyalty tiers to making their most dependable customers feel valued for an up-front fee.