Home ownership gap from Boomers to Millennials, brings more challenges for younger generations
According to the Federal Reserve, Americans over the age of 55 control about 72 percent of the nation's wealth. On the flip side, those under the age of 40 have 7 percent of country's money.
New student loan forgiveness: $1.2B in debt canceled for these 153,000 borrowers
This student loan forgiveness round is the first under Biden’s new SAVE repayment plan, and comes nearly six months earlier than anticipated.
Tax refunds: Free calculators, direct deposit, remote work, and everything else you need to know
It’s tax season and Americans across the country are preparing their returns. Here’s what you need to know about checking your refund status, getting your money back quickly, and making sure you don’t miss any important deadlines.
Capital One to purchase Discover Financial for $35 billion
Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s biggest lenders and credit card issuers.
Mortgage interest rates jumped up this week, along with prices: Freddie Mac
Mortgage interest rates for 30-year mortgages rose to 6.77% this week, up from 6.64% last week.
Treasury secretary visits Michigan Central Station during Detroit trip, touts economic gains
“Middle-class families have had a lot of burdens, a lot of things they’re worried about," Yellen said.
The State of Michigan might owe you property or money - here's how to check
The State of Michigan has an entire division assigned to take care of unclaimed property - not houses or acreage - but property as in money.
Michigan governor, treasury secretary talk inflation and finances at Detroit Economic Club
The secretary of the treasury department was in Detroit on Wednesday for an appearance alongside the Michigan governor where Janet Yellen was interviewed by Gretchen Whitmer.
Financial infidelity? Over 40% of US adults say they've kept money secrets
Would you consider it cheating if your romantic partner hid a debt, a credit card or other financial secret from you? Over 40% of US adults admitted to keeping money secrets.
Dating app requires users to have credit score of 675 or above to join
The dating app is only "for people with good credit," the company says. Users can't see others' scores, but the information is used to qualify a potential user for the app.
Michigan state tax refunds will be higher for some families this year
Supplemental checks are being mailed out this week to some Michigan families that qualify. Here's why you might get more money:
Mortgage rates stagnate, hobbling affordability as spring buying season looms: Freddie Mac
The average 30-year fixed-rate mortgage was 6.64% for the week ending Feb. 8, according to Freddie Mac's latest Primary Mortgage Market Survey.
Gas and oil prices are on the rise as warm weather brings more demand
Gas prices are up from last month, but down $0.29 compared to last year.
House passes $78 billion tax bill expanding the child tax credit, its fate in the Senate remains to be seen
The child tax deduction expansion would make more of the credit refundable, helping millions of families.
Your tax refund could be bigger this year – here's why
Americans might get a fatter tax refund this year. Here's why.
12 states qualify for the IRS Direct File pilot program: Is yours one of them?
On top of a new IRS tax filing system, an adjustment to the child tax credit may qualify families for higher credits.
Connecticut will be first state to cancel medical debt for all eligible residents
Connecticut Gov. Ned Lamont says the medical debt relief should go into effect by June.
U.S. heads toward slow recovery with 353,000 jobs added in January
Employment grew by 353,000 in January while unemployment stayed at 3.7%.
Gas prices increase in synch with oil costs and growing demand
A spike in demand as winter weather thawed and higher oil prices pushed gas prices up this week.
House approves Child Tax Credit expansion; here's what that means for you
The Child Tax Credit, in part, would boost the amount of credit as a tax refund, providing financial relief to millions of families.