Biden administration approves $42B in student loan forgiveness under updated PSLF program

The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.

Biden likely to resume debt limit talks on Tuesday

The nation continues to edge closer to its legal borrowing authority with no agreement in sight. The Treasury Department has said the government could exhaust the ability to pay its bills as early as June 1.

Mortgage rates dip on positive inflation data: Freddie Mac

The average rate for a 30-year fixed-rate mortgage dropped to 6.35% for the week ending May 11, according to Freddie Mac's Primary Mortgage Market Survey.

Egg prices should be going down soon, report finds

Shoppers could get a break at the grocery store with cheaper eggs possibly on shelves soon.

Gas prices decrease amid market uncertainty: AAA

Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.

Family paid $250,000 after cashing in bonds left tattered by Hurricane Katrina

A man kept the bonds in a bank vault that was flooded during Katrina. He put the damaged paper in his attic, where they were found by his his family after he died.

Inflation ticks up again in April, puts interest rate hikes back on the table

The Consumer Price Index (CPI), a measure of inflation, rose 4.9% year-over-year in April, a slowdown from the 5% increase in March, according to the Bureau of Labor Statistics (BLS).

'Debt Ceiling:' How does it affect me?
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Discussions will continue later this week between President Biden and House Speaker Kevin McCarthy on the "debt ceiling." But how does this all affect the average American? Dr. Antonio Saravia with Mercer University joined LiveNOW from FOX's Josh Breslow to break it down.

Norfolk Southern to pay homeowners near Ohio train derailment

The company set up a fund for residents impacted by the derailment to cover the cost of any decline in their home values.

Inflation and interest rate hikes are negatively impacting Americans' financial well-being: survey

Inflation and interest rate hikes have negatively impacted Americans' financial well-being and many have made no progress in saving for retirement or building emergency funds, according to a survey by Morning Consult. Here’s what you need to know.

Joe Biden, GOP must decide what’s on the table in debt limit meeting

As the deadline for raising the debt ceiling approaches, President Joe Biden and Republicans must come to an agreement on what measures to take to avoid defaulting on the national debt.