Biden launches new initiatives to reduce health care costs

The plan includes a crackdown on scam insurance plans, new guidance to prevent surprise medical bills and an effort to reduce medical debt tied to credit cards.

Mortgage rates inch to the highest level so far this year: Freddie Mac

The average 30-year fixed-rate mortgage increased to 6.81% for the week ending July 6, according to Freddie Mac's latest Primary Mortgage Market Survey.

Americans are giving less to charity, poll finds

Over 55% of those who stopped giving say they don’t earn enough to afford donating to charity.

Subprime-rated consumers have less access to credit – Here's how to improve your score

Subprime-rated consumers may have fewer borrowing options to deal with unexpected costs as lenders tighten access to credit to this group in favor of more consumers with higher credit scores, a VantageScore report said.

Retailers, beware: US economy could take hit with student loan payments resuming

Just as the American economy is struggling with high inflation and interest rates, the coming resumption of student loan payments poses yet another potential challenge.

Walgreens expects to close 150 US stores, CFO says

The store closings are expected to happen by 2024 in a cost-saving effort by the company.

Fourth of July foods and how much some popular items cost this year

Consumers heading to the grocery store to stock up for Fourth of July parties may find discounts on popular foods for the holiday but not others, according to a new report.

What's next after student loan plan ruling?
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The Supreme Court struck down President Biden's student loan forgiveness plan on Friday, a move that many legal and economic experts expected. Peter C. Earle with the American Institute for Economic Research joined LiveNOW from FOX's Josh Breslow to discuss what's next.

Biden offers alternative student debt relief plan following Supreme Court ruling

President Joe Biden is offering an alternative student debt plan designed to ease borrowers’ threat of default if they fall behind on their payments.

Student loan forgiveness struck down: Here's what that means for you

The Supreme Court has ruled the Biden administration overstepped its authority in trying to cancel or reduce student loan debt, effectively killing the $400 billion plan.

Supreme Court strikes down Biden's student loan forgiveness plan – what's next?

The U.S. Supreme Court held that the Biden administration needs to have Congress’ backing for the costly student loan forgiveness plan and rejected arguments that the HEROES Act of 2003 gave Biden the authority he claimed.

Borrowers may see credit scores change once federal student loan payments resume

Resuming the payments on student loans means that a large percentage of nearly 40 million Americans who have not made payments on their federal student loans in the past three years may see some changes in their credit scores, according to the VantageScore report.

Fed may tighten financial rules after US bank failures, Powell says

The collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new regulations.

'We are still useful': Retired Ohio grandma becomes pool lifeguard amid shortage

“I think the U.S. has not done a good job of utilizing our older adults. The old joke was to become a Walmart greeter after you retire, but I think the opportunities are much greater," Gail Rodgers, 66, said.