How much you need to make to afford a single-family home in most US cities
Housing costs rose to record numbers in 2024.
Credit card debt surges to another record high, New York Fed data shows
Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.
Nearly half of Americans say debt is affecting their health: Study
A new study reveals that household debt is increasingly becoming a source of stress for many Americans.
IRS increases 401(k), other retirement plan contribution limits for 2025
The IRS has updated its eligibility thresholds and contribution limits for 401(k), IRA and other retirement accounts.
New rules could make it easier to switch banks
A new banking rule would make it easier to switch banks or lenders, but it’s already facing pushback from the financial industry.
Inflation gauge falls to lowest level in 3 1/2 years
Inflation has improved over the past two years after supply chains recovered from disruptions from the pandemic and the Federal Reserve raised its key interest rate.
Navigating open enrollment season: tips from a finance expert
Millions of workers are making big choices about their benefits. University of San Diego Finance Professor Dan Roccato joined FOX6 WakeUp with tips on how to best approach open enrollment season.
Biden administration forgives $4.5 million in student debt for 60,000 borrowers
The Biden administration announced over $4 million in funding for borrowers who have met PSLF requirements.
Taxpayers in these 24 states will be able to file their returns directly with the IRS
The IRS is expanding its Direct File program to 30 million taxpayers in 24 states for the 2025 tax season. Learn more about the new eligibility standards and participating states.
Private student loan interest rates rise for 5-year terms and dip for 10-year terms
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Fed cuts interest rates, how it impacts you
The Federal Reserve cut its benchmark interest rate by 50 basis points, or 0.5%, but what does that mean for you?
Maryland city will pay you $20,000 to move there
A city in Maryland is offering a $20,000 incentive to get new residents to move there.
Survey reveals Americans' 2 biggest financial regrets
Amid ongoing inflation, a new survey found that the majority of Americans have financial regrets. Here's what they are.
The US added 818,000 fewer jobs this year than originally estimated
Over 800,000 fewer jobs were added by employers in the last few months, but consumer sentiment about the economy is still strong.
Here's how much money you need to feel 'rich' in 2024
Fewer than one in five Americans surveyed said they are currently on top of their finances.
July inflation drops below 3 percent as Fed considers September rate cut
Inflation dipped below 3% for the first time in three years, and that, combined with other economic indicators, may push the Fed to slash interest rates more than once.
Biden asks Supreme Court to lift block on student loan repayment plan
The Biden Administration has turned to the Supreme Court to help lift a block on the Saving on a Valuable Education (SAVE) plan.
Mortgage payments soar for prospective homeowners in swing states: Realtor.com
Buyers in swing states have seen mortgage payments practically double in the last four years due to rising home prices and mortgage rates.
Mortgage rates drop to lowest rate in more than a year
Mortgage rates dropped to the lowest they've been in over a year after reacting to a lower-than-expected jobs report.