AOC pushes back after Biden dismisses progressives' plan to cancel $50,000 in student loan debt

Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt, saying the president's arguments against acting unilaterally on the matter "just don't hold water."

Gas prices could increase as much as 20 cents per gallon as weather shutters Texas oil refineries

The national average for gas prices could rise as much as 10 to 20 cents per gallon in the coming weeks as a result of the "extreme cold shutting millions of barrels per day in refinery capacity" in Texas, according to GasBuddy's head of petroleum analysis Patrick De Haan.

Stimulus benefits and your 2020 taxes: What to know

Tax season is right around the corner and many filers may have some different questions about their returns on the heels of an unprecedented year.

Did you get the right stimulus check amount? Why you need to know before filing your tax return

Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.

2021 tax filing season fast facts

To help eliminate some confusion, the IRS is urging all taxpayers to file electronically this year with direct deposit to speed up and simplify the process.

Candidates, groups spent record $54M on Wisconsin legislative races

Democrats and groups supporting them spent $29.7 million. GOP candidates and their supporters spent more than $24.2 million.

Unemployment claims dip to 793,000; layoffs remain high

Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.

New recommendations target Wisconsin retirement 'crisis'

The task force report cites a University of Wisconsin study that showed more than 400,000 senior citizens in Wisconsin will be living in poverty by 2030, resulting in the state spending an additional $3.5 billion on public assistance programs.

Family of 20-year-old California investor who died thinking he lost over $730,000 sue Robinhood

The parents of Alex Kearns, 20, say he thought he had lost $730,000 when he took his own life. They are now suing Robinhood Financial, claiming the popular stock-trading platform’s business practices "directly" led to their son’s death.

Tesla invests $1.5 billion in Bitcoin, plans to accept as payment

The electric automaker said in an SEC filing Monday that it bought $1.5 billion in Bitcoin and will soon accept the digital currency as payment for cars.

Pandemic vices are putting more consumers in debt: 'It's 100% instant gratification'

Alcohol, cigarettes, adult entertainment and lottery tickets are just some of the items 70% of Americans are splurging on during the pandemic, a new survey from financial services company MagnifyMoney suggests.

Employers added 49K jobs last month as US unemployment fell to 6.3%

U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.

Jobless claims fall to 779,000; layoffs grind on

The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.

Democrats urge Biden to cancel up to $50k in student loan debt by executive action

The resolution called on President Biden to take executive action to "administratively cancel up to $50,000 in Federal student loan debt for Federal student loan borrowers" using "existing legal authorities" under the Higher Education Act of 1965.