44 million Americans have amassed $1.4 trillion in student loan debt, and nearly half of all borrowers have missed a payment. Among millennials, 58% have missed a payment.
If you were under the belief that the underlying economy was not yet strong enough to support an interest rate hike, note that the Federal Reserve has raised interest rates.
In the 17 states and the District of Columbia where minimum wage rates were raised last year, wages grew more than twice as fast as in states where minimum wages were unchanged.
A positive aspect of interest rate increases is that banks will be paying more to savings account owners. Here are some times on how to get more benefit out of rising interest rates.
The first-quarter 2017 Economic Outlook Index from the Business Roundtable reached a multiyear high of 93.3. The index reading is also the first time in seven quarters that it has risen above its historical…
With the Federal Open Market Committee (FOMC) meeting kicking off on Tuesday and with a decision on interest rates due on Wednesday afternoon, investors are scrutinizing every last minute bit of economic data they…
More than half of U.S. households owe more than $15,000 in credit card debt, according to a recent survey by the National Foundation for Credit Counseling. Total credit card debt at the end of…
The winter storm brewing up for the East Coast of the US is bringing high winds and up to a foot and a half of new snow. How much will the storm cost the…
According to Fitch Ratings, rising interest rates in 2017 and 2018 are not expected to present a broad concern for U.S. corporate bond issuers in aggregate. Still, pockets of risk could challenge entities at…
A class action lawsuit against Major League Baseball has been allowed to move forward by a California federal court. Minor league players are seeking to be paid minimum wage for the hours they spent…
If you've ever considered moving to a small town to take advantage of the lower housing prices and slower pace of life, here are 10 U.S. small cities that might have just what you're…