New property tax increases hit Hispanic wards hardest in Chicago
Most Cook County property owners will see a larger tax bill this year, but owners in gentrifying Latino neighborhoods in Chicago will see some of the biggest hikes.
Fed minutes indicate interest rate increases may slow soon
The Federal Reserve said that reaching its target inflation rate of 2% is more important than the pace of rate hikes, signaling that it may begin to slow the pace of future interest rate increases.
States issue inflation-relief payments, including Illinois and Indiana
States are also offering expanded tax credits.
Biden administration notifying borrowers they are approved for student loan forgiveness
Despite legal challenges, the Biden administration is notifying borrowers that they are approved for student loan forgiveness.
Retiring too early could cost you $182,000 in benefits, study says
A new study says that virtually all American workers between 45 and 62 should wait beyond age 65 to collect their retirement benefits, and many should wait until 70.
Mortgage payments rise in October amid high mortgage rates: MBA
The national median monthly mortgage payment increased in October, according to a report from the Mortgage Bankers Association (MBA).
Holiday shopping expected to reach over $1 trillion as inflation surges
Holiday shopping is expected to increase by 7% to nearly $1.3 trillion, a new forecast says. Here’s how to stay on track with your finances this holiday season.
Inflation won't slow holiday shopping for many consumers, survey says
Rising costs have led many consumers to cut their expenses to make room for holiday spending in 2022, a recent survey said.
Biden administration extends student loan payment pause into 2023
The Biden administration’s federal student loan payment pause has been extended through June 30, 2023. Here’s what to do if you don’t qualify for relief.
Personal loan interest rates continue to rise for 3- and 5-year fixed-rate loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Americans shopping for auto insurance to save money, TransUnion report
While auto insurance shopping is down overall, more Americans are looking for new insurance in order to reduce costs, rather than as a result of a car purchase, TransUnion’s report showed.
Household debt surpasses $16.5T in Q3 amid inflation, rising demand: NY Fed report
Total household debt increased by more than $300 billion across credit cards, mortgages and more in the second quarter of 2022, according to the latest New York Fed report. Here's what you can do if you're struggling with debt.
Judge extends federal student loan forgiveness block
A federal appeals court extended its block on President Biden's student loan forgiveness plan. Here's what that means for you.
Mortgage rates rise as Fed fights inflation: Freddie Mac
Rates for the 30-year mortgage increased again after a slight dip the week before following the Federal Reserve's recent announcement that it was raising rates again, according to Freddie Mac.
Texas federal judge blocks Biden's student loan forgiveness
Biden’s student loan relief program has been struck down by a judge in Texas. Here’s what to do to lower your monthly payments today.