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26d ago

Trump, AOC and Bernie: Capping credit card rates unites right and left as banks issue warnings

Consumer advocates have long pushed for some limits on credit card rates with little success. Banks have argued that any caps would force them to limit credit availability.
A Visa Inc. credit card
A Visa Inc. credit card

Mortgage rates just fell below 6% for the first time in years

The president's latest affordability push sent 15- and 30-year mortgage rates tumbling. But experts say the long-term impact may be limited.
A home for sale in Surfside, Fla.,
A home for sale in Surfside, Fla.,

Average home heating costs could hit $1,000 this winter. Here's why.

As colder temperatures blanket the country and the cost of electricity in many parts of the U.S. rises, people could face soaring energy bills.
A power transmission line behind homes in a residential neighborhood in Columbus, Ohio, on Tuesday, Dec. 16.
A power transmission line behind homes in a residential neighborhood in Columbus, Ohio, on Tuesday, Dec. 16.

Trump administration announces deal to end key Biden-era student loan repayment program

The Education Department said it had reached a proposed settlement with Missouri that would bring an end to Biden's "Saving on a Valuable Education," or SAVE, plan.
Education Secretary Linda McMahon Interview
Education Secretary Linda McMahon Interview

Social Security recipients can expect a 2.8% increase in benefit payments for 2026

Individual retirement benefits will climb an average of about $56 per month, the Social Security Administration said.
Social Security checks at the U.S. Treasury printing facility in Philadelphia.
Social Security checks at the U.S. Treasury printing facility in Philadelphia.
150d ago

Klarna seeks growth beyond buy now, pay later as its stock goes public

The company's expansion plans include launching a new card and getting involved in mobile phone plans.
Financial Technology Company Klarna Debuts On The New York Stock Exchange
Financial Technology Company Klarna Debuts On The New York Stock Exchange

What to know about putting your student loan payments on pause

Experts warn that while deferments and forbearances can offer relief, they also can also come at a cost.
The backs of graduates wearing gowns and caps
The backs of graduates wearing gowns and caps

Senator introduces bill to eliminate taxes on Social Security benefits

It would also expand the Social Security payroll tax to apply to annual earnings over $250,000.
Sen. Ruben Gallego, a D-Ariz.,
Sen. Ruben Gallego, a D-Ariz.,

Student loan borrowers pausing payments have doubled since 2024, expert calculates

Another 3.4 million federal student loan borrowers had deferred their payments in the third quarter of this year, up from 3.2 million a year earlier.
Students walk on the campus of Boston College in 2024.
Students walk on the campus of Boston College in 2024.

Americans expected to bet record $30 billion on the 2025 NFL season legally

The biggest players in the space, Flutter-owned FanDuel and DraftKings, are facing growing competition from BetMGM and Caesars.
Fans watch Super Bowl at a bar.
Fans watch Super Bowl at a bar.

Lamborghini CEO says tariffs are causing even the wealthiest buyers to pause

For now, the company is fairly insulated from any immediate drop-off in demand, since it has a large back order.
Lamorghini CEO Stephan Winkelmann in 2024.
Lamorghini CEO Stephan Winkelmann in 2024.