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The Good Brigade | Digitalvision | Getty Images A new legislative package signed into law by President Joe Biden on Tuesday is a big win for Medicare patients who struggle to cover the cost of insulin to manage their diabetes. But the bill, called the Inflation Reduction Act, falls short of applying those cost controls…
Getty Images By now, you probably know that prices for new cars have been climbing at a brisk pace, along with many other consumer goods, in the midst of high inflation. The average cost of a car is an estimated $45,869, according to a recent joint forecast from J.D. Power and LMC Automotive. Adding to…
JGI/Tom Grill Millions of Americans still have tax returns in limbo as the IRS works to clear its backlog. But there’s a little good news if you’re missing a refund: You may be earning interest on your unpaid balance, and the rate jumps to 6% from 5% on Oct. 1, according to the agency. Typically,…
Rep. John Larson, D-Conn., and other lawmakers discuss the Social Security 2100 Act, which would include increased minimum benefits, on Capitol Hill on Oct. 26, 2021. Drew Angerer | Getty Images News | Getty Images Social Security crossed a new milestone when it reached its 87th anniversary on Sunday. The program was signed into law…
Skynesher | E+ | Getty Images Consumers looking to buy a new car may need to clear more room in their budgets for it. For new vehicles, the average auto loan is for 70.4 months (less than two months shy of six years) and monthly payments have climbed past $700 for the first time ever,…
A decision from the White House on federal student loan forgiveness could be just days away. Yet current high school students will still struggle with how to pay for college without taking on too much debt. With tuition on the rise, most families rely on a combination of resources to make it work. Income and…
seksan Mongkhonkhamsao Personal bankruptcy filings have fallen dramatically since the beginning of the coronavirus pandemic, but with interest rates rising and government relief waning, filing numbers will likely pick up through this year, say experts. “I’ve had more calls in the last few weeks than the previous six months,” said Charles Juntikka, a New York-based…
WASHINGTON, DC – JULY 27: Student loan debt holders take part in a demonstration outside of the white house staff entrance to demand that President Biden cancel student loan debt. Jemal Countess | Getty Images Entertainment | Getty Images A number of big changes are coming for borrowers pursuing public service loan forgiveness. That program,…
Getty Images The Inflation Reduction Act, passed by House Democrats on Friday and headed to President Joe Biden’s desk for his signature, is the most ambitious climate spending package in U.S. history — and households that take steps to improve their energy efficiency stand to reap financial benefits. The package would pump $369 billion into…
Despite some indications of an economic slowdown, the job market remains remarkably stable, and many workers have reaped the benefits. In fact, a record number of employees quit their jobs, found new positions and renegotiated along the way. But not everyone who joined the so-called Great Reshuffle is better off. More than a quarter —…
Families, parents and caregivers call on Congress to include paid family and medical leave in the Build Back Better legislative package during an all-day Nov. 2, 2021 vigil in Washington, D.C. Paul Morigi | Getty Images Entertainment | Getty Images Missing a week of work due to illness, child care or other obligations during Covid-19…
Brothers91 | E+ | Getty Images Depending on how you get your health-care coverage, you may soon get a rebate from your insurer. An estimated 8.2 million policyholders are expected to receive a piece of $1 billion in rebates by Sept. 30 from various insurers, according to an analysis from the Kaiser Family Foundation. The…