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The Trump administration has begun sending wage garnishment notices to federal student loan borrowers in default. Here's what you need to know about protecting your paycheck and getting out of default.
Software companies face a credit freeze as AI disruption fears send borrowing costs soaring and lenders walk away from the sector entirely.
The IRS began accepting 2025 returns on January 26 and the first refund checks are landing now. With high-yield savings at 4% APY and credit card rates near 23%, here are five ways to make your refund work.
The Congressional Budget Office publishes its annual 10-year baseline projections today, reflecting the 2025 reconciliation act, higher tariffs, and reduced immigration for the first time.
The Congressional Budget Office publishes its annual 10-year baseline projections today, reflecting the 2025 reconciliation act, higher tariffs, and reduced immigration for the first time.
Chinese regulators have privately instructed major commercial banks to limit new US Treasury purchases and gradually reduce large holdings, citing concentration risks.
Visa reported record fiscal Q1 revenue of $10.9 billion as US holiday spending topped $1 trillion for the first time, but average card balances climbed to $3,564 amid rising consumer strain.
The US Treasury will auction $125 billion in 3-year, 10-year, and 30-year securities next week. The results could shape mortgage rates, stock market direction, and Fed policy expectations.
After holiday sales crossed $1 trillion for the first time, analysts warn of a spending hangover in 2026. Real consumer spending growth may slow to just 1.5%.
Federal Reserve data shows revolving credit decreased at a 1.9% annual rate as consumers pull back on borrowing amid elevated interest rates and tariff-driven inflation fears.
Credit card delinquencies have hit a five-year high while consumer spending remains robust. The paradox reveals an economy that's booming for some and buckling for others.
Federal Reserve data shows Americans reduced credit card balances by $2.1 billion in November, marking the first pullback in revolving credit in nearly three years.