The highest rates in 20 years are dashing the dreams of some would-be homebuyers. Others stretch to buy but spend close to $1,000 a month more in monthly payments for a typical house.
Officials promised a robust review process before forgiving PPP loans, but most loans could be forgiven with a simple, one-page form. Meanwhile, just 2% of loans have gotten close, hands-on reviews.
New policies to keep medical bills from sinking credit ratings sound good but will likely fall short for many hit hardest by debt — especially Black Americans in the South, such as Penelope Wingard.
Russell Cook expected a quick, inexpensive visit to an urgent care center for his daughter after a car wreck. She wasn't badly hurt, but they were sent to an emergency room — for a much larger bill.
Stocks are down more than 20% this year. Usually when that happens bonds hold their value. But right now both are down sharply, hurting retirees and people saving for college in 529 plans.
Even after their babies died, hospital bills kept coming. These parents of fragile, very sick infants faced exorbitant bills — though they had insurance. "The process was just so heartless," one says.
Retailers have been complaining that credit card companies have the upper hand - charging them "swipe fees" when customers use cards. A bipartisan bill is in the works that could change that dynamic.
Supplemental Security Income, a federal program meant to be a financial floor for people unable to work, hasn't kept pace with inflation. Many recipients are homeless, unable to save for an apartment.
The ACA has required health insurers to provide many medical screenings and other preventive services with no out-of-pocket cost to health plan members. But a recent court decision could upend that.
Amid Republican attacks, investors focused on environmental, social and governance (ESG) issues say they are just trying understand emerging risks and opportunities.
The IRS is refunding penalties it charged taxpayers for filing their 2019 and 2020 tax returns late, as a form of COVID-19 relief. The refunds don't apply to penalties for failing to pay your taxes.