Student loan repayments to soon resume; here?s what borrowers need to know

Federal student loan repayments will finally resume for 43 million borrowers at the end of August after a 3-year pause. Many are expected to struggle to make payments on top of high inflation, however. FOX 26 Consumer Heather Sullivan shares some smart sense on how you can reduce your payments.

Job growth keeps Fed's eye on future interest rate hikes

Job growth held steady with an addition of 339,000 jobs in May, according to the latest Bureau of Labor Statistics (BLS) data. But a strong labor market could mean the Fed will keep raising interest rates, experts said.