Houston fights against state legislation stripping local governance control
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Houston Mayor Sylvester Turner and city officials protest House Bill 2127, which removes the authority of city and county governments to establish local laws differing from state standards, leading to a lawsuit seeking to declare the law unconstitutional. Supporters argue that uniform standards statewide would benefit businesses.

Biden administration announces SAVE plan after SCOTUS student loan decision

The White House announced SAVE, a new income-driven student loan repayment plan and other initiatives following the Supreme Court's decision to strike down widespread student loan forgiveness.

Mortgage rates inch to the highest level so far this year: Freddie Mac

The average 30-year fixed-rate mortgage increased to 6.81% for the week ending July 6, according to Freddie Mac's latest Primary Mortgage Market Survey.

Standoff over property tax relief continues
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Texas lawmakers are starting another special session to tackle property taxes, but they can't seem to decide how to put more money in your pocket. One state representative wants you to cote on it. FOX's Shaun Rabb has a look at the plans on the table.

Subprime-rated consumers have less access to credit – Here's how to improve your score

Subprime-rated consumers may have fewer borrowing options to deal with unexpected costs as lenders tighten access to credit to this group in favor of more consumers with higher credit scores, a VantageScore report said.

Summer break reluctance: Workers, vacation trends
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Robert Vaughn, the regional director for talent solutions and business consulting firm Robert Half delves into the findings of their recent research, which reveals that a significant number of workers are forgoing their summer vacations.

Recession expected by end of 2023: Fannie Mae

A recession is likely in 2023, Fannie Mae forecasted. And the Fed may continue to raise interest rates after its June pause, despite projections that inflation will continue to cool.

Record number of Americans expected to travel this 4th of July: AAA

More than 50 million Americans may travel this 4th of July 2023 weekend, AAA reported. But with record travel expected, some times may be better to drive than others.

Tips on making college more affordable for students
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Lots of families are preparing to send their high school graduates off to college and student loan payments are set to resume soon. We hear from an expert on ways to make college more affordable.

Apple is now the first publicly traded company valued at $3 trillion

Apple is now the first publicly traded company to close a trading day with a $3 trillion market value, marking another milestone for a technology juggernaut that has reshaped society with a line-up of products that churn out eye-popping profits.

Supreme Court strikes down Biden's student loan forgiveness plan – what's next?

The U.S. Supreme Court held that the Biden administration needs to have Congress’ backing for the costly student loan forgiveness plan and rejected arguments that the HEROES Act of 2003 gave Biden the authority he claimed.

'Job-leaving agents' help people escape awkwardness of quitting in Japan

In Japan, a nation known for loyalty to companies, people who job-hop are often viewed as quitters -- which is considered shameful. Enter “taishoku daiko," or “job-leaving agents."

Online retailer Overstock to rebrand itself as Bed Bath & Beyond

The online retailer Overstock is dumping its name. Here's how Bed Bath & Beyond will live on for consumers in the U.S. and Canada.

Borrowers may see credit scores change once federal student loan payments resume

Resuming the payments on student loans means that a large percentage of nearly 40 million Americans who have not made payments on their federal student loans in the past three years may see some changes in their credit scores, according to the VantageScore report.

Caution: boomerang kids could be bad for parents' financial health, survey says

Forty-one percent of parents said they have a so-called boomerang child currently living at home with them, according to a recent survey by asset manager Thrivent.