New student loan laws can help borrowers manage better in 2024

From helping student loan borrowers pay off debt and save for retirement to complete forgiveness, 2024 brings some hope for borrowers.

Self-checkout systems may contribute to store theft
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According to the National Retail Federation, businesses suffer over a hundred billion dollars in losses each year due to store theft. FOX 26 Business Reporter Tom Zizka highlights a new survey suggesting that the widespread use of self-checkout systems may be partially responsible for the increasing issue

Education Department plans inflation fix for new FAFSA

Families must wait longer to see how much student aid they are awarded for the upcoming college spring semester via FAFSA.

Poll: Most Americans feel they pay too much in taxes

A majority of taxpayers feel they pay too much in taxes, with many saying that they receive a poor value in return, according to a new poll.

Most Americans cannot afford a $1K emergency expense

Thirty-five percent of adults surveyed said they'd have to borrow money if they had a $1,000 unexpected expense.

Gen-Z saving money with 'loud budgeting'
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Gen-Z is participating in 'loud budgeting' to take a break from their excessive spending. Along with Millenials, they're building an emergency fund.

Gas prices remain stagnant as demand drops: AAA

Although prices are lower than they were last year at this time, they remain steady month over month.

Study: Gen Z, millennials are ‘obsessed’ with idea of being rich

The study found that nearly 60% of millennials said they feel behind financially, likely contributing to feelings of financial inadequacy.

Gray collar careers: What to know
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Do you think you need a college degree to earn $100,000? That's not the case.

US fourth quarter GDP beats expectations and recession odds

Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.

Housing is expensive for a record half of American renters, study shows

A new Harvard analysis reveals soaring housing costs put a financial strain on millions of renters, with prices spiking during the pandemic.

Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted

The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.

Do you have an emergency fund?
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A new study finds that more than half of Americans couldn't pay for an emergency expense. Financial coach and author Charlotte Stallings has some advice for getting back on track.

IRS to start simplifying notices to taxpayers this year

The IRS on Tuesday announced that it will redesign and simplify the long and often complicated notices it sends to taxpayers every year. 

Social Security is coming for a bigger chunk of your paycheck

The portion of personal income subject to the Social Security tax has increased to $168,600 this year from $160,200 in 2023.

Read this before you sign up for a college credit card

Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.