CBO: Biden's student loan cancellation plan to cost $400B

The Biden administration previously estimated the plan would cost about $24 billion a year over the next 10 years.

New rule will reveal 'true cost' of airline tickets, White House says

President Joe Biden plans to announce a new initiative that would eventually allow consumers to see a more complete price on airline tickets before they buy them.

Butter shortage drives up prices ahead of holiday baking season

The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.

Dow hits 2022 low as markets sell off on recession fears

Stocks tumbled worldwide Friday on more signs the global economy is weakening, just as central banks raise the pressure even more with additional interest rate hikes.

Georgia virtual cards: State agency working to address ongoing issues

In a post on its Facebook page, the GDHS wrote the most common reason a virtual car may be declined is that the merchant does not accept digital cards.

Federal interest rate hikes are here: How will it impact your finances?

Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier. Savings rates are slightly juicier, though.

Fed hikes rate by three-quarters of a point in continued fight against inflation

The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.

Existing home sales drop to lowest level since 2020

Sales of previously owned houses fell in August for the seventh consecutive month as rising interest rates pushed potential homebuyers out of the market.

Gap slashes 500 corporate jobs after pandemic, supply chain issues

The job cuts follow years of struggles at the San Francisco-based retailer, which operates stores under its namesake brand as well as Old Navy, Banana Republic and Athleta.

Here's how much more you'll pay to heat your home this winter

The average cost of heating a household this winter is set to increase by 17.2%, according to a forecast by the National Energy Assistance Directors Association.

EXPLAINER: How the strong U.S. dollar can affect everyone

After rising again Friday, the dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen.

Biden administration moves closer to creating a digital dollar

The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar.

Biden, S. African leader meeting to discuss Ukraine, climate issues, trade

The White House meeting between the two leaders is also an effort for the Biden administration to improve relations with South Africa to handle global issues.