Getting life insurance while you're young and healthy can save you thousands

The longer you wait to lock in a life insurance premium, the higher your monthly rate will be. Find out how taking out life insurance while you're young and healthy can save you thousands of dollars.

Stocks sink on new COVID variant; Dow loses 1,000 points

A day after the Stock Market was closed for Thanksgiving, news of a new COVID-19 variant sent stocks falling, with the Dow losing 1,000 points.

Rising inflation not stopping consumer spending, new data shows

Personal incomes, which provide the fuel for future spending increases, rose 0.5% in October after having fallen 1% in September, a reflection of a drop in government support payments.

Unemployment benefits claims hit 52-year low after seasonal adjustments

Seasonal adjustments around the Thanksgiving holiday contributed significantly to the bigger-than-expected drop. Unadjusted, claims actually ticked up by more than 18,000 to nearly 259,000.

Dollar Tree doubles down on pricing items over $1

Dollar Tree will charge $1.25 for the majority of its products across all of its locations nationwide by the end of April.

College costs have risen at nearly 5x the rate of inflation, report finds

The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.

Student loan payments restart in February, but survey finds 89% of borrowers aren't ready

About 9 in 10 fully employed borrowers said they are not financially secure enough to resume federal student loan payments in February 2022, according to a new survey.

Department of Labor raises federal contract workers’ minimum wage to $15 an hour

The U.S. Department of Labor announced on Monday an increase of the federal minimum wage to $15 an hour for federal contractors, giving a pay bump to hundreds of thousands of workers.

Jerome Powell nominated for 2nd term as Fed chair amid surging inflation

Biden's decision, reached after extensive consideration, strikes a note of continuity and bipartisanship at a time when surging inflation is burdening households and raising risks to the economy's recovery.