White House expects Biden's spending bill to pass House this week

President Joe Biden’s top economic adviser is confident confidence the White House’s $1.85 trillion domestic policy package will quickly pass the House this week.

US inflation: Economists explain why consumer prices are rising

For months, many economists had sounded a reassuring message that a spike in consumer prices, something that had been missing in action in the U.S. for a generation, wouldn’t stay long.

How to decide if you need flood insurance for your home

Do you own or rent a home in an area with elevated flood risk? Here's how to decide if you need to take out a separate flood policy.

US hospitals ask for donations of gently used crutches, canes, walkers amid shortage

An aluminum shortage is hitting hospitals across the U.S. hard, limiting the number of much-needed crutches, canes, walkers and even wheelchairs that they can provide to patients.

Fed to begin tapering its assets, economists say it will send interest rates higher

The Federal Reserve announced after its November meeting that it will begin tapering its economic stimulus. Here's what that could mean for interest rates.

Student loan forgiveness memo: Expert says Biden has authority to cancel student debt

The White House recently released a memo about canceling debt for federal student borrowers, but the text was heavily redacted. Here's what one expert thinks that means.

Elon Musk sells $1.1B in Tesla stock after Twitter poll

The sales, disclosed in two regulatory filings late Wednesday, will cover tax obligations for stock options granted to Musk in September.

Biden touts $1T infrastructure plan as eventual fix to supply chain backlog, inflation

President Joe Biden is touting his $1 trillion infrastructure plan at the Port of Baltimore as an eventual fix for the nation’s inflation and supply chain woes -- if Americans just have the patience to wait for the construction to begin.

Holiday shoppers plan to spend more money in 2021 after 2 years of decline, TransUnion finds

Many consumers are planning on spending more money this holiday shopping season amid supply chain issues. Here's how consumer behavior may change the way you finance holiday expenses.