Airlines make billions from junk fees
Lawmakers say airlines are raking in billions of dollars in so called ‘junk fees’.
U.S. economy
Egg prices continue to climb
People heading to the grocery store for Thanksgiving are seeing sky-high prices for eggs.
Jobless claims fall to lowest level since April
Jobless claims have fallen to the lowest level since April.
Bitcoin ticks closer to $100,000 in extended surge following US elections
Bitcoin extended its streak of record highs after ticking above $99,000 for the first time overnight. The cryptocurrency has rocketed more than 40% in just two weeks.
53% of adults will need social security
More than half of adults who have yet to retire say they will need to rely on social security benefits for necessary expenses.
More rate cuts could be coming soon
More interest rate cuts are likely, that is according to Federal Reserve Chair Jerome Powell.
Speaker Mike Johnson says Republicans are ‘ready to deliver’ on Trump’s agenda
House Speaker Mike Johnson said Tuesday that Republicans are “ready to deliver” President-elect Donald Trump’s agenda after his election victory, insisting the GOP won’t make the mistakes of last time and will be much better prepared for a second-term Trump White House.
Fed cuts rates, mortgage rates stay high
The cost to borrow money has gone down slightly after the Federal Reserve approved to lower interest rates by a quarter point last week.
IRS collects $5 trillion in taxes
The Internal Revenue Service released its 2024 financial report this week.
Trump’s win brings uncertainty to borrowers hoping for student loan forgiveness
Savannah Britt owes about $27,000 on loans she took out to attend college at Rutgers University, a debt she was hoping to see reduced by President Joe Biden’s student loan forgiveness efforts.
