November inflation rises at the slowest rate this year, beating expectations

Inflation rose 7.1% year-over-year in November, a slowdown from the 7.7% increase in October. Here's what this means for the economy and future interest rate hikes.

Gas prices plunge to new low, expected to keep dropping in 2023: AAA

The national average cost for a gallon of gas fell to $3.26, 52 cents less than a month ago and six cents less than a year ago, according to AAA.

Mortgage rates to stay high in 2023: Freddie Mac

High mortgage rates and home prices are creating a weak housing market. Here’s how to lower your rate and monthly payments.

Credit card balances hit record high amid inflation: TransUnion

Inflation and an uncertain economy influenced record-high credit card balances in the third quarter of 2022, according to TransUnion. Here’s how you can pay off your high-interest debt.

What is the first-time homebuyer tax credit and how does it work?

The new version of the first-time homebuyer tax credit hasn’t passed Congress yet, but there are some tax credits homeowners can take advantage of today.

Spending on auto insurance is up: Here's how drivers are saving money

Americans spent an average of $1,705 on auto insurance in 2022, up 4% from 2021 and 17% from 2020, a recent Insurify study said.

Nearly half of Americans expect to go into debt buying holiday gifts

Nearly half of Americans expect to go into debt during the holidays this year. Here’s how to pay down your holiday debt quickly.

Job growth spikes in November, interest rates expected to continue rising

The economy added more than 260,000 jobs in November and wages increased, but economic uncertainty is still a concern for many Americans. Here’s how to manage your finances today.

Universal's Epic Universe on track to open in 2025, company says
video

Construction is well underway at Universal's Epic Universe being built just off of Sand Lake Road at Kirkman Road. Structures are beginning to rise at the 750-acre site as seen from SKYFOX, and during a quarterly earning call on Tuesday, Universal executives confirmed that the project is on track to open in 2025.

Recession is expected in Q1 2023: Bank of America

Bank of America economists expect a recession to emerge in the beginning of 2023. Here’s how to keep your finances on track.

Fannie Mae, Freddie Mac to back mortgages over $1M

The FHFA announced higher mortgage loan limits surpassing $1 million, giving borrowers access to larger loan amounts without taking out a jumbo mortgage.

Supreme court to hear arguments on Biden's student loan forgiveness plan next year

The Supreme Court will rule over the legality of Biden's student loan forgiveness plan, but private loan borrowers won't qualify if it gets approved. Here's what to do if you can't get student loan relief.