Biden cancels $1.2 billion in student loans for borrowers enrolled in SAVE

The first batch of student debt cancellations under the SAVE plan is underway as President Joe Biden announced $1.2 billion in student loan forgiveness six months ahead of schedule.

No relief for seniors as big drop forecasted for Social Security COLA

Early estimates for Social Security benefits and cost of living adjustments are low as inflation slows, but seniors struggle to make ends meet.

Some student loan borrowers are boycotting payments, but the risk is high: survey

Six in 10 student loan borrowers have missed payments since the student loan payment pause ended in October after a 42-month payment and interest accrual pause, a recent Intelligent.com survey said.

US Department of Education supports colleges and students amid FAFSA delays

The U.S. Department of Education is stepping in to support colleges in sending out financial aid awards sooner to students after an inflation fix to the new FAFSA form delayed the timeline.

Homebuyers feel good about where mortgage rates are headed: Fannie Mae

Fannie Mae survey said that homebuyers feel better about mortgage rates but still don't think now is a good time to buy a home.

It's the first 'official' day of tax filing season
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Monday is the first "official" day of tax filing season, and Jackson Hewitt General Manager Doug Preble is here to share some tips and what you should know ahead of filing. The deadline is April 15, but taxpayers shouldn't wait to file.

IRS launches its free-filing pilot program in 12 US states

With tax season kicking off Monday, the IRS is rolling out a new online option for filing your 2023 returns. Here's how it works.

US fourth quarter GDP beats expectations and recession odds

Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.

AI and your finances
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Artificial Intelligence (AI) is increasingly being used for various purposes, including financial planning and management. Bankrate Analyst James Royal explains.