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Why the interest-rate cut isn't delivering the relief consumers were hoping for
The 10-year Treasury yield went above 4%, leaving consumers facing high borrowing costs despite the…
Dan DeFrancesco
The SBA can't help business owners hit by Helene, Milton until Congress comes back post-election
The Small Business Administration can't make disaster loans to businesses, homeowners until Congres…
Catherine Boudreau
Invasion of the dogs: How surging canine ownership is reshaping cities and businesses
A growing obsession with canines is shaping our built environments, from bars to apartments to your…
Juliana Kaplan,Eliza Relman
SARS-CoV-2 proteins have been found hiding in blood of long COVID patients. Can this explain the persistent infection?
A Harvard study found that 43% of long COVID sufferers had these proteins, suggesting persistent in…
Why higher demand for sausage might be the latest sign the US economy is slowing
A food manufacturer in Texas said its seen rising demand for sausage, a sign the economy is slowing…
Kelly Cloonan
Cries are getting louder for emergency interest-rate cuts this week, something that's been reserved for pandemics or terrorist attacks
Friday's jobs report triggered a key recession indicator, prompting calls for an emergency interest…
Ayelet Sheffey
Biden's Education Department reveals the 4 groups of student-loan borrowers it's prioritizing for its second attempt at debt relief
The Education Department is moving forward with its second attempt at student-loan forgiveness. It'…
Ayelet Sheffey
It doesn't look like broad student-loan forgiveness will happen under Biden's new debt relief plan
While the Education Department said some student-loan borrowers could see all their debt wiped out …
Ayelet Sheffey
Student-loan borrowers who qualified for the first debt-relief plan are not yet guaranteed relief under Biden's new route
The Education Department said it would "explore policy options" to help "as many people as possible…
Ayelet Sheffey
All the ways student-loan borrowers can get help on their monthly payments — and new relief to look out for next year
For the first time in over three years, millions of student-loan borrowers are facing a monthly bil…
Ayelet Sheffey
CHART OF THE DAY: The extra money people saved during COVID is almost gone
"The sunset of government stimulus and relief programs and diminishing savings should result in hig…
Matthew Fox
America's big cities are about to run out of money
Cities like Denver, Boston, New York, and San Francisco are facing budget crunches as tax revenues …
Emily Stewart
Here's where funding comes from for guaranteed basic-income programs giving money with no strings attached to low-income Americans
Basic income programs in San Antonio, Austin, Denver, and Atlanta draw funding from federal relief,…
Allie Kelly,Noah Sheidlower
Student-loan borrowers could benefit from Biden's new debt cancellation plan as early as this fall. Here's what you need to know.
Over 30 million student-loan borrowers could benefit from Biden's new debt relief plan after the Su…
Ayelet Sheffey
Where student-loan forgiveness now stands for millions of borrowers one year after Biden announced his broad debt relief plan
A year ago, Biden announced his broad student-debt cancellation plan. Here's where things stand aft…
Ayelet Sheffey
A $0 monthly student-loan payment could hurt some borrowers in the long term. An upcoming policy could change that.
The Philadelphia Fed found that having a $0 monthly student-loan payment helps borrowers who need i…
Ayelet Sheffey
If you're under 40, Biden's latest student-debt relief plan probably isn't much help
The Biden Administration said it would forgive $39 billion of student debt for about 800,000 eligib…
George Glover
The Supreme Court strikes down Biden's student-loan forgiveness plan, blocking debt relief for millions of borrowers
The Supreme Court ruled Biden's student-loan forgiveness is illegal, meaning borrowers will resume …
Ayelet Sheffey
A major student-loan company is 'impeding' borrowers' debt cancellation and 'mishandling' their monthly bills, Elizabeth Warren says. She wants its CEO to face Congress.
Since student-loan payments resumed, borrowers serviced by MOHELA have faced a range of repayment a…
Ayelet Sheffey
San Antonio experimented with giving people $5,108, no strings attached. They spent it on housing and school supplies for their kids.
San Antonio is one of several US cities that has piloted basic-income programs to assist low-income…