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Finance

60% of Americans carry a credit card balance — as interest rates top 20%, Fed report finds

Julpo | E+ | Getty ImagesMany Americans are paying a hefty price for their credit card debt.As a primary source of unsecured borrowing, 60%...

Finance

The federal government is phasing out paper checks. Here’s who will be affected

Checks are printed at the U.S. Treasury Philadelphia Finance Center in Philadelphia, Pennsylvania.Dennis Brack | Bloomberg | Getty ImagesPaper checks were already dying a...

Finance

50% of parents financially support adult children, report finds. Here’s how much it costs them

Maskot | Digitalvision | Getty ImagesTo get by these days, more young adults turn to a likely source for help: their parents.For the first...

Finance

Equal Pay Day highlights stalled pay gap progress: ‘Women are never, ever going to catch up,’ researcher says

Hinterhaus Productions | Digitalvision | Getty ImagesFor decades, women have faced an uphill battle in the workplace.Even now, although women are achieving increasing levels of...

Finance

Federal Reserve holds interest rates steady: What that means for mortgages, credit cards and more

The Federal Reserve Building in Washington, D.C.Joshua Roberts | ReutersThe Federal Reserve announced Wednesday it will leave interest rates unchanged as President Donald Trump's tariff policies weigh on economic...

Finance

Harvard boosts free-tuition offer, matching other Ivy-Plus schools in ‘affordability arms race,’ expert says

Harvard University campus in Cambridge, Massachusetts.Michael Fein | Bloomberg | Getty ImagesHarvard University is the latest institution to announce that tuition will be free...

Finance

Here’s how to maximize your college financial aid offer — experts break it down

For college hopefuls, there is a letter that is arguably more significant than an acceptance notification: the financial aid award.Nearly 75% of all undergraduates...

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