Consumers see higher auto payments in exchange for better borrowing rates
Car loan terms have shortened as buyers with better credit seek cheaper rates for higher monthly payments, a recent Experian report said.
Home prices climb 6.4%, hit new record high in February: Case-Shiller
Home prices are now 6.4% above their level last year, up from the 6% increase registered in January.
Americans adjust retirement goals up 15% but savings drop: survey
U.S. adults believe they will need at least $1.46 million to retire in style, a Northwestern Mutual survey said.
Biden's new student loan forgiveness plan would cost an extra $84 billion: report
Biden has proposed a plan B student loan forgiveness proposal that would cost taxpayers an extra $84 billion, a recent Penn Wharton analysis said.
Many Americans spend more than 30% of their take-home pay on a mortgage: survey
Homebuyers ready to take the plunge in today's housing market have had to sink a bigger portion of their paychecks into mortgage payments and make significant cuts to everyday spending, a recent survey said.
Drop in fuel demand and oil prices sends gas prices lower: AAA
The national average cost for a gallon of gas declined as demand for fuel and oil prices dropped.
US first quarter GDP slows more than expected, but inflation keeps rising
Real GDP increased at an annual rate of 1.6% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate released Thursday.
Middle-income Americans feel more optimism about finances and economy's direction: survey
Middle-income Americans feel more optimistic about finance as inflation and recession worries ebb, a recent Santander survey said.
76% of buy now, pay later users said it helped improve their financial situation but beware of risks: survey
Over a third (34%) of respondents said they liked BNPL because it allowed them to pay for purchases over time without paying interest, and 22% liked the option because it was easier to access than credit cards, according to the Achieve survey.