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“[These] charges are taking real money out of the pockets of American families. These junk fees can add up to hundreds of dollars, weighing down family budgets, making it harder to pay family bills,” President Biden said on Wednesday. (AP Photo/Susan Walsh) Full story → ![]()
Nearly half of all borrowers say they aren’t financially prepared to begin repaying their debt. Despite this, interest began accruing again on Sept. 1, and payments will be due again in October. (AP Photo/Jacquelyn Martin, File) Full story → ![]()
The proposed regulation would require employers to pay overtime to their salaried workers who are in executive, administrative, and professional roles, and make less than $1,059 a week, or $55,068 a year for full-time employees. (AP Photo/Michael Wyke, File) Full story → ![]()
The Biden administration has begun the process of creating a new plan for widespread loan cancellation and implementing the SAVE Plan, which will cut monthly payments to $0 for millions of borrowers. There will also be a 12-month “on-ramp” period to ease borrowers back into making payments. (AP Photo/Evan Vucci, File) Full story → ![]()
UPS teamsters and workers hold a rally in downtown Los Angeles, as a national strike deadline nears on Wednesday, July 19, 2023. A little more than a week after contract talks between United Parcel Service and the union representing 340,000 of its workers broke down, UPS said it will begin training nonunion employees in the U.S. to step in should there be a strike, which the union has vowed to do if no agreement is reached by the end of this month. (AP Photo/Damian Dovarganes) Full story → ![]()
FILE – President Joe Biden pauses as he speaks in the Roosevelt Room of the White House, Friday, June 30, 2023, in Washington. Education Secretary Miguel Cardona listens at left. After a series of major blows to his agenda from the Supreme Court, Biden is intent on making sure it is voters — not the justices of the high court — who have the final say. “Republicans snatched away the hope that they were given,” Biden said hours after the high court overturned his plan to forgive a majority of the country’s federal student loans. (AP Photo/Evan Vucci, File) Full story → ![]()
Short-term insurance plans offer limited coverage, can deny coverage based on pre-existing conditions, and trick consumers into buying products that provide “little or no coverage when they need it most,” according to the White House. (Photo via Shutterstock) Full story → ![]()
The Biden administration has been putting pressure on companies across multiple sectors to be more transparent with consumers. (Photo via Shutterstock) Full story → ![]()
A few years after Alito reportedly took a trip to Alaska paid for by Republican donor Paul Singer, the Supreme Court issued a ruling in a case involving Singer that netted his hedge fund $2.4 billion. Despite his ties to Singer, Alito did not recuse himself from the case. (AP Photo/J. Scott Applewhite, File) Full story → 
