Student-Loan Freeze Saves Borrowers Nearly $200 Billion as Biden Considers Extension
Around 37 million federal student-loan borrowers were spared $195 billion in loan payments since the government froze their payments at...
Personal finance
Home Sales Fell in February Amid Tight Supply, Rising Mortgage Rates
Sales of previously owned homes declined in February as rising mortgage-interest rates and a shortage of homes for sale made...
Teens Find Rising Used-Car Prices Dash Hopes of First Car
Chase Smith had been saving for her first car long before she had a license to drive. But when the...
Why Collecting Vintage Watches Took Off During the Pandemic
One of the more common psychological side effects of the pandemic has been a distorted sense of time. With work...
The Hidden Ways Companies Raise Prices
Lettuce Entertain You Enterprises Inc., a Chicago-based restaurant group, has added a 3% “processing fee” to checks at many of...
Americans’ Finances Got Stronger in the Pandemic—Confounding Early Fears
The Covid-19 pandemic threatened to ruin Americans’ finances. For many, the opposite happened.Though initial shutdowns caused unemployment to surge to...
Airlines Prepare for Busy Travel Week Amid Omicron Surge
The rapid spread of the Omicron variant is looming over holiday travel, but airports are getting busier as travelers try...
Inside AMC’s Crazy, Bonkers, Upside-Down Year of Apes, Memes and Shorts
A mob rescued the world’s largest movie-theater chain from the edge of bankruptcy. It turned out to be only the...
I’ve Tried to Make Travel Better for 20 Years. Mostly It’s Gotten Worse.
I fear I’ve failed.When I started covering aviation, flights were expensive, delays were maddening and the coffee on Southwest Airlines...
IRS Boosts 401(k) Contribution Annual Cap to $20,500
WASHINGTON—Workers will be able to set aside up to $20,500 in their 401(k) accounts in 2022, up $1,000 from this...
Democrats Try to Salvage IRS Bank-Account Reporting With Scaled-Back Plan
Democrats scaled back a proposal that would require banks to send more information about customers’ accounts to the IRS in...
Social Security Benefits to Increase 5.9% for 2022
Seniors and other Americans receiving Social Security benefits in 2022 will see the largest increase in their payments in four...
Succession Drama Grips Scholastic: CEO’s Sudden Death, an Office Romance and a Surprise Will
The longtime head of Scholastic Corp., M. Richard Robinson Jr., died suddenly in June on a walk in Martha’s Vineyard....
Mortgage-Refinancing Costs Expected to Fall as Fannie, Freddie Drop Fee
WASHINGTON—The cost of refinancing government-backed home loans is expected to fall as mortgage giants Fannie Mae and Freddie Mac are...
Inflation Accelerates Again in June as Economic Recovery Continues
U.S. consumer prices continued to climb swiftly in June, as the economic recovery gained steam and demand outpaced the supply...
Saudi Retail Magnate To List 432 Park Penthouse For as Much as $170 Million
Saudi retail and real-estate magnate Fawaz Al Hokair is planning to list his penthouse at 432 Park Avenue—one of New...
Capital Gains: A Century-Old Tax Break Gets a Rush of Attention
Suddenly, capital-gains taxes are all over the news. In late May, the Biden administration released details of its proposals to...
Covid-19 Savings Stockpile Could Accelerate Economy—if Consumers Spend It
But it isn’t clear whether consumers will seize that opportunity with enthusiasm. If they hold back, the recovery will be...
Buffett Stands Alone, but Companies Should Open Door to Older CEOs
Happy birthday. Now pack up your stuff and go.That might constitute a harsh goodbye for most employees, but unless your...
These Technologies Could Hold Back Business Travel Indefinitely
It’s a sunny, breezy morning in Eugene, Ore., a place best known for access to the great outdoors, a history...
