Texas parents charge 19-year-old daughter rent; reveal criticism and support

People are sounding off on TikTok as parents charging their children rent has become a topic of discussion. Check out how one family navigated their adult daughter living at home.

Household debt hit record $17T last quarter as inflation squeezes Americans

New York Federal Reserve data released Monday shows household debt hit a fresh record in the first quarter of 2023 as high inflation squeezes Americans.

Housing market could tumble into a 'deep freeze' if US defaults on its debt

A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.

Fed's May interest rate hike could harm regional bank lending, mortgages, expert warns

The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.

Biden administration approves $42B in student loan forgiveness under updated PSLF program

The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.

Multiple groups vying for billions in Orange County tourism tax dollars

The Orange County Tourist Development Tax Citizen Advisory Task Force was expected to meet on Friday to discuss applications from dozens of groups seeking billions of dollars collected through the county's resort tax.

Mortgage rates dip on positive inflation data: Freddie Mac

The average rate for a 30-year fixed-rate mortgage dropped to 6.35% for the week ending May 11, according to Freddie Mac's Primary Mortgage Market Survey.

Egg prices should be going down soon, report finds

Shoppers could get a break at the grocery store with cheaper eggs possibly on shelves soon.

Gas prices decrease amid market uncertainty: AAA

Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.

Surge pricing popping up in new places, impacting consumers

Ben Lau and his wife had their eyes set on Universal Studios during their Orlando trip, but then they got a look at the price.

74 million tourists visited Orlando, Florida, almost reaching pre-pandemic levels

More than 74 million visitors came to the Orlando, Florida, area last year, a benchmark just short of pre-pandemic levels, tourism officials said Thursday.

Inflation ticks up again in April, puts interest rate hikes back on the table

The Consumer Price Index (CPI), a measure of inflation, rose 4.9% year-over-year in April, a slowdown from the 5% increase in March, according to the Bureau of Labor Statistics (BLS).