
Why Is There Such An Interest In Interest Rates?
When you borrow money, you generally have to pay back the original amount you borrowed, plus a certain percentage of what you borrowed.
| Maya Saenz and Kellan Howell
When you borrow money, you generally have to pay back the original amount you borrowed, plus a certain percentage of what you borrowed.
| Maya Saenz and Kellan Howell
It's not just at the pump. You may be spending more money in getting your car repaired, as Newsy's national correspondent Cat Sandoval reports.
According to the Consumer Financial Protection Bureau, a credit score is a tool to predict how likely you are to pay back a loan on time.
| Meg Hilling and Simon Kaufman
Car buyers are dealing with high interest rates as car makers continue to face supply chain issues.
Lower-income, Black and Hispanic Americans struggle most because, on average, a larger proportion of their income is consumed by necessities.
| AP and Scripps News Staff
Extreme heat combined with drought and war effects are driving electricity costs this summer.
Eating out was one luxury in the crosshairs, as well as attending experiences like concerts and sports. But some are cutting essentials too.
The latest government inflation numbers showed the year-over-year cost of fruits and vegetables was up 7.8% in April.
According to the National Association of Realtors, the median home price in April jumped to more than $391,000 — an all-time high.
Costs in the overall pet category saw a 7.5% increase compared to March of 2021.
As the war Russia is waging on Ukraine continues and demand for gas continues to grow, experts are not expecting relief at the pump any time soon.
| AP and Scripps News Staff
The nationwide average is 5 cents below the highest price in history — $4.43, set on March 11.
| AP
Industry reports show these days, price-sensitive shoppers are buying less fresh meat and more frozen and canned foods for dinner.
Ticket prices have risen, and fans are spending more money than ever at leisure events.
Flanigan says the mindset of having to deal with high prices is a common misconception.
There aren't many alternatives to sky-high rents, as homeownership continues to be out of reach for the average American.
Recent inflation data suggests beneficiaries could see a raise of up to 8.9%.
High prices may cause some to pull back on purchases, but for others it can mean catastrophe.
With gas, groceries and many other necessities costing consumers more, some states are considering using leftover federal funds to help.
| AP
The term "hypermiling" was coined in 2004 to describe ways to maximize fuel efficiency.
The Federal Reserve is expected to raise interest rates this week to address rising inflation.
With experts predicting gas prices will continue to soar, here are some ways you can make the most out of your money at the pump.
President Biden is expected to sign an executive order on cryptocurrency regulation this week.
| Stephen Graddick IV and Alex Livingston and Scripps News Staff
In the past year, inflation reached the highest rate in four decades. People on fixed incomes, like retirees, are especially feeling it.
One study found that more than half of U.S. adults who got COVID or lost income during the pandemic struggle with medical debt.
Millennials make up the largest market of home buyers, but they have much harder circumstances in getting there than other generations have had.
We break down what it costs to care for a child in the U.S., and how the country stacks up to others.
| Scripps News Staff and Amber Strong and Emily Grossberg
GasBuddy, Gas Guru and Waze are a few mobile apps that tell motorists where to find the lowest prices.
One rabbi and his temple raised more than $50,000 to relieve roughly $5 million in medical debt in the community.
The Federal Emergency Management Agency is changing flood risks based on climate change, which could lead to higher premiums.
| AP