Can Social Security back pay be garnished or frozen over unpaid debt?

Social Security back pay generally receives the same protections as regular benefits, but there are exceptions to the rule. MargJohnsonVA/Getty Images For many Americans, a Social Security back pay deposit marks the end of a long and stressful wait. Disability claims can take months to clear, appeals can drag the timeline out further and retirement … Read more

How high-end credit card perks are hurting shoppers who pay in cash

The total credit and debit card fees paid by merchants to card processors, led by Visa and Mastercard, have increased 70% since 2019 to $198 billion in 2025, according to data from the Nilson Report. The rise has been fueled by an overall increase in consumer spending, a shrinking number of people using cash and … Read more

Utility companies want to pay you to generate power for the electrical grid

HOUSTON — Jeff and Jenny Wright haven’t paid an electric bill for their Houston home in more than a year. Instead, the couple sells their unused power back to the grid in a system that some states hope can offer a way to help meet surging demand for electricity. Subscribe to read this story ad-free … Read more

Can Buy Now, Pay Later debt impact Social Security recipients?

Buy Now, Pay Later arrangements come with risks that can impact your finances, particularly for retirees. Nora Carol Photography/Getty Images As inflation continues to skyrocket, causing the cost of everything from groceries to healthcare to grow rapidly, it’s putting significant strain on household budgets across the nation. And while most people are feeling at least … Read more

Should homeowners tap equity to pay off costly debt? Weigh these pros and cons

Using home equity to pay off high-rate debt can be a sound financial strategy, but only under the right conditions. Sakchai Vongsasiripat/Getty Images Credit card debt has become increasingly difficult to manage over the last few years, and it’s causing major issues for borrowers in today’s economic landscape. Not only are credit card interest rates … Read more

Looking for a low mortgage interest rate? Pay attention to these 3 June dates

There are multiple dates on the June calendar on which mortgage interest rates could change again. Nora Carol Photography/Getty Images Whether you’re a homebuyer or an owner looking to refinance, you probably haven’t had much luck in the mortgage interest rate climate in recent weeks. After rates gradually but consistently declined in 2025, the reverse … Read more

CEOs for S&P 500 companies had 6% pay increase in 2025, AP survey finds

New data shows the median compensation for CEOs of S&P 500 companies grew almost 6% in 2025, reaching $17.7 million. This uptick marks the smallest annual growth rate since 2022, when the median pay grew just about 1%. The figures come from the Associated Press’ CEO compensation survey. Ken Sweet, a banking reporter for the … Read more

Trump owns the GOP. Could Republicans pay the price in the midterms?

NEWYou can now listen to Fox News articles! President Donald Trump took to social media on Wednesday morning to showcase the power of his political endorsements, touting that the candidates he backed went 37-0 in Tuesday’s GOP primaries from coast to coast. “We won all races last night. Every one of them,” Trump told reporters. … Read more

Jeff Bezos says bottom half of U.S. earners should pay no federal income tax

Amazon founder Jeff Bezos told CNBC on Wednesday that the bottom half of U.S. earners should pay no federal income tax, arguing that eliminating those taxes could ease financial strain and encourage entrepreneurship. The bottom half of U.S. taxpayers currently pays about 3% of federal income taxes, a share Bezos said should fall to “zero.” Bezos, … Read more

Unions that paralyzed New York commute over pay spent millions on luxury travel, filings show

NY gubernatorial candidate calls out Hochul over LIRR strike fallout New York gubernatorial candidate Bruce Blakeman criticizes Gov. Kathy Hochul’s handling of the Long Island Rail Road (LIRR) strike, accusing her of poor leadership. Blakeman points to the state’s financial woes and the potential $60 million daily cost of the strike, impacting hundreds of thousands … Read more