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News Articles: Your Money

Customers at SolDias ice cream shops in Texas are encouraged to pay with cash instead of credit cards. Owner Victor Garcia is backing a legislative effort that aims to lower credit card processing fees through increased competition.

Tagged as: 

  • Economy

Why many business owners would love it if you stopped using your credit card

The fees merchants pay for accepting credit cards are much higher in the U.S. than in Europe. Ice cream shop owner Victor Garcia, for example, paid more than $25,000 in swipe fees last year.

September 26, 2023
|
By:
  • Scott Horsley
UAW workers picket outside of the Stellantis Mopar parts facility in Naperville, Ill., on Sept. 22, 2023. The UAW strike against Big Three automakers may not have much of an impact on car shoppers, though that could change.

Tagged as: 

  • Business

How the UAW strikes could impact car shoppers

Historic as the UAW strikes may be, analysts say the actions are unlikely to impact car prices too much — for now. A new strike on parts distribution centers, however, could sting.

September 25, 2023
|
By:
  • Camila Domonoske

Tagged as: 

  • Education

Are you saving enough for college? Here's what to know

As the cost of college continues to rise, families have new questions about how to save up. For answers, we turned to Ron Lieber, author of The Price You Pay For College.

September 21, 2023
|
By:
  • Cory Turner
A car accident is cleared at an intersection without power in Charlotte, N.C., on Dec. 24, 2022. Auto insurance costs are soaring — well outpacing overall inflation.

Tagged as: 

  • Economy

4 reasons why your car insurance premium is soaring

The cost of car insurance has jumped more than 19% in the last year, far outpacing overall inflation. There are several reasons why that's happening.

September 13, 2023
|
By:
  • Scott Horsley

Tagged as: 

  • Analysis

12 things student loan borrowers should know about the return to repayment

October's coming, and we're here to help you get ready.

August 31, 2023
|
By:
  • Cory Turner

Tagged as: 

  • Your Money

What's your MBA GPA? Take our Summer School final exam to find out

These 10 exam questions stand between you and a Planet Money Summer School diploma with your name on it.

August 30, 2023
|
By:
  • GPB Newsroom
Pay-by-the-month subscriptions are increasingly popular. But research suggests people often keep paying long after they intend to.

Tagged as: 

  • Business

Yes, people often forget to cancel their monthly subscriptions — and the costs add up

From streaming TV to razor blades by mail, Americans are buying more goods and services through pay-by-the-month plans. New research shows they often keep paying long after they want to.

August 30, 2023
|
By:
  • Scott Horsley
College graduation cap and gown made of $100 bill

Tagged as: 

  • Education

Borrowers can now apply for new, income-based student loan repayment

More than 20 million borrowers are eligible under the new repayment plan, and many will see lower payments.

August 22, 2023
|
By:
  • Sequoia Carrillo and
  • Cory Turner
GPB News NPR

Tagged as: 

  • Economy

Mortgage rates are at a record high. Here's what that means for home buying

Rates for a fixed, 30-year mortgage jumped to the highest rate seen in over 20 years - over seven percent. We'll look at what this means for prospective homebuyers, and the housing market in general.

August 20, 2023
|
By:
  • Scott Simon and
  • Scott Horsley
A sign points visitors toward the financial services department at Grady Memorial Hospital, in Atlanta.

Tagged as: 

  • Health

Getting clear prices for hospital care could get easier under a proposed rule

The Biden administration wants hospitals to do more to make their prices understandable, so that consumers know in advance what a health care service will cost them.

August 10, 2023
|
By:
  • Julie Appleby
Amazon laid off workers at its brick-and-mortar grocery stores last week — the latest sign of the e-commerce giant's struggles to stand out in the competitive grocery landscape.

Tagged as: 

  • Business

Amazon may have met its match in the grocery aisles

Amazon laid off workers at its brick-and-mortar grocery stores last week — the latest sign of the e-commerce giant's struggles to stand out in the competitive grocery landscape.

August 02, 2023
|
By:
  • Danielle Kaye
Hidden fees or "junk fees" are on the rise, as companies work to bring in more money while keeping prices looking low. U.S. consumers pay more than $65 billion in fees each year.

Tagged as: 

  • Your Money

What my $30 hamburger reveals about fees and how companies use them to jack up prices

New fees are being tacked onto hotel bills, airfare, restaurant checks and pretty much everywhere else. It's another form of inflation and it's costing consumers $65 billion a year.

July 27, 2023
|
By:
  • Stacey Vanek Smith
A row of mailboxes tagged with evacuation notices during the Oak Fire in Mariposa, Calif., in July 2022. Many residents in the area are losing their home insurance because of rising wildfire risk.

Tagged as: 

  • Climate

How climate change could cause a home insurance meltdown

It's increasingly expensive and difficult to get home insurance, as losses rise from climate-driven disasters such as wildfires and hurricanes. And the solutions aren't always politically popular.

July 24, 2023
|
By:
  • Michael Copley,
  • Rebecca Hersher,
  • and 1 more
The median home price has risen to $413,800, the second highest price ever, according to data released Thursday by the National Association of Realtors.

Tagged as: 

  • Business

Inflation may be cooling, but the housing market is still too hot for many buyers

The median home price has risen to $413,800 – the second-highest price ever — thanks to a shortage of homes on the market and high mortgage rates. Experts say renting may be a better option.

July 20, 2023
|
By:
  • Erin Kenney
Some major rental search sites will show extra monthly "junk fees" that can surprise consumers and make a place less affordable.

Tagged as: 

  • National

Shocked by those extra monthly apartment fees? 3 big rental sites plan to reveal them

Surprise charges for things like paying rent online or removing trash can add up and make an apartment less affordable. Advocates warn they can also put renters at risk for debt or even eviction.

July 19, 2023
|
By:
  • Jennifer Ludden
  • Load More

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