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News Articles: Your Money

Dylan Schenker got his first barista job about a decade ago. He says, "At first it was just a job," but he then got passionate about it. But increasingly he's becoming dependent on tips and says people have a fundamental misunderstanding about tipping.

Tagged as: 

  • Your Money

Got tipping rage? This barista reveals what it's like to be behind the tip screen

The rise in tipping has many customers fuming, but one worker who depends on tips says most customers misunderstand what they are — and shares what it feels like when people don't tip.

July 18, 2023
|
By:
  • Stacey Vanek Smith

Tagged as: 

  • Education

Student loan forgiveness is on the way for more than 800,000 borrowers

The loan forgiveness comes after past mishandling of income-driven repayment plans, which were designed for low-income borrowers. The move will erase $39 billion in federal student loan debt.

July 14, 2023
|
By:
  • Cory Turner
Graduates attend Tennessee State University's commencement ceremony in Nashville on May 7, 2022. Under a new repayment plan, millions of student loan borrowers will see their monthly repayment amounts cut in half or more.

Tagged as: 

  • Education

You could still be eligible for student loan forgiveness under this plan

The Supreme Court may have struck down a sweeping plan for student loan debt forgiveness, but under President Biden's new income-driven repayment plan, SAVE, borrowers stand to pay thousands less.

July 14, 2023
|
By:
  • Cory Turner and
  • Emily Olson
A TitleMax store in Douglas, Georgia. Credit:Nicole Craine for ProPublica

Tagged as: 

  • Your Money

TitleMax demands high-interest payments from borrowers in bankruptcy

In Georgia, borrowers looking to alleviate debt through Chapter 13 bankruptcy can’t escape their high-interest title pawns thanks to a legal loophole that TitleMax helped secure.

 

 

July 14, 2023
|
By:
  • ProPublica
A person pumps gas at a BP gas station in Brooklyn, N.Y., on June 12. Annual inflation eased to 3% in June, the lowest in over two years, and there's hope that it could go lower.

Tagged as: 

  • Economy

Why inflation is losing its punch — and why things could get even better

Annual inflation fell to 3% in June, the lowest since March 2021. That probably won't stop the Federal Reserve from raising rates again, but this month's expected hike could be the last.

July 13, 2023
|
By:
  • Scott Horsley
Many back-to-school shoppers are relying on sales to save money, especially as inflation continues to strain people's wallets.

Tagged as: 

  • Business

It's back-to-school shopping time, and everyone wants a bargain

Spending on back-to-school supplies is predicted to decline this year, for the first time since 2014. With inflation top of mind, parents and teachers are looking for ways to save money.

July 12, 2023
|
By:
  • Erin Kenney
Amazon's Prime Day sale will run from July 11 to 12, and the retailer has promised to offer its lowest prices so far this year.

Tagged as: 

  • Your Money

Are Amazon Prime Day deals worth it? 5 things to know

Amazon's annual two-day sale for Prime members is here. Not all deals are as good as they seem, however. It pays to do some research to ensure you're getting the best price.

July 11, 2023
|
By:
  • Erin Kenney
Tipping machines have replaced tip jars in many places as more people pay electronically.

Tagged as: 

  • Your Money

To tip or not to tip? 3 reasons why tipping has gotten so out of control

The pandemic, technology and the economy have combined to create the perfect storm for "tip-flation" — but we might be at a tipping point.

July 05, 2023
|
By:
  • Stacey Vanek Smith
Meat prices have risen 13% since 2021. Prices are still going up, even though not at eye-popping rates any more.

Tagged as: 

  • Business

As meat prices hover near record highs, here are 3 ways to save on a July 4 cookout

If you're planning to throw some meat on the grill this July 4th holiday, here are some ways to save money in the process.

July 03, 2023
|
By:
  • Erin Kenney

Tagged as: 

  • Education

What the Supreme Court's rejection of student loan relief means for borrowers

The court has struck down President Biden's plan to discharge federal student loan debt for tens of millions of Americans. Here are five takeaways for borrowers and the country.

June 30, 2023
|
By:
  • Cory Turner
The Supreme Court in Washington, D.C., on Tuesday, June 27 as the term heads into what's expected to be the final week.

Tagged as: 

  • Law

Supreme Court kills Biden's student debt plan in a setback for millions of borrowers

The court unanimously dismissed on standing grounds a challenge to President Biden's groundbreaking plan to forgive some or all federal student loan debt for tens of millions of Americans.

June 30, 2023
|
By:
  • Nina Totenberg and
  • Meghanlata Gupta
A woman walks past a personal finance loan office in October 2020 in Franklin, Tenn.

Tagged as: 

  • National

Over $200 billion in pandemic business loans appear to be fraudulent, a watchdog says

The Office of Inspector General of the Small Business Administration has released a "landscape of fraud" report highlighting why 17% of PPP and other loans appear bogus.

June 27, 2023
|
By:
  • Martin Kaste
Naum Lantsman in his Los Angeles home. He fell victim to a cryptocurrency scam and ended up losing his entire life savings.

Tagged as: 

  • Your Money

He lost $340,000 to a crypto scam. Such cases are on the rise

He thought he was investing in cryptocurrency. In fact, he was being swindled out of his life savings. There has been a 900% increase in such cases since the pandemic began, federal regulators say.

June 26, 2023
|
By:
  • Bobby Allyn

Tagged as: 

  • Your Money

Has inflation changed how you shop and spend? We want to hear from you

NPR wants to know whether rising prices have led you to shop differently for groceries, travel or entertainment; use "buy now pay later" services; or dip into savings to cover your debts.

June 15, 2023
|
By:
  • GPB Newsroom
Sharon Gwinn holds a picture of her husband, who had Lewy body dementia toward the end of his life. Reckless financial behavior was one of the first signs of the disease. "It's what attacked his brain first," Gwinn says.

Tagged as: 

  • Health

A loved one's dementia will break your heart. Don't let it wreck your finances

Families can get blindsided by risky behavior with money, sometimes even before a diagnosis. Having tough conversations and setting up guardrails in advance can help prevent disaster.

June 14, 2023
|
By:
  • Sarah Boden
  • Load More

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