The torrid pace of inflation shows no sign of relenting and is now hitting hard at home — as soaring food and rent costs take a bigger bite out of family budgets. Created at: October 15, 2022 at 12:47PM
Soaring food and rent costs hit home for families
Due to inflation, Social Security recipients will get a cost-of-living adjustment
Inflation remained high last month, with consumer prices rising 8.2% in September from a year earlier. To keep pace with inflation, Social Security recipients will get a cost-of-living adjustment. Created at: October 13, 2022 at 09:54PM
Virtually all PPP loans have been forgiven with limited scrutiny
Officials promised a robust review process before forgiving PPP loans, but most loans could be forgiven with a simple, one-page form. Meanwhile, just 2% of loans have gotten close, hands-on reviews. Created at: October 12, 2022 at 09:48PM
With mortgage rates near 7%, the housing party is over. Now it’s hangover time
Higher rates are dashing the dreams of some would-be homebuyers while others stretch to buy but spend close to $1,000 a month more in monthly payments for a typical house. Created at: October 12, 2022 at 06:13PM
The mental health crisis and shortage of providers is creating big debt for Americans
The mental health crisis and the shortage of providers to treat them is creating a parallel problem for families: debt. But how much Americans are having to pay for this care is hidden in the shadows. Created at: October 10, 2022 at 09:19PM
The word ‘recession’ is coming up more frequently. But there can be silver linings
NPR’s Michel Martin speaks with Michelle Singletary, personal finance columnist for The Washington Post, about why a recession doesn’t have to be so scary. Created at: October 9, 2022 at 10:19PM
Why that foul baseball you caught might cost you more money in taxes
NPR’s Juana Summers talks with Bloomberg correspondent Michael Bologna about the increasing number of fans catching record-breaking baseballs and the taxes that come with catching a piece of history. Created at: October 6, 2022 at 09:35PM
Medical debt ruined her credit. ‘It’s like you’re being punished for being sick’
New policies to keep medical bills from sinking credit ratings sound good but will likely fall short for many hit hardest by debt — especially Black Americans in the South, such as Penelope Wingard. Created at: October 6, 2022 at 10:00AM
Florida’s insurance market was already on the edge — then Hurricane Ian hit
NPR’s Mary Louise Kelly talks with Mark Friedlander of the Insurance Information Institute about the economic cost of Hurricane Ian and what challenges Florida residents might face as they rebuild. Created at: October 4, 2022 at 09:11PM
A look inside the legal battle to stop Biden’s student loan relief
The legal cases all face the same challenge: finding a plaintiff who will be clearly harmed by debt cancellation. Created at: September 30, 2022 at 10:13AM