Tribune will talk to Mark Hamrick, senior economic analyst and Washington bureau chief for Bankrate

confidence, which is at a decade low," Greg McBride, the chief financial analyst at Bankrate, said

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After a three-year pause put in place during the pandemic, federal student loans will start accruing interest again on Sept.... Borrowers who left school in 2020 or later also will need to prepare for their first-ever student loan payments.... But not paying your bill on time or at all can have severe consequences, including denting your credit score and excluding you from future federal aid. Student loan repayment is not a one-size-fits-all proposition....

Mortgage rates in the U.S. surged, reaching 5% for the first time in more than a decade. The average for a 30-year loan jumped from 4.72% last week, Freddie Mac said in a statement Thursday.... The last time rates hit 5% was in February 2011. Borrowing costs have been soaring since the start of the year, tracking the jump in yields for the 10-year Treasury.... While some people are putting off their searches after getting priced out, the supply of listings is so tight that bidding wars remain

Sodas on shelves at a Vons grocery store in Pasadena, California, June 10, 2020.... The prices of fresh fruits and vegetables climbed just 1.1% in June compared to a year prior." In the perimeter of stores, we're seeing food prices abating," Ortega said, highlighting the presence of fresh food in that area.... " In the center of the store, that's where we're seeing food-price inflation persist." Underwear and jewelry Price hikes also remain sky high for some apparel goods....

WSJ: The number of people filing new claims for unemployment benefits remained near pandemic lows last week as employers continued to hold on to their workers in a tight labor market. Initial jobless claims, a proxy for layoffs, totaled a seasonally adjusted 222, 000 for the week that ended Nov.... 27, following the prior week’s report showing the lowest number of new claims in 52 years. Seasonal adjustments contributed to last week’s low number, with the sharp decline likely overstating the am

NEW YORK: Bank of America( BofA) Corp and Wells Fargo Co are ditching non-sufficient funds fees and easing off on overdraft charges, in measures analysts said may heap pressure on other lenders to follow suit amid heightened scrutiny on the penalties. Both banks will eliminate charges for non-sufficient funds in customer accounts, they announced on Tuesday. BofA will also reduce overdraft fees to US$ 10( RM41.82) from US$ 35( RM146.39) beginning in May while Wells Fargo will give customers a 24-

NEW YORK: Stubbornly hot U.S. inflation is fueling bets that the Federal Reserve will get more aggressive about trying to cool price pressures and even potentially ditch its own forward guidance by delivering a jumbo-sized interest rate hike in coming months. Fed policymakers had already all but promised half-point interest rate hikes at their meeting next week and again in late July, following May's half-point hike and the start of balance sheet reductions this month.... That would be more pol