In Debt Weekly

Hiya Images/Corbis/Getty Images Key takeaways A checking account is for managing your day-to-day finances, such as paying bills, making debit card transactions and writing checks. A savings account is for storing funds for emergencies or short-term goals, and the money typically earns a modest amount of interest. An effective money…

Verizon is teaming up with ForgiveCo to clear $10 million in consumer debt for more than 6,500 North Carolinians impacted by Hurricane Helene. The communications company said the debt relief campaign is aimed at assisting with the ongoing recovery following the September 2024 storm.ForgiveCo’s “random acts of kindness” purchased the…

Annual inflation increased to 3% in January, rising above expectations and giving the Federal Reserve further reason to slow down interest rate cuts. Inflation increased 0.5% monthly, slightly exceeding expectations and above the previous month’s increase of 0.4%, according to the Consumer Price Index (CPI) released by the Bureau of…

The Internal Revenue Service has doled out millions of tax refunds amid the ongoing 2025 tax filing season.  More than 8 million tax refunds have gone out during the 2025 season as of Feb. 7 and, according to the IRS, those refunds have averaged $2,065 each. When taxpayers receive their refunds,…