FTC: University of Phoenix to cancel $141m in student debts as part of settlement over deceptive advertising

Officials with the Federal Trade Commission announced that University of Phoenix will cancel $141 million in debts owed to the school by students who were harmed by ads that were allegedly deceptive.

Some college graduates would give up coffee, shave head, spend week in jail to erase student loan debt, survey finds

A majority of college graduates with student loans said they would shave their head if the debt could be erased, according to a new survey, and some others said they would consider giving up coffee and even spending a week in jail.

New York regulator vows to investigate Apple Card for sex bias

A New York regulator is investigating Goldman Sachs for possible sex discrimination in the way it sets credit limits. The bank denies wrongdoing.

‘Part of the family’: Boss pays off mechanic’s mortgage, allowing the Vietnam veteran to retire

It was a bittersweet moment for the owner of an auto-body restoration shop in Texas who decided to let one of his most loyal and trusted employees retire early after paying off his $5,000 mortgage. 

Social Security says millions of retiree checks to rise modestly amid push to expand benefits

(AP) -- Millions of retirees will get a modest 1.6% cost-of-living increase from Social Security in 2020, an uptick with potential political consequences in an election year when Democrats are pushing more generous inflation protection.

Survey: Two-thirds of millennials think they’ll become wealthy in the future

Two-thirds of millennials believe that they will one day be wealthy, compared to only half of Gen Xers and only a quarter of Baby Boomers, according to a survey from MagnifyMoney by Lending Tree.

Here's how much your Social Security check is likely to increase in 2020

As lawmakers are looking for ways to expand and preserve Social Security, Americans might be in for a smaller cost of living adjustment (COLA) next year.

Chase Bank forgives all outstanding credit card debt for Canadian customers

Canadians who owed money on their credit cards with Chase Bank have a little less debt on their plate after the company recently forgave all outstanding balances as it exited the Canadian credit card market.