Mortgage rates soar as Federal Reserve raises rates

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moodboard/Getty Images (NEW YORK) — This week, mortgage rates in the United States reached a 16-year high in response to rising interest rates. Back in September, President Joe Biden told a reporter that the “pandemic is over.”

Social Security benefits to increase 8.7% in 2023

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Tetra Images/Getty Images (WASHINGTON) — Social Security and Supplemental Security Income benefits for approximately 70 million Americans will increase 8.7% in 2023 as Americans deal with the highest inflation rates in decades. The 8.7% cost-of-living adjustment will

Jackson man wins Lucky for Life lottery

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From the Michigan State Lottery — Beginner’s luck led to a Jackson County man winning $25,000 a year for life from the Michigan Lottery playing the Lucky For Life game. Mark Watson, 77, matched the five white

Inflation data to show if prices fell amid Fed rate hikes

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Tetra Images/Getty Images (WASHINGTON) — Consumers on Main Street and investors on Wall Street will closely watch the release of inflation data on Thursday. The latest data arrives weeks after the Federal Reserve escalated its fight against