Money


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Duke Energy Carolinas Wants to Raise Customers’ Bills by 17%

If the company's request is approved by the state Utilities Commission, the typical residential customer’s monthly bill would increase from $115.01 to a little over $134.11.

US President Joe Biden announces student loan relief with Education Secretary Miguel Cardona (R) on August 24, 2022 in the Roosevelt Room of the White House in Washington, DC. - Biden announced that most US university graduates still trying to pay off student loans will get $10,000 of relief to address a decades-old headache of massive educational debt across the country. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)
Biden’s New Student Loan Repayment Plan Would Help Millions of Working and Middle-Class Americans 

Under the new plan, borrowers who earn less than roughly $30,600 a year would owe $0 a month on their federal student loans, effectively pausing them. A borrower who’s in a family of four and makes less than roughly $62,400 would also see their payments paused.

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3 Ways to Save Money on Your 2023 Taxes

New tax brackets, standard deductions, and tax credits are now in effect, meaning more North Carolinians can save more money on their taxes this year. 

US President Joe Biden announces student loan relief with Education Secretary Miguel Cardona (R) on August 24, 2022 in the Roosevelt Room of the White House in Washington, DC. - Biden announced that most US university graduates still trying to pay off student loans will get $10,000 of relief to address a decades-old headache of massive educational debt across the country. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)
Biden Administration Makes It Easier to Discharge Student Loan Debt Through Bankruptcy

Prior to this move, student loan debt—unlike credit card bills, medical bills, and most other forms of debt—was not eligible to be automatically wiped away when a person filed for bankruptcy.

WASHINGTON, DC - AUGUST 25: Student loan borrowers stage a rally in front of The White House to celebrate President Biden cancelling student debt and to begin the fight to cancel any remaining debt on August 25, 2022 in Washington, DC. (Photo by Paul Morigi/Getty Images for We the 45m)
Here’s Where the Biden Administration’s Student Loan Relief Plan Stands

In the past week, two separate courts controlled by conservative judges have ruled against the Biden administration’s plan to cancel tens of thousands of dollars in federal student loan debt.

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‘They Are Not a Priority’: Republicans’ Proposed Spending Plan Gets Early Criticism

As the NC General Assembly’s Republican House and Senate leaders announced their proposed budget Tuesday, state employees and others are shaking their heads.

Who wants to pay $5 a gallon when you can pull out your old skates? Photo by GraphicPhotoArt / Shutterstock
7 Easy Tips to Save Money on Gas This Summer

Check out these mostly legitimate and helpful tips to save money on gas and still enjoy your summer.