STACY COWLEY

After a pandemic freeze, 22 million people received their first bill in years in October — and around 60 percent paid, the government said.

The Biden administration may have been blocked from canceling debt for tens of millions of borrowers by the Supreme Court, but it has still managed...

Rohit Chopra, who leads the Consumer Financial Protection Bureau, says he is simply enforcing the law. Bankers call him reckless — a “regulator gone rogue.”

The report estimates that the plan will slash borrowers’ payments and cost more than President Biden’s recently rejected debt cancellation plan.

One-time credits will wipe out loans, fixing mistakes made by loan servicers when collecting payments under income-driven repayment programs.

The U.S. economy “continues to perform better than many had expected,” said Charlie Scharf, the bank’s chief executive, but “there will likely be continued economic...

The bank’s rivals appear on firmer footing this time, in contrast with the widespread panic after the failures of Silicon Valley Bank and Signature Bank...

While some executives said money wasn’t being pulled from their small and midsize banks, the “too big to fail” giants attracted business customers.

Justices will hear arguments Tuesday on President Biden’s plan to forgive an estimated $400 billion in debt. Conservative states have called it an abuse of...

Meta announced that it would begin charging $11.99 a month for a blue badge on Facebook and Instagram.