Monthly car payments hit record high of $712 in May

Alan Schein Photography/Getty Images (NEW YORK) — Average monthly car payments hit a record high in May while the cost of new vehicles continues to rise, according to industry insiders. A report from Moody’s Analytics found that

Federal Reserve expected to dramatically hike interest rate

Tetra Images/Getty Images (WASHINGTON) — The Federal Reserve is expected to raise interest rates significantly on Wednesday, escalating a strategy of increased borrowing costs that aims to dial back historic inflation. Central bankers are expected to consider

Experts eye fall deals as domestic flight prices skyrocket

Greg Bajor/Getty Images (NEW YORK) — Prices for flights this summer have skyrocketed at unprecedented rates, and some travel experts say that travelers looking for deals should start planning for fall trips. Domestic flight prices have jumped