American homeowners are sitting on a significant sum of equity. In fact, the average homeowner has about $298,000 in equity, according to the data firm CoreLogic. That equity can be turned into cash using tools like home equity loans or HELOCs and used to renovate your home, pay off debts, or achieve other financial goals. Some homeowners even use these …

If you’re trying to pay off high-interest credit card debt, the process can feel like an endless cycle of stress and mounting interest charges. And, that’s especially true right now. The Fed rate hikes that occurred over the last couple of years have caused credit card interest rates to climb, so if you’re carrying a balance from month to month, …

There was growing optimism Monday around talks of a possible new cease-fire in the Gaza Strip, with both Israel and Hamas returning to the table to discuss a truce that would see more Israeli hostages released in exchange for the release of Palestinian prisoners. CBS News chief foreign affairs correspondent Margaret Brennan said the Biden administration is hoping to leverage …