Inflation rises higher than expected, further obscuring the timeline on the Fed's interest rate cuts
Inflation slowed from December to January, but remained above the sub-3% growth economists had expected, according to the Consumer Price Index.
These 5 cities have the largest inflation problem: survey
Buyers are more optimistic about homebuying as average monthly mortgage payments drop to their lowest level in years.
Study: Gen Z, millennials are ‘obsessed’ with idea of being rich
The study found that nearly 60% of millennials said they feel behind financially, likely contributing to feelings of financial inadequacy.
When will the IRS send out tax refunds
The IRS says most taxpayers should expect their refund within 21 days of filing but it could take longer for some.
Got student loan debt? Here’s how to get up to $2500 tax deduction
According to the IRS, you may be able to deduct a portion of student loan interest from your taxable income — up to $2,500. Find out if you qualify.
Gen X advised to ‘stop spending’ due to largest retirement savings wealth gap of any generation
Economist argues less spending equals a 'milder’ recession.
Americans need extra $11K to afford same standard of living in 2021, Republican analysis finds
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
IRS delays $600 payment reporting rule for Venmo, Cash App and other payment apps
The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.
Report: You would need to earn six figures to afford a median-priced home in the US
The Associated Press reported that home sales continue to decline but prices continue to climb.
Child care costs are highest in these cities, data reveals
Child care costs in the United States have risen over 30% since 2019, new data by Bank of America shows.
Here's how much it costs to raise a child in your state
Data shows the average annual cost to raise a child rose nearly 20% between 2016 and 2021.
Fidelity reveals how much money you need to retire for the lifestyle 'you're hoping for'
Fidelity gives guidance to 'encourage people to save for retirement.'
Gas prices stay neutral to kick off summer, but there's a chance for a decrease in the forecast: AAA
The national average cost for a gallon stayed steady at $3.57, as demand for gas and oil prices fell, even as more than 37 million Americans drove to their holiday destinations on the holiday weekend, AAA said.
Seniors to get moderate cost of living bump in Social Security payments next year
The Social Security Administration announced 2025's cost of living adjustment (COLA) to Social Security checks.
More Americans taking 'side hustles' to make ends meet
In today's expensive world, many Americans are turning to side hustles to make ends meet. From pet-sitting to food delivery, people are taking on extra work to pay for unexpected expenses and to gain disposable income.
Most seniors say the US is suffering a retirement crisis and many are struggling to save: Survey
Eighty-nine percent of seniors said they are worried that the U.S. is in the grip of a retirement crisis and nearly half are struggling to build their savings, according to American Advisors Group's (AAG) recent survey.
Home prices forecasted to plunge, but US expected to avoid a repeat of 2008 financial crisis: Fannie Mae
Fannie Mae's latest economic forecast predicted home prices will drop by over 6% in the next two years but said the U.S. market is in good shape to weather the decline.
Inflation has cooled, but recession fears remain: First National Bank of Omaha
Inflation has been cooling in recent months, but studies have reported that it’s still a concern for many Americans. Meanwhile, some experts debate whether a recession will occur in 2023. Here’s how to pay down debt quickly in a volatile economy.
Tax Season 2023: Here's how the Inflation Reduction Act might impact your refund this year
The IRS received nearly $80 billion in funding under the Inflation Reduction Act and said it has already hired more than 5,000 new telephone assistors and added more in-person staff to help taxpayers with filing this year.
Biden administration approves more than 16 million borrowers for student loan forgiveness
Even though millions have been approved for the president’s student loan forgiveness initiative, the plan remains in legal battle and the Supreme Court is set to take it on in February. This is what you need to know about paying off student loan debt quickly.