Social Security check may be bigger next year. Here's why
Social Security COLA estimate rises amid stubborn inflation.
Social Security COLA estimate rises amid stubborn inflation.
House down payments: Highest and lowest averages by city
The average down payment when buying a home in the U.S. is about $56,000 which is 24% more than a year ago.
The average down payment when buying a home in the U.S. is about $56,000 which is 24% more than a year ago.
Most common hidden ‘junk fees’ and how much they cost you
Junk fees increase the total cost of many goods and services including concert tickets, hotel rooms, gym memberships and utility bills.
Junk fees increase the total cost of many goods and services including concert tickets, hotel rooms, gym memberships and utility bills.
April inflation breakdown: Where are prices still rising the fastest?
Prices in several categories kept inflation uncomfortably high in April.
Prices in several categories kept inflation uncomfortably high in April.
New vehicles are becoming more affordable as vehicle loan interest rates decline
New vehicle prices are dropping, but auto insurance rates are continuing to rise across the country.
New vehicle prices are dropping, but auto insurance rates are continuing to rise across the country.
Most baby boomers heading toward retirement have little saved: study
Baby Boomers in their 60s have little saved for retirement while many Gen Xers have nothing saved.
Baby Boomers in their 60s have little saved for retirement while many Gen Xers have nothing saved.
What is ‘ghost debt’? Buy now, pay later plans more popular than ever
A new form of debt looping a lot of Americans is being referred to as “ghost debt” or “phantom debt” – stemming from the popular buy now, pay later apps.
A new form of debt looping a lot of Americans is being referred to as “ghost debt” or “phantom debt” – stemming from the popular buy now, pay later apps.
US regulators investigate credit card rewards 'bait and switch' schemes
U.S. authorities have already taken action against American Express and Bank of America in a "bait and switch" credit card rewards investigation.
U.S. authorities have already taken action against American Express and Bank of America in a "bait and switch" credit card rewards investigation.
More Americans to qualify for Social Security under new SNAP rule
The Social Security Administration has expanded the definition of a public assistance household to include SNAP recipients, broadening eligibility and potentially increasing benefits for more Americans.
The Social Security Administration has expanded the definition of a public assistance household to include SNAP recipients, broadening eligibility and potentially increasing benefits for more Americans.
Social Security fund gains extra year of solvency – benefits will begin to be reduced in 2035
Social Security trust funds will not run out of money until 2035, at which point Seniors can expect their benefits to be reduced by 17% unless Congress takes steps to shore up the program.
Social Security trust funds will not run out of money until 2035, at which point Seniors can expect their benefits to be reduced by 17% unless Congress takes steps to shore up the program.
Tax refunds left unclaimed from 2020 will expire later this month
The IRS says about a billion dollars in unclaimed tax refunds from 2020 will expire later this month.
The IRS says about a billion dollars in unclaimed tax refunds from 2020 will expire later this month.
Mortgage rates push higher with no relief in sight: Freddie Mac
The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.
The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.
More homebuyers are paying discount points as interest rates continue to rise
Borrowers with lower credit scores and FHA loans often turn to discount points more frequently than other groups.
Borrowers with lower credit scores and FHA loans often turn to discount points more frequently than other groups.
The unemployment rate barely rose, but only 175,000 jobs were added in April
The unemployment rate barely budged, rising to 3.9% while just 175,000 jobs were added.
The unemployment rate barely budged, rising to 3.9% while just 175,000 jobs were added.
Americans paid slightly more for fuel this week as gas prices rose by a few cents, on average
Fuel costs didn't go up by much this week due to low oil prices and a lull in demand.
Fuel costs didn't go up by much this week due to low oil prices and a lull in demand.
Art Institutes borrowers to get student debt cancellation, Biden says
The president and Education Secretary Miguel Cardona described the Art Institutes as "predatory" and said the new handouts would help students who were victims of their actions.
The president and Education Secretary Miguel Cardona described the Art Institutes as "predatory" and said the new handouts would help students who were victims of their actions.
What do higher-for-longer interest rates mean for your money?
Americans will be forced to adapt to a new normal where savers benefit from higher rates, but borrowers face steeper debt payments on everything from credit cards to mortgages to student loans.
Americans will be forced to adapt to a new normal where savers benefit from higher rates, but borrowers face steeper debt payments on everything from credit cards to mortgages to student loans.
Biden's new student loan forgiveness plan would cost an extra $84 billion: report
Biden has proposed a plan B student loan forgiveness proposal that would cost taxpayers an extra $84 billion, a recent Penn Wharton analysis said.
Biden has proposed a plan B student loan forgiveness proposal that would cost taxpayers an extra $84 billion, a recent Penn Wharton analysis said.
Many Americans spend more than 30 percent of their take-home pay on a mortgage: survey
Homebuyers ready to take the plunge in today's housing market have had to sink a bigger portion of their paychecks into mortgage payments and make significant cuts to everyday spending, a recent survey said.
Homebuyers ready to take the plunge in today's housing market have had to sink a bigger portion of their paychecks into mortgage payments and make significant cuts to everyday spending, a recent survey said.
How much money it takes to be 'rich' in America for 2024
A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.
A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.