Social Security payments will get cut $325 a month starting in 2033 without changes: actuaries
The head actuaries for Social Security and Medicare testified before a House panel about the two safety net programs' looming financial woes that could see key trust funds depleted in roughly a decade, which would leave beneficiaries facing a benefit cut if the funding gap isn't resolved by Congress.
The head actuaries for Social Security and Medicare testified before a House panel about the two safety net programs' looming financial woes that could see key trust funds depleted in roughly a decade, which would leave beneficiaries facing a benefit cut if the funding gap isn't resolved by Congress.
50 percent of Americans saving for college don't know about a 529 savings plan: survey
Despite the many advantages 529 savings plans provide, many Americans are not using them as part of the education saving strategy, a recent Edward Jones survey said.
Despite the many advantages 529 savings plans provide, many Americans are not using them as part of the education saving strategy, a recent Edward Jones survey said.
Buy now, pay later products to be treated like credit cards, CFPB says
BNPL lenders must now follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, the CFPB said.
BNPL lenders must now follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, the CFPB said.
Fed holds interest rates steady, projects just one cut this year
The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers.
The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers.
Here's who's hiring teens this summer – and which jobs pay the most
Young workers account for about a third of all new hires each June. Here's which jobs hire the most teens – and which ones pay the most.
Young workers account for about a third of all new hires each June. Here's which jobs hire the most teens – and which ones pay the most.
Raising a child is getting more expensive, especially in these 5 states
Raising a child is more pricey now than it was several years ago, but the issue is particularly glaring in these areas in the U.S.
Raising a child is more pricey now than it was several years ago, but the issue is particularly glaring in these areas in the U.S.
More than a quarter of Americans admit to skipping meals due to skyrocketing grocery costs: Report
26% of respondents claimed they purchased unhealthy foods for themselves or their families because of inflation.
26% of respondents claimed they purchased unhealthy foods for themselves or their families because of inflation.
Soaring insurance rates drive auto insurance shopping rates higher: report
Shopping rates for new auto insurers climbed in January and February 2024, rebounding from a dip in the previous quarter.
Shopping rates for new auto insurers climbed in January and February 2024, rebounding from a dip in the previous quarter.
Gas prices to keep dropping as motorists plan Fourth of July road trips: AAA
The national average cost for a gallon of gas was $3.48, a significant eight-cent dip from the previous week.
The national average cost for a gallon of gas was $3.48, a significant eight-cent dip from the previous week.
Nearly two-thirds of middle-class Americans say they're 'struggling financially': poll
A majority of middle-class Americans are “struggling financially” and expect that to continue for the rest of their lives, according to a new poll.
A majority of middle-class Americans are “struggling financially” and expect that to continue for the rest of their lives, according to a new poll.
Here's who gets tipped the most and least, survey says
Here’s a look at who is getting tipped the most and least in 2024, based on a new survey about the tipping habits among adults in the U.S.
Here’s a look at who is getting tipped the most and least in 2024, based on a new survey about the tipping habits among adults in the U.S.
22% of retirement-age Americans are still working; these states have the most
Despite the number of Americans who are 65 and older decreasing from 2022 to 2024, it’s still double what it used to be almost 40 years ago.
Despite the number of Americans who are 65 and older decreasing from 2022 to 2024, it’s still double what it used to be almost 40 years ago.
Unemployment increased just slightly despite the US adding 272,000 jobs
Over 270,000 jobs were added in May, yet the unemployment rate still rose, fueling economic concerns.
Over 270,000 jobs were added in May, yet the unemployment rate still rose, fueling economic concerns.
Has tipping gone too far? 1 in 3 Americans think so
A new survey shows that many Americans have a negative view about tipping culture. Here’s a look where consumers are tipping at in 2024.
A new survey shows that many Americans have a negative view about tipping culture. Here’s a look where consumers are tipping at in 2024.
AZ lawmaker wants to put Trump on $500 bill
House Republican Paul Gosar says putting former President Donald Trump's face on the $500 bill would improve the economy and empower Americans by letting them avoid digital banking. Gosar also says the bill would be a collector's item, generating revenue for the government through demand.
House Republican Paul Gosar says putting former President Donald Trump's face on the $500 bill would improve the economy and empower Americans by letting them avoid digital banking. Gosar also says the bill would be a collector's item, generating revenue for the government through demand.
Here's what annoys people most about tipping, according to new survey
Tipping in the U.S. has become somewhat of a hot-button issue, according to a new survey. And one practice in particular annoys customers the most.
Tipping in the U.S. has become somewhat of a hot-button issue, according to a new survey. And one practice in particular annoys customers the most.
Borrowers urged to apply for Navient's private student loan forgiveness
The Project on Predatory Student Lending (PPSL) launched a campaign to raise awareness of Navient's discharge program for certain borrowers seeking relief because their school lied to them.
The Project on Predatory Student Lending (PPSL) launched a campaign to raise awareness of Navient's discharge program for certain borrowers seeking relief because their school lied to them.
King Charles banknotes roll out across UK for 1st time
The first U.K. banknotes featuring the portrait of King Charles III have now entered circulation.
The first U.K. banknotes featuring the portrait of King Charles III have now entered circulation.
States with highest, lowest personal incomes in 2024, according to WalletHub
The personal finance website WalletHub has released its list of states where people have the highest income in 2024.
The personal finance website WalletHub has released its list of states where people have the highest income in 2024.
Walmart weighted groceries settlement: Deadline to submit claim is today
Walmart shoppers could get money as part of a class-action lawsuit settlement over certain sold-by-weight food items and bagged citrus fruits. The deadline to submit a claim is this week.
Walmart shoppers could get money as part of a class-action lawsuit settlement over certain sold-by-weight food items and bagged citrus fruits. The deadline to submit a claim is this week.