Interest rates not changing until inflation cools, Federal Reserve says
The Federal Reserve announced its decision to maintain its key interest rate at a two-decade high of roughly 5.3% amid ongoing concerns about high inflation.
Mother's Day 2024: near-record spending of $33.5 billion expected
According to the latest annual consumer survey by the National Retail Federation (NRF), Mother's Day spending is projected to hit $33.5 billion this year.
IRS to decide on restoring free tax site amid uncertain future of program
The government pilot program rolled out this tax season allowed some taxpayers in 12 states to submit their returns directly to the IRS for free.
Why now is the best time to visit Japan, thanks to a weak yen
Here are the best things to do when visiting Japan to make your dollar stretch further as the yen drops to historic lows not seen since 1990.
81% of millennials say they can't afford a midlife crisis
Are millennials a generation in crisis? A majority said that type of crisis is a luxury they can’t afford.
Gold pocket watch recovered from Titanic’s wealthiest passenger sells for nearly $1.5M
A gold pocket watch worn by the richest passenger aboard the Titanic when the ill-fated ocean liner sank was sold at auction on Saturday for a record-breaking sum of nearly $1.5 million.
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.
Bad service, no tip: Most Americans demand quality before tipping
A recent YouGov poll reveals that as tipping becomes an expected norm in increasingly varied sectors amid rising living costs, over half of Americans now express a growing resentment towards tipping, opting to leave no tip for subpar service.
Your $1 and $2 bills could be worth thousands: What to look for
These very rare $1 and $2 bills could be worth a lot more than face value. Here's how to spot bills that are worth hanging onto.
These salaried workers are now eligible for overtime pay
The Biden administration's new rule significantly expands overtime pay eligibility to millions of salaried workers in the U.S., setting higher income thresholds and updating salary limits every three years.
'Doom spending' instead of home buying—how young people are spending their money
Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.
Here’s how much it costs to raise a child in 2024: 'Far more expensive than expected’
A new survey shows that raising kids can be costly – but just how expensive is it? Here’s what you need to know.
Nike to sign Caitlin Clark to deal as hotly contested sweepstakes comes to end: report
The Caitlin Clark shoe deal sweepstakes reportedly came to an end Sunday with Nike being the one to ink the Indiana Fever rookie to a deal over the likes of Adidas, Under Armour and Puma.
Biden announces a fresh round of $7.5 billion in student loans canceled
The latest round of cancellations targets $7.4 billion of student loans for 277,000 borrowers, the Department of Education said in a statement.
This is how much of your tax money goes to servicing US national debt
A new analysis shows that a rising amount of personal income taxes is going toward paying down interest costs on the national debt.
‘Kitchen appreciation’ fee? Restaurant diners still facing hidden surcharges
Hidden fees at restaurants have become increasingly common for diners in recent years, while restaurants grapple with higher food prices, increased labor costs and more.
High inflation is costing Americans an extra $1K a month
Americans are now facing an additional financial burden of $1,069 per month due to high inflation compared to three years ago.
Retired Americans with student loan debt risk garnishment of Social Security benefits
Democrat lawmakers want the Biden Administration to end the practice of Social Security garnishment to pay off outstanding student loan debt that impacts millions of older Americans.
H&R Block error messages plague filers on tax day
On Tax Day of all days, H&R Block announced technical issues preventing last-minute tax filers from submitting returns.
The best food deals and freebies on Tax Day 2024
Tax Day brings food deals and freebies, catering to both those celebrating refunds and those seeking solace after paying taxes.