Report: Millennials have gained wealth faster than their parents did at same age
Inflation-adjusted wealth for younger Americans surged 49% since right before the COVID-19 pandemic.
Inflation-adjusted wealth for younger Americans surged 49% since right before the COVID-19 pandemic.
Where Harris, Trump stand on Social Security
Kamala Harris and Donald Trump both say they want to protect Social Security, but neither have been very specific on how they plan to fix it.
Kamala Harris and Donald Trump both say they want to protect Social Security, but neither have been very specific on how they plan to fix it.
July inflation drops below 3 percent as Fed considers September rate cut
Inflation dipped below 3% for the first time in three years, and that, combined with other economic indicators, may push the Fed to slash interest rates more than once.
Inflation dipped below 3% for the first time in three years, and that, combined with other economic indicators, may push the Fed to slash interest rates more than once.
Biden asks Supreme Court to lift block on student loan repayment plan
The Biden Administration has turned to the Supreme Court to help lift a block on the Saving on a Valuable Education (SAVE) plan.
The Biden Administration has turned to the Supreme Court to help lift a block on the Saving on a Valuable Education (SAVE) plan.
Inflation rises 2.9% in July, less than expected
Inflation fell in July to the lowest level in more than three years, a welcome sign for the Federal Reserve even as prices remained uncomfortably high for millions of Americans.
Inflation fell in July to the lowest level in more than three years, a welcome sign for the Federal Reserve even as prices remained uncomfortably high for millions of Americans.
Mortgage payments soar for prospective homeowners in swing states: Realtor.com
Buyers in swing states have seen mortgage payments practically double in the last four years due to rising home prices and mortgage rates.
Buyers in swing states have seen mortgage payments practically double in the last four years due to rising home prices and mortgage rates.
Mortgage rates drop to lowest rate in more than a year
Mortgage rates dropped to the lowest they've been in over a year after reacting to a lower-than-expected jobs report.
Mortgage rates dropped to the lowest they've been in over a year after reacting to a lower-than-expected jobs report.
Economic turbulence 'effectively assured' Fed will cut interest rates in September
The stock market was all over the place this week, with a large drop on Monday due to a weak jobs report.
The stock market was all over the place this week, with a large drop on Monday due to a weak jobs report.
Mortgage rates drop to new low as Fed grows closer to slashing interest rates: Freddie Mac
The average 30-year fixed-rate mortgage was 6.73% for the week ending Aug. 1, according to Freddie Mac's latest Primary Mortgage Market Survey.
The average 30-year fixed-rate mortgage was 6.73% for the week ending Aug. 1, according to Freddie Mac's latest Primary Mortgage Market Survey.
Despite tough times for Tesla, EV sales set new record in second quarter
Tesla's sales may have dropped, but electric vehicle sales as a whole have continued to increase.
Tesla's sales may have dropped, but electric vehicle sales as a whole have continued to increase.
Parents rely heavily on borrowing to pay for college costs: survey
Roughly 42% of families said they planned to rely on federal student loans, and 16% said they would use private loans to pay for college, according to a recent survey.
Roughly 42% of families said they planned to rely on federal student loans, and 16% said they would use private loans to pay for college, according to a recent survey.
Mortgage rates barely budged this week as more listings flood the market
Mortgage rates didn't change much this week, but more home listings are coming on the market even as buyers are backing off.
Mortgage rates didn't change much this week, but more home listings are coming on the market even as buyers are backing off.
Study: Americans must make over $1 million per year to be in the top 1% in these states
What does it take to be among the top 1% in America? The answer depends on what U.S. state you call home, according to a new study.
What does it take to be among the top 1% in America? The answer depends on what U.S. state you call home, according to a new study.
First-time homebuyers are often overwhelmed by unexpected homeownership costs: study
Younger first-time buyers often don't consider additional housing costs such as repairs, improvements and emergencies.
Younger first-time buyers often don't consider additional housing costs such as repairs, improvements and emergencies.
IRS issues warning to taxpayers
The Internal Revenue Service is issuing a warning to taxpayers about a new scam on their radar that could cost you time and money.
The Internal Revenue Service is issuing a warning to taxpayers about a new scam on their radar that could cost you time and money.
Retirees with $1 million in savings could run out of money faster in these states, study finds
Data from GoBankingRates offered better outlooks for retirees in Southeastern and Midwestern states.
Data from GoBankingRates offered better outlooks for retirees in Southeastern and Midwestern states.
Consumers find mild relief as June inflation dips by 0.1 percent
Inflation has slowed, thanks to a decrease in the gas index and the energy index.
Inflation has slowed, thanks to a decrease in the gas index and the energy index.
Leasing a car more popular, high-credit consumers choosing to lease more than 30 percent of the time
Car leases are becoming more popular as prices for cars still remains high.
Car leases are becoming more popular as prices for cars still remains high.
More than 1 in 3 US households have financial insecurity, survey says
The number of American households that are feeling the strain when it comes to paying for necessities such as food and bills, saw a 6.7% increase in 2024 compared to the same period in 2022.
The number of American households that are feeling the strain when it comes to paying for necessities such as food and bills, saw a 6.7% increase in 2024 compared to the same period in 2022.
Inflation unexpectedly fell to 3% in June
The consumer price index (CPI), a broad measure of how much everyday goods like gasoline, groceries and rent cost, dropped 0.1% in June from the previous month. It marked the first monthly decline since May 2020.
The consumer price index (CPI), a broad measure of how much everyday goods like gasoline, groceries and rent cost, dropped 0.1% in June from the previous month. It marked the first monthly decline since May 2020.