Consumers are piling on credit card debt, flashing signs of potential crisis

As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.

Is tipping getting out of control? Most consumers say yes

As more businesses adopt digital payment methods, consumers are prompted to leave a tip at places they typically wouldn’t. Some feel it has become more frustrating as the price of items has risen because of inflation.

Major Social Security trust funds could be tapped out by 2033: CBO

Social Security spending is trending upward as the proportion of Americans at or above retirement age has increased relative to the active workforce.

Gold and silver boom predicted as US hits debt ceiling, dollar devalues

Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.

Most Americans don't know their life expectancy; that's a problem in retirement planning

A critical part of saving for retirement is figuring out how long the money needs to last. But most Americans do not know their life expectancy – and that worries researchers.

Mortgage rates drop to the lowest level since September: Freddie Mac

The average rate for a 30-year fixed-rate mortgage fell to 6.15% for the week ending Jan. 19, according to Freddie Mac's Primary Mortgage Market Survey.

Google cutting 12,000 jobs as tech industry layoffs widen

Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.

US debt limit: US Treasury buys time for Biden and House GOP on deal

The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.

Secure 2.0 Act: Required minimum distribution age increases for IRAs

The required minimum distribution age (RMD) has increased from 72 to 73, meaning Americans can leave their investments in longer before needing to make withdrawals. Here’s what you need to know.

Gas prices rise in tandem with oil even as demand drops: AAA

The national average cost for a gallon of gas rose to $3.32, four cents more than last week and 17 cents more than a month ago.

Party City files for bankruptcy protection amid rising prices

Party City is filing for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending.

IRS ends COVID-19 tax credits: Here's what you need to know before filing in 2023

Among the several pandemic tax credits returning to 2019 levels is the Child Tax Credit. Filers will get $1,600 less in credit for 2022 for each qualifying child under age 17.