Personal finance

Brand X Pictures | Stockbyte | Getty Images When faced with an unexpected $1,000 expense, more than one-third of Americans would borrow the money, according to a new Bankrate survey. That may include tapping their credit cards, seeking money from friends or family or taking out a personal loan. Most would not turn to cash

U.S. Treasury Secretary Janet Yellen speaks at the International Brotherhood of Electrical Workers 357 union hall in Las Vegas on Aug. 14, 2023. Ronda Churchill | Bloomberg | Getty Images With the opening of tax season only days away, the IRS has unveiled a plan to simplify the millions of complicated notices sent to taxpayers

MoMo Productions | DigitalVision | Getty Images At the end of last year, Wayfair CEO Niraj Shah had a clear message for workers heading into 2024: “Winning takes hard work.” “Working long hours, being responsive, blending work and life, is not anything to shy away from,” Shah wrote in an email to employees first obtained

In this article INTU Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images As the opening of tax season approaches, the Federal Trade Commission has cracked down on “deceptive advertising” from Intuit, maker of tax filing software TurboTax. The FTC on Monday upheld a September ruling that found Intuit violated federal

A man walks past a barbershop in Los Angeles. Robyn Beck | Afp | Getty Images Inflation in the U.S. economy is on the retreat. But the road to ultimate victory may be harder than what’s come already, some economists argue. “The so-called last mile is going to get a lot trickier,” Mohamed El-Erian, chief

People walk through the Financial District by the New York Stock Exchange (NYSE) on the last day of trading for the year on December 29, 2023 in New York City. Spencer Platt | Getty Images The S&P 500 stock index climbed to a new all-time high on Monday. A bull market — by two definitions

A caucus worker checks in voters at a caucus site at the Horizon Events Center in Clive, Iowa, on Jan. 15, 2024. Kevin Dietsch | Getty Images Former President Donald Trump won the Iowa caucus by a landslide, due in part to strong turnout by older voters. “While the turnout overall was low, 70% of

D3sign | Moment | Getty Images Federal student loan bills resumed in the fall after a pause of more than three years. Borrowers should monitor how that financial change affects their credit, experts say. Here’s what to know. On-ramp period should protect your credit Generally, failing to make timely payments on debts, including your student

GlobalStock | Getty Images When you invest toward retirement, experts often like to say you are letting your money work for you. But how much can you realistically expect to earn on your money? The annual rate of return — defined as the percentage change in an investment’s value — is an estimate of the

A customer shops for eggs in a Kroger grocery store in Houston, Texas. Brandon Bell | Getty Images News | Getty Images Egg prices are on the rise again, after having fallen from record highs hit in 2023. Average egg prices jumped by 8.9% from November to December, following a 2.2% rise the prior month,

Maskot | Maskot | Getty Images The cost to raise a child has become expensive for parents in the U.S. As tax season approaches, it’s smart to pay attention to tax breaks related to children and care expenses. Costs for child care have increased significantly due to inflation. Many child care centers also bumped their

Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023. Jonathan Ernst | Reuters House Republicans this week reintroduced legislation to permanently repeal what they’re calling the “death tax” — or federal estate tax, which is levied on inherited property above

Gen Zers are having a harder time making ends meet, let alone building wealth. Roughly 38% of Generation Z adults and millennials believe they face more difficulty feeling financially secure than their parents did at the same age, largely due to the economy, according to a recent Bankrate report. Gen Z is generally defined as those born between 1996 and

Internal Revenue Commissioner Danny Werfel speaks during his swearing in ceremony at the IRS on April 4, 2023 in Washington, DC. (Photo by Bonnie Cash/Getty Images) Bonnie Cash | Getty Images News | Getty Images As Americans prepare for the opening of tax season, lawmakers are racing to avert a government shutdown. If they fail

5M3photos | Moment | Getty Images As the start of tax season approaches, experts are warning filers about tax-related identity theft, an issue that often halts returns and delays refunds. Tax identity theft happens when criminals use your personal information to file a return in your name and claim your refund — and “it continues

US President Joe Biden speaks at Abbotts Creek Community Center during an event to promote his economic agenda in Raleigh, North Carolina, on January 18, 2024.  Saul Loeb | AFP | Getty Images The Biden administration announced on Friday that it would forgive $4.9 billion in student debt for 73,600 borrowers. The relief is a

Pixelfit | E+ | Getty Images The labor market may be cooling but there are opportunities ahead, especially for new-collar workers. So called “new-collar” jobs typically require highly skilled workers and often come with salaries in the top half of the U.S. wage scale — but they don’t require a college degree. The term was

Chris Tobin | Digitalvision | Getty Images Beginning in February, certain student loan borrowers who have spent a decade in repayment will get their federal student loan debt forgiven, the Biden administration recently announced. Most borrowers need to make payments for 20 years or 25 years on an income-driven repayment plan before their debt is

Simpleimages | Moment | Getty Images Higher interest rates were good news in 2023 for savers who were able to earn the best rates on their cash in years. Even with the possibility of looming rate cuts by the Federal Reserve, 2024 still stands to be a great year for returns on cash. “Yields are

Pixdeluxe | E+ | Getty Images The Biden administration announced last week that it would fast-track its plan to deliver student loan forgiveness for certain borrowers in its new repayment plan. However, some people may have questions about the news, which was not exactly straightforward. For example, while the relief will be automatic for many,