Personal finance

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT D3sign | Moment | Getty Images The returns savers stand to get on their money are the highest they’ve been in 15 years, thanks in part to stubborn inflation, which pushed the Federal Reserve into hiking interest rates over the past year. Top-yielding online savings account rates are

The outlook for newly minted graduates doesn’t look as good as it once did. Employers plan to hire about 4% more new college graduates from this year’s class than they hired from the Class of 2022, according to a report from the National Association of Colleges and Employers. However, that’s down significantly from earlier projections:

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Sdi Productions | E+ | Getty Images As a pandemic-era policy winds down, millions of people on Medicaid may lose their coverage — even though they remain eligible, advocates say. For the last three years, due to the Families First Coronavirus Response Act, states have been

The U.S. Securities and Exchange Commission headquarters in Washington. Al Drago/Bloomberg via Getty Images Robo-advisor firm Betterment agreed on Tuesday to settle charges with the U.S. Securities and Exchange Commission for $9 million over alleged failures related to an automated tax service. The sum will be distributed among roughly 25,000 client accounts, which lost about

Students have just a few weeks to figure out which college they will attend ahead of National College Decision Day on May 1, which is the deadline many schools set. But with a record-breaking increase in applications pushing acceptance rates to all-time lows, some college-bound seniors may have a tough decision to make, or pivot to

Uwe Krejci | Digitalvision | Getty Images The number of new electric vehicles eligible for a $7,500 federal tax credit fell by almost half on Tuesday, as new rules issued by the U.S. Department of the Treasury took effect. However, consumers in the market for an electric passenger vehicle can still access a tax break

The U.S. government wastes billions of taxpayer dollars every year. Improper payments, which refer to payments that are made incorrectly by the government, cost the U.S. $247 billion in 2022, according to the Government Accountability Office. The U.S. government has lost almost $2.4 trillion in simple payment errors over the last two decades, by GAO

Daniel De La Hoz | Istock | Getty Images The Supreme Court last week declined to block a class-action lawsuit brought by student loan borrowers who say they’ve been defrauded by their schools. Now, the U.S. Department of Education will be able to continue delivering on a $6 billion loan forgiveness settlement. More than 150

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT A person walks out of the Apple Store in Annapolis, Maryland, on February 2, 2023. Jim Watson | AFP | Getty Images As the Federal Reserve continues to hike interest rates, some online banks have been jockeying to offer the highest yields on savings. Now,

Accounting firms are facing a significant staffing shortage. Between the long hours, stressful deadlines and unflattering stereotype, more people are quitting the profession then going into it. Instead, students straight out of college are choosing to pursue careers in related fields like investment banking, consulting or data analysis. The additional credit hours required to earn

Fertnig | E+ | Getty Images Negative headlines about Social Security’s future may be affecting how prepared people feel when it comes to their own retirement. Almost three-quarters, 74%, of people say they cannot count on Social Security benefits when it comes to the money they will have in retirement, according to a new survey

In this article ANET Follow your favorite stocksCREATE FREE ACCOUNT Sompong_tom | Istock | Getty Images The rise of ChatGPT has sparked another national conversation about artificial intelligence. Depending on your viewpoint, the bot is either the key to making a host of companies and their workers more efficient, or it’s a slippery slope toward

Collectively, Americans owe more on credit cards than ever before. And they’re paying a higher price for it, as well. The average annual interest rate for credit cards is now near 21%, according to data from the Federal Reserve — marking the highest rate since the Fed began tracking this figure nearly three decades ago.

Zamrznutitonovi | Istock | Getty Images New government inflation data shows inflation is cooling — and that could point to a lower cost-of-living adjustment, or COLA, for Social Security beneficiaries next year. The Consumer Price Index for all Urban Consumers, or CPI-U, rose 5% from a year ago and 0.1% in March, according to data

More women are becoming breadwinners, but the division of labor at home has barely budged, a new report found. Although men still out-earn women in most households, the share of women who earn as much as or significantly more than their husband has roughly tripled over the last half-century, according to a new Pew Research Center

Sdi Productions | E+ | Getty Images After a federal judge in Texas struck down a key provision of the Affordable Care Act last month, some health insurance plans may soon scale back their preventive care coverage, experts say. U.S. District Judge Reed O’Connor ruled in late March that one of the three panels of

When you’re living paycheck to paycheck, it can be tough to find money to save. That was the situation one audience member, Natalie, wrote in about ahead of CNBC’s Women & Wealth event on Tuesday. While grappling with high childcare and housing costs, Natalie is barely breaking even, she wrote, which makes finding money to

Miniseries | E+ | Getty Images Egg prices fell by almost 11% in March, the U.S. Bureau of Labor Statistics said Wednesday, following a 7% decline in February and delivering relief from record-high prices over the winter. The decrease is largely due to a recovery in egg production and weaker consumer demand, said Brian Moscogiuri,

Inflation, economic instability and a lack of savings have an increasing number of Americans feeling financially stressed.  Some 70% of Americans admit to being stressed about their personal finances these days and a majority — 52% — of U.S. adults said their financial stress has increased since before the Covid-19 pandemic began in March 2020, according

The Social Security Administration office in Brownsville, Texas. Robert Daemmrich Photography Inc | Corbis Historical | Getty Images Social Security beneficiaries who call the agency’s toll-free number may face hold times of more than 30 minutes. Long lines and shortened hours are common at many of the agency’s field offices where beneficiaries may seek in-person