Retirees lost 10 percent of their savings in 2022, survey says
Inflation and market volatility has had a significant impact on retirees' savings, research shows. Here’s what you need to know.
Inflation and market volatility has had a significant impact on retirees' savings, research shows. Here’s what you need to know.
Home prices forecasted to plunge, but US expected to avoid a repeat of 2008 financial crisis: Fannie Mae
Fannie Mae's latest economic forecast predicted home prices will drop by over 6% in the next two years but said the U.S. market is in good shape to weather the decline.
Fannie Mae's latest economic forecast predicted home prices will drop by over 6% in the next two years but said the U.S. market is in good shape to weather the decline.
How to pay off credit card debt: 6 winning strategies
Wondering how to pay off credit card debt? Discover these six tried-and-true strategies that can help you pay down your balances and become debt-free.
Wondering how to pay off credit card debt? Discover these six tried-and-true strategies that can help you pay down your balances and become debt-free.
Still time to save: Today's mortgage rates rest across all terms | Feb. 8, 2023
Check out the mortgage rates for Feb. 8, 2023, which are unchanged from yesterday.
Check out the mortgage rates for Feb. 8, 2023, which are unchanged from yesterday.
Price of Biden's student loan repayment plan could double as take-up increases, report says
Cost estimates more than double for Biden's federal student loan repayment overhaul – considered a fallback for the administration's stalled forgiveness plan – when a bigger uptake of the program is factored in, a recent report said.
Cost estimates more than double for Biden's federal student loan repayment overhaul – considered a fallback for the administration's stalled forgiveness plan – when a bigger uptake of the program is factored in, a recent report said.
High prices and interest rates will keep drivers from buying cars in 2023: survey
Forty-nine percent of drivers said they did not intend to purchase a new car in 2023, but 38% said they would consider buying a car this year if prices fell, according to a recent survey by Jerry, a car compare-and-buy service.
Forty-nine percent of drivers said they did not intend to purchase a new car in 2023, but 38% said they would consider buying a car this year if prices fell, according to a recent survey by Jerry, a car compare-and-buy service.
Biden administration approves more than 16 million borrowers for student loan forgiveness
Even though millions have been approved for the president’s student loan forgiveness initiative, the plan remains in legal battle and the Supreme Court is set to take it on in February. This is what you need to know about paying off student loan debt quickly.
Even though millions have been approved for the president’s student loan forgiveness initiative, the plan remains in legal battle and the Supreme Court is set to take it on in February. This is what you need to know about paying off student loan debt quickly.
Fed raises rates 25 basis points in first meeting of 2023
The Federal Reserve announced a highly anticipated interest rate increase of 25 basis points at its February meeting. Here's what it means for your wallet.
The Federal Reserve announced a highly anticipated interest rate increase of 25 basis points at its February meeting. Here's what it means for your wallet.
Price is top reason why consumers want to drop auto insurance providers
Many Americans believe their current auto insurance costs are too expensive. Here's what you can do to lower yours.
Many Americans believe their current auto insurance costs are too expensive. Here's what you can do to lower yours.
Americans fear recession, but most believe their jobs are safe: Survey
Many Americans have a negative outlook on the economy, but say they didn't believe a downturn would impact their jobs, according to a new survey.
Many Americans have a negative outlook on the economy, but say they didn't believe a downturn would impact their jobs, according to a new survey.
Today’s 15-year mortgage rates continue to offer best money-saving opportunity | Jan. 27, 2023
Check out the mortgage rates for Jan. 27, 2023, which are up from yesterday.
Check out the mortgage rates for Jan. 27, 2023, which are up from yesterday.
How economic policy can lessen the blow of a recession
Dion Pouncil, chief investment officer and principal at Pouncil Capital, talks about the elements of the recession and how economic policy can lessen the financial blow on everyday people.
Dion Pouncil, chief investment officer and principal at Pouncil Capital, talks about the elements of the recession and how economic policy can lessen the financial blow on everyday people.
Tax refund would help many Americans pay for holiday spending: survey
Many Americans said an advance on their tax refund would help with holiday debt, according to a recent Jackson Hewitt Tax Service survey.
Many Americans said an advance on their tax refund would help with holiday debt, according to a recent Jackson Hewitt Tax Service survey.
Top tips to get that tax refund as soon as possible
Believe it or not, it's already time to get your tax paperwork in order. It's officially tax season. Nobody really looks forward to this time of year because it can be stressful. Geoff Harlow, a CPA with the Illinois CPA Society, joined Good Day Chicago to offer some of his tips.
Believe it or not, it's already time to get your tax paperwork in order. It's officially tax season. Nobody really looks forward to this time of year because it can be stressful. Geoff Harlow, a CPA with the Illinois CPA Society, joined Good Day Chicago to offer some of his tips.
5 surprising ways you can save money
Consumer savings expert Andrea Woroch dishes out several unconventional ways that you can ease the stress on your bank account.
Consumer savings expert Andrea Woroch dishes out several unconventional ways that you can ease the stress on your bank account.
Best place to retire? This state just beat Florida, according to a new study
WalletHub compared the 50 states across 47 key indicators of retirement-friendliness including affordability, health-related factors and overall quality of life.
WalletHub compared the 50 states across 47 key indicators of retirement-friendliness including affordability, health-related factors and overall quality of life.
Tax filing season is underway - what to know
Start getting your W-2 forms ready because tax filing season officially began on Monday.
Start getting your W-2 forms ready because tax filing season officially began on Monday.
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.
Social Security spending is trending upward as the proportion of Americans at or above retirement age has increased relative to the active workforce.
Tax filing season starts Monday: What you need to know
The IRS says taxpayers should expect a smoother filing season this year.
The IRS says taxpayers should expect a smoother filing season this year.
Why your tax refund this year could be lower than 2022's
Dan Roccato, financial professor at the University of San Diego, talks about what tax filers can expect from their refunds this year.
Dan Roccato, financial professor at the University of San Diego, talks about what tax filers can expect from their refunds this year.