Another 0.25 percentage point Fed rate hike could further squeeze weary consumers but give savers a boost. Stocks are up, but some remain cautious.
Author: Medora Lee, USA TODAY
High-income retirement savers may have to pay tax on catch-up contributions. Eventually.
A plan to tax high-income, older Americans’ catch-up 401(k) contributions is set to launch in January, but a myriad of issues could force a delay.
Taxpayers no longer have to fear the IRS knocking on their doors. IRS is ending practice.
Americans will no longer have to fear an unannounced IRS visit. The agency’s ending that practice to keep people safe and scammers at bay.
Biden is targeting the ‘junk fees’ you’re always paying. But it may not save you money.
President Joe Biden’s efforts to eliminate junk fees won’t necessarily save shoppers any money, critics warn. Here’s why.
Powerball winner? Lock up your ticket and go hide. What to know if you win the jackpot
If you’re the sole winner of Wednesday night’s $1.08B Powerball drawing, it’s time to beware of scammers and get working on a plan to claim your prize.
Dealers have cars and prices are stabilizing, but people still can’t buy a car. Here’s why
Lenders are turning cautious, leery of consumers piling on more debt. That is making it harder for car shoppers to get an auto loan.
More Americans rejected for loans just as they may be feeling tapped out, Fed survey shows
The rejection rate for Americans looking for a loan hits a 5-year high, Fed data show. Banks are turning cautious as rates rise and the economy slows.
EV sales growth’s about to slow. If building is getting easier, why is selling them harder?
EV sales are brisk but aren’t keeping up with supply and forcing an inventory buildup, Cox Automotive says. “Hard-growth days are ahead,” it predicts.
Social Security COLA 2024 estimates rose in an unexpected twist. Here’s why.
Despite easing inflation, next year’s Social Security cost of living adjustment (COLA) inched up to 3% from 2.7% last month.
On a tight budget? Here are steps to take to stretch your dollars on Amazon Prime Day.
Don’t let inflation and rising rates make you sit out Amazon Prime Day. Instead, use these tips to help stretch your budget at the July 11-12 sale.