A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
Social Security checks are increasing next year thanks to the annual cost of living adjustments (COLA). However, the standard monthly cost of Medicare Part B will increase by $9.80, or 6%, to $174.70 in 2024, according to the Centers for Medicare and Medicaid Services (CMS).
Student loan repayments will make the season unaffordable for many Gen Z and millennials this year, according to a recent Credit Karma survey.
Shoppers across all income levels plan to spend more this year for the holiday, a recent Deloitte survey said.
Federal Reserve Chairman Jerome Powell said that the progress made on moderating inflation has been gratifying but that there was still a long way to go to bring it to a 2% target rate.
The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.
Reform to provisions designed to even the playing field between workers who paid Social Security and public sector workers who don't but benefit from a pension program could cost as much as $150 billion.
The average 30-year fixed-rate mortgage was 7.44% for the week ending Nov. 16, according to Freddie Mac's latest Primary Mortgage Market Survey.
Americans owe more than $5,000 in credit card debt on average and in times of high inflation and rising interest rates, they are relying on credit cards more than ever before. But there are ways to pay off debt quickly.
U.S. workers have upped their retirement savings, but competing spending continues to challenge most from reaching their goals, a recent Goldman Sachs Asset Management (GSAM) retirement report said.
Nationwide gas prices continue to fall as demand likely remains flat. The steady decline could accelerate following recent drops in the price of oil, according to AAA.
The study found that nursing home care costs an average of $108,405 annually.
Back-to-office mandates are pushing many home sellers to close quickly, Redfin reported. This could open up the market to many homebuyers amid low housing availability and high home prices. Here’s what you need to know.
The Associated Press reported that home sales continue to decline but prices continue to climb.
Child care costs in the United States have risen over 30% since 2019, new data by Bank of America shows.
An uptick in consumer spending helped the U.S. economy grow in the third quarter and increased the odds of a soft landing.
Americans plan to spend a record $12.2 billion on Halloween this year, beating last year's blowout of $10.6 billion, according to a report by the National Retail Federation (NRF).
As student loan repayment begins after a federal pause, scammers are preying on borrowers seeking debt relief. But there are free and legitimate ways to lower your monthly payments or get student loan relief. Here's how.
Auto insurers are passing on the rising cost of covering claims to their customers and an increasing number are deciding to forgo coverage as a result, a recent report by J.D. Powers said.
US retirement system grade on par with Kazakhstan and Colombia