Americans adjust retirement goals up 15 percent but savings drop: survey
U.S. adults believe they will need at least $1.46 million to retire in style, a Northwestern Mutual survey said.
U.S. adults believe they will need at least $1.46 million to retire in style, a Northwestern Mutual survey said.
Consumers see higher auto payments in exchange for better borrowing rates
Car loan terms have shortened as buyers with better credit seek cheaper rates for higher monthly payments, a recent Experian report said.
Car loan terms have shortened as buyers with better credit seek cheaper rates for higher monthly payments, a recent Experian report said.
DC area millennials have the highest student loan debt in the US
Millennials who live in Washington D.C. or Maryland have the highest average school debt per person in the U.S.
Millennials who live in Washington D.C. or Maryland have the highest average school debt per person in the U.S.
Biden's new student loan forgiveness plan would cost an extra $84 billion: report
Biden has proposed a plan B student loan forgiveness proposal that would cost taxpayers an extra $84 billion, a recent Penn Wharton analysis said.
Biden has proposed a plan B student loan forgiveness proposal that would cost taxpayers an extra $84 billion, a recent Penn Wharton analysis said.
Many Americans spend more than 30 percent of their take-home pay on a mortgage: survey
Homebuyers ready to take the plunge in today's housing market have had to sink a bigger portion of their paychecks into mortgage payments and make significant cuts to everyday spending, a recent survey said.
Homebuyers ready to take the plunge in today's housing market have had to sink a bigger portion of their paychecks into mortgage payments and make significant cuts to everyday spending, a recent survey said.
Baltimore liquor store sells $2M lottery scratch-off winner
A Baltimore liquor store sold a $2 million winning lottery scratch-off ticket to a man who stopped by while driving through the area for work.
A Baltimore liquor store sold a $2 million winning lottery scratch-off ticket to a man who stopped by while driving through the area for work.
How much money it takes to be 'rich' in America for 2024
A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.
A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.
More newlyweds opting for a 'mini-moon'– here's why
The need for fun and relaxation after the wedding day is leading more newlyweds to choose shorter getaways as an alternative to traditional honeymoons.
The need for fun and relaxation after the wedding day is leading more newlyweds to choose shorter getaways as an alternative to traditional honeymoons.
Bad service, no tip: Most Americans demand quality before tipping
A recent YouGov poll reveals that as tipping becomes an expected norm in increasingly varied sectors amid rising living costs, over half of Americans now express a growing resentment towards tipping, opting to leave no tip for subpar service.
A recent YouGov poll reveals that as tipping becomes an expected norm in increasingly varied sectors amid rising living costs, over half of Americans now express a growing resentment towards tipping, opting to leave no tip for subpar service.
More than a third of Gen Z, millennials seek help from their parents to afford a house down payment
Young homebuyers are combating high home prices by asking their parents for help with home down payments.
Young homebuyers are combating high home prices by asking their parents for help with home down payments.
These salaried workers are now eligible for overtime pay
The Biden administration's new rule significantly expands overtime pay eligibility to millions of salaried workers in the U.S., setting higher income thresholds and updating salary limits every three years.
The Biden administration's new rule significantly expands overtime pay eligibility to millions of salaried workers in the U.S., setting higher income thresholds and updating salary limits every three years.
'Doom spending' instead of home buying—how young people are spending their money
Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.
Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.
Gas prices crept up this week, but not by much as oil prices fell
Demand for gas is up, but oil prices are down, causing gas prices to go up by just four cents.
Demand for gas is up, but oil prices are down, causing gas prices to go up by just four cents.
How often does the IRS audit?
While the IRS accepts most tax returns, there are certain mistakes to avoid that may prompt the agency to take a closer look at your documents.
While the IRS accepts most tax returns, there are certain mistakes to avoid that may prompt the agency to take a closer look at your documents.
Millions of homeowners don't have homeowners insurance due to high costs
Due to rising homeowners insurance cost, more and more homeowners are choosing to forgo getting insurance.
Due to rising homeowners insurance cost, more and more homeowners are choosing to forgo getting insurance.
Biden announces a fresh round of $7.5 billion in student loans canceled
The latest round of cancellations targets $7.4 billion of student loans for 277,000 borrowers, the Department of Education said in a statement.
The latest round of cancellations targets $7.4 billion of student loans for 277,000 borrowers, the Department of Education said in a statement.
Many personal loan borrowers rely on loans for everyday expenses as cost of living grows
14.5% of borrowers use personal loans for everyday expenses as everyday costs grow.
14.5% of borrowers use personal loans for everyday expenses as everyday costs grow.
Maryland lawmakers cracking down on third-party ticket vendors
Maryland lawmakers approved a bill last week that cracks down on predatory practices by third party ticket vendors. The bill seeks to protect consumers buying tickets on sites like Vivid Seats, StubHub and SeatGeek.
Maryland lawmakers approved a bill last week that cracks down on predatory practices by third party ticket vendors. The bill seeks to protect consumers buying tickets on sites like Vivid Seats, StubHub and SeatGeek.
Your Social Security COLA increase could be bigger than expected next year
Social Security recipients are on track to receive a cost-of-living adjustment (COLA) next year that is bigger than previously expected after inflation accelerated for the third month in a row.
Social Security recipients are on track to receive a cost-of-living adjustment (COLA) next year that is bigger than previously expected after inflation accelerated for the third month in a row.
Many student loan borrowers missing opportunity to find debt relief in SAVE plan: survey
Roughly 3 in 4 borrowers who make $75,000 or less annually and would benefit from the SAVE plan are not currently enrolled in the plan, a recent Student Debt Crisis Center (SDCC) survey said.
Roughly 3 in 4 borrowers who make $75,000 or less annually and would benefit from the SAVE plan are not currently enrolled in the plan, a recent Student Debt Crisis Center (SDCC) survey said.