The secret life of gift cards: Here’s what happens to the billions that go unspent each year
Americans are expected to spend nearly $30 billion on gift cards this holiday, according to the National Retail Federation. Most will be redeemed.
Americans are expected to spend nearly $30 billion on gift cards this holiday, according to the National Retail Federation. Most will be redeemed.
Christmas Powerball drawing: $2 million ticket sold in Southern California
A Powerball lottery ticket worth $2 million was sold in Orange County, California.
A Powerball lottery ticket worth $2 million was sold in Orange County, California.
Powerball jackpot rises to estimated $685M after no winner in Christmas Day drawing
While no one matched all six numbers in the Christmas Day Powerball drawing, there were five lucky tickets that won $1 million or more.
While no one matched all six numbers in the Christmas Day Powerball drawing, there were five lucky tickets that won $1 million or more.
Housing affordability plummeted to lowest level on record in 2023
Just a fraction of homes for sale in 2023 were affordable for the typical American
Just a fraction of homes for sale in 2023 were affordable for the typical American
Millions of student loan borrowers still aren't making payments
President Biden ended the student loan payment pause earlier this year.
President Biden ended the student loan payment pause earlier this year.
Gen X advised to ‘stop spending’ due to largest retirement savings wealth gap of any generation
Economist argues less spending equals a 'milder’ recession.
Economist argues less spending equals a 'milder’ recession.
These 7 California cities have more million-dollar homes than most of US: study
A new study found California has the highest percentage of homes costing $1 million or more in the U.S. Did your city make the list?
A new study found California has the highest percentage of homes costing $1 million or more in the U.S. Did your city make the list?
2024 Social Security benefits: When to expect increases in monthly checks
The Social Security Administration announced that millions of beneficiaries will receive a 3.2% boost in benefits in 2024.
The Social Security Administration announced that millions of beneficiaries will receive a 3.2% boost in benefits in 2024.
IRS to waive $1 billion in penalties for millions of taxpayers – here’s who qualifies
Nearly 5 million people, businesses and tax-exempt organizations — most making under $400,000 per year — will be eligible for the relief starting this week, the IRS said.
Nearly 5 million people, businesses and tax-exempt organizations — most making under $400,000 per year — will be eligible for the relief starting this week, the IRS said.
Secure 2.0: optional provisions kick in to help retirement savers with emergencies and student loan debt
The Secure 2.0 Act of 2022 has several new optional provisions kicking in at the start of 2024, such as emergency savings and student loan matching.
The Secure 2.0 Act of 2022 has several new optional provisions kicking in at the start of 2024, such as emergency savings and student loan matching.
These are the most affordable cities to buy a home in 2024: Realtor.com
Realtor.com released the top 100 ranking metros for 2024, including affordable markets in the Northeast and Midwest such as Toledo, Ohio, and Rochester, New York, alongside several Southern California markets.
Realtor.com released the top 100 ranking metros for 2024, including affordable markets in the Northeast and Midwest such as Toledo, Ohio, and Rochester, New York, alongside several Southern California markets.
Americans living in these states are worse off financially: survey
Americans nationwide are feeling the lingering impact of inflation on their wallets, but these three states have it the worst, according to a recent WalletHub survey.
Americans nationwide are feeling the lingering impact of inflation on their wallets, but these three states have it the worst, according to a recent WalletHub survey.
Biden forgives another $4.8 billion in federal student loan debt, but alternative relief plan hits a snag
The Biden administration has forgiven a total of $132 billion in federal student loans for more than 3.6 million Americans, and all of it has bypassed the need for congressional approval.
The Biden administration has forgiven a total of $132 billion in federal student loans for more than 3.6 million Americans, and all of it has bypassed the need for congressional approval.
Holiday debt hangover poised to be 'particularly nasty' this year, analyst says
While retail sales are strong, an industry economist is warning about about an uptick in usage for buy now, pay later services as consumers battle growing debt obligations.
While retail sales are strong, an industry economist is warning about about an uptick in usage for buy now, pay later services as consumers battle growing debt obligations.
Federal Reserve nears victory over historic inflation, defying predictions of recession
The cost of goods — such as used cars, furniture and appliances — has fallen for six straight months.
The cost of goods — such as used cars, furniture and appliances — has fallen for six straight months.
Costco sold $100 million in gold bars last quarter
CFO Richard Galanti said in September that the gold bars are 'typically gone within a few hours.'
CFO Richard Galanti said in September that the gold bars are 'typically gone within a few hours.'
Mortgage rates dip below 7 percent as the housing outlook brightens for 2024: Freddie Mac
The average 30-year fixed-rate mortgage was 6.95% for the week ending Dec. 14, according to Freddie Mac's latest Primary Mortgage Market Survey.
The average 30-year fixed-rate mortgage was 6.95% for the week ending Dec. 14, according to Freddie Mac's latest Primary Mortgage Market Survey.
Gas prices on downward slide, further price drops likely: AAA
A downward trend in national gas prices persists ahead of holiday travel. Tepid demand and a low cost for oil are bringing drivers relief at the pump, according to AAA.
A downward trend in national gas prices persists ahead of holiday travel. Tepid demand and a low cost for oil are bringing drivers relief at the pump, according to AAA.
Rent prices show biggest decline in more than 3 years, Redfin report says
Redfin says its the biggest annual price drop in rents since 2020.
Redfin says its the biggest annual price drop in rents since 2020.
Los Angeles among top 3 costliest cities for older homeowners
High housing costs across the U.S. are pushing more homeowners out the door, but according to new data, that sentiment rings especially true for older homeowners in metro areas and coastal cities.
High housing costs across the U.S. are pushing more homeowners out the door, but according to new data, that sentiment rings especially true for older homeowners in metro areas and coastal cities.