Personal finance
UConn star Paige Bueckers touts financial literacy as NIL boosts women’s sports
Paige Bueckers, #5 of the UConn Huskies, shoots the ball in the second half during the NCAA Women’s Basketball Tournament Final Four semifinal game against the Iowa Hawkeyes at Rocket Mortgage FieldHouse in Cleveland, Ohio, on April 5, 2024. Steph Chambers | Getty Images University of Connecticut star Paige Bueckers, on the cusp of becoming […]
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Trump’s tariffs showcase his extraordinary presidential power — and its limitations
U.S. President Donald Trump reacts as he speaks with members of the media on the South Lawn before boarding Marine One at the White House, in Washington, D.C., U.S., Feb. 28, 2025. Nathan Howard | Reuters U.S. importers and their customers are about to experience the full force of President Donald Trump’s unprecedented use of […]
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‘Reverse Robin Hood scam’ or windfall for middle class? Lawmakers debate Trump tax plan extensions
Key Points Republicans and Democrats are making competing claims about the impact of extending provisions in the Tax Cuts and Jobs Act. The GOP sees it as a windfall for low- and middle-income households. Democrats view it as a handout for the wealthiest Americans. Both sides can be correct depending on the frame of reference, […]
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Trump plan to freeze funding stymies Biden-era energy rebates for consumers
Key Points Some states like Arizona, Colorado, Georgia and Rhode Island have delayed phases of their Home energy Rebate programs for consumers who make their homes more energy efficient. They cited a White House freeze on federal funding that conflicts with President Donald Trump’s agenda. The rebate programs, created by the Inflation Reduction Act, aim […]
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Gold is hot — but a classic Warren Buffett rule suggests caution, advisor says
An attendant holds 1-kilogram gold bars on Feb. 17, 2025. Akos Stiller/Bloomberg via Getty Images Gold prices are popping. But investors should avoid the temptation to chase a shiny object, investment experts said. The SPDR Gold Shares fund (GLD), which tracks the price of gold bullion, is up about 11% in 2025 as of 2 p.m. […]
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Here’s why Trump tariffs may raise your car insurance premiums
Key Points Annual car insurance premiums would rise by 8% in 2025 if tariffs on Canada and Mexico take effect, according to Insurify. They would rise by 5% without such duties, it said. Trump proposed a 25% tariff on imports from Canada and Mexico, which may start in March. Tariffs are expected to raise costs […]
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Startup founders are turning to ‘seed-strapping’ in a difficult funding environment
“I think what most founders are also realizing is what you need is not just money, but time. You need time to explore … You need space. You can’t have someone breathing down your neck for updates [while you’re] trying to figure out your product market fit at the start,” says Jx Lye, founder and […]
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Parents with these 2 toxic habits raise kids who are bad with money, says investment firm CEO
Mellody Hobson, 54, grew up in a single-parent, low-income household. Her mother’s money habits made her financially anxious at a young age. “There was just a shortage at all times. We would get evicted, our phone would get disconnected. … There was one time we were living in an abandoned building,” Hobson said on an […]
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Treasury sets March 21 deadline for millions of businesses to report ownership information or risk fines of $10,000 or more
Key Points The Treasury Department set a March 21 deadline for businesses to report “beneficial ownership information” or risk civil and criminal penalties. It delayed the prior deadline by 30 days. The delay comes after a Texas district court struck down a nationwide injunction on enforcement of the Corporate Transparency Act. The Treasury left open […]
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Op-ed: Americans are leaving millions in free money on the table
Every year, millions of dollars in credit card rewards go unclaimed — money that could be covering travel, everyday expenses, or even cash back in your pocket. If you’re not redeeming those rewards, you’re leaving money on the table. As someone who leverages credit card rewards, I was somewhat surprised by the recent Bankrate survey […]
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