Personal finance
As GOP weighs Obamacare cuts, the party’s constituents are more likely to use marketplace coverage, poll finds
Key Points More Republicans than Democrats get health insurance through the Affordable Care Act marketplace, according to a poll by KFF. The GOP-controlled House of Representatives passed a massive tax and spending bill in May that makes substantial cuts to health programs for the ACA, also known as Obamacare. Millions of people are expected to […]
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‘Trump accounts’: CEOs to unveil investments for newborns at White House
US President Donald Trump gives a thumbs up as he exits Marine One and walks to board Air Force One at Joint Base Andrews, Maryland, on June 6, 2025. Andrew Caballero-Reynolds | AFP | Getty Images The CEOs of Uber, Dell, Goldman Sachs and more are expected to announce Monday that they will collectively invest […]
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Job market is ‘trash’ right now, career coach says — here’s why
Key Points It’s a tough market for job seekers, especially recent graduates, experts said. Employers are hiring at the slowest pace in more than a decade, even as unemployment and layoffs are relatively low. Don’t underestimate the power of building personal connections and networking while hunting for a job, one expert said. Source
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When it comes to saving, Gen Z asks: ‘What’s the point?’ That’s dangerous, expert says
FA Playbook When it comes to saving, Gen Z asks: ‘What’s the point?’ That’s dangerous, expert says Published Sat, Jun 7 20256:15 AM EDT Greg Iacurci@GregIacurci WATCH LIVE Source
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Why millions of Americans would lose health insurance under House GOP megabill
Key Points Federal funding cuts in the House of Representatives’ One Big Beautiful Bill Act may prompt millions of Americans to lose insurance under Medicaid and the Affordable Care Act. With the Senate now poised to consider the legislation, here’s who experts say could be most vulnerable to getting dropped from health care coverage. Source
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‘Fantasy math’ masks tax bill’s U.S. debt impact, GOP lawmaker said. What the deficit means for your money
Key Points Legislation passed by Republicans in the House and now being considered in the Senate would increase the U.S. debt by more than $3 trillion after interest and economic effects, according to estimates. The “One Big Beautiful Bill Act” is a “debt bomb ticking,” one GOP lawmaker said. The debt can have a big […]
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Travelers are taking ‘a more frugal approach’ to summer vacations this year, expert says
Klaus Vedfelt | Digitalvision | Getty Images Earlier this spring, consumers were feeling good about their summer vacation prospects. More people were planning to take a trip compared to last year, and summer travel budgets were up, too, according to a new report from Deloitte. But just a few weeks later — after President Donald […]
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As Denmark raises its retirement age to 70, experts weigh in on whether the U.S. may follow its lead
Aleksandarnakic | E+ | Getty Images Denmark has moved to increase its retirement age to 70 — making it the highest retirement age in Europe. Yet it may be difficult for the U.S. to follow its lead. The new change in Denmark will apply to public pension retirements starting in 2040. Since 2006, the country […]
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Trump tariffs would still ‘pinch’ consumers even if trade court block holds, economist says
Key Points A federal trade court blocked a large piece of President Trump’s tariff agenda in a ruling Wednesday. An appeals court temporarily paused that order on Thursday. Even if the lower court’s ruling holds, the average household would lose $950 of purchasing power in 2025 as a result of tariffs that remain on the […]
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Fewer international tourists are visiting the U.S. — economic losses could be ‘staggering,’ researchers estimate
Key Points Spending among international visitors to the U.S. is poised to fall $8.5 billion this year, according to Oxford Economics. Tourists are avoiding the U.S. as a destination amid tensions tied to Trump administration policy tied to trade and the border, experts said. A relatively strong dollar and weak global growth prospects are also […]
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