Personal saving
Some young Americans scale back dating as costs and apps add pressure, survey shows
For many young Americans, dating is becoming as much about finances as it is romance. Half of single Americans surveyed said they are going on fewer dates or choosing less expensive activities because of rising costs, according to BMO Financial Group’s 2026 BMO Real Financial Progress Index. The bank polled 2,501 adults in late December through […]
Read More
1.4 million filers face tax refund delays amid IRS paper check phaseout
Tunyada Kongkapan | E+ | Getty Images A growing number of filers are facing tax refund delays amid a government-wide phaseout of paper checks. House Ways and Means Committee Democrats this week sent another letter to Treasury Secretary Scott Bessent, with “additional concerns” about roughly 1.4 million IRS notices sent to filers about refund delays […]
Read More
Higher gas prices from Iran war could offset bigger tax refunds from Trump’s ‘big beautiful bill’
A man pumps gas at an Exxon station as the price of oil and gas has surged amid the U.S.-Israeli conflict with Iran, in Washington, D.C., U.S., March 5, 2026. Ken Cedeno | Reuters As the Iran war continues, and traffic through the Strait of Hormuz, a key global oil shipping route, remains stalled, many […]
Read More
Iran war is the latest ‘worst-case scenario’ for travel, expert says. How to minimize the pain of future disruptions
People wait in long TSA lines as the partial government shutdown continues for several weeks at airports like Chicago O’Hare in Chicago, IL, United States on March 9, 2026 Peter Zay/ | Anadolu | Getty Images The first three months of the year have brought significant disruptions for travelers. The ongoing war in Iran, cartel […]
Read More
Iran war and your portfolio: The historical stock market patterns investors should know
Andriy Onufriyenko | Moment | Getty Images The escalating war in the Middle East jolted the stock market on Tuesday — a reaction that history suggests is common after a global shock, but often not lasting. While the market rebounded Wednesday morning, the Standard & Poor’s 500 index, a broad measurement of how U.S. companies’ […]
Read More
Trump said tariffs could someday ‘substantially replace’ income taxes. What policy experts say
U.S. President Donald J. Trump delivers the first State of the Union address of his second term to a joint session of Congress in the House Chamber of the United States Capitol in Washington, D.C., U.S.,on Tuesday, Feb. 24, 2026. Kenny Holston | The New York Times | Via Reuters Amid tariff uncertainty, President Donald Trump […]
Read More
Where to still find solid yields on cash as the Fed holds rate steady
The Federal Reserve ‘s decision to hold interest rates steady was good news for Americans holding cash. On Wednesday, the central bank left the federal funds rate between 3.5%-3.75%, after cutting rates by a quarter percentage point in December. “No change to the federal funds rate means borrowing costs on short-term and variable-rate loans are […]
Read More
Wealth requires long-term effort, says ‘The Art of Spending Money’ author: Getting rich quickly won’t cut it
Alistair Berg | Digitalvision | Getty Images When it comes to how we approach money, “no one is crazy,” Morgan Housel wrote in his bestselling 2020 book on building wealth, “The Psychology of Money.” And when it comes to the way we spend money, the decisions we make are just as personal, Housel, a partner […]
Read More
Imposter scams cost older adults $700 million in 2024, FTC finds: Some victims are ‘clearing out’ their 401(k)s
Key Points Americans age 60 and older are reporting being victims of imposter scams in increasing numbers, according to the Federal Trade Commission. They sometimes lose all the savings held in a bank account or 401(k), the agency said. There are ways to avoid getting scammed. Source
Read More
Emergency funds are a ‘security blanket’ for 401(k) savings, Vanguard researcher says. Here’s why
Key Points Workers with emergency funds of at least $2,000 are less likely to raid their 401(k) accounts, according to Vanguard research. 401(k) “leakage,” such as cashing out an account upon job separation, hurts households’ retirement security, experts said. Saving even $10 to $25 per paycheck into an emergency fund can make a difference. Source
Read More