Monty Rakusen | Digitalvision | Getty Images Commodities aren’t for everyone, as they can be tricky investments. But for individual investors willing to learn the basics and accept volatility, a judicious allocation can make sense. This can diversify traditional portfolios of stocks and bonds, hedge against geopolitical risk and protect against sustained inflation. Yet buying
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In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Whenever you’re traveling somewhere by plane, you have to pack, get to the airport, go through security, find your gate and — in the last step before you can finally relax while being taken to your destination —board the aircraft. “Boarding is one of the
The U.S. Department of Education in Washington, D.C. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images The Biden administration announced on Wednesday it would forgive $72 million in student debt for more than 2,300 borrowers who attended Ashford University. The aid will go to students from the online for-profit school based in San Diego,
For a growing number of families, financial aid is key when it comes to paying for college. With tuition on the rise, most college-bound students now rely on a combination of resources to make it work, including income and savings, free money from scholarships and grants and, of course, student loans, according to education lender Sallie
President Joe Biden delivers remarks on the Supreme Court’s decision on the Administration’s student debt relief program at the White House on June 30, 2023. The Washington Post | The Washington Post | Getty Images After the Supreme Court struck down the original White House federal student loan forgiveness plan earlier this year, legal historian
Violetastoimenova | E+ | Getty Images By some measures, Americans have never been more in the red. In the second quarter of 2023, total credit card debt surpassed $1 trillion for the first time ever, which helped bring total household debt to $17.06 trillion, also a fresh record, according to the New York Federal Reserve. But
Scott Olson | Getty Images Eight candidates will take the stage for the first Republican presidential debate on Wednesday night — and experts are watching closely for comments on key tax policy issues. “The 800-pound gorilla in the room is the Tax Cuts and Jobs Act and the expiration of all the individual income tax
Andreypopov | Istock | Getty Images Property taxes can be a major expense for households, and several factors may affect the size of the bill, research shows. These levies — which typically fund public services, such as K-12 education, police and firefighters — can be tough to compare across jurisdictions. But there are four key
Maki_shmaki | Istock | Getty Images Consider this a public service announcement for all treasure hunters: Uncle Sam wants a piece of your loot. Someone who makes a valuable discovery — whether gold coins, meteorites or even cash — generally owes tax on that haul, which is known as “found” property. The tax is twofold:
After falling sharply last year, retirement account balances are bouncing back in 2023 — but there are still signs of trouble. Helped in part by improved market conditions, retirement account balances increased in the first half of the year. However, the share of participants that tapped hardship withdrawals rose, as well, according to recent reports
After more than a year of recession predictions, some experts have backed off past forecasts and now embrace what’s known as a “soft landing” for the economy. Even so, one financial advisor is stressing the importance of preparing for future stock market volatility. A soft landing could include an economic slowdown and unemployment ticking higher
Djelics | E+ | Getty Images Income-hungry investors have long flocked to mortgage-backed real estate investment trusts — and why not? Many of them pay a handsome, double-digit dividend. But such vehicles haven’t done so well lately. That’s because when interest rates rise and yields balloon, their valuations tend to suffer, which is what happened
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