Students on the campus of the University of North Carolina at Chapel Hill. Jonathan Drake | Reuters Like many would-be college students, Abigail Mokuba, 16, says “cost is a concern” when it comes to which schools to consider. The rising high school senior from Baltimore said she is still researching colleges but plans to apply
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Twenty/20 After facing the reality of how expensive fresh flowers could be when planning her own wedding, Della Larca founded Florèal Blooms, her luxury silk flower rental business, three and half years ago from her basement in Butler, New Jersey. Larca’s business swelled last year, and she recently moved to a larger workspace to accommodate
A class at Princeton University in New Jersey. Princeton University, Office of Communications When it comes to elite college admissions, most expert agree: The Supreme Court‘s ruling on the affirmative action admission policies of Harvard University and the University of North Carolina could have an immediate impact on who gets in and why. And that may have far-reaching
Artistgndphotography | E+ | Getty Images When it comes to retirement savings, the gap between the haves and the have-nots has widened, according to a new report from the Government Accountability Office. The median retirement account balance for high-income households was nine times that of middle-income households in 2019 — $605,000 compared with $64,300, respectively,
The Mega Millions jackpot grew to $940 million on July 27, 2023. OLIVIER DOULIERY | Getty The Mega Millions jackpot has ballooned to an estimated $940 million ahead of Friday’s high-stakes drawing at 11:00 p.m. ET. If you pick the magic six numbers, there are two payout options: a lump sum of $472.5 million or 30
The Mega Millions jackpot grew to $910 million on July 26, 2023. Tayfun Coskun | Anadolu Agency | Getty Images The Mega Millions jackpot has grown to an estimated $910 million, with the next high-stakes drawing on Friday at 11:00 p.m. ET. The big prize has only exceeded $1 billion four times, most recently reaching
Andresr | E+ | Getty Images After years of low interest payouts, savings accounts now are paying higher yields, after a series of interest rate hikes from the Federal Reserve. But many Americans still aren’t getting the best rates for their cash. Despite inflation concerns, nearly 70% of middle-income Americans haven’t moved savings to higher-yielding
The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images After a pause last month, experts predict the Federal Reserve likely will raise rates by a quarter of a point at the conclusion of its meeting next week. Fed officials have pledged not to be complacent about the rising cost of
Summer can be an ideal time to slow down, reflect and reset your money mindset. You also may find more time to review your financial goals — and decide whether you need a reboot. “When it comes to those who want to ‘clean’ their financial house, my advice is that you must sweep the dust
The Powerball jackpot has reached $900 million by July 17, 2023. Justin Sullivan | Getty Images The Powerball jackpot has soared to an estimated $900 million after Saturday’s drawing went by without a winner. It’s still the third-largest prize in the game’s history ahead of Monday night’s drawing, according to Powerball. But the windfall will
The Powerball jackpot has reached $875 million by July 14, 2023. Scott Olson | Getty The Powerball jackpot rose to an estimated $875 million ahead of Saturday’s drawing, growing to the third-largest prize in the game’s history, the lottery announced. Of course, the estimated windfall is a pre-tax number based on 30 years of annual
Social Security has likely touched your life or the life of someone you know. This safety net provides income for beneficiaries including retired and disabled workers, and their dependents. While you’re working, a chunk of your paycheck goes toward Social Security. When you’re retired, it’s often a key income stream. “It’s the biggest single source of
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