Personal finance

Tom Merton | Ojo Images | Getty Images Job seekers have been sour on the job market for awhile now — and with good reason. “The soft landing in the U.S. labor market is in danger,” Nick Bunker, Economic Research Director for North America for Indeed Hiring Lab, wrote in a statement on Friday. “Yellow

U.S. Vice President Kamala Harris and second gentleman Douglas Emhoff descend from Air Force Two in Wilmington, DE, U.S., July 22, 2024.  Erin Schaff | Via Reuters Vice President Kamala Harris‘ personal financial records are under fresh scrutiny now that she is running for the highest office in the United States. Experts say recent tax

Record inflation may have people questioning whether homeownership is still a good investment. Home prices have been rising faster than incomes, which can be a problem for homeowners because as the value of a home rises, so does the cost to maintain it. More than 1 in 4 homeowners with mortgages are considered “cost-burdened,” meaning

Lisa5201 | E+ | Getty Images Senate Republicans on Thursday blocked legislation that would have expanded the child tax credit, a key tax break for millions of families. Despite strong bipartisan support for the House bill passed in January, the legislation met resistance from Senate Republicans. Thursday’s procedural vote wasn’t expected to clear the 60-vote

U.S. President Joe Biden speaks as he announces a new plan for federal student loan relief during a visit to Madison Area Technical College Truax Campus, in Madison, Wisconsin, U.S, April 8, 2024.  Kevin Lamarque | Reuters The Biden administration is sending emails to tens of millions of borrowers this week about its new plans to cancel student

CFOTO | Future Publishing | Getty Images It’s nearly impossible to predict future cryptocurrency prices amid political and economic uncertainty — but you can still make some smart tax moves, experts say. As investors brace for interest rate news from the Federal Reserve and weigh policy proposals from Former President Donald Trump, the price of bitcoin

Artisteer | Istock | Getty Images It’s not unusual to hear people struggling with their student loan debt bemoan that they feel like they’ll be paying until they die. Which begs the question: What happens to the debt at that point? It may be a question increasingly on people’s minds, as the number of older

The Federal Reserve announced Wednesday that it will leave interest rates unchanged. However, recent signs of economic growth and cooling inflation are paving the way for a widely anticipated September rate cut, which is welcome news for Americans struggling to keep up with sky-high interest charges. “Consumers should feel pretty good about the U.S. economy,”

Two federal judges in Kansas and Missouri on Monday at the urging of several Republican-led states blocked President Joe Biden’s administration from further implementing a new student debt relief plan that lowers payments. Bloomberg | Bloomberg | Getty Images The Biden administration is gearing up to try to forgive the student debt of tens of

Visitors walk during a long-duration heat wave impacting much of California on July 9 in Death Valley National Park, California.  Mario Tama | Getty Images News | Getty Images Amid surging summer heat, the earth reached a new hottest day on record on July 22. That day, the global average temperature was almost 63 degrees

Sdi Productions | E+ | Getty Images Home affordability has slightly improved for buyers this summer, according to a recent report.  The median new mortgage payment was $2,167 in June, a 2.4% decline from $2,219 in May, according to new data from the Mortgage Bankers Association. The index measures how new monthly mortgage payments change

Damircudic | E+ | Getty Images The number of federal student loan borrowers with six-figure debts is on the rise. In the second quarter of 2024, 2.4 million borrowers carried a federal student loan balance between $100,000 and $200,000, up from 1.8 million people who owed that much during the same period in 2017, according