Black Friday bargain hunters shop at a Walmart store in New Jersey on Nov. 26, 2021. Tayfun Coskun | Anadolu Agency | Getty Images More Americans are struggling financially just as the peak shopping season kicks into high gear. Yet shoppers will still shell out $1,455, on average, on holiday gifts — in line with
Personal finance
Newsday Llc | Newsday | Getty Images There was a time when Black Friday in the car-selling business meant a flurry of big sales events at dealerships whose lots were full of new vehicles. These days, with inventory still squeezed from supply chain disruptions, discounts are not as generous as they once were. And most
Prostock-studio | Istock | Getty Images In the rush at the store checkout this holiday season, you may be tempted to say yes when asked if you want to apply for a store credit card — especially if you’re offered extra savings on that day’s purchase. But there is good reason to think twice this
Artistgndphotography | E+ | Getty Images Televisions are among just a handful of consumer goods and services that have dropped in price in the last year — which may translate to steep discounts for shoppers on Black Friday and Cyber Monday. What’s more, 38% of shoppers say they’ll likely buy a TV during Thanksgiving week,
Parents and caregivers with the Economic Security Project gather outside the White House to advocate for the Child Tax Credit in advance of the White House Conference on Hunger, Nutrition, and Health on Sept. 20 in Washington, DC. Larry French | Getty Images Entertainment | Getty Images Millions of families received monthly checks of up
President Joe Biden delivers remarks on protecting Social Security and Medicare and lowering prescription drug costs in Hallandale Beach, Florida, on Nov. 1, 2022. Anadolu Agency | Anadolu Agency | Getty Images The Biden administration on Tuesday announced that it will extend the payment pause on federal student loans until after June or when it’s
Pixelseffect | E+ | Getty Images If you have unspent money in your health-care flexible spending account, now’s the time to make a plan to use it before you lose it. Health-care FSAs let workers stash away pretax dollars for qualifying expenses. However, they generally are “use-it-or-lose-it” accounts: Unless your company provides a grace period
Olga Ryazantseva | Istock | Getty Images After applying for student loan forgiveness, some borrowers are receiving what looks like good news from the U.S. Department of Education. “We reviewed your application and determined that you are eligible for loan relief under the Plan,” according to a letter sent out by Education Secretary Miguel A.
Samuel Corum | Getty Images News | Getty Images For supporters of congressional proposals to improve the U.S. retirement system, it’s about to be a nail-biting few weeks. Lawmakers are heading back to Washington next week to finish out the so-called lame-duck session — the legislative period between the midterm elections and the new Congress,
David Jakle | Image Source | Getty Images If you’re retired and giving to charity this holiday season, experts say there’s a way to trim your 2022 tax bill while supporting your favorite cause. Despite economic uncertainty, the majority of American adults plan to donate similar amounts this year as they did last year, a
Bahamas-based crypto exchange FTX filed for bankruptcy in the U.S. on Nov. 11, 2022, seeking court protection as it looks for a way to return money to users. Nurphoto | Nurphoto | Getty Images After a difficult year for digital assets, many investors were blindsided by the recent collapse of cryptocurrency exchange FTX, as customers
Tom Brenner | Reuters The midterm elections made two key federal programs seniors rely on — Social Security and Medicare — a topic of national conversation. Now, as the final vote tally comes in — with a Democratic majority in the Senate and a Republican majority in the House of Representatives — advocates for the