Personal finance

Customer shopping for school supplies with employee restocking shelves, Target store, Queens, New York. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Just when it seemed more Americans were inspired by the ideas of “underconsumptioncore” and “conscious consumerism,” which aim to put a lid on social media-related overspending, the back-to-school shopping season

Westend61 | Getty Images Amid stock market volatility, it’s critical to avoid emotional moves that could stunt long-term portfolio growth, financial experts say. U.S. stocks on Monday plunged as part of a global sell-off fueled by U.S. recession fears. The U.S. dip followed a more than 12% drop for Japan’s Nikkei 225, its biggest one-day loss

A voter fills out a ballot at a polling station on Election Day in Falls Church, Virginia, U.S., November 7, 2023.  Kevin Lamarque | Reuters When it comes to the November election, there is one issue that is at the top of voters’ wish lists: Social Security. Despite political division, most Americans — 87% —

Recently I posed this question to my teenage daughter: Aren’t we tired of influencers? “No,” she said. But despite my daughter’s opinion — she’s 16 — I know I’m not the only one fed up with the barrage of things I’m told to buy on social media. Which is why the rise of “underconsumptioncore” came

Republican presidential nominee and former U.S. President Donald Trump speaks on a panel of the National Association of Black Journalists (NABJ) convention in Chicago, Illinois, U.S. July 31, 2024.  Vincent Alban | Reuters At the National Association of Black Journalists‘ annual convention in Chicago on Wednesday, former President Donald Trump said inflation and high interest rates are “destroying

Twenty47studio | Moment | Getty Images Workers who pay into Social Security while they’re working should expect benefits from the program when they retire. Yet 72% of adults worry Social Security will run out of funding in their lifetimes, a new survey from Nationwide Retirement Institute finds. Meanwhile, 23% do not expect to receive even

Victor Dyomin | Moment | Getty Images Many wedding costs, such as meals, invitations and favors, are based on your headcount. The average cost of a wedding ceremony and reception in 2023 was $35,000, according to The Knot 2023 Real Weddings Study. The total cost is a $5,000 increase from 2022. “The No. 1 way to save money on

Sean Gladwell | Moment | Getty Images Even as many Americans go cashless, some don’t have the option to choose that lifestyle. About 6% of Americans were unbanked in 2023, meaning they’re living without access to any traditional financial services such as savings accounts, credit cards or personal checks, according to data from the Federal

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