Personal finance

In this article V Follow your favorite stocksCREATE FREE ACCOUNT Mark Makela | Getty Images Holiday shopping this year is expected to reach record spending levels, according to the National Retail Federation. But as consumers open their wallets, they may also be making themselves vulnerable to potential fraud, particularly when shopping at the last minute.

In this article UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT President Joe Biden delivers remarks about the student loan forgiveness program on Oct. 17, 2022. Leah Millis | Reuters More people with federal student loans have been able to walk away from their debt in bankruptcy court due to a Biden administration policy change announced

Person holding car key. Manusapon Kasosod | Moment | Getty Images Donating your used car to a charity may bring you joy for helping another person in need, especially as prices for both new and used cars remain high. However, don’t expect the move to make a huge difference in your taxes, experts say.  That’s

Customers at a pop-up shop at a Forever-21 store in New York’s Times Square on Nov. 10, 2023. Bloomberg | Bloomberg | Getty Images Inflation continued its broad moderation in October, down significantly from pandemic-era highs that hadn’t been seen in more than 40 years. This dynamic — whereby prices for consumer goods and services

In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Tetra Images | Tetra Images | Getty Images Families preparing for Thanksgiving will find that turkeys are cheaper this year. The U.S. bird population recovered from last year’s avian flu, boosting supply and helping push down prices. This year, a 16-pound frozen whole turkey costs

The prolonged period of high inflation may finally be coming to an end, according to an analysis of recent data by UBS global wealth management. In October, the consumer price index, a closely followed inflation gauge, increased 3.2% from 12 months earlier, down from 3.7% in September, the U.S. Bureau of Labor Statistics said Tuesday. The report marked

Thomas Barwick | Stone | Getty Images People who find it easiest to financially prepare for retirement have four behavioral traits. Yet just 10% of workers show all of these “optimal” characteristics, according to new survey findings from Goldman Sachs Asset Management in collaboration with Syntoniq, a behavioral finance research organization. The behaviors help retirement

Fg Trade | E+ | Getty Images If you’re planning to sell investments or rebalance brokerage assets next year, it’s possible you won’t trigger a tax bill for 2024.   The IRS on Thursday released dozens of inflation adjustments for 2024, including higher income tax brackets, increased standard deductions and boosted income thresholds for capital gains.

Wael Alreweie | Istock | Getty Images Bitcoin investors are eagerly waiting for regulators to approve the first U.S. spot bitcoin exchange-traded fund, which could be significant for cryptocurrency investors, experts say. Last week, the price of bitcoin notched an 18-month high, climbing to $37,970, after BlackRock took first steps toward an ether ETF. The

Peopleimages | Istock | Getty Images For many Americans, planning for retirement may feel like a daunting financial goal. Now, there’s another risk on the horizon that may stoke their worries — the 2024 elections. Almost half of investors — 45% — surveyed by Nationwide Retirement Institute believe next year’s presidential and congressional contests will

Araya Doheny | Getty Images When Dave Bernstein, 87, started working at the U.S. Postal Service in February 1970, he was making $2.35 an hour. To supplement his income, he also took on other work. Years later, Bernstein decided in 1992 to take a voluntary retirement. “We knew there was going to be a reduced

Nosystem Images | E+ | Getty Images Many older women outlive their spouses and may not expect higher future taxes after suffering from the loss. But there are ways to prepare, according to financial experts.  American women have a significantly higher life expectancy than men, according to data from the Centers for Disease Control and