Personal finance

Rome ranked second on a recent list of best travel destinations for a digital detox. Piola666 | E+ | Getty Images Despite inflation, Gen Z and millennials are determined to travel this summer, even if it means spending a bit more. While almost two-thirds, or 73%, of people are willing to pay extra fees for

As Americans increasingly lean on credit to make ends meet, new reports show signs of potential problems ahead. Total credit card debt surpassed $1 trillion for the first time ever, the New York Federal Reserve reported Tuesday. Credit card balances are up almost 20% from a year ago, according to a separate quarterly credit industry insights

Astra Taylor Source: Isabella De Maddalena In 2014, Astra Taylor co-founded the Debt Collective, the first union for debtors. Since then, one of her main goals has been to get student debt canceled. The last year or so has been bittersweet: First, in what felt like a major victory, President Joe Biden announced that he’d

Enes Evren Investors piled into Series I bonds amid record yields, and some are now eyeing an exit for higher-interest alternatives. But redeeming I bonds can be tricky, experts say. After reaching 9.62% annual interest in May 2022, I bond yields have declined with falling inflation, reaching 4.3% interest for new purchases from May through

In this article CARS 7270.T-JP 6201.T-JP IHEB-AU 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT There are more than 275 million cars on the road in the U.S. But in recent years, car ownership has gotten more expensive than ever — due to the Covid-19 pandemic, supply chain issues, stubborn inflation and the Federal Reserve’s interest

Jacob Wackerhausen | Istock | Getty Images With other household debt on the rise, the restart of student loan payments in less than two months may cause financial hardship for many Americans. The pause on federal student loan payments is one of the last pandemic-era relief measures still in effect, but the bills are expected

Morsa Images | E+ | Getty Images Some experts have reversed recession predictions and embraced a soft landing for the economy as the Federal Reserve continues to fight inflation. The rosier outlook is prompting talks between advisors and their clients, including possible shifts for investment portfolios. “A potential recession has been in the news since

College is only getting more expensive. Tuition and fees have more than doubled in 20 years, reaching $10,940 at four-year, in-state public colleges, on average, in the 2022-23 academic year. At four-year private colleges, it now costs $39,400 annually, according to the College Board, which tracks trends in college pricing and student aid. When adding in other expenses, the

vchal | Getty Images Between 2000 and 2016, long working hours led to a 42% increase in deaths from heart disease, and a 19% increase in deaths from stroke, according to a 2021 report from the World Health Organization and the International Labour Organization. The bulk of 745,000 deaths in 2016 from such causes were

The Mega Millions jackpot grew to more than $1.6 billion on Aug. 9, 2023. Justin Sullivan | Getty Images There’s finally a winner for the massive Mega Millions jackpot — but the lucky ticketholder may face unexpected pitfalls, experts say. A single ticket sold in Florida matched all six numbers on Tuesday night, marking the

Collectively, Americans now owe more than $1 trillion on credit cards. Total credit card debt rose nearly 5%, or roughly $45 billion, in the second quarter to a new high of $1.03 trillion, according to a new report on household debtfrom the Federal Reserve Bank of New York. Although delinquency rates are still low by

In this article PTON ABT Follow your favorite stocksCREATE FREE ACCOUNT Google Headquarters is seen in Mountain View, California, United States on May 15, 2023. Tayfun Coskun | Anadolu Agency | Getty Images It is a combination that is likely to be highly appealing to many workers: the option to work from home and to