Most expensive US cities to raise kids in 2024 revealed
On average, a household with one child experiences a 40% increase in annual living costs, while having two children raises costs by a substantial 70%, the study found.
How much you need to make to afford a single-family home in most US cities
Housing costs rose to record numbers in 2024.
Credit card debt surges to another record high, New York Fed data shows
Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.
How much it costs to host Thanksgiving in 2024
Inflation and rising food costs are prompting some hosts to alter their plans, cut back on certain expenses or even reconsider hosting next year, according to a new survey.
Nearly half of Americans say debt is affecting their health: Study
A new study reveals that household debt is increasingly becoming a source of stress for many Americans.
IRS increases 401(k), other retirement plan contribution limits for 2025
The IRS has updated its eligibility thresholds and contribution limits for 401(k), IRA and other retirement accounts.
New rules could make it easier to switch banks
A new banking rule would make it easier to switch banks or lenders, but it’s already facing pushback from the financial industry.
Inflation gauge falls to lowest level in 3 1/2 years
Inflation has improved over the past two years after supply chains recovered from disruptions from the pandemic and the Federal Reserve raised its key interest rate.
Biden administration forgives $4.5 million in student debt for 60,000 borrowers
The Biden administration announced over $4 million in funding for borrowers who have met PSLF requirements.
Seniors to get moderate cost of living bump in Social Security payments next year
The Social Security Administration announced 2025's cost of living adjustment (COLA) to Social Security checks.
Inflation sees the lowest annual rise since 2021
The Consumer Price Index (CPI), the main measure of inflation, increased 0.2% in September, a similar increase consumers saw in August and July, the Bureau of Labor Statistics reported.
Here’s how much money is needed to be considered middle class in every state
Income levels required to be considered middle-class varied significantly depending on where a person lived, according to the new study.
Taxpayers in these 24 states will be able to file their returns directly with the IRS
The IRS is expanding its Direct File program to 30 million taxpayers in 24 states for the 2025 tax season. Learn more about the new eligibility standards and participating states.
Private student loan interest rates rise for 5-year terms and dip for 10-year terms
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
This is how much money it costs to have a baby in 2024
The journey of bringing a new life into the world is filled with love and anticipation, but comes with financial considerations. From the hospital to childcare, here’s a look at some of the costs.
Moms lose average of $9,500 on maternity leave, survey reveals
Women reported taking about 11 weeks of maternity leave on average, and 25% took six weeks or less.
US could lose all bank branches by 2041 as closures surge, financial report finds
A new financial report predicts that physical bank branches in the U.S. could disappear by 2041 if current trends continue, with over 1,600 closures per year. California, Florida, and Illinois have seen the highest number of closures as Americans increasingly turn to online banking options.
Maryland city will pay you $20,000 to move there
A city in Maryland is offering a $20,000 incentive to get new residents to move there.
Survey reveals Americans' 2 biggest financial regrets
Amid ongoing inflation, a new survey found that the majority of Americans have financial regrets. Here's what they are.