Report: Millennials have gained wealth faster than their parents did at same age
Inflation-adjusted wealth for younger Americans surged 49% since right before the COVID-19 pandemic.
Fed to cut interest rates next month - with consequences for debt, mortgages, auto loans, and more
The chair of the Federal Reserve announced Friday that rates will start coming down next month - and even steeper rate cuts are possible afterwards.
Michigan's new minimum wage - here's what it could go up to as state seeks clarification
The high court's monumental decision reviving the Wage Act will have big implications for the minimum wage next year.
Gen Z cynical about future as majority call cost of living the number one election issue
Gen Z young adults are "struggling to remain optimistic" about their economic futures, a new report says, as rising costs of living and unaffordable housing prices make them re-evaluate their dreams.
The most and least affordable metros to raise kids, and one state parents should avoid: Report
An analysis by Creditnews Research detailed the most and least affordable metropolitan areas in the United States to raise a family amid high inflation.
Inflation eases in July, but these cities are dealing with the worst of it: Study
Inflation fell in July to the lowest level in more than three years.
2025 Social Security COLA increase: What we know
Social Security recipients are expected to see an increase in their monthly benefits next year and here’s what you need to know.
Cash App settlement: How to submit a claim for up to $2,500
If you’ve used Cash App in the last six years, you may be eligible for up to $2,500 as part of a class-action settlement over security breaches.
Some Americans to receive rare second Social Security payment in August
Here's why some Social Security recipients will receive two checks in August.
Americans owe record $1.3 trillion in credit card debt
Credit card debt has reached record levels in the U.S., a troubling sign that consumers are increasingly relying on credit cards to cover everyday costs.
Economist urges Fed to meet 'now' to cut rates as stocks tumble: It's a 'frightening time'
Economist Stephen Moore urged the Federal Reserve to address falling commodity prices and shift from inflation concerns to deflation, while Fed Chairman Jerome Powell indicated a potential rate cut if inflation cools, amidst a market meltdown driven by recession fears.
Wall Street tumbles Monday amid global fears of U.S. economy slowing
The S&P 500 was down by 3.1% in morning trading, coming off its worst week in more than three months. The Dow Jones Industrial Average was down 956 points, or 2.4%, as of 10:10 a.m. Eastern time, and the Nasdaq composite slid 4%.
Study ranks US states with most financially-distressed residents
WalletHub's recent study reveals the U.S. states with the most financially-distressed residents, highlighting surprising trends and economic struggles. Michigan tops the list, followed closely by Texas and Nevada.
The economy is young voter's top issue in Michigan, other swing states this election
A poll of young voters ahead of the 2024 election found one issue dominated all others when they considered who they want for president.
Scammed? The BBB has a survival guide ready to help
More people are targeted every day by scams - and some fall victim. Here's a tool for what to do after that happens.
Federal Reserve sees progress with inflation, hinting that a rate cut is near
The Federal Reserve said progress was made to lower inflation, suggesting that the central bank is moving closer to cutting its key interest rate for the first time in four years.
US national debt tops $35 trillion, hitting new record
The U.S. gross national debt hit $35,001,278,179,208.67 on Monday, according to the Treasury Department.
US economic growth increased last quarter to a healthy 2.8% annual rate
The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates.
Great Resignation 2.0 could be on the horizon, with 3 in 10 workers planning to quit in 2024, survey shows
Low pay, desire for better benefits and search for less stressful work are some reasons behind the shift.
New 401(k) rule makes it easier to tap savings for emergencies
A new law has made it easier for Americans to tap their 401(k)s and other retirement accounts for emergency funds as they continue to battle high inflation.