personal finance

The Fed raised its benchmark interest rate by half a percentage point, its most aggressive move in more than two decades. Here’s why and how that may impact your wallet

“Children need to learn from a very early age that money is not a scary concept,” said Debra Kaplan, a licensed therapist, author and speaker.

Student loan borrowers who’ve been uncertain of the future of their debt for years will likely soon get an answer.

Making higher earners pay more into Social Security is a popular idea with many Americans. Here’s how such a change could work.

If you missed the April 18 tax deadline, you may cut back on penalties by filing your return promptly. Here’s everything late filers need to know.

For most Americans, a tax refund is an opportunity to shore up a safety net. If your savings is on track, put a portion toward something that makes you happy.

Americans are being squeezed in core areas of their budgets. But there are some things consumers can control.

Efforts are afoot to reduce the impact of unpaid medical debt on consumers, yet more could be done, advocates say.

The latest consumer price index data has overall inflation up by 8.5% since last year.

Here’s how much prices for certain grocery items rose between Feb. 2021 and Feb. 2022, according to data from Basket and the Consumer Price Index.

People plan to trim spending on food, driving and vacations to keep up with inflation, according to CNBC + Acorns Invest in You survey.

Here are five ways to shield yourself from sticker shock at the supermarket as food prices continue to rise.

A great hack to jumpstart your retirement savings: open a 401K through your job and start your own Roth IRA account. If you’re young, the best time to start funding your retirement is now, we explain in the latest installment of our “Surviving Capitalism” series.

When Congress eventually takes steps to repair Social Security’s solvency, it may raise the retirement age. Here’s what that could mean for benefits.

As the Fed tries to pump the brakes on inflation, it will get more expensive to borrow. Here’s how to prepare.

Millions of people are quitting their jobs each month, while job openings are near record highs and layoffs are low. But the labor trend may have plateaued.

Leila Kartforosh was doing important Covid-19 research as a microbiologist, but she wasn’t happy and decided to make a career change.

As mortgage interest rates spike, it costs more to buy a home. Whether renting or owning, many people waste money on housing, says a Harvard-trained economist.

Tax Day is just weeks away, and for many Americans it will be the first time they answer questions about cryptocurrencies on their tax returns.

Setting up your first budget may seem daunting, but it’s actually really simple! Here are a few quick tips to help college students set up their first budget.