House Republicans have introduced a proposal for a temporary $4,000 tax deduction aimed at seniors, as part of their “One, Big, Beautiful” tax bill. The deduction is positioned as a more cost-effective alternative to eliminating taxes on Social Security benefits.
The U.S. Department of Education has revealed a backlog of nearly 2 million income-driven repayment (IDR) plan applications, leaving federal student loan borrowers in limbo as they await approval or denial of their requests.
The delinquency rate for student loan balances has surged following the resumption of federal loan collections, raising concerns over broader financial instability, according to a recent report from the Federal Reserve Bank of New York.
Moody’s Investors Service downgraded the U.S. sovereign credit rating from Aaa to Aa1 on Friday, citing the growing burden of the federal government’s budget deficit. The move is expected to lead to higher borrowing costs for consumers across a range of financial products.
A growing number of Americans are unprepared for the high costs of long-term care, which experts say can exceed $100,000 and remain largely uncovered by health insurance or Medicare.
Following a five-year pause, the Trump administration announced on April 21 the resumption of collection efforts on defaulted federal student loans, including wage garnishment, tax refund seizures, and reductions to Social Security benefits.
As property taxes continue to rise across the U.S., experts advise that appealing an inaccurate assessment may result in substantial long-term savings for homeowners.
Recent college graduates are entering a job market marked by rising unemployment, fewer openings, and heightened competition, according to recent data and labor market experts.
The U.S. economy remains in a “strong position” according to the Federal Reserve, but risks of stagflation—marked by high inflation, rising unemployment, and slowed growth—are mounting, officials and analysts warn.
Social Security recipients who have defaulted on federal student loans may soon see a reduction in their monthly benefits, as the Trump administration resumes involuntary collection efforts.
Democratic Senator Raphael Warnock is raising concerns over proposed Medicaid work requirements, warning they could strip health-care coverage from millions of Americans.
The Social Security cost-of-living adjustment (COLA) for 2026 is currently projected to be the lowest increase in five years, with early estimates pointing to a 2.4% rise in benefits, according to projections by policy analyst Mary Johnson and The Senior Citizens League.
The Federal Trade Commission (FTC) has issued a new rule requiring ticket sellers to display total prices — including all mandatory fees — upfront, a move experts say increases transparency but is unlikely to reduce overall costs for consumers.
House Republicans have officially launched debate over a sweeping tax package aligned with former President Donald Trump’s priorities, with key discussions centering on the state and local tax (SALT) deduction cap and expansion of the child tax credit.
A technical glitch at Fidelity Investments prevented thousands of customers from accessing their accounts on May 12 as U.S. markets surged following news of temporary tariff cuts between the U.S. and China.
The average effective tariff rate on U.S. imports stands at 17.8%, the highest since 1934, despite recent trade agreements with China and the United Kingdom, according to a report released on May 12 by the Yale Budget Lab.
The traditional 60/40 investment portfolio — long considered the standard for balanced asset allocation — may no longer provide adequate diversification, according to BlackRock CEO Larry Fink.
Amid rising economic pressures and renewed inflation concerns, a growing number of Americans are turning to social media-driven savings strategies such as “no buy,” “low buy,” and “slow buy” to manage their finances.
As tariff-related uncertainty fuels stock market swings, financial experts are recommending a time-tested strategy to help protect retirees' savings: the bond ladder.
Despite a resilient job market, Americans seeking new employment are finding fewer opportunities, economists say, as hiring slows to its lowest rate in over a decade.
The Internal Revenue Service (IRS) has lost nearly one-third of its tax auditors as part of staffing reductions linked to the Department of Government Efficiency (DOGE), according to a new Treasury watchdog report released May 2.
Amid renewed concerns over inflation linked to former President Donald Trump’s tariff policies, financial advisors report a growing interest in Series I bonds, which currently offer a 3.98% annual return through October 31.
On Tuesday, the Senate confirmed Frank Bisignano as the new commissioner of the Social Security Administration (SSA), finalizing a key appointment under the Trump administration's Department of Government Efficiency (DOGE).
The Trump administration will begin garnishing the wages of 5.3 million federal student loan borrowers in default later this summer, marking a significant escalation in collection efforts after a five-year pause.
The Social Security Administration (SSA) has reduced its default benefit clawback rate from 100% to 50% for certain recipients, following criticism of the financial hardship the full withholding imposed. Experts warn the revised policy may still have severe consequences for vulnerable beneficiaries.
The Social Security Administration (SSA) plans to roll out digital access to Social Security numbers as early as this summer, offering an alternative to the traditional paper Social Security card.
A major 401(k) update for 2025 will allow eligible workers aged 60 to 63 to make significantly larger “catch-up” contributions, raising the total annual deferral limit to $34,750.
The IRS has announced higher contribution limits for health savings accounts (HSAs) for 2026, increasing thresholds for both individual and family coverage as part of its annual inflation adjustments.
Millions of older workers were displaced during the early months of the COVID-19 pandemic, but five years later, changing workplace dynamics are creating new opportunities for career longevity.
Investors reaping profits from gold’s recent rally may face an unexpected tax surprise, as popular gold exchange-traded funds (ETFs) are subject to a higher federal tax rate on long-term capital gains.
Despite rising concerns over the future of Social Security, financial experts continue to advise most Americans to wait before claiming retirement benefits, citing the long-term advantages of delaying.
Investors hoping to improve their financial outcomes should focus less on finding the next big winner and more on avoiding common mistakes, says Barry Ritholtz, author of "How Not to Invest," published on March 18, 2025.
As stock markets reel from heightened volatility linked to tariff announcements, many investors are retreating to cash — but financial advisors caution that doing so may come at a cost over time.
Massachusetts Institute of Technology (MIT) has been named the No. 1 "dream school" for college-bound students in 2025, overtaking Harvard University for the first time, according to The Princeton Review’s latest College Hopes and Worries Survey.
With gold prices surging to historic highs, many Americans are cashing in on estate jewelry and heirlooms. But while the market presents an opportunity, financial experts urge sellers to proceed carefully.
A new Pew Research Center analysis reveals that three California metro areas have the highest concentrations of young adults living with their parents in the United States.
Periods of high volatility in the stock market are often followed by strong returns, according to new analysis from the Wells Fargo Investment Institute.
A growing number of Americans are more concerned about running out of money than about death itself, according to multiple recent surveys. The anxiety was most pronounced among Gen Xers.
Stock market declines triggered by new U.S. tariffs have prompted Americans to reconsider their financial strategies, as advisors urge investors to remain steady.
The Department of Homeland Security has reinstated the legal status of thousands of international students whose visas were previously revoked, according to reports released Friday.
There are kind-of-fun games, there are good games, there are great games and then there are the best of the best. Check out our curated list of the top 3 games that have stood the test of time.
From "The Last Of Us" to "Tetris," here is an exhaustive list of games that have and will likely continue to stand the test of time. Go through this list of 10 timeless games we've curated for you and decide which one is your favorite.
Tina's life unravels when she notices a birthmark on her best friend Megan's adopted son that's identical to the one her deceased son had. As she struggles to understand this impossible coincidence, Tina uncovers a harrowing truth.
For Brian, the people around him don't deserve respect. To him, being a flight attendant, waiter, or driver is suited only for lesser beings. But his arrogance is about to jeopardize his lavish lifestyle. A single encounter with a driver will change his life forever.
Laura wakes up after a business trip and notices that her daughter is missing. She starts searching for her daughter. Ten years later, the daughter appears on their doorstep and tells the whole truth.
For nearly a month, Julia has struggled to accept her son's passing. Unexpectedly, she receives a message from her son's phone that reads, "Help! I'm sending a geolocation!" This sparks a glimmer of hope in Julia, as she never witnessed her son's body.
A man mocks his unemployed wife for doing nothing at home and returns one evening only to find her missing. As he searches for her, he stumbles upon a note and learns his wife was taken away in an ambulance and wants to divorce him...
Joe returns home with his fiancée after taking his mom to a nursing home only to find his suitcases on the doorstep and another family moving in. His mother has tricked him, but he soon realizes she did it to protect him from a more sinister threat.
Miriam discovers her husband's wedding ring hidden in his closet drawer and realizes he's been removing it before work, so she follows him. Miriam is heartbroken when he takes the bus to a young woman's house in a strange neighborhood instead of the usual office bus...
"What is this? Some old, cheap ring in a pathetic-looking box? You were greedy then, and you'll always be! Out from my wedding!" Emma hissed at her poor old granny when she Emma her a small red box. The young woman threw it away in disgust, but when the box clicked open, she stood back in shock...