A customer holds a fuel nozzle at a Shell gas station in Hercules, California, U.S., on Wednesday, June 22, 2022. President Joe Biden called on Congress to suspend the federal gasoline tax, a largely symbolic move by an embattled president running out of options to ease pump prices weighing on his party’s political prospects. Photographer:
Personal finance
Getty Images Exchange-traded funds came in third among the top 10 investment products to grow in popularity with U.S. households from 2020 to 2022, according to a new survey. While individual stocks were the most commonly owned investment product, held by 43% of households in 2022, 18% of households invested in ETFs in the same
Araya Doheny | Getty Images When Dave Bernstein, 87, started working at the U.S. Postal Service in February 1970, he was making $2.35 an hour. To supplement his income, he also took on other work. Years later, Bernstein decided in 1992 to take a voluntary retirement. “We knew there was going to be a reduced
Nosystem Images | E+ | Getty Images Many older women outlive their spouses and may not expect higher future taxes after suffering from the loss. But there are ways to prepare, according to financial experts. American women have a significantly higher life expectancy than men, according to data from the Centers for Disease Control and
Feeling “rich” is increasingly elusive. Even among millionaires, only 8% would characterize themselves as wealthy these days. Roughly 60% of investors with $1 million or more of investable assets said they are more likely upper middle class, according to a recent Ameriprise Financial survey of more than 3,000 adults. To that point, 31% consider themselves
Klaus Vedfelt | Digitalvision | Getty Images Travel was expensive and busy in 2023, leading jetsetters to seek out cheaper, less-trodden alternatives to popular hot spots. It’s a great way to save money on trips heading into 2024, according to experts. This concept — seeking out cheaper duplicates, or “dupes,” of pricey products — was
After the Supreme Court rejected President Joe Biden’s sweeping forgiveness plan earlier this year, the president announced a series of other relief measures for student loan borrowers. Already, Biden has managed to erase $127 billion in education debt for more than 3.5 million borrowers, largely through Public Service Loan Forgiveness and income-driven repayment plans. The most beneficial so
Arik Armstead of the San Francisco 49ers at the NFC Championship game against the Philadelphia Eagles on Jan. 29, 2023. Kevin Sabitus | Getty Images Sport | Getty Images It’s no secret that professional athletes are often higher earners — but one football player revealed his pay stub on social media to show how much
While Americans’ credit card debt levels have reached a record high of more than $1 trillion, their overall credit health has remained strong, according to a report from credit scoring company VantageScore. Even with inflation, rising interest rates and concern about the overall economy, U.S. consumers still have room to spend. “The consumer is not
Jobseekers wait in line at a Nov. 2, 2023 career fair in Los Angeles. Frederic J. Brown | Afp | Getty Images The job market continues to show signs of cooling, but alarm bells aren’t ringing just yet, economists said. The U.S. economy added 150,000 jobs in October, the U.S. Bureau of Labor Statistics reported
Morsa Images | Digitalvision | Getty Images Retiring early is out and “soft saving” is in — at least according to Gen Z. Younger American adults are taking a more relaxed approach to their long-term financial security, a recent Prosperity Index study by Intuit found. In the current climate, newly minted adults between the ages of
Matt Le Blanc as Joey Tribbiani, Matthew Perry as Chandler Bing, Jennifer Aniston as Rachel Green and Courteney Cox as Monica Geller on NBC’s “Friends.” NBC | Getty Images Matthew Perry, the beloved actor best known for his role as sarcastic, wise-cracking Chandler Bing on the sitcom “Friends,” died Saturday at age 54. He left