Personal finance

Natnan Srisuwan | Moment | Getty Images “Skiplagging” is a money hack for travelers looking to save on airline tickets — but travel experts warn the practice comes with big risks. Also known as “hidden city ticketing,” the practice is a way to leverage a quirk in airfare pricing. Here’s the basic concept: Rather than

Voronchuk Daria | Istock | Getty Images Last summer, Sherry Gui brought a date to her local bar in Manhattan. Gui, a law school student, had been going to the establishment for three years, and was friends with the bartenders and staff. When the evening ended, the guy picked up the check, which she was

Students at Wesleyan University Joanne Rathe | The Boston Globe | Getty Images In the wake of Supreme Court’s ruling on affirmative action admission policies, Wesleyan University announced on Wednesday that it will end its policy of giving preferential treatment to legacy students. “We still value the ongoing relationships that come from multi-generational Wesleyan attendance, but there

The Powerball jackpot has reached $1 billion by July 19, 2023. Scott Olson / Getty The Powerball jackpot has ballooned to an estimated $1 billion, raising the stakes for the next drawing at 10:59 p.m. ET on Wednesday night. It’s the third-biggest prize in the game’s history — falling behind the record $2.04 billion jackpot

Supporters of student debt forgiveness demonstrate outside the U.S. Supreme Court on June 30, 2023, in Washington, DC. Olivier Douliery | AFP | Getty Images If you’re expecting debt cancellation from the latest round of student loan forgiveness, there’s good news: It won’t trigger a federal tax bill. The Biden administration on Friday announced a

First tip prompts, now surcharges. These fees, which typically range between 3% and 5%, are catching on at restaurants across the country. They may cover health insurance, inflation, credit card transactions or even tap water. Similar to ’tipflation,’ the extra expenses can add a significant amount to the cost of dining in or carrying out. More

Supreme Court justices listen to arguments. Artist: Bill Hennessey When the Supreme Court struck down the Biden administration’s student loan forgiveness plan at the end of June, it dealt a crushing blow to the president as he runs for reelection and to the tens of millions of Americans who were promised the financial relief. Unsurprisingly,

While the thought of funding your retirement adequately might be daunting, if you start planning now, you’ll certainly be thankful later. It’s never too early to start thinking about retirement and it might not be as difficult as you think. Retirement usually entails replacing your annual salary from a workplace with other income sources to

Jose A. Bernat Bacete | Moment | Getty Images Airfare to Europe hit an all-time high this summer. But those dissuaded by the sticker shock can still travel overseas in coming months and cut costs by perhaps hundreds of dollars a ticket. Flying to Europe from the U.S. during the fall “shoulder season” — in

Jetcityimage | Istock | Getty Images As inflation falls, investors are weighing whether to buy or sell Series I bonds amid other competitive options for cash. Annual inflation rose by 3% in June, the smallest 12-month jump since March 2021, and a hefty pullback from 9.1% in June 2022, according to the U.S. Bureau of Labor

Drazen Zigic | Istock | Getty Images As the rate of inflation continues to fall, Social Security beneficiaries may expect to see a much lower cost-of-living adjustment for 2024. The Social Security COLA may be 3%, according to a new estimate from The Senior Citizens League, a non-partisan senior group, based on new consumer price

Asiavision | E+ | Getty Images The Covid-19 pandemic separated the haves from the have-nots when it comes to finances. Research shows that trend is continuing when it comes to debt, particularly credit cards. More than one-third of Americans — 35% — say they are carrying their highest level of debt ever or close to