With Social Security due to reach a funding shortfall in six years, more lawmakers are opening up to the idea of taxing high earners to help fund the program. Read the original report.
Personal finance
The U.S.-Iran war has caused oil prices to surge and added to freight stress from tariffs, but no shipping trade has boomed quite like crude oil tanker futures. Read the original report.
Even with soaring price tags, a growing number of private colleges are in financial distress. Read the original report.
Bond volatility and rising rates have some investors looking beyond traditional bonds for income, from alternative fixed income to stocks and other strategies. Read the original report.
Inflation remained stubbornly high in August, largely on the back of higher energy prices amid the Iran war, economists said. Read the original report.
New government inflation data points to a higher Social Security cost-of-living adjustment for 2027. Here's what experts estimate the change may be. Read the original report.
As the Trump administration ramps up pressure on the Federal Reserve, consumers may be better served if senior officials back off, experts say. Read the original report.
With stocks near all-time highs and bonds selling off, it's likely a good time for investors to consider rebalancing to their target risk, advisors said. Read the original report.
With elevated prices for crude oil, a major component of gasoline, the price at the pump is higher than it's ever been for the holiday weekend. Read the original report.
More employers are automatically enrolling workers into health savings accounts and paying contributions like a "match." Read the original report.
Individuals may generally use Medicaid, insurance or their own funds to pay for long-term care in retirement. Here's what experts say about those choices. Read the original report.
The bond market is in a sell-off with government debt and deficits rising, and interest rates and inflation spooking investors. But income is still critical. Read the original report.
Retirement account balances rose in the second quarter amid market gains, according to Fidelity. At the same time, more savers tapped their accounts for cash. Read the original report.
The Treasury has proposed regulations that would strip thousands of private schools of their tax-exempt status and threaten a valuable tax break for donations. Read the original report.
When the U.S.-Canada trade war erupted, the market repriced metals and materials stocks and ETFs, but longer-term investors should be wary. Read the original report.
Eligible children with Trump Accounts will start receiving the $250 Dell gift this week, according to the Dell Foundation. Read the original report.
The share of used cars listed at under $20,000 has dropped from pre-pandemic levels against a backdrop of high inflation. Read the original report.
Traveling during the shoulder season has traditionally been a reliable way to save money on many destinations. But those savings are dwindling. Read the original report.
To help fund Trump Accounts, American Airlines said it will match the federal $1,000 contribution for employees' children. Read the original report.
New estimates show the Social Security cost-of-living adjustment for 2027 may be up to 3.6%. Retirees may benefit from the boost even if they wait to claim. Read the original report.
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