Personal finance

Synthetic-exposition | Istock | Getty Images The standard monthly premium for Medicare Part B will increase by $9.80 per month in 2024, according to the Centers for Medicare and Medicaid Services. That means the standard monthly premium will go up to $174.70 in 2024, an increase from $164.90 in 2023. The new rate is in

Without broad-based student loan forgiveness, some colleges have a new strategy to keep students from drowning in debt.   Roughly two dozen schools have introduced “no-loan” policies, which means they are eliminating student loans altogether from their financial aid packages. “College is expensive — we have to make sure we keep it accessible,” said Nicole

Inverse Couple Images | Moment | Getty Images Consumers have been hearing a lot about inflation in the U.S. economy since early 2021, and rightfully so. At their pandemic-era peak, consumer prices were rising faster than at any point in 40 years. But the dynamic seems to have shifted. Inflation has been declining gradually, which

Creatas | Creatas | Getty Images Before the pandemic, the federal student loan system caused borrowers frustration and confusion. As the Biden administration resumes payments this month for some 40 million Americans after more than a three-year reprieve, the situation has been especially difficult. Borrowers describe receiving incorrect bills and spending hours on the phone

Kate_sept2004 | E+ | Getty Images Despite economic uncertainty, it’s still possible to build and preserve generational wealth, experts said Thursday at CNBC’s Financial Advisor Summit.   “There’s a real chance of a soft landing” for the economy, said Mel Lagomasino, CEO and managing partner of WE Family Offices, which has locations in New York City

Fg Trade Latin | E+ | Getty Images Social Security beneficiaries are set to receive a 3.2% increase to their benefits in 2024 based on the annual cost-of-living adjustment, the Social Security Administration announced on Thursday. The change will result in an estimated Social Security retirement benefit increase of more than $50 per month, on

Prospective buyers visit an open house for sale in Alexandria, Virginia. Jonathan Ernst | Reuters The housing market is dealing with a number of “tricky” dynamics, according to Tracy Kasper, the president of the National Association of Realtors. “What we’ve experienced over the last probably 12 to 18 months is what I really like to

Jozef Polc / 500Px | 500Px Plus | Getty Images Social Security beneficiaries will see a 3.2% boost to their benefits in 2024, the Social Security Administration announced on Thursday. The annual cost-of-living adjustment for 2024 will affect more than 71 million Social Security and Supplemental Security Income beneficiaries. These benefit adjustments are made annually

Getty Images Given record-high interest rates, now is not the time to be taking on more credit card debt. The Federal Reserve is expected to further hike interest rates before the end of the year, and the average credit card interest rate is already at an all-time high. The average rate for existing accounts is

Shoppers along the Magnificent Mile shopping district in Chicago on Aug. 15, 2023. Jamie Kelter Davis | Bloomberg | Getty Images A recession has been in the forecast for much of 2023. Yet an economic downturn — formally defined as two consecutive quarters of declining GDP growth — has yet to happen. “A recession is

Aldomurillo | E+ | Getty Images Over a year ago, the Supreme Court overturned Roe v. Wade, the landmark 1973 case that paved the right to abortion, leaving millions of women grappling with the fallout — and Latinas are particularly likely to be affected. Lea este artículo en español aquí. More than three million Latinas who

Spencer Platt | Getty Images The new war between Israel and Palestinian militant group Hamas has brought more uncertainty to the markets. While stocks shook off the conflict in Monday afternoon trading, financial experts say investors should stay the course amid elevated volatility risks. “Stay calm, think long term and look for some bargains,” said

Maskot | Maskot | Getty Images A new proposal by the U.S. Department of the Treasury would make it easier for consumers to get a tax credit when buying a new or used electric vehicle, according to tax and energy experts. Its proposed rules, issued Friday, would let car dealers offer the EV tax break

Kaiser Permanente employees, joined by Union members representing the workers, walk the picket line in Los Angeles on Oct. 4, 2023. Frederic J. Brown | AFP | Getty Images As 2023 proves to be a massive year for worker strikes, the push to provide people on the picket line with unemployment benefits is also heating

Sonoma State University Courtesy: Sonoma State University To help make college a reality, Sonoma State University is trying a relatively new approach: High school students who have completed the requisite coursework and have a minimum 2.5 high school GPA are now “guaranteed admission” to the Rohnert Park, California-based school. “We really wanted to provide a more

DjelicS | Getty If you filed a tax extension for more time on your 2022 return, the deadline is fast approaching. The federal tax extension deadline on Oct. 16 is the last chance to avoid a late filing penalty, according to the IRS. However, some filers in disaster areas may have additional time. “The best

Luis Alvarez | Digitalvision | Getty Images Some lawmakers and regulators are calling for interest rate caps and lower fees on credit cards as debt levels march higher. Total credit card debt topped $1 trillion in the second quarter of 2023 for the first time ever. The average interest rate for all cardholders jumped to

Marjorie Bloom was the victim of a “tech support” scam. She lost $661,000 in the fraud. Marjorie Bloom In the spring of 2021, Marjorie Bloom waited for a phone call that would never come. Over the course of the previous month, the retiree had wired hundreds of thousands of dollars into cryptocurrency per the suggestion

Astra Taylor Courtesy: Astra Taylor Early on in Astra Taylor’s new book, “The Age of Insecurity: Coming Together as Things Fall Apart,” she tells a story set in the Brooklyn café where her sister worked until recently. On a quiet day, one of the baristas was talking with a regular customer, a specialist in medieval history,

In this article TGT AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon‘s Prime Big Deal Days, kicks off Oct. 10, but competitor sales are already underway. This year, other big-name retailers are getting a head start by launching their own holiday sales earlier than ever, according to Katie Roberts, consumer analyst with DealNews.com. Consider it “the