Kate_sept2004 | E+ | Getty Images It will soon be the Year of the Rabbit, according to the Chinese calendar, but it might as well be the year of the new job. A whopping 96% of workers are looking for a new position in 2023, largely in search of better pay, according to a recent
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If you haven’t shopped for a car lately, brace for sticker shock. Not only are vehicle prices at an all-time high, but the interest rate to finance a purchase has also jumped dramatically. A record 15% of new car buyers who financed a new car last quarter committed to a monthly payment of more than
David Paul Morris/Bloomberg via Getty Images Inflation popped in 2022 to a level unseen in four decades. But prices ballooned more rapidly for certain items than others, largely concentrated among food, fuel and airfare. Some of those swings were due to outlying factors that extended beyond broad inflationary pressures such as snarled supply chains, labor
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images Earlier this week, JPMorgan Chase shut down college financial aid platform, Frank, which it acquired in
Bill Oxford | E+ | Getty Images Despite falling inflation, many Americans are still struggling financially and will need their annual tax refund to help cover the basics. Some 30% of Americans overall say they will rely on their tax refund to make ends meet, according to a survey released Wednesday by Credit Karma, which
Activists hold a student loan forgiveness rally near the White House on April 27, 2022. Anna Moneymaker | Getty Images News | Getty Images Although they call President Joe Biden’s student loan forgiveness plan “unlawful,” two university law professors are urging the Supreme Court to reject the legal challenges that have been brought against it.
Hobo_018 | E+ | Getty Images New government inflation data shows the measurement used to calculate Social Security annual cost-of-living adjustments was up 6.3% for the past 12 months as of December. That’s as this year’s 8.7% COLA kicks in for more than 65 million Social Security beneficiaries this month. That new data indicates Social
Mykhailo Polenok / Eyeem | Eyeem | Getty Images After another challenging year for the IRS in 2022, the agency may be primed for a better 2023 tax season — but improvements may take time. The National Taxpayer Advocate on Wednesday released its annual report to Congress covering last year’s biggest issues at the IRS,
Valentinrussanov | E+ | Getty Images The Biden administration rolled out a new proposal this week to dramatically lower monthly payments for some federal student loan borrowers. If and when the overhauled income-driven repayment plan becomes available, some people could see their bills decrease by as much as a half, according to the U.S. Department
Tim Robberts | Digitalvision | Getty Images Starting this month, more than 65 million Social Security beneficiaries will receive benefit checks that include a record-breaking 8.7% cost-of-living adjustment. Social Security benefits are slated to increase by more than $140 per month on average, according to the Social Security Administration. related investing news 2023 will be