Wealth Management

Former Gov. Martin O’Malley (D-MD), President Biden’s nominee to be the next Commissioner of Social Security, testifies during his confirmation hearing before the Senate Finance Committee at the Dirksen Senate Office Building on November 02, 2023 in Washington, DC. Kevin Dietsch | Getty Images Three months into his role as commissioner of the Social Security

Woman shopping for groceries in Brooklyn, NY, on September 15, 2023. Paola Chapdelaine | The Washington Post | Getty Images A recession that was in the forecast for 2023 never came to fruition. That has led to optimism that the Federal Reserve can reduce inflation and slow the economy without a recession, in what is

Affordability is the No. 1 issue among college hopefuls. And yet, fewer students are applying for financial aid. Problems with the new Free Application for Federal Student Aid have discouraged many high school seniors and their families from completing an application, experts say. At the current rate, the number of FAFSAs submitted by the end of August will

The Good Brigade | Digitalvision | Getty Images Over the last few years, the Biden administration has repeatedly announced that it was forgiving student debt for small groups of qualifying borrowers. So far, it has canceled the loans for almost 3.9 million people, totaling $138 billion in relief. Those who haven’t qualified for the aid

In this article RDFN Follow your favorite stocksCREATE FREE ACCOUNT Westend61 | Westend61 | Getty Images While inflation is 10 times higher now than 60 years ago, home prices are 24 times more expensive, a new study found. If home prices increased at the same rate as inflation since 1963, the median price of a

  Sturti | E+ | Getty Images Spring, the season when home buying and selling activity kicks off, is around the corner.  Available housing supply is already rebounding: The number of new listings jumped 14.8% from a year ago, the largest annual gain since May 2021, according to new data from Redfin, a real estate

U.S. President Joe Biden speaks at the Pieper-Hillside Boys & Girls Club in Milwaukee, Wisconsin, on March 13, 2024. Sara Stathas | Bloomberg | Getty Images The American Rescue Plan Act of 2021 made student loan forgiveness tax-free at the federal level through the end of 2025. President Joe Biden wants to extend that policy

Chris Wattie | Reuters Economists expect the Federal Reserve to leave interest rates unchanged at the end of its two-day meeting this week, even though many experts anticipate the central bank is preparing to start cutting rates in the months ahead. In prepared remarks earlier this month, Federal Reserve Chair Jerome Powell said policymakers don’t want to ease

Pixelseffect | E+ | Getty Images Some grocery store products are providing less for your money. And everyone from President Joe Biden to Cookie Monster has noticed. Blame shrinkflation. The term — which is increasingly used in conversation — refers to products becoming smaller in size, weight or quantity as their prices stay the same

Momo Productions | Digitalvision | Getty Images WEST PALM BEACH, Fla. — Choosing when to claim Social Security is a decision that can carry big financial stakes for all older Americans, but it’s especially important for women. “It all comes down to longevity,” Mary Beth Franklin, a certified financial planner and Social Security expert, said