Andersen Ross Photography Inc | Digitalvision | Getty Images Some colleges offer and push financial products to students that can be exploitatively pricey, a new report by the Consumer Financial Protection Bureau finds. “This analysis indicates that hundreds of colleges are paid by financial institutions to market certain products to students,” the bureau writes. “This
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Betsie Van der Meer | Getty If you’re a last-minute holiday shopper still checking off the remaining gifts on your list, beware: You could be putting yourself at risk for fraud. “Procrastination is, quite frankly, one of the keys to success for crooks,” Paul Fabara, chief risk officer at Visa, recently told CNBC. “They assume that
A shopper carries several bags in the Magnificent Mile shopping district of Chicago on Dec. 2, 2023. Taylor Glascock | Bloomberg | Getty Images The U.S. economy has remained remarkably strong but affordability is worse than it has ever been, some social media users say, even when compared to The Great Depression. One of TikTok’s
GlobalStock | Getty Images Workers who turn 62 years old might be tempted to increase their income by claiming Social Security retirement benefits. But those claimants should understand that their Social Security benefits may be temporarily reduced due to the income they earn. That Social Security rule — the retirement earnings test — is “poorly
Maskot | Maskot | Getty Images Both new and used car purchases were expensive for drivers this year, as limited inventory and high borrowing costs affected affordability. “Interest rates have taken such a toll on purchasing power,” said Ivan Drury, director of insights at Edmunds. Yet, consumers might begin to see lower prices in 2024,
Almost half, 43%, of unmarried American adults want to get married in the future, according to a 2022 Harris Poll survey. But only 28% said they want to have a child. This trend has contributed to the growth of a household configuration popularly referred to as DINKs: “dual income, no kids.” “This idea and household
Medianews Group | Getty Images The Powerball jackpot has soared to an estimated $572 million — and the big winner may wonder when the best time is to claim their prize. It’s the fourth Powerball jackpot to exceed $500 million in 2023, and there have been 29 consecutive drawings without a winner. The next Powerball
Jgi/jamie Grill | Tetra Images | Getty Images The IRS is waiving roughly $1 billion in late-payment penalties for millions of taxpayers with balances under $100,000 from returns filed in 2020 and 2021. Some 4.7 million individual taxpayers, businesses, trusts, estates and nonprofit organizations are eligible for the relief, which amounts to about $206 per
Srdjanpav | E+ | Getty Images When it comes to the holidays, there’s one thing most workers don’t want to receive: a pink slip. But that’s exactly what some employees are getting this year. Citigroup is in the midst of layoffs as part of a corporate overhaul. Other companies to recently shed workers include e-commerce
Demonstrators gather during a protest against the expiration of the eviction moratorium outside of the U.S. Capitol in Washington, D.C., U.S., on Sunday, Aug. 1, 2021. Stefanie Reynolds | Bloomberg | Getty Images Renters burdened by unaffordable housing costs may be at a higher risk of dying sooner, according to a new study published in
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