Personal Finance News
- Personal Finance
The current job market is a ‘juggernaut,’ economist says. Here are 6 things to know as a jobseeker
Thomas Barwick | Digitalvision | Getty Images 1. Unemployment is at historic lows The unemployment rate fell to 3.4% in…
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U.S. credit card debt jumps 18.5% and hits a record $930.6 billion
For most Americans, inflation and rising interest rates are a one-two punch. On the heels of another rate hike this…
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IRS about 3 to 5 times more likely to audit Black Americans’ tax returns, study finds
Jeffrey Coolidge | Photodisc | Getty Images Black Americans are roughly three to five times more likely to face an…
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Federal overreach, financial harm: Arguments against student loan forgiveness reach Supreme Court
Douglas Rissing | Istock | Getty Images Plan ‘vastly exceeds’ Heroes Act authority The six states — Nebraska, Missouri, Arkansas,…
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Here’s what the Federal Reserve’s 25 basis point interest rate hike means for your money
The Federal Reserve raised the target federal funds rate for the eighth time in a row on Wednesday, in its continued…
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2022 was the ‘real year of the Great Resignation,’ says economist
andresr | E+ | Getty Images More than 50 million workers quit their jobs in 2022, according to federal data,…
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Wait until 70 to claim Social Security: ‘The return on being patient is huge,’ says economist
Moyo Studio | E+ | Getty Images The first Social Security check was issued 83 years ago. The check, for…
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As some retirees worry about surprises this tax season, these resources may help
Allison Michael Orenstein | Getty Images As the tax season kicks off, seniors may be facing new questions this year.…
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Here’s who can claim the home office deduction on this year’s taxes
Morsa Images | Digitalvision | Getty Images If you worked from home in 2022, you may wonder if you qualify…
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3 key things to know before opening a home equity line of credit
HELOC use rose as cash-out refis dropped Last year, as mortgage rates climbed higher, accessing home equity by taking cash…
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