Artiemedvedev | Istock | Getty Images The average tax refund is 11.1% higher so far this season, compared with about the same period in 2025, according to the latest IRS filing data. As of April 3, the average refund amount for individual filers was $3,462, up from $3,116 about one year ago, the IRS reported on Friday. The IRS…
A customer pumps gas into their vehicle on Oct. 24, 2025 in Miami, Florida. Joe Raedle | Getty Images The Social Security cost-of-living adjustment for 2027 could climb higher as new government data shows a jump in inflation and gasoline prices, according to one new estimate. The cost-of-living adjustment, or COLA, could be 3.2% in…
Consumer confidence plunged to a record low in April as fears mounted over rising energy prices and the broader impact of the Iran war, according to a University of Michigan survey Friday. The university’s headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record. Current conditions and expectations…
Gasoline prices are displayed at a Sunoco station in the Brooklyn borough of New York City, U.S., March 31, 2026. Shannon Stapleton | Reuters Inflation spiked in March as the Iran war pushed up gasoline and other prices for consumers. The consumer price index, a key inflation measure, rose 3.3% in March from a year…
Simpleimages | Moment | Getty Images Every year, married couples decide whether to file taxes jointly or separately. That choice could affect their 2025 taxes in new ways amid changes enacted in President Donald Trump‘s “big beautiful bill.” Generally, the tax code favors the “married filing jointly” status, which combines a couple’s income, credits and…
A man shops for butter at a supermarket in Houston, Texas, on March 17, 2026. Ronaldo Schemidt | AFP | Getty Images Consumer prices spiked in March as the Iran war sent energy costs soaring and took the Federal Reserve further from its inflation target, according to a Bureau of Labor Statistics reported Friday. Underlying…
Vista House, a private home in Westlake, Georgia, sponsored by Vista Global during the Masters. Credit: VistaJet A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Private jet companies are rolling out…
The U.S. Department of Justice has opened an investigation into the NFL over potential anticompetitive tactics, a government official told CNBC. The investigation stems from questions about “affordability for consumers and creating an even playing field for providers,” the official said. The government’s investigation comes as the NFL is looking to renegotiate media rights deals…
An American Airlines plane is parked at a gate at the LaGuardia Airport in New York City, U.S., Nov. 18, 2025. Kylie Cooper | Reuters American Airlines joined other airlines in raising its bag fees Thursday, but the luggage will be even more expensive for customers who buy basic economy tickets. United Airlines, JetBlue Airways,…
Kia plans to release a pickup truck for American consumers in the coming years, as the South Korean automaker plots continued growth domestically and globally. The company said Thursday it will add a pickup truck that includes hybrid variants by 2030 as a major expansion of its brand into the highly lucrative U.S. market. At…