For many young Americans, dating is becoming as much about finances as it is romance. Half of single Americans surveyed said they are going on fewer dates or choosing less expensive activities because of rising costs, according to BMO Financial Group’s 2026 BMO Real Financial Progress Index. The bank polled 2,501 adults in late December through…
Ryan Mckeever | E+ | Getty Images Move over, Sephora kids. While younger generations have been buying beauty products in droves, data shows that a different generation holds more spending power: Generation X. Often dubbed the “forgotten generation,” Gen X spans those born between 1965 and 1980, according to Pew Research Center. Sandwiched between baby…
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the Federal Reserve in Washington, D.C., U.S., March 18, 2026. Kevin Lamarque | Reuters Federal Reserve Chair Jerome Powell is likely in his final weeks at the central bank helm and now faces…
Liubomyr Vorona | Istock | Getty Images The average tax refund is 11.3% higher so far this season, compared with about the same period in 2025, according to IRS filing data through Tax Day. As of April 17, the average refund amount for individual filers was $3,275, up from $2,942 about one year ago, the IRS reported on Friday….
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines‘ future is hanging in the balance over the next week as President Donald Trump said the government could bail out the…
A shopper carries a Hollister bag at a shopping mall in Dayton, Ohio, Oct. 21, 2025. Kyle Grillot | Bloomberg | Getty Images The Federal Reserve is on the cusp of a “regime change” after the Department of Justice dropped its criminal investigation into Fed Chair Jerome Powell, eliminating a potential obstacle to confirming President Donald Trump’s nominee Kevin Warsh…
FILE PHOTO: Psilocybin or “magic mushrooms” are seen in an undated photo provided by the U.S. Drug Enforcement Agency (DEA) in Washington, U.S. May 7, 2019. DEA | Reuters The U.S. Food and Drug Administration on Friday announced a series of measures aimed at accelerating the development of psychedelic treatments for serious mental illness. That…
Procter & Gamble on Friday reported quarterly earnings and revenue that topped analysts’ expectations, as volume for its products grew for the first time in a year. Shares of the company rose roughly 4% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:…
Alistair Berg | Digitalvision | Getty Images People saving for retirement have a common goal: Build an adequate nest egg to prevent running out of money in old age. One way for retirees to do that is via a guaranteed stream of income they can’t outlive — one that’s deposited into their bank accounts every…
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. New York’s proposed tax on second homes worth more than $5 million is likely to spark costly legal battles over how to value…