Alistair Berg | Digitalvision | Getty Images About 59 million Americans provided care for an adult family member, neighbor or friend in 2024, according to a new report from the AARP Public Policy Institute. Their efforts added up to 49.5 billion hours of care, representing $1.01 trillion in total economic value annually, the report estimates….
A man pumps gas at an Exxon station as the price of oil and gas has surged amid the U.S.-Israeli conflict with Iran, in Washington, D.C., U.S., March 5, 2026. Ken Cedeno | Reuters As the Iran war continues, and traffic through the Strait of Hormuz, a key global oil shipping route, remains stalled, many…
Toucanstudios | E+ | Getty Images Single women have long outpaced single men as homebuyers — and they may be pulling ahead financially as well. Among first-time buyers, single women have a median income of $73,000 compared with $66,400 for single men, according to the National Association of Realtors’ 2025 Profile of Home Buyers and…
Aziaha James #10 of the NC State Wolfpack moves her team on the board to the Sweet Sixteen round following their win against the Michigan State Spartans during the Second Round of the 2025 NCAA Women’s Basketball Tournament held at Reynolds Coliseum on March 24, 2025 in Raleigh, North Carolina. Lance King | NCAA Photos…
Some high-earning married couples may now be receiving about $100,000 per year or even more in Social Security retirement benefits, a new analysis finds. To help curb the funding shortfall Social Security currently faces, policymakers could opt to cap benefits at $100,000 for married couples, or $50,000 for individuals, according to the research from the…
Michael M. Santiago | Getty Images News | Getty Images The labor market is currently in a frozen state, characterized by low hiring and turnover — and economists said the war in Iran could exacerbate the problem. “It will chill the labor market even more,” Nicholas Bloom, an economics professor at Stanford University, said last…
Will & Deni Mcintyre | Corbis Documentary | Getty Images The SAVE plan is officially defunct, but millions of student loan borrowers remain enrolled in the program — a decision that may cost them greatly. After lengthy legal battles, a federal appeals court earlier this month ordered the end of the Saving on a Valuable…
With the Iran war in its fifth week, consumers are getting hit hard by surging energy costs. Now, some lawmakers are warning of the potential for price gouging, even as experts point to extreme supply shocks. Traffic through the Strait of Hormuz, a critical maritime shipping route for global oil supplies, remains effectively at a standstill, causing the biggest…
Some lawmakers want to expand retirees’ options for making charitable donations from their individual retirement accounts. Under current tax law, anyone who’s at least age 70½ can make what’s known as a qualified charitable distribution, or QCD, which is a direct transfer from an IRA to an eligible nonprofit. A new bipartisan Senate bill would…
Blackrock CEO Larry Fink speaks on the set of CNBC on the floor of the New York Stock Exchange on April 11, 2025. Timothy A. Clary | Afp | Getty Images More than 70 million Americans — including retirees, disabled individuals and families — rely on Social Security benefits for monthly income. It’s “one of…