Many Americans could see bigger tax refunds during the 2026 filing season based on changes from President Donald Trump‘s “big beautiful bill.” But just how much is a matter of debate. Enacted in July, Trump’s legislation added several tax breaks for 2025 and the IRS did not adjust paycheck withholdings. As a result, many workers…
The US Capitol in Washington, DC, US, on Tuesday, Jan. 27, 2026. Al Drago | Bloomberg | Getty Images Health costs have emerged as the top financial anxiety for U.S. households, according to a new survey. It’s a dynamic that experts say could pose a threat to the Republican majority in Congress during this year’s…
Fertnig | E+ | Getty Images It’s the letter most consumers dread receiving — the notification that your personal information has been involved in a data breach. About 80% of respondents to a new survey said they received at least one data breach notice in the prior 12 months, according to the Identity Theft Resource…
A trader works as a screen displays the trading information for GameStop on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The GameStop stock frenzy and the retail trading revolution it created five years ago were fueled in part by a financial malaise among younger investors, according to experts. That generational…
Nico De Pasquale Photography | Moment | Getty Images The IRS owes some taxpayers refunds after they were mistakenly left out of a pandemic-era IRS relief program, according to a new watchdog audit. More than 2,100 taxpayers have had their tax accounts corrected after auditors found they were collectively eligible for an estimated $463,000, according…
Construction on the Marriner S. Eccles Federal Reserve Board Building in Washington, Jan. 12, 2026. Pete Kiehart | Bloomberg | Getty Images The Federal Reserve kept its benchmark interest rate unchanged Wednesday at the conclusion of its first policy decision of the year. In the face of escalating political pressure from President Donald Trump, a softening…
Brad Gerstner, Altimeter CEO, speaking with CNBC on Jan. 28th, 2026 in Washington, D.C. CNBC Altimeter Capital CEO Brad Gerstner announced Wednesday a commitment to seed Trump accounts, a type of investment account for kids, for children in his home state of Indiana. “I’m going to contribute dollars to kids in Indiana,” Gerstner, a hedge fund manager who…
Treasury Secretary Scott Bessent said “600,000 families out of an estimated 25 million” have already signed up for Trump accounts since the official start of tax season on Monday. “We want all Americans to start signing up,” he said in an interview with CNBC. Bessent also attended a summit on Wednesday with President Donald Trump to promote Trump…
Nicki Minaj attends the 2025 Met Gala Celebrating “Superfine: Tailoring Black Style” at Metropolitan Museum of Art on May 05, 2025 in New York City. Dia Dipasupil | Getty Images Rap artist Nicki Minaj will contribute between $150,000 and $300,000 to fund her fans’ Trump accounts. The Grammy-nominated star will attend a summit on Wednesday with President…
Hirurg | E+ | Getty Images As tax season opens and the IRS prepares for millions of returns, the agency’s internal watchdog warns that certain taxpayers could have problems in 2026. While the 2025 filing season was generally a “smooth experience,” the current year could present “greater challenges” for some filers, National Taxpayer Advocate Erin…