Larry Fink, chief executive officer of BlackRock Inc., speaks during BlackRock’s 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, March 11, 2026. Daniel Heuer | Bloomberg | Getty Images BlackRock CEO Larry Fink said Trump accounts could be a successful early wealth-building tool for children in the U.S., when paired with pre-existing investment vehicles. In his…
A container ship is seen docked at the Port of Los Angeles on March 13, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Tariffs are expected to cost the average household several hundred dollars to perhaps more than $1,000 this year, according to various economic analyses. But each household may wind up paying…
Oscar Wong | Moment | Getty Images As headlines swirl about trouble in the private credit market, investors might wonder whether it means significant problems lie ahead for these assets. Right now, pockets of weakness exist. Those shouldn’t be ignored, but they don’t foretell a broad-based meltdown among private credit funds, some financial advisors say….
Chicago attorney Rachel Cohen owes more than $8,000 in federal income taxes — but has intentionally left that balance unpaid. “I’m not paying my federal income tax this year,” Cohen said in a widely viewed TikTok video from March 2 about her decision. The 31-year-old community organizer filed her federal tax return, which shows a…
Granger Wootz | Tetra Images | Getty Images The average tax refund is 10.8% higher so far this season, compared to about the same period in 2025, according to the latest IRS filing data. As of Mar. 13, the average refund amount for individual filers was $3,623, up from $3,271 about one year ago, the IRS reported on Friday….
U.S. Treasury Secretary Scott Bessent looks on as he speaks to the media after two days of meetings with a Chinese delegation, in Paris, France March 16, 2026. Abdul Saboor | Reuters The Trump administration announced on Thursday that it will task the U.S. Department of the Treasury with collecting on defaulted student loans. Currently,…
Photoalto/eric Audras | Photoalto Agency Rf Collections | Getty Images With the federal tax deadline less than one month away, tax refunds are higher on average compared to last year, but the change has been smaller than some early projections. In a January release, the White House said average tax refunds could increase “by $1,000 or…
A person holds a sign reading ‘Save Our Social Security’ in support of fair taxation near the U.S. Capitol in Washington, D.C. on April 10, 2025. Tax justice advocates attended a rally to speak out against President Trump’s tax cuts for the wealthy, and to urge members of Congress to intervene. Bryan Dozier | Afp…
Students walk on campus at Harvard University, in Cambridge, Massachusetts, U.S., Nov. 19, 2025. Reba Saldanha | Reuters This year, Harvard University once again secured the top spot of most desirable colleges, after being bested by Massachusetts Institute of Technology in 2025, according to a recent survey of college-bound students by The Princeton Review. Current college applicants…
Many Americans are feeling the financial pain following the expiration of enhanced federal subsidies for Affordable Care Act marketplace health insurance. About 1 in 10 people — 9% — who were enrolled in an ACA marketplace health plan last year are now uninsured following the lapse of enhanced subsidies that reduced their monthly premiums, according…