Inflation concerns are spilling into “date-flation” discussions online, as social media users react to a surprising stat: Millennials spend $252, on average, for a date. The figure, which CNBC reported on in April, comes from BMO Financial Group’s 2026 BMO Real Financial Progress Index. The average “all-in” spend on a date in America — including pre-date…
The Janss Steps at UCLA in Westwood, CA on Tuesday, May 5, 2026. Myung J. Chun | Los Angeles Times | Getty Images A coalition of 25 states and the District of Columbia sued the Trump administration this week over the new limits on federal student loans. For students pursuing careers in healthcare fields, such as nursing,…
Amazon executive chairman Jeff Bezos on Wednesday called for zero federal income taxes on the bottom half of earners. The top 1% of taxpayers pay 40% of all the tax revenue, and the bottom half pay 3%, Bezos told CNBC’s Andrew Ross Sorkin on “Squawk Box.” “I don’t think it should be 3%,” Bezos said….
Ryanjlane | E+ | Getty Images President Donald Trump is changing the way Americans can save through the creation of new investment accounts. Soon-to-launch Trump Accounts will provide an initial $1,000 deposit to U.S. children who have a Social Security number and who were born between 2025 and 2028. By the time those children turn…
An Obamacare sign is displayed outside an insurance agency on Nov. 12, 2025, in Miami. Joe Raedle | Getty Images News | Getty Images Enrollment in the Affordable Care Act marketplace may ultimately fall by about 5 million people this year relative to 2025, as Americans face sharply higher costs triggered by a lapse in…
President Donald Trump onstage at the Treasury Department’s Trump Accounts Summit, in Washington, Jan. 28, 2026. Kevin Lamarque | Reuters Starting in July, Trump Accounts will give parents a new option to save and invest for their children’s future. But other tax-advantaged savings and investment vehicles already exist — and are often underutilized. For example, only…
Jose Luis Pelaez Inc | Digitalvision | Getty Images Older Americans could get another way to make tax-free charitable donations from their retirement savings under a new bipartisan, bicameral bill in Congress. Called the Charity Parity Act and introduced in both the House and Senate on Wednesday, the measure would allow so-called qualified charitable distributions,…
Dartmouth College Cheryl Senter/Bloomberg | Getty Images Fears that artificial intelligence will upend students’ future career plans are reverberating across college campuses. “Higher education needs to do better,” said Joseph Catrino, the inaugural director of Dartmouth’s Center for Career Design. “We need to do better for our students — we need to step up and…
Fly View Productions | E+ | Getty Images As many homebuyers discover, getting a fixed-rate mortgage doesn’t necessarily mean your monthly payment will remain the same. For many homeowners, in addition to principal and interest payments each month, their mortgage payment includes amounts that go into an escrow account. That account then pays out homeowners…
A sign for the Senior Community Service Employment Program at the AARP Foundation in Harrisburg, Pennsylvania, May 18, 2017. Laurie Kellman | AP Ronald Williams was unemployed when a friend recommended a local jobs program for older workers. After he completed training with Goodwill in 2024, Williams quickly landed a job as a custodian —…