Halfpoint Images | Moment | Getty Images Student loan borrowers in default got a reprieve last week: The Trump administration said Friday it would postpone forced collections, for now. The pause is an about-face for the U.S. Department of Education, which had announced in late December that it would start seizing defaulted borrowers’ paychecks as…
Twenty47studio | Moment | Getty Images Tax changes for 2026 offer new ways for individuals ages 65 and over to plan financially. That is largely due to a new temporary senior “bonus” or deduction of up to $6,000 per qualifying individual that was enacted when President Donald Trump signed the “big beautiful bill” package into…
After a strong holiday shopping season, many consumers are now hitting the stores again — this time to return their purchases. Consumers spent $257.8 billion online between Nov. 1 and Dec. 31, jumping 6.8% year over year to a fresh record for e-commerce, according to a new report from Adobe Analytics. However, returns then spiked 4.7%…
The 2026 tax season starts on Jan. 26, according to the IRS. Here are some key things filers need to know. Source link
Months after President Donald Trump suggested sending Americans a $2,000 tariff dividend check, many households are waiting to see if that stimulus could come in 2026, despite political and legal obstacles. “We have taken in, and will soon be receiving, more than 600 Billion Dollars in Tariffs,” Trump wrote in a Truth Social post on Monday….
People hold shopping bags as they make their way through Herald Square in New York, Dec. 11, 2025. Angela Weiss | AFP | Getty Images Americans are slightly more bullish about 2026, according to a New York Federal Reserve survey released Thursday. The central bank’s monthly Survey of Consumer Expectations found that consumers expect inflation to be…
CNBC’s senior personal finance correspondent Sharon Epperson joins Power Lunch to discuss how tax changes fit into investment planning for 2026. Source link
Ascent/ Pks Media Inc. | Photodisc | Getty Images Many Social Security beneficiaries will soon receive their first benefit checks for 2026. Jan. 14 marks the earliest date beneficiaries can receive January payments, depending on the Social Security Administration’s schedule based on date of birth. Those checks will include a 2.8% benefit boost, thanks to…
Aj_watt | E+ | Getty Images Travelers who were briefly stranded abroad after the U.S. operation to extract Venezuelan leader Nicolás Maduro got a hard lesson in the limitations of travel insurance. Travel insurance policies offer a financial backstop to buyers for various unforeseen snafus, like having to pay for medical care abroad or for…
Coolpicture | Moment | Getty Images As you gauge how much income you’ll need to pay for your living expenses in retirement, don’t forget to consider how you’ll cover unexpected costs. More than 8 in 10 retiree households — 83% — will face unplanned outlays in any given year, according to new research from the Center for Retirement Research…