D3sign | Moment | Getty Images Read more CNBC personal finance coverage The reminder comes as the IRS faces tax changes enacted via President Donald Trump‘s “big beautiful bill” after staffing cuts from Elon Musk‘s so-called Department of Government Efficiency, or DOGE, and other reductions. These cuts didn’t significantly impact the 2025 filing season because…
Damircudic | E+ | Getty Images As more older Americans near retirement, many are eager to boost 401(k) savings to combat the rising cost of health care and other day-to-day expenses. And for 2026, there are key 401(k) changes that investors need to know, financial experts say. This year, “small 401(k) details matter more than…
President Donald Trump’s call for a temporary 10% cap on credit card interest rates, if implemented, could have significant impacts — both positive and negative — for borrowers. “Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10%,” Trump wrote…
Retail investors may already be preparing for the start of the 2026 tax filing season, which the IRS announced this week will begin on Jan. 26. Using tax-efficient investing strategies throughout the year can help minimize an investor’s tax burden and optimize their portfolio’s value for years to come, says Bill Harris, the founder and…
Federal Reserve chair Jerome Powell speaks at a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on Dec. 10, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Justice Department’s criminal investigation of Federal Reserve Chair Jerome Powell may, at first glance, seem far removed from consumers’ finances —…
Milorad Kravic | E+ | Getty Images For many consumers, buying a car increasingly comes with a hefty monthly bill. The share of new-car buyers who pay $1,000 or more per month for their auto loans rose to a record 20.3% of all new vehicle purchases financed in the fourth quarter of 2025, according to…
A grocery store in the Manhattan borough of New York on Dec. 13, 2025. Charly Triballeau | Afp | Getty Images Progress in the fight to throttle back inflation appeared to stall in December amid price pressures from groceries, dining out, utility gas, clothing and other categories of consumer spending. The consumer price index, a…
Superb Images | The Image Bank | Getty Images Read more CNBC personal finance coverage Trump’s legislation included several provisions that impact 2025 taxes. These included a bigger standard deduction; a more generous maximum child tax credit; a higher limit for the state and local tax deduction; a new $6,000 tax break for seniors; and new deductions for auto…
Texas Children’s Hospital’s Kangaroo Crew members walk through the hallways during a simulation at the hospital in Houston on Sept. 23, 2025. Elizabeth Conley/Houston Chronicle via Getty Images About 22.8 million Americans have so far signed up for 2026 health insurance via the Affordable Care Act marketplace, according to data issued Monday by the Centers…
Hobo_018 | E+ | Getty Images President Donald Trump said in December that this spring may be the “largest tax refund season of all time,” due to changes in the “big beautiful bill.” But student loan borrowers who are behind on their payments may miss out. That’s because the U.S. Department of Education can seize…