O2o Creative | E+ | Getty Images Some state lawmakers want to ban a common practice among insurance companies that can drive up costs for consumers. Bills are pending in several state legislatures — including in Iowa , New York, Oklahoma and Pennsylvania — that would generally prohibit insurers from using consumers’ credit history to…
For many young Americans, dating is becoming as much about finances as it is romance. Half of single Americans surveyed said they are going on fewer dates or choosing less expensive activities because of rising costs, according to BMO Financial Group’s 2026 BMO Real Financial Progress Index. The bank polled 2,501 adults in late December through…
Liubomyr Vorona | Istock | Getty Images The average tax refund is 11.3% higher so far this season, compared with about the same period in 2025, according to IRS filing data through Tax Day. As of April 17, the average refund amount for individual filers was $3,275, up from $2,942 about one year ago, the IRS reported on Friday….
A shopper carries a Hollister bag at a shopping mall in Dayton, Ohio, Oct. 21, 2025. Kyle Grillot | Bloomberg | Getty Images The Federal Reserve is on the cusp of a “regime change” after the Department of Justice dropped its criminal investigation into Fed Chair Jerome Powell, eliminating a potential obstacle to confirming President Donald Trump’s nominee Kevin Warsh…
Alistair Berg | Digitalvision | Getty Images People saving for retirement have a common goal: Build an adequate nest egg to prevent running out of money in old age. One way for retirees to do that is via a guaranteed stream of income they can’t outlive — one that’s deposited into their bank accounts every…
Tax The Rich political rally hosted by the Democratic Socialists of America and featuring Senator Bernie Sanders, March 29, 2026, at Lehman College in New York City. Andrew Lichtenstein | Corbis News | Getty Images More Democratic states are embracing higher taxes on the wealthy amid increased fiscal pressures. But these policies could cause future…
Kevin Warsh made his case for becoming chairman of the Federal Reserve at a hearing before the Senate Banking Committee on Tuesday. A change in Fed leadership could have far-reaching consequences for consumers’ borrowing costs, experts say. The Fed chair nominee — and President Donald Trump’s pick to replace current Chair Jerome Powell — spoke to…
A Department of Education sign is displayed outside of their federal student aid office on May 18, 2025 in Washington, DC. Kevin Carter | Getty Images The U.S. Department of Education is providing conflicting information about the upcoming federal student loan borrowing limits that will take effect this summer, according to The National Association of…
Maskot | Maskot | Getty Images With more college students turning to social media to find scholarships, consumer advocates warn that they could run into trouble. Around 1 in 5 Gen Z students search for scholarships on TikTok at least once a week, according to a recent survey from the private student lender Sallie. Roughly…
Looming jet fuel shortages could throw a wrench into Americans’ summer travel plans, especially for people flying overseas on international airlines. But there are a few steps consumers can take to insulate themselves and minimize disruption, travel experts said. The Iran war and an associated disruption to global oil supplies are triggering fears that jet…