The Supreme Court struck down a centerpiece of President Donald Trump’s tariff agenda on Friday, also dealing a blow to the possibility of sending so-called tariff dividend checks to families, experts say. “Tariff dividends were a long shot from the beginning,” said certified financial planner Stephen Kates, a financial analyst at Bankrate. “Given the White House’s lack of authority to…
With the Trump administration reigniting its battle with Harvard University, future applicants may be wondering where they stand. In the latest blow, the government sued Harvard on Feb. 13 for withholding race-related admissions data in the wake of the Supreme Court‘s 2023 ruling that the Ivy League’s affirmative action admission policies were unconstitutional. “Harvard has failed to disclose…
Morsa Images | Digitalvision | Getty Images There’s a line item in homebuyers’ closing costs that’s causing a clash in the mortgage industry: the fee for lenders to check borrowers’ credit. While the charges — typically in the tens or hundreds of dollars — represent a tiny slice of the amount that buyers pay when…
On the heels of a massive publicity push, more than 1 million people have signed up for Trump accounts, according to a post by the White House on X — well ahead of the July launch date. The “free money” is likely a major incentive. The federal government has said it will make a one-time $1,000…
On the heels of a massive publicity push, including a Super Bowl 60 ad and a billboard in New York’s Times Square, families have filed about 2 million forms to open Trump accounts, Treasury Secretary Scott Bessent said at an event near Dallas on Friday. “As we approach 2 million forms, that will probably be…
Jose Luis Pelaez Inc. | Blend Images | Getty Images The average tax refund is 14.2% higher so far this season, compared to about the same period in 2025, according to early IRS filing data. As of Feb. 13, the average refund amount for individual filers was $2,476, up from $2,169 about one year prior, the IRS…
Julpo | E+ | Getty Images The student loan delinquency rate is surging, new research finds. Nearly 25% of student loan borrowers with a payment due are now behind, compared with around 9% in 2019, during President Donald Trump’s first term, according to a report published Friday by The Century Foundation, a left-leaning think tank….
Members of the public walk outside the U.S. Supreme Court to attend oral arguments on U.S. President Donald Trump’s bid to preserve sweeping tariffs after lower courts ruled that Trump overstepped his authority, in Washington, D.C., U.S., Nov. 5, 2025. Nathan Howard | Reuters Read more CNBC personal finance coverage What Supreme Court ruling against…
Read more CNBC personal finance coverage Personal loans surge: It’s ‘the middle-class refinancing option,’ expert says Trump: tax refunds are ‘substantially greater than ever before.’ What to expect What a Supreme Court tariff ruling may mean for your money Trump officials warn hundreds of colleges with low student loan repayment rates As AI puts the…
Many Americans are borrowing and incurring debt to keep up with rising costs for basic necessities, such as groceries, rent and utilities, as well as to make larger purchases. Credit card balances reached a record $1.28 trillion at the end of 2025, according to the New York Fed. As consumers look to manage that debt, personal…