Gas prices remain above $4 a gallon nationwide, and drivers across the U.S. say they’re already starting to change their spending habits, if they can. Some say they have little choice but to keep paying more. “I have to spend—there’s no other way,” said Miranda Alcalá, a Queens resident who drives between boroughs for work….
Jasondoiy | E+ | Getty Images If you’re planning to mail in your 2025 tax returns this year, one detail may make the difference between filing on time and missing the deadline: a postmark. While April 15 is when federal (and most state) taxes are due, the IRS considers any tax return postmarked on or…
Antonio Garcia Recena | Moment | Getty Images The average tax refund is about $350 higher so far this season, compared with about the same period in 2025, according to the latest IRS filing data. As of March 27, the average refund amount for individual filers was $3,521, up from $3,170 roughly one year ago, the IRS reported on…
President Donald Trump onstage at the Treasury Department’s Trump Accounts Summit, in Washington, Jan. 28, 2026. Kevin Lamarque | Reuters The U.S. Department of the Treasury said Monday that Bank of New York Mellon will be the designated financial agent for Trump accounts. BNY will officially manage the initial accounts and has partnered with Robinhood to…
Insta_photos | Istock | Getty Images The financial capability of artificial intelligence platforms is improving to the extent that it will likely be able to replace human financial advisors in the future, according to finance experts. However, AI has a major drawback relative to human advisors: a lack of fiduciary duty, they said. And a…
Chuck Savage | The Image Bank | Getty Images Read more CNBC personal finance coverage “For young people early in their career, unemployment can be particularly harsh,” said Michele Evermore, a senior fellow at the National Academy of Social Insurance, a nonprofit that focuses on the country’s safety net. “They have had less time to pull…
Alistair Berg | Digitalvision | Getty Images Older Americans stand to benefit from tax changes in President Donald Trump’s “big beautiful bill,” which went into effect for 2025. “What is the one group of people who are going to be benefiting most from tax changes in the past year? It’s almost certainly going to be…
M Swiet Productions | Getty Images Gregory Hutchison, 72, is living most people’s retirement dream. After a nearly 44-year career as an expert in information technology at IBM, Hutchison retired in 2021 with close to $1 million in his 401(k). He and his wife sold their home and downsized to a smaller house by the…
Ulysses Fitzgerald, a high school senior in Smyrna, Tennessee, said he thought sports betting would be an easy way to make money. He said he’d seen ads and influencers promoting big wins. “This guy won like $5,000 because he predicted that this player wouldn’t get this many points,” Fitzgerald said of one influencer’s post. “I…
Ciara Houghton | Moment | Getty Images If you’re within a decade of retirement, the current stock market volatility may be a good reminder of a key risk that lies ahead for your nest egg. While stocks tend to offer the best opportunity for long-term growth despite their ups and downs, a persisting market downturn…