Elyse Lewin | The Image Bank | Getty Images Married student loan holders — and those soon tying the knot — face important tax and financial decisions, especially after recent changes to the federal lending system. The U.S. Department of Education’s new Repayment Assistance Plan, or RAP, increases the “marriage penalty” for borrowers, said Douglas…
Even as Federal Reserve Chairman Kevin Warsh implements measures to curtail so-called forward guidance — or how the Fed signals its future rate moves — investors are largely expecting an increase in interest rates in the months ahead. The central bank has kept rates on hold all year as officials deliberated next steps with inflation remaining well…
ViewApart | iStock | Getty Images As consumers look for ways to strengthen their financial footing, a new trend is gaining steam on social media — and, for once, it doesn’t involve buying anything. “Moneymaxxing,” a movement aimed at financial improvement, encourages people to maximize their budgets by trimming recurring expenses, redeeming rewards points —…
NEW YORK, NEW YORK – AUGUST 05: Stock market numbers are displayed on the New York Stock Exchange during morning trading on August 05, 2026 in New York City. Michael M. Santiago | Getty Images News | Getty Images Attention retirees: Being overly conservative with your investments after exiting the workforce raises the likelihood you’ll…
Job seekers wait in line to enter a job fair on June 30, 2026, in Carson, California. Justin Sullivan | Getty Images News | Getty Images Long-term unemployment fell in July — which, on its face, sounds like a good thing. But labor market data suggests otherwise, economists said. In fact, long-term unemployment appears to…
Anchiy | E+ | Getty Images The availability of lower-priced homes for sale is increasing, but that doesn’t mean buyers can afford them, new research suggests. Sales of starter homes fell 5.4% in May compared with a year earlier, despite there being 4.5% more available, according to a report from real estate firm Zillow. The…
Ash Sollie stands in front of her grandparents’ home, where she previously lived, after it was destroyed by a wildfire, in Spokane, Washington, U.S., August 2, 2026. David Ryder | Reuters Homeowners insurance costs are swelling rapidly for consumers — and even for those able to pay, policies are getting harder to keep as insurers…
A version of this article first appeared in CNBC’s Money 101 newsletter with Sharon Epperson, an eight-week financial education series with special monthly editions. Sign up to receive the newsletters, straight to your inbox. They’re also available in Spanish. When Ashton and Adison Lawrence inherited their grandmother’s South Carolina home earlier this summer, the brothers knew they…
Affordability is the “defining challenge” when it comes to economic mobility, according to a new report by the McKinsey Institute for Economic Mobility and the W.K. Kellogg Foundation. The survey of 30,000 Americans across income levels found that 90% of those polled cited groceries and food prices as a top cost concern, even over other…
Jensen Huang, chief executive officer of Nvidia Corp., speaks next to a BlueField-4 STX Storage tray, from left, Vera CPU compute tray, and Spectrum-X Ethernet Photonics Switch System while holding a Spectrum-X Ethernet Photonics chip during a keynote address at the Nvidia GTC conference in San Jose, California, US, on Monday, March 16, 2026. Bloomberg…