Personal finance

We Are | Digitalvision | Getty Images Federal student loan payments are on pause for millions of borrowers while the Biden administration defends its new relief program in court. Here’s what to know. Who doesn’t have to make payments? The U.S. Department of Education is placing federal student loan borrowers enrolled in the Biden administration’s

US Vice President and Democratic Presidential candidate Kamala Harris delivers keynote speech at Zeta Phi Beta Sorority, Inc.’s Grand Boulé event at the Indiana Convention Center in Indianapolis, Indiana, on July 24, 2024.  Brendan Smialowski | AFP | Getty Images Financial experts describe Vice President Kamala Harris‘ investment style in one word: Boring. For a

U.S. Vice President Kamala Harris delivers remarks during a campaign event at West Allis Central High School in West Allis, Wisconsin, on July 23, 2024. Kevin Mohatt | Reuters “Building up the middle class will be a defining goal of my presidency,” Vice President Kamala Harris said at a political event in West Allis, Wisconsin, on Tuesday

Simpleimages | Moment | Getty Images With interest rate cuts from the Federal Reserve on the horizon, it could be a good time to shift cash, experts say.   Traders expect a rate cut in September, according to the CME FedWatch Tool, which could lower the target range for the federal funds rate by a quarter percentage

The Charging Bull in the Financial District in New York City. Mairo Cinquetti | Nurphoto | Getty Images After weeks of hitting new highs, the S&P 500 index on Wednesday suffered its worst trading session since 2022. The market broadly began to recover Thursday amid a sell-off in technology stocks. Experts say those stock moves

Man sits on a sofa in his living room and uses a credit card to pay online. Stefanikolic | E+ | Getty Images When a product you ordered online arrives and it’s not up to par, you might contact the merchant to address the problem. However, what happens if you skip that step and just

Institut auf dem Rosenberg, a private boarding school in St. Gallen, Switzerland. Courtesy: Institut auf dem Rosenberg With a sticker price of more than $160,000 a year, Institut auf dem Rosenberg in St. Gallen, Switzerland, may be one of the most expensive boarding schools in the world. So, it’s only fitting that students learn about

Nitat Termmee | Moment | Getty Images Workers are souring on the state of the job market. Job seeker confidence in Q2 2024 fell to its lowest level in more than two years, according to a quarterly survey by ZipRecruiter, which has tracked the metric since Q1 2022. That decline suggests workers are more pessimistic

Adamkaz | E+ | Getty Images Stock market volatility could increase in the run up to the U.S. presidential election, strategists predict. That’s making some investors more anxious about what the election outcome could mean for their money.  In a survey by the American Psychiatric Association this spring, 73% of people said they felt anxious

By most measures, the U.S. economy is doing well. And yet, many people would argue otherwise. Roughly 3 in 5 Americans believe that the U.S. is currently in a recession, according to a new survey of 2,000 adults by Affirm. Of those respondents, most said a recession started roughly 15 months ago, in March of

Martin-dm | E+ | Getty Images The IRS has finalized rules on required withdrawals for certain inherited individual retirement accounts and other plans. But heirs could owe more taxes later by only taking minimums now, experts say. In final regulations last week, the agency confirmed most non-spouse beneficiaries have 10 years after the original owner’s

Heat waves this summer have slowed down open house foot traffic in some areas, according to a recent report. Summertime home sellers may need to get creative to beat the heat. Pending home sales are down 5.6% from a year ago, the biggest decline in eight months, according to Redfin, a real estate brokerage firm. While