Category: Finance

Banksphotos | E+ | Getty Images Megan Moritz bought her dream house in 2019. However, the 1,400-square-foot home, in the Arlington Heights suburb northwest of Chicago, was built in the 1930s and lacked insulation — leading to heating bills that were “very high,” said Moritz, 48. The first-time homeowner opted to pay about $5,700 for […]

Women shop for clothing from a Gap outlet store in Los Angeles, California on April 10, 2025.  Frederic J. Brown | Afp | Getty Images Few consumer products are immune from the impact of new tariffs on goods imported into the United States, but apparel may be among the hardest hit. A trade war could significantly raise the […]

Gold is often considered a safe-haven investment because it typically acts as a hedge in times of political and financial uncertainty. Prices are currently soaring amid fears of a global trade war and its potential to push the U.S. economy into recession. However, some analysts think gold prices may have peaked. “We’re probably close to […]

Entrance to NYU Langone Hospital, New York City.  Joan Slatkin | Universal Images Group | Getty Images New York University’s Grossman School of Medicine made history in 2018 when it became the first top-ranked medical program to offer full-tuition scholarships to all students, regardless of need or merit.  The number of applicants, predictably, spiked in the […]

Fotostorm | E+ | Getty Images The tax deadline is days away and the IRS is urging taxpayers to file returns on time and “pay as much as they can.” However, if you can’t cover your total tax balance, there are options for the remaining taxes owed, according to the agency. For most tax filers, […]

Hinterhaus Productions | Getty Images As investors digest the latest bond market sell-off, advisors have tips about portfolio allocation amid continued market volatility. Typically, investors flock to fixed income like U.S. Treasurys when there’s economic turmoil. The opposite happened this week with a sharp sell-off of U.S. government bonds, which dropped bond prices as yields […]

A sign for the U.S. Social Security Administration is seen outside its headquarters in Woodlawn, Md., on Thursday, March 20, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images New anti-fraud protections are slated to go into effect on Monday at the Social Security Administration. Ahead of the new policy, an agency spokesperson confirmed […]

D3sign | Moment | Getty Images It’s an uneasy time for the many families who rely on the stock market’s returns to send their children to college. Stocks have been in the red amid President Donald Trump’s new tariff policy and worries of a global trade war. The S&P 500 dropped around 15% between when Trump took […]

Stock markets in the U.S. and around the globe have dropped since last week when President Donald Trump introduced tariffs on most imports. The sell-off is causing some Americans to rethink their financial investments, despite financial advisor recommendations to stay the course. Money flowed in and out just 0.10% of 401(k) balances overall last week, […]

Sdi Productions | E+ | Getty Images It’s a challenging time for many federal student loan borrowers just trying to find ways to pay off their debt. Millions of borrowers who enrolled in the Biden administration-era Saving on a Valuable Education plan are now in limbo after the program was blocked by Republican-led legal challenges. […]