Personal finance

Milan2099 | E+ | Getty Images For Medicare beneficiaries enrolled in an Advantage Plan, now’s the time to change your 2023 coverage if it’s not a good match. Each year between Jan. 1 and March 31, beneficiaries unhappy with the choice they made during Medicare’s annual open enrollment period — which ended Dec. 7 —

Bloomberg Creative | Bloomberg Creative Photos | Getty Images It’s possible that the U.S. Supreme Court will strike down the Biden administration’s student loan forgiveness plan, leading to a reversal for the millions of Americans who had been expecting the debt cancellation. President Joe Biden in August announced that he’d forgive at least $10,000, and

Wirestock | Istock | Getty Images The U.S. Department of Education has “fully approved” more than 16 million people for federal student loan forgiveness and sent their applications to loan servicers, the Biden administration announced Friday. The administration gave a state-by-state breakdown of the number of borrowers who have applied and been approved for its

People wait in line to attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California. Patrick T. Fallon | Afp | Getty Images These days the U.S. unemployment system is somewhat of an anomaly. Almost three years after the Covid-19 pandemic caused the worst jobless crisis in the U.S. since the

By most measures, the U.S. economy is in solid shape. Although the first half of 2022 started off with negative growth, a strong labor market and resilient consumer helped turn things around and give hope for the year ahead. related investing news A further stock rally will be ‘like bathing in lava’ for market bears,

John Miller | iStock | Getty Images A group of House Republicans is revisiting the Fair Tax Act, which would replace certain federal levies with a national sales tax and decentralize the IRS. While the plan may not get a floor vote and wouldn’t make it through the Democrat-controlled Senate, policy experts say the plan

Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee. benedek | iStock | Getty Images Despite broad hikes in rental prices, competition is easing in some U.S. markets as inventory grows, according to a new report from national real estate brokerage HouseCanary. At the end of 2022, the

A woman shops for chicken at a supermarket in Santa Monica, California, on Sept. 13, 2022. Apu Gomes | AFP | Getty Images For those who fear a recession may be coming, the only question is when. Many economists and CEOs, in fact, expect a recession may be on the horizon this year related investing

Anna Moneymaker | Getty Images As congressional lawmakers in the House slog through the early stages of negotiating over the debt ceiling — the amount of money the U.S. government can borrow — there’s been concern that those discussions could include spending cuts to Medicare. However, House Speaker Kevin McCarthy, R-Calif., has now made assurances

In this article META AMZN Follow your favorite stocksCREATE FREE ACCOUNT Thomas Barwick | DigitalVision | Getty Images Big-name tech firms like Amazon, Google, Meta and Microsoft are undergoing mass layoffs, but job prospects for applicants in the broader tech ecosystem are poised to be among the best of any industry in 2023, according to

Maskot | Maskot | Getty Images An economic downturn usually sparks a renewed interest in picking up new skills at school. Historically, enrollment in graduate school picks up amid recession as workers take the time to “skill up” or pivot to another industry with better career prospects or pay. “When the economy goes down, the

Suze Orman speaks during AOL’s BUILD Speaker Series at AOL Studios In New York. Jenny Anderson | WireImage | Getty Images An unexpected bill is never convenient. But there are even more reasons now that an unforeseen event — such as a car repair or medical expense — could put Americans on unstable financial footing.

Lifestylevisuals | E+ | Getty Images It may come as no surprise that among millennials who have intended to buy a house this year, 92% said in a recent survey that inflation has impacted their goal. Yet most of them aren’t letting it serve as a roadblock, according to the survey from Real Estate Witch,

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT In the face of inflation, rising interest rates and slowing economic growth, there’s more competition than ever for consumers’ cash — and even how their purchases are made. Now, several of the large banks behind Zelle are teaming up to create their own digital wallet in a bid to

Source: Getty Images Rising credit interest rates have made it even more expensive to carry debts. But a proposal in Congress that would cap rates on consumer loans at 36% may not be an effective way of curbing those higher costs of borrowing, according to new research from the Urban Institute’s Financial Well-Being Data Hub.

Sen. Joe Manchin, D-W. Va., speaks to the cameras about the reconciliation bill in the Hart Senate Office Building on Monday, August 1, 2022. Bill Clark | CQ-Roll Call, Inc. | Getty Images Now that the U.S. has hit the debt ceiling, lawmakers need to revisit the federal budget and find ways to make cuts,

Eggs for sale at elevated prices in New York on Jan 21, 2023. Fatih Aktas/Anadolu Agency via Getty Images) Egg prices soared to historically high levels in 2022 — and one group is alleging the trend is due to something more nefarious than simple economics. Across all egg types, consumers saw average prices jump 60%

Iryna Imago | Istock | Getty Images A wave of companies, including Amazon, Google and Spotify, have announced deep cuts to their head count, leaving former employees without a paycheck. Fortunately, the unemployment insurance program, created in 1935, offers support to certain people who have lost their job. The federal program is administered by states,

Source: Getty Images If you made a Roth individual retirement account conversion in 2022, you may have a more complicated tax return this season, experts say.  The strategy, which transfers pretax or non-deductible IRA funds to a Roth IRA for future tax-free growth, tends to be more popular during a stock market downturn because you

Generally speaking, the higher your credit score, the better off you are when it comes to getting a loan. FICO scores, the most popular scoring model, range from 300 to 850. A “good” score generally is above 670, a “very good” score is over 740 and anything above 800 is considered “exceptional.” Once you reach that 800