Opinion: Bernie Sanders and Elizabeth Warren’s bold tax hike to shore up Social Security
Elizabeth Warren and Bernie Sanders want to shore up Social Security by raising the top rate of income tax by a third, and the top...
House passes $1.7 trillion government spending bill as funding deadline looms
CNN — The House voted Friday to pass a massive $1.7 trillion spending bill that would fund critical government operations across federal agencies and provide...
Stressed-Out Americans Plan to Buy Fewer Christmas Gifts, Donate Less to Charity
Inflation is souring the holiday season, a crucial time when companies, charities and nonprofits typically collect their biggest haul of the year. “I can’t give...
Opinion: You can’t rely on Social Security to fund your retirement — it’s time to rethink your retirement savings strategy
Following a period of record inflation, Social Security’s latest cost of living adjustment (COLA) means retirees will see the biggest bump to their benefits checks...
Here’s why you should be worried about state and local pensions
Right now, across America, about 26 million people are relying on state and local pension plans to take care of them in their retirement years....
First-time homebuyers are being shut out of the market like never before
If you bought your first home during the past year, consider yourself one of the fortunate few. Skyrocketing home prices and climbing interest rates pushed...
‘Living paycheck-to-paycheck has become the norm’: Inflation takes its toll on American finances as emergency funds run dry
Inflation is taking its toll on people’s emergency funds. The share of workers who say they are living paycheck-to-paycheck has surged among middle- to high-income...
U.S. Incomes Fail to Grow for Second Year in a Row, Census Figures Show
Americans as a whole have experienced two years in a row of flat or declining household income, new government data showed Tuesday, reflecting the pandemic’s...
Biden Student Debt Plan Would Send More to Richer Families, JPMorgan Data Shows
President Biden’s plan to forgive student loans would send more money to wealthier families than to poorer ones, but lower-income and minority households would be...
Rising Food Prices Could Become a Business Risk, Analysts Say
Rising global food prices and shortages of grain and fertilizer stemming from the war in Ukraine could create further economic turmoil, risk analysts said. In...