Personal Finance

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What You Should Know As Annuity Sales Soar

Annuity sales are soaring, because retirees and pre-retirees want more guaranteed income and principal protection.

ByBob Carlson,

Senior Contributor

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Before The First Paycheck: Financial Steps New Graduates Should Make Now

Graduation is only the beginning. Learn the financial basics every new graduate should understand before their first paycheck arrives.

ByVaNessa Duplessie,

Contributor

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We Could Be Weeks From $140 To $160 A Barrel Oil, Say Industry Experts

Massive damage has been done in the MIddle that can’t be quickly fixed. High fuel prices for cars, trucks, boats, planes, and heavy equipment are waiting.

ByErik Sherman,

Senior Contributor

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Tax Breaks: The Tortured Taxpayer Department Edition

Plus: Estate planning abroad, AI isn’t your lawyer, Trump Accounts launches an app, OECD updates, new jobs and moving expenses, Taxes from A to Z, tax trivia and more.

ByKelly Phillips Erb,

Senior Writer

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SBA Clarifies And Narrows Its Crackdown On Small Business Investors

The agency had stopped approving loans to businesses with an investor who had previously backed any business that defaulted on an SBA loan. Now it's set up a waiver process.

ByJohn Schroyer,

Staff Writer

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Two New Tiered Repayment Plans For Student Loans Launch In 4 Weeks, With Major Differences

The Education Department is launching two new tiered repayment plans for federal student loans this July. But they will be very different from other plans.

ByAdam S. Minsky,

Senior Contributor

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Class Action Claims Administrator Agrees To Stop Taking Vendor Rebates After Kickback Scrutiny

Amid criticism that claims administrators have secretly profited from class action payouts, Philadelphia-based Angeion agreed not to accept rebates from prepaid card issuers, banks or other vendors in a Kansas City data breach case.

ByJeff Kauflin,

Senior Editor

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New Corporate Quarterly Profit Record Of $4.39 Trillion

So, where is inflation heading? Some estimates say it could hit between 5% and 6% by this fall, and one source could be higher corporate profits.

ByErik Sherman,

Senior Contributor

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New AI Warning: Don’t Discuss Your Legal Problems With Claude Or ChatGPT

A new federal court ruling makes clear that business owners and executives can't expect confidentiality for legal discussions with AI, as they can with human attorneys.

ByJohn Schroyer,

Staff Writer

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5 Tips For Picking A College And A Major In The Age Of AI

Almost half of college students have considered changing majors because of AI, according to a new Lumina-Gallup survey. Here’s what to look for.

ByLisa Chambers,

Staff Writer

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Doing This With Your Student Loans Could Now Be A Terrible Mistake

After being told for years to consolidate federal student loans, we are now entering a period during which federal student loan consolidation may be a very big mistake.

ByAdam S. Minsky,

Senior Contributor

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When Can I Retire? The Retire Sooner Method Vs. FIRE Movement

Compare the Retire Sooner Method vs. FIRE and explore why retiring 5–10 years early may be more realistic for many Americans.

ByWes Moss,

Contributor

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More Gen Z Workers Are Talking Openly About Pay—And Financial Stress

A new survey from Bank of America finds young adults are more candid about salary and money. Could it change workplace culture?

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AI Giants Face A Potential Cost Meltdown

AI costs are rising faster than returns, pushing Big Tech, startups and model providers to cut spending and raising new risks for margins, revenue and valuations.

ByErik Sherman,

Senior Contributor

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Medicare Now Pays Docs To Train Family Caregivers, Why Don’t They?

While the number of providers taking advantage of the new billing opportunities is slowly growing, overall participation in caregiver training remains vanishingly small.

ByHoward Gleckman,

Senior Contributor

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Education Department Sends Mass Warnings To Student Loan Borrowers To Change Repayment Plans, Or Else

The Education Department sent out a new wave of notices to student loan borrowers last week, warning them that they need to change repayment plans.

ByAdam S. Minsky,

Senior Contributor

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Three Reasons To Be Careful Around Private Market Investments

What might work for large, sophisticated investors can be a danger for regular people, and even the big institutions are becoming warier.

ByErik Sherman,

Senior Contributor

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5 Summer Jobs For Kids 10 - 15 Years Old That Build Confidence

Summer jobs for younger teens can help teach responsibility, work ethic and money skills while reducing screen time.

ByVaNessa Duplessie,

Contributor

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Charging Order Foreclosure Disallowed In Virginia In Vaughn

Virginia court rules charging orders are the exclusive remedy against LLC interests, barring foreclosure under state law even for single-member LLCs.

ByJay Adkisson,

Contributor

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Why Treasury Yields Are Climbing And What It Means For The Economy

Rising Treasury yields signal renewed inflation pressure and geopolitical risk, reshaping borrowing costs, markets and consumer finances. Confirm details with trusted sources.

ByErik Sherman,

Senior Contributor