Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
Category: Personal Finances
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5 Money Mistakes That Can Put Retirement Farther Off
Even people with employee-sponsored retirement plans still find it difficult to save for the future when faced with present-day desires.
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Saving for College Once Felt Essential. Some Parents Are Rethinking Their Plans.
Generations of parents have opened 529 plans to save for their children’s educations. Now some are reconsidering the value of college and looking into other options.
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How 529 Plans Are Changing With Passage of Trump’s Policy Law
President Trump’s new policy law has broadened the uses of plans that were once primarily for saving for college. “They’ve become education savings accounts,” one expert said.
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What Life Is Like for Four Young Adults Supporting Their Aging Parents
Most young adults don’t expect to support their aging parents. Here’s what happened when four people had to.
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Mortgage Lenders Can Soon Use VantageScore. Is That Good for Borrowers?
A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO score or one from a rival, VantageScore.
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Is the U.S. Riskier Than Emerging Markets?
While the U.S. stock market has rebounded, the combination of the Trump tariffs, a volatile dollar and an erratic bond market has begun to shake global investment thinking.
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Truemed, a Start-Up Run by an RFK. Jr. Aide, Gives Tax Breaks for Meat and Mattresses
The start-up, called Truemed, helps people buy meat and mattresses with money that isn’t subject to federal income tax. But does the tax break apply?
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Judge Scraps Rule Eliminating Medical Debt on Credit Reports
The Trump administration joined with trade groups to ask a court to overturn a Biden-era rule that aimed to limit the impact of unpaid medical bills on consumers’ credit history.
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How the $1,000 ‘Trump Accounts’ for Newborns Will Work
The payments, part of the new domestic policy law, are for U.S. citizens born this year through 2028. The idea is that the money in the accounts will have many years to grow.