Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.
Category: Personal Finances
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Easy to Use, Mobile Payment Apps Are Also Easy to Misuse
While they have taken steps to help prevent mishaps, a new report finds they offer few protections if, for instance, users accidentally send money to the wrong person.
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Your Investment Lost Money Last Year. So Why the Big Tax Bill?
When you invest and where matters for taxes. But a few rules of thumb can stave off some nasty surprises, our columnist says.
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JPMorgan Paid $175 Million for a Business It Now Says Was a Scam
Charlie Javice promised to simplify the college financial aid process. It was a compelling pitch. Especially, as now seems likely, to those with little firsthand knowledge of financial aid.
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Their Children Are Their Retirement Plans
The offspring of many East Asian immigrants are raised to support their elders in their later years. That gives a segment of Americans challenges others don’t face.
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Savings Accounts for Disabled People Are Opened to More of Them
Only those who became disabled by age 26 have been eligible for ABLE accounts. But Congress raised the age to 46, so more military veterans and others can qualify as of 2026.
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How Young People Are Saving Money in a Challenging Economy
Young people want to save for their futures, but balancing priorities has proved challenging during a time of economic instability.
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How to Invest as a Debt Ceiling Crisis Looms
The risk of a federal debt ceiling breach later this year has increased. Steel yourself for trouble, our columnist writes. But remember: This, too, shall pass.
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Your Tax Refunds May Be Smaller This Year
Credits that were expanded as part of pandemic relief have expired, as has the deduction for donations for people who don’t itemize.
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The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.
If Congress fails to increase the government’s borrowing limit in time, the result would be a shock to the economy and financial markets.
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What to Know About Biden’s Student Loan Repayment Proposal
Proposed changes to federal student-loan repayment plans tied to income could cut some borrowers’ monthly payments by more than half.