News

The standard deduction is a fixed dollar amount that reduces the portion of your income on that you’re taxed. It allows taxpayers to reduce their taxable income and simplify the tax process.

Inflation edged up in November, breaking a streak of steadying prices over the past few months. 

With the prospect of tariffs once again taking center stage in U.S. trade policy, consumers may face a significant uptick in prices on a variety of products. Here's what to know.

The U.S. is now home to 764 of the world’s 1,553 unicorns — privately held companies valued at over $1 billion. Here's this week's money news.

Chip maker Broadcom recently became the newest member of the trillion-dollar market-cap club thanks to booming demand for artificial-intelligence processors.

A SIMPLE IRA — short for Savings Incentive Match Plan for Employees IRA — is a retirement plan designed for small business owners and their employees to save for retirement.

The amount of tax you pay – and withhold along the way – can have a big effect on your finances at filing time. One document can make a big difference: your W-4.

From "how to write a check" to "how to invest in stocks", here are Americans' top questions about money — how to make it, save it, and manage it — answered. 

While confidence is still there, inflation fears persist, and the Fed’s rate-cutting decision day is the biggest thing to watch for this week.

Private equity (PE) firms are feasting on opportunities in consumer-facing industries, carving out high-profile deals that reshape everything from how Americans dine to how they exercise and find childcare. 

Are unicorns still rare? The U.S. is home to 764 (or 49%) of the world’s 1,553 “unicorns” — privately held companies worth over $1 billion.

Bitcoin has reached an astounding $100,000, solidifying its reputation as a volatile but high-performing asset. By combining the accessibility of ETFs with cryptocurrency investments, investors have a new way to get into the world of Bitcoin without directly buying it.

Gen Z has big goals for financial success, believing it takes a salary nearly nine times the national average, per Empower research. Here's this week's money news. 

U.S. income taxes are due Tuesday, April 15, 2025. Learn about tax deadlines and filing dates to be prepared for Tax Day.

The total U.S. stock market climbed nearly 7% in November, with most of the gains coming in the days immediately following the election.

Shoppers are using pay later products in many different forms this holiday season as they look to leverage their spending power and better manage cash flow.

Big displays of confidence were literally everywhere in last week’s news, from Bitcoin surpassing the $100,000 mark to more mundane areas of the market, too. 

Half of people (51%) admit they're unsure what is the "right,” or etiquette-appropriate amount, for gift-giving this year. Here's this week's money news.

While the economy is showing signs of softening, the labor market is holding up, keeping the Fed hopeful that total and core inflation will be at 2% in another year.

Last weeks events showed markets usually pay only passing attention to geopolitical events unless they directly (and immediately) impact the economy in the here-and-now.

Over half of Americans say there is a secret to success, and reaching it takes $270,000 a year, according to new Empower research. Just 37% of people consider themselves financially successful right now, though most (58%) believe it's attainable in their lifetime.

The Fed’s quarter-point interest rate cut in November, hot on the heels of September's larger half-point decrease, has many people wondering what it means for their finances.

For those hosting Thanksgiving this year, 84% of Americans say these dinner conversations are off the table. Here's this week's money news.

The economy continues to lurch along in fits-and-starts like runners on the final leg of a road race, but the good news is the Fed isn’t in a rush to keep cutting rates.

Some people are feeling tapped out, with nearly one third of Americans (32%) saying they have a savings shortfall. Here's this week's money news.

Global stock indices failed to extend a five-month winning streak in October. U.S. stocks finished marginally lower while international stocks were down over 4%.

No matter who prevailed on Tuesday night, there was always going to be another showdown – one where votes are counted in dollars and cents rather than bubbled-in ballots.

Starting in 2025, workers ages 60-63 can contribute an extra $11,250 to their 401(k) each year through a new “super catch-up" contribution.

The New York Stock Exchange announced plans to transform to extended trading on its all-electronic exchange to 22 hours a day. Here's this week's money news.

So far, third-quarter earnings season has fallen somewhere between ‘okay’ and ‘almost weak enough to take notice.’

Discover the average retirement savings by age and learn why personalized planning is crucial for securing your future.

Some concerns about a hard landing may have vanished after U.S. retail sales figures showed a modest increase in September, up 0.4%. Here's this week's money news.

While there’s still ambiguity about whether the economy is contracting or expanding, ten-year treasury yields edged back above 4.2% this week.

Wondering what are the federal income tax brackets for the 2024 and 2025 tax years? Find your federal income tax rate and what you might owe the IRS here. 

54. That’s the magic number, or age, when Gen Zers hope to retire, according to Empower research. Here's this week's money news.

There was almost no hint of a spending slowdown in Thursday's retail sales report, though spending for things that people “want” is arguably growing far more slowly than things they “need”. 

From the top of the ticket to the bottom line, people see a link between their own prosperity and the highest office in the land. Here's this week's money news. 

This week’s economic release had lots of potential splash but not enough substance to move the needle. Prices at the consumer level rose 0.2% last month, a little hotter than expected.

OpenAI raised $6.6 billion in its latest funding round, at a valuation of $157 billion. The deal marks the largest venture capital round ever. Here's this week's money news.