Johner Images | Johner Images Royalty-free | Getty Images Many retirees don’t think about taxes until it’s time to withdraw funds from a pretax account, which can be a costly mistake, financial experts say. Only 3 in 10 Americans have a plan to reduce taxes on retirement savings, according to a Northwestern Mutual study from January … Read more
Former President Donald Trump, left, and President Joe Biden face off in the first debate of the 2024 presidential campaign, in Atlanta, June 27, 2024. Andrew Harnik | Getty Images News | Getty Images The recent U.S. presidential debate saw both candidates trade barbs related to the economy. High pandemic-era inflation was among the grievances. … Read more
Clouds are finally starting to part for Australian tenants, with rents in most major cities either falling, stalling or growing at a slower pace. Low vacancy rates have pushed advertised rents higher for several months running but the latest report from real estate platform Domain shows conditions are improving for renters. Asking rents for houses … Read more
Tolgart | E+ | Getty Images Cybercriminals are targeting wealth accounts by tapping into a victim’s emotions. So-called romance scams involve building a relationship and trust with the victim so that the target willingly provides access to their accounts or transfers money to the criminal, explained Tracy Kitten, the director of fraud and security at … Read more
It’s tax time again and, although you may be itching to get your return out of the way, officials are urging Australians to take a breath first. The Australian Taxation Office (ATO) says people who rush in and lodge in early July are twice as likely to make a mistake. Here’s everything you need to … Read more
Want to go on holidays but waiting for a good deal before you buy those overseas tickets? Singapore-based airline Scoot is offering massive discounts as part of its mid-year sale. The sale kicked off on Tuesday and runs until 1.59am on Monday, July 8. Know the news with the 7NEWS app: Download today Flights from … Read more
You’ll need to earn nearly $60,000 annually to live alone in Massachusetts, the most expensive state in the U.S. when it comes to basic costs, according to a recent SmartAsset analysis. That figure includes estimates for how much a single-person household needs to cover housing, transportation, health care, taxes and other common expenses, as tracked … Read more
Former President Donald Trump gives the keynote address at Turning Point Action’s “The People’s Convention” in Detroit, June 15, 2024. Bill Pugliano | Getty Images At a June 18 campaign rally in Racine, Wisconsin, former President Donald Trump slammed the Biden administration’s efforts to forgive student debt as “vile” and “not even legal.” “The students … Read more
Skaman306 | Moment | Getty Images It wasn’t long ago that investors earned practically 0% returns on cash. As the Federal Reserve has kept interest rates high to combat high inflation, you can easily earn 5% annual percentage yields on savings accounts and other low risk vehicles. Some experts are now warning it’s possible to … Read more
Natasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since May 11. Courtesy: Natasha Craft When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her friends to sign up. The app made saving money fun … Read more
