U.S. President Joe Biden speaks at the Pieper-Hillside Boys & Girls Club in Milwaukee, Wisconsin, on March 13, 2024. Sara Stathas | Bloomberg | Getty Images How student loan forgiveness used to be taxed Before that Covid-era change, any student loan debt canceled by the government was considered taxable and levied at the borrower’s normal … Read more
Economists expect the Federal Reserve to leave interest rates unchanged at the end of its two-day meeting this week, even though many experts anticipate the central bank is preparing to start cutting rates in the months ahead. In prepared remarks earlier this month, Federal Reserve Chair Jerome Powell said policymakers don’t want to ease up too quickly. Powell … Read more
Kate_sept2004 | E+ | Getty Images Investing can seem overly complicated, and that complexity may paralyze Americans into doing nothing. But investing — and doing so smartly — doesn’t have to be hard. In fact, getting started can be relatively easy, according to financial experts. “You don’t need to be a rocket scientist. Investing is … Read more
This story is part of CNBC Make It’s Millennial Money series, which details how people around the world earn, spend and save their money. With over 50 items on his daily to-do list, Jake Spotswood has his days planned out to a T — a necessity for a 25-year-old juggling a day job in strategy consulting with … Read more
Jessie Casson | Digitalvision | Getty Images It’s hard to lose a spouse, and a costly surprise makes it even more difficult, especially for older women — higher taxes. But financial experts say there are several ways to prepare. In 2022, there was a 5.4-year life expectancy gap between U.S. sexes, according to data from … Read more
Pixelseffect | E+ | Getty Images Some grocery store products are providing less for your money. And everyone from President Joe Biden to Cookie Monster has noticed. Blame shrinkflation. The term — which is increasingly used in conversation — refers to products becoming smaller in size, weight or quantity as their prices stay the same … Read more
I’ve been an expat for most of my life. Originally from Japan, I’ve lived in a total of six countries. For the past 15 years, I’ve called Geneva, Switzerland, my home. When my then-husband and I decided to move here, to his hometown, our first child was just 10 months old. We wanted a change … Read more
As the rental crisis continues to smash NSW residents, the suburbs with the greatest annual fall in rental growth for houses and units have been revealed. New data by Proptrack revealed rent in some suburbs in the state has fallen by a whopping $100 a week. The suburb where rental house prices have fallen the … Read more
Kurian Jose, CEO, Tata Pension Fund, says PFRDA is working on making pension and retirement products appealing to youth and has introduced investing through QR code. Also, the rules to withdraw money partially from the National Pension System (NPS) were changed starting February 1, 2024, whereby an NPS subscriber is allowed to withdraw from his … Read more
Living pay cheque to pay cheque can be challenging, especially if you’re trying to save money. But a Sydney couple with a combined net worth of $770,000 have revealed a simple budgeting method they use to help them take control of their finances — without sacrificing the little luxuries. Queenie Tan, 27, and her fiancé … Read more
