Why Social Security cost-of-living adjustment may be smaller in 2025

Why Social Security cost-of-living adjustment may be smaller in 2025

Peopleimages | Istock | Getty Images Early estimates for the 2025 Social Security COLA New government data points to a 2.4% Social Security cost-of-living adjustment for 2025, The Senior Citizens League estimates, based on new government inflation data released this week. To be sure, that estimate is subject to change. The Social Security Administration typically … Read more

Costco benefits from doomsday preppers

Costco benefits from doomsday preppers

Fg Trade | E+ | Getty Images Among the cans of tuna and flashlights in doomsday preppers’ closets, there is an increasingly popular staple — gold bars. The recent rise in value of the yellow metal is not just another chapter of favorable economic conditions for the asset, experts say. People’s interest in gold — … Read more

Brisbane woman’s money hack to save $10,000 in 100 days

Brisbane woman’s money hack to save ,000 in 100 days

A Brisbane woman has set herself a money-saving challenge, using a very old-fashioned method. Jenny Joo is attempting to save $10,000 in 100 days, with a money tin and physical cash. WATCH THE VIDEO ABOVE: Money hack to save $10,000 in 100 days. Newsletters: Breaking news as it happens. Subscribe now Joo wrote out 100 … Read more

Here are the ‘Barbie’ jobs that most real-life women hold, per BLS

Here are the ‘Barbie’ jobs that most real-life women hold, per BLS

Margot Robbie as Barbie in a movie from Mattel and Warner Bros. Mattel | Warner Bros. In the “Barbie” movie, the narrator says, “Barbie has a great day every day.” It might be because she gets to be what her heart desires. The film’s Barbies participate in a wide range of roles and professions, from … Read more

Here’s when the Fed may start cutting rates, investment strategists say

Here’s when the Fed may start cutting rates, investment strategists say

Federal Reserve Chairman Jerome Powell prepares to testify before the Senate Banking, Housing and Urban Affairs Committee on March, 7 2024.  Kent Nishimura | Getty Images News | Getty Images WEST PALM BEACH, Fla. — The U.S. Federal Reserve is likely to start cutting interest rates by the end of the second quarter despite recent … Read more

Qantas makes major change to Frequent Flyer program after criticism from customers

Qantas makes major change to Frequent Flyer program after criticism from customers

Qantas has announced a new Frequent Flyer program starting next month. The new scheme, which will offer more seats that can be redeemed with points, comes after months of criticism from customers over a lack of reward seat availability. WATCH THE VIDEO ABOVE: Qantas makes major change to Frequent Flyer program. Newsletters: Breaking news as … Read more

Here’s where prices fell in February 2024 — in one chart

Here’s where prices fell in February 2024 — in one chart

A customer shops for food at a grocery store in San Rafael, California, March 12, 2024. Justin Sullivan | Getty Images News | Getty Images The U.S. is still grappling with higher inflation, government data released this week shows. But there are some bright spots for consumers. Inflation is lower than its 2022 peak. And … Read more

Here’s what Trump’s proposed tariffs could mean for your wallet

Here’s what Trump’s proposed tariffs could mean for your wallet

This combination of pictures created on February 17, 2024, shows U.S. President Joe Biden waving from the South Lawn of the White House in Washington, D.C., on June 1, 2023, and former President Donald Trump waving to the media outside the White House on Jan. 12, 2021. Jim Watson | Brendan Smialowski | AFP | … Read more

FTC to refund borrowers defrauded by student loan forgiveness scams

FTC to refund borrowers defrauded by student loan forgiveness scams

The Federal Trade Commission announced on Wednesday it is refunding $4.1 million to 27,584 consumers who fell victim to student debt forgiveness scams. The action follows a 2019 complaint the FTC made against the operators of Mission Hills Federal and Federal Direct Group, alleging the organizations have been tricking student loan borrowers out of their … Read more

Nearly half of young adults have ‘money dysmorphia,’ survey finds

Nearly half of young adults have ‘money dysmorphia,’ survey finds

Overwhelming evidence suggests social media has a negative effect on self-esteem. That’s not only true for how people feel about their appearance and social status, but also their financial well-being and economic standing. A new term, “money dysmorphia,” aims to describe the distorted view of one’s finances that nearly one-third, or 29%, of Americans say … Read more