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 the inflation breakdown for February 2024 — in one chart

Here’s the inflation breakdown for February 2024 — in one chart

Shoppers are seen in a Kroger supermarket in Atlanta on Oct. 14, 2022. Elijah Nouvelage | AFP | Getty Images Consumers continued to contend with higher inflation in February, according to new government data. The consumer price index — an inflation measure that tracks changes in the prices of consumer goods and services over time … Read more

Where candidates stand on Social Security, Medicare

Where candidates stand on Social Security, Medicare

Former U.S. President Donald Trump watches a video of President Joe Biden playing during a rally for Sen. Marco Rubio (R-FL) at the Miami-Dade Country Fair and Exposition on November 6, 2022 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Former President Donald Trump and current President Joe Biden issued opposing … Read more

Millionaires reach limit for Social Security payroll taxes for 2024

Millionaires reach limit for Social Security payroll taxes for 2024

Ezra Bailey | Getty Images Most Americans can expect to pay Social Security payroll taxes throughout 2024. But for top earners with gross annual wage income of $1 million, March 2 marks the date at which they will stop paying into the program, according to the Center for Economic and Policy Research. The reason why … Read more

Amid mass layoffs, experts say a new approach to job searching is best

Amid mass layoffs, experts say a new approach to job searching is best

Westend61 | Westend61 | Getty Images As thousands of layoffs make headlines, experts say there is a silver lining — a resilient job market. But to find your next position faster as companies cut costs, you may have to take a new approach. In January, companies cut a record 82,307 positions, the highest number of … Read more

41% of near retirees failed it

41% of near retirees failed it

Eclipse_images | E+ | Getty Images Many near retirees expect Social Security to be their largest source of income when they stop working. Yet, those who are on the brink of their so-called golden years fall short when it comes to knowledge about the program’s rules and what they can personally expect, according to a … Read more

Raising your credit score can help you save $92 per month: report

Raising your credit score can help you save  per month: report

With consumer prices still rising due to higher inflation, there is one way to save money that you may be overlooking: raising your credit score. Increasing your score from fair (580 to 669) to very good (740 to 799) may help you save $22,263 over the life of your credit and loans, according to a … Read more

How to know when to claim benefits

How to know when to claim benefits

Majamitrovic | E+ | Getty Images How to find your Social Security full retirement age If you were born between 1943 and 1954, your full retirement age is 66. If you were born in 1960 or later, your full retirement age is 67. The full Social Security retirement age gradually increases from 66 to 67 … Read more

Biden calls shrinkflation a ‘rip off.’ How to spot downsized products

Biden calls shrinkflation a ‘rip off.’ How to spot downsized products

Anna Bizon | Gallo Images Roots Rf Collection | Getty Images President Joe Biden took to social media ahead of the Super Bowl on Sunday to take a jab at snack companies that are giving consumers less food for their money. The phenomenon called shrinkflation — where consumer products become smaller in quantity, size or … Read more

Betting on the Super Bowl? Be sure to report your wins to the IRS

Betting on the Super Bowl? Be sure to report your wins to the IRS

Travis Kelce of the Kansas City Chiefs, left, and George Kittle of the San Francisco 49ers stand on stage during the NFL’s Super Bowl Opening Night show at Allegiant Stadium in Las Vegas, Feb. 5, 2024. Chris Unger | Getty Images Sport | Getty Images Sunday’s Super Bowl between the NFL’s San Francisco 49ers and … Read more