News

LA residents outraged over sprawling homeless encampment with tennis court, garden, BBQ pit — but city has excuse for not doing anything. Is it fair?

The city’s Department of Building and Safety has issued an ‘order to comply’ to the property owner, demanding they address ...

I turn 65 next year and will finally retire with $1.5M in my 401(k). But with a chronic health condition, do I also need long-term care insurance?

In this case, buying LTC insurance could make sense. With a strong retirement cushion and manageable expenses, he could ...

The Fed raises alarm over 'deterioration' in the US housing market — here's what that means for buyers (and why rate cuts may not be a silver bullet)

First-time buyers may feel the squeeze the most. A recent Fed board speech by Governor Adriana D. Kugler highlighted that ...

I’m 40 and my mom just died, leaving me with a $3.25M inheritance — how do I use this windfall wisely to ensure it’ll last me long term?

Beyond the tax implications, you need to make a smart plan for how to make the money last. An often cited statistic from a 20 ...

Americans are facing the biggest spike in health insurance costs in 15 years — here are 3 easy ways to protect against it

The expression “an apple a day keeps the doctor away” is both a common idiom and, given the way health insurance costs are ...

My son, 16, has been getting $700/month from Social Security since his dad died. I’m managing this money for him — but how do I make the most of it?

Due to his father’s untimely passing, Todd has started receiving $700 every month in Social Security benefits. The Social ...

Australians are blasting a new proposal that taxes ‘unused bedrooms’ to solve housing crisis — but would it work in the US?

The unused bedroom tax is one of several ideas raised at Australia’s recent Economic Reform Roundtable. Treasurer Jim ...

Americans are losing confidence in their ability to become wealthy — except for this 1 group. Here's how they're managing to buck the trend

Optimism about becoming wealthy declined across every demographic — gender, generation, parental status and income level — ...

Costco members push back on new shopping rules set to hit this week — here’s the 1 big change that’s causing a stir. Does it bother you?

Most shoppers approve of the upgrade. Half of Costco’s U.S. members pay for Executive status, and they’re responsible for 73% ...

I'm 40, getting divorced and need $90K to buy out the house for me and the kids. I have $20K in savings — do I borrow the rest or tap into my 401(k)?

Divorce often forces tough financial decisions. For 40-year-old Mel, that decision boils down to whether to withdraw money ...

The US now has more unemployed workers than job openings for the 1st time since April 2021 — why this single ‘turning point’ signals trouble ahead

The U.S. economy, already plagued by tariff uncertainty and inflation concerns, received a “jolt” of bad news just days after ...

Oregon man won ‘$5K a week forever’ in 2012, spent cash like he was set for life — but Publishers Clearing House went bankrupt. Now he might lose home

According to NBC affiliate KGW8 [1], Wyllie received an annual check for $260,000 every January. The money let him retire and ...