Sales tax free week at the Connecticut Post Mall, in Milford, Conn. Aug. 19, 2024. Connecticut Post/hearst Newspapers | Hearst Newspapers | Getty Images Every year, a handful of states offer shoppers a temporary tax break to encourage spending. This year, some of those “sales tax holidays” are happening as President Donald Trump’s tariffs threaten to…
Bartender Athena Young cleans glasses while speaking to the Review-Journal about the “no tax on tips” policy at Atomic Kitchen in Las Vegas, Wednesday, July 31, 2024. Las Vegas Review-journal | Tribune News Service | Getty Images Maddy Lopez, a bartender in Los Angeles, has spent 25 years working in the restaurant industry, where tips…
Fans enjoy Taylor Swift’s performance during The Eras Tour at SoFi Stadium in Inglewood, California, Aug. 7, 2023. Allen J. Schaben | Los Angeles Times | Getty Images Many Americans have become accustomed to breaking up big purchases with buy now, pay later loans — including tickets for concerts and other live events. Going to…
Alina Rudya/bell Collective | Digitalvision | Getty Images I didn’t think much of my daily cell phone use during a vacation to Paris in May. But by the end of the five-day trip, I’d amassed almost $50 in extra charges — for fairly routine tasks like checking restaurant hours and menus, or researching neighborhood attractions…
Halfpoint Images | Moment | Getty Images Consumers are racing to buy electric vehicles before a fast-approaching deadline to claim tax credits worth up to $7,500, according to auto analysts. Legislation championed by Republicans on Capitol Hill and signed by President Donald Trump in July eliminates the tax breaks — available for new, used and…
10’000 Hours | Digitalvision | Getty Images Criminals are increasingly pilfering the retirement and other financial accounts of older Americans via so-called “imposter” scams, the Federal Trade Commission reported Thursday. The frauds tend to go like this: Scammers conjure a fake crisis and pose as trustworthy sources — perhaps a representative for a bank or…
Johner Images | Johner Images Royalty-free | Getty Images President Donald Trump‘s “big beautiful bill” overhauled the so-called Standard Repayment Plan for federal student loan borrowers. Next year, millions of current borrowers will have access to the changed program. For new borrowers, it will be one of just two options available to pay back their debt. That…
U.S. President Donald Trump waves from the roof of the West Wing of the White House as he takes a tour on August 05, 2025 in Washington, DC. Win Mcnamee | Getty Images News | Getty Images President Donald Trump signed Thursday an executive order that lays the groundwork to add alternative assets such as…
Credit card balances are ticking higher in 2025, according to a new quarterly report on household debt from the Federal Reserve Bank of New York. Balances rose by $27 billion in the second quarter to a collective $1.21 trillion — in line with last year’s all-time high. The total is up 2.3% from the previous quarter. At…
A record number of passengers flew in 2024. Izusek | E+ | Getty Images Southwest Airlines, once known for its first-come, first-served approach to boarding and seating, on Tuesday began selling its first tickets with assigned seats. That change — and with it, new boarding groups — goes into effect for flights in late January….
