Trump accounts have signed up 5 million children, and 1.2 million are eligible for a $1,000 pilot program contribution, Treasury Secretary Scott Bessent said during CNBC’s Invest in America Forum on Wednesday. Enacted via President Donald Trump‘s “big beautiful bill,” the new tax-deferred investing accounts for children will officially launch on July 4. While all…
Anchiy | E+ | Getty Images Relying on your parents for money can help you to become independent. But it can also create problems in your relationship if not handled well, experts say. About two-thirds, or 64%, of parents with Gen Z children — those between the ages of 18 and 28 — say their…
Andersen Ross Photography Inc | Digitalvision | Getty Images A battle over in-state tuition for undocumented students has been heating up nationwide. At least 22 states and the District of Columbia allow students — including those in the Deferred Action for Childhood Arrivals program, who are known as “Dreamers” — to pay in-state tuition at public…
A woman shops for dairy products at a local supermarket in the Sugar Hill neighborhood of the Manhattan borough of New York City on April 9, 2026. Charly Triballeau | Afp | Getty Images Inflation spiked in March as the Iran war pushed up gasoline and other prices for consumers. The consumer price index, a…
A customer pumps gas into their vehicle on Oct. 24, 2025 in Miami, Florida. Joe Raedle | Getty Images The Social Security cost-of-living adjustment for 2027 could climb higher as new government data shows a jump in inflation and gasoline prices, according to one new estimate. The cost-of-living adjustment, or COLA, could be 3.2% in…
Artiemedvedev | Istock | Getty Images The average tax refund is 11.1% higher so far this season, compared with about the same period in 2025, according to the latest IRS filing data. As of April 3, the average refund amount for individual filers was $3,462, up from $3,116 about one year ago, the IRS reported on Friday. The IRS…
A US Postal Service (USPS) post office is near Los Angeles International Airport (LAX) in Los Angeles, California, on Feb. 5, 2025. Patrick T. Fallon | AFP | Getty Images The U.S. Postal Service, citing what it called a “severe financial crisis,” on Thursday announced a proposed set of price hikes across its mail products,…
Travelers in Terminal 1 at John F. Kennedy International Airport in New York, March 1, 2026. Michael Nagle | Bloomberg | Getty Images For budget-conscious travelers, it’s gotten harder to escape the rising cost of airfare in recent weeks. Airlines are raising bag fees, adding fuel surcharges and cutting flight schedules to manage the fallout…
A selection of Louis Vuitton handbags is neatly arranged on a shelf inside a luxury boutique in Bari, Italy, on July 2, 2025. (Photo by Matteo Della Torre/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images A New York woman who worked as a personal assistant pleaded guilty to wire fraud on Wednesday for…
Antonio Garcia Recena | Moment | Getty Images The average tax refund is about $350 higher so far this season, compared with about the same period in 2025, according to the latest IRS filing data. As of March 27, the average refund amount for individual filers was $3,521, up from $3,170 roughly one year ago, the IRS reported on…
