Key takeaways The standard deduction is a specific dollar amount that you can use to reduce your taxable income. You have to choose between claiming…
Key takeaways The deadline to file federal income tax returns this year — to report income earned in 2025 — is April 15, 2026. If you file an extension, you have until Oct. 15 to…
Beef prices are surging, and American households are forking over more money for their steaks, roasts and burgers, the latest inflation data shows. The Bureau of Labor Statistics released the December consumer price index (CPI) which showed that prices for beef and veal rose 1% compared with prices the month before…
Image by PM Images/Getty Images; Illustration by Hunter Newton/Bankrate Mortgage rates dipped again this week, with the 30-year fixed rate averaging 6.18%, down from 6.24% last week and the lowest level since September 2022, according to Bankrate’s latest lender survey. Current mortgage rates Loan type Current 4 weeks ago One…
Image: Getty Images; Illustration: Bankrate HELOC rates took a big dive in the latest week, dropping to three-year lows. The $30,000 home equity line of credit plummeted 78 basis points to 7.44%, as a major lender resumed its promotions, according to Bankrate’s national survey of lenders. Meanwhile, the benchmark five-year…
Amanda Gomez submitted hundreds of rental applications for an apartment in Harlem, New York, last year. Most were met with silence. Fifteen, however, were outright rejected. When she subsequently noticed the same apartments relisted five or six times, Gomez suspected racial discrimination. In 2024, housing discrimination complaints filed with the…
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The U.S. economy saw modest job growth in December as employers hired at a steady pace amid economic uncertainty. The Labor Department on Friday reported that employers added 50,000 jobs in December. That figure was cooler…
