Berkshire Hathaway shares fell on Friday, a day after CEO Warren Buffett left following a 60-year run. The 95-year-old officially stepped down Thursday, and successor…
A Roth IRA offers tax-free growth and tax-free withdrawals in retirement, which can benefit young adults with long time horizons. You can help open a Roth IRA for an adult child if they have earned…
The U.S. is showing signs of a “K-shaped” economy with spending among lower-income consumers showing little growth in comparison to their higher-income counterparts, a new analysis from the Bank of America Institute shows. Internal data detailed in the report showed that in November the three-month average of total card spending reflected…
To recover from holiday spending without stress, you must first assess the damage by tallying all holiday receipts and statements. Once you have the total, create a recovery budget that excludes discretionary spending and prioritizes debt repayment using strategies such as the debt snowball or avalanche. Accelerate this process by…
A federal judge ruled Tuesday that the Trump administration is legally required to secure funding for the U.S. Consumer Financial Protection Bureau (CFPB), and that failing to do so would violate a prior court order barring the government from dismantling or shutting down the agency. In the 32-page ruling, U.S.…
Homebuyers can usher in 2026 with a little relief as mortgage rates fell to the lowest level of 2025 in the final report of the year. Freddie Mac’s latest Primary Mortgage Market Survey, released Wednesday, showed the average rate on the benchmark 30-year fixed mortgage decreased to 6.15% from last…
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Whether it’s a carton of milk or a gift for your cousin who has just decided to come home for Christmas, there are always last-minute items you need to make your holiday complete. Several U.S.…
