Personal finance

U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says

The U.S. job market is cooling at a worrisome rate but not to an extent that warrants panic — at…

How high earners can funnel money to a Roth IRA, the ‘gold standard’ of retirement accounts

You’d think earning more would make it easier to boost retirement savings. But high earners may find it tricky to…

American demand for international trips drives ‘travel momentum’ and overall spending

Travel spending among American households continues to outpace its pre-pandemic levels, a trend underpinned by a zeal for international trips,…

401(k) auto-enrollment features don’t help savings as much as expected, study finds

Employers are increasingly putting workers’ 401(k) plan savings on autopilot. But the positive impact of automated retirement savings is more…

Dollar General, Dollar Tree and Kroger customers pay over $90 million a year in cash-back fees, federal agency finds

Three of the nation’s largest retailers — Dollar General, Dollar Tree and Kroger — charge fees to customers who ask…

The IRS has a method of ‘last resort’ to collect overdue taxes: Revoking your passport

Travelers, be warned: The federal government may revoke your passport if you ignore a big tax bill. Such punishments have…

How investors can prepare for lower interest rates: It’s ‘like getting a haircut,’ advisor says

Federal Reserve chair Jerome Powell on Friday gave the clearest indication yet that the central bank is likely to start…

Why remote work has staying power: It’s ‘still kicking,’ economist says

Remote work, a trend that sprang to prominence during the Covid-19 pandemic, appears to be an entrenched fixture of the…

How EVs and gasoline cars compare on total cost — where you live can make a huge difference

Electric vehicles may save consumers money over the long term relative to traditional gasoline-powered cars. While EVs still tend to…

Here’s the deflation breakdown for July 2024 — in one chart

Inflation cooled below 3% in July 2024, the first time it dropped beneath that level in more than three years.…