Personal finance

CFPB cracks down on popular paycheck advance programs. Here’s what that means for workers

The Consumer Financial Protection Bureau is cracking down on so-called paycheck advance programs, which have grown popular with workers in…

‘Loophole’ may get you a $7,500 tax credit for leasing an EV, auto analysts say

Buying a new electric vehicle isn’t the only way consumers can access a $7,500 federal EV tax credit. They may…

Many Americans think they’re insulated from climate change. Their finances indicate otherwise

Many Americans think they’re insulated from the effects of global warming. But climate change is already having negative and broad…

With high prices and mortgage rates, aspiring and current homeowners feel ‘stuck’

When Rachel Burress moved into her mother’s house around a decade ago, it seemed like a short-term stop on the…

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

Inflation has throttled back significantly since peaking two years ago. The U.S. economy is even seeing some prices deflate for…

High inflation is largely not Biden’s or Trump’s fault, economists say

Inflation decelerated again in June, bringing further relief to consumers’ wallets. The consumer price index rose 3% in June 2024…

The Fed may soon cut interest rates. That could make your next trip abroad more expensive

The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive…

Job scams surged 118% in 2023, aided by AI. Here’s how to stop them

Employment scams surged last year, as criminals leveraged artificial intelligence to steal money and personal information from unsuspecting job seekers,…

Rent a car for a road trip, or drive your own? 5 things to consider

Summer is the season of road trips. A record 70.9 million Americans are expected to travel by car during the…

Is inflation Biden’s or Trump’s fault? The answer isn’t so simple, economists say

The recent U.S. presidential debate saw both candidates trade barbs related to the economy. High pandemic-era inflation was among the…