Personal Finance

Over the past month, recent surveys and trends have shown a consistent signal: households are still spending and saving, but confidence is eroding. Gallup shows affordability is still the dominant concern, the Fed's household survey highlights a widening gap between spending behavior and sentiment...

Billionaire Mark Cuban disclosed that he was once wealthier than Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk and Amazon.com (NASDAQ:AMZN) founder Jeff Bezos combined, but his focus stayed on his other interests. Speaking on the House of Haymakers podcast earlier this month, the Shark Tank star...

First Lady Melania Trump and Treasury Secretary Scott Bessent on Thursday announced the launch of Fostering the Future Accounts, a new expansion of Trump Accounts designed to help children in foster care build long-term savings and wealth. The initiative allows state child welfare agencies to act...

More than 300,000 federal student loan borrowers have exited the defunct SAVE repayment plan in recent weeks, but millions remain at risk as deadlines approach. Nicholas Kent, a top official at the U.S. Department of Education, told CNBC on Thursday that borrowers still enrolled in the Biden-era...

For years, investors who bought shares of big tech like Nvidia Corp (NASDAQ:NVDA), Apple, Inc. (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT), and Tesla, inc (NASDAQ:TSLA), early, enjoyed one of the greatest wealth-creation cycles in market history. But that success has created a new problem: many of...

Federal investigators raised concerns about how Medicare Advantage plans handle requests for post-hospital recovery care, finding that many denials were later overturned on appeal. Two reports from the Office of Inspector General at the Department of Health and Human Services earlier this month...

Social Security beneficiaries could face a 22% reduction in scheduled retirement benefits after 2032, according to the Social Security Board of Trustees’ annual report released Tuesday. The trustees said the Social Security trust fund that pays retirement and survivor benefits is projected to...

Robinhood Markets, Inc. (NASDAQ:HOOD) continued its growth streak in May, releasing monthly activity data that shows a platform firing on nearly all cylinders. HOOD stock is moving. See the chart and price action here. Robinhood’s May Operational Data Total Platform Assets hit $377...

Many retirees spend years worrying about running out of money. But financial advisors say another risk often goes unnoticed. Some retirees spend too little and fail to fully enjoy retirement. "Overspending is risky. But underspending is risky too," financial advisor Zach Teutsch told CNBC, arguing...

More than 60 Democratic lawmakers, led by Sen. Elizabeth Warren (D-Mass.), urged Education Secretary Linda McMahon on Sunday to provide student debt relief to eligible borrowers and halt plans to transfer defaulted student-loan accounts to the Treasury Department. The lawmakers called on the...

Last week, we discussed Gallup's finding that affordability — for the fifth year in a row — remains Americans' top financial concern and that a growing number of households feel their financial situation is deteriorating. Inflation and rising costs are certainly part of the story, but they may not...

Most investors treat the cash balance in a brokerage account the way they treat money in a checking account, assuming a federal backstop sits quietly underneath it. The reality is messier, and the gap can bite when a firm fails or when your yield quietly disappears. The protection behind a bank...

More U.S. homeowners are pulling their properties off the market as buyers push back against high prices and gain greater negotiating power. A Redfin report published Wednesday found that 5.8% of all U.S. home listings were delisted in April, tying December 2025 for the highest level since March...

Financial planners say Trump Accounts could give children a new way to build tax-free retirement savings through Roth IRAs, creating what one tax attorney described as a “legal backdoor” that was previously unavailable to most minors. In a CNBC report published Wednesday, Adam Bergman,...

Some Americans who still receive Social Security benefits by paper check will need to switch to electronic payments as the federal government completes its move away from paper-based disbursements. The Social Security Administration (SSA) said in a blog post published Tuesday that it plans to fully...