Trump accounts have ‘more unanswered questions than answered,’ expert says. What’s still unknown

On the heels of a massive publicity push, families have signed up about 3 million kids for Trump accounts, according to the U.S. Department of the Treasury — well ahead of the July launch date. The “free money” is likely a major incentive. The federal government has said it will make a one-time $1,000 contribution … Read more

Tax season presents a boom-or-bust test for U.S. auto sales

Customers at a Ford dealership in Richmond, California, April 16, 2025. David Paul Morris | Bloomberg | Getty Images DETROIT — The strength of the U.S. automotive industry will face an early test this spring that has nothing to do with cars or trucks. With tax season starting, industry experts are projecting that some Americans, … Read more

What a Supreme Court tariff ruling may mean for your money

The Supreme Court in Washington, Jan. 27, 2026. Al Drago | Bloomberg | Getty Images The Supreme Court may decide the fate of President Donald Trump’s tariff agenda as soon as Friday — and the ruling has implications for consumers’ wallets, according to economists. If the high court were to rule that certain tariffs are … Read more

3 tax mistakes that could trigger a business audit — plus the tools to avoid them

Tax season is upon us and while we know that you’d never intentionally try to get on the IRS’ bad side, it’s worth the quick reminder to be wary of how you do your taxes and avoid mistakes. If you’re a new business owner, it can be hard to know every single thing you need … Read more

Social Security has ‘no bankruptcy or collapse in the cards,’ economist says — but benefits may change

People line up outside the Social Security Administration office in San Francisco. Getty Images Social Security, the federal social insurance program that millions of Americans rely on for income, faces a shortfall in funding it counts on from its trust funds. But that doesn’t mean the program is going bankrupt or will be entirely unable … Read more

More employers worry about their workers’ financial well-being, research shows. Here’s what they’re doing about it

Da-kuk | E+ | Getty Images As many Americans struggle to keep up with the rising cost of living — housing, groceries, electricity and other necessities — their financial stress is getting more attention in the workplace. In 2025, employer discomfort at their workers’ financial well-being reached a new high: 48% rated their concern at … Read more

Trump calls for one-year cap on credit card interest rates at 10%

A shopper pays with a credit card at the farmer’s market in San Francisco on March 27, 2025. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump said on Friday he was calling for a one-year cap on credit card interest rates at 10% starting on Jan. 20, but he did not provide details … Read more

Trump: We are going to run Venezuela until we can do a safe, proper and judicious transition

President Donald Trump said the U.S. is going to temporarily take over governing Venezuela after launching a large-scale surprise attack on the country overnight. “We are going to run the country until such time as we can do a safe, proper and judicious transition,” Trump said in a press conference Saturday morning from his Mar-a-Lago residence in … Read more

Estate planning helps ‘forestall bad outcomes,’ author says — you need some key documents even at age 18

Miodrag Ignjatovic | E+ | Getty Images After Beth Pinsker’s father died, she had her mother set up a new estate plan that included a power of attorney, a legal document that gives permission for someone to make financial decisions on your behalf if you become incapacitated. Yet it wasn’t until years later, when her … Read more

Trump administration must fund U.S. consumer finance watchdog, judge says

A view of the Consumer Financial Protection Bureau (CFPB) headquarters building in Washington, DC, on Feb. 10, 2025. Saul Loeb | AFP | Getty Images A federal judge on Tuesday rejected a claim by President Donald Trump’s administration that it is legally barred from securing funding for the U.S. Consumer Financial Protection Bureau, noting that … Read more