Personal Finance

Savings rates climb to levels not seen since 2009. Here’s how to get the best return on your money

When the Federal Reserve hiked the target federal funds rate by another 0.75 percentage points this month, it opened some…

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IRS steps up efforts to target U.S. taxpayers who failed to report and pay taxes on cryptocurrency transactions

The IRS continues to chase U.S. taxpayers who failed to report and pay taxes on cryptocurrency transactions with a new…

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Home purchase cancellations are above 15% for the second straight month. It’s important to know the financial repercussions

Steve Pfost | Newsday | Getty Images Amid higher interest rates and a softening housing market, home buyers are continuing…

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Nearly 6 million older adults are living below the poverty line. These resources can help struggling seniors

Solstock | E+ | Getty Images Apply for food benefits Pixelseffect | E+ | Getty Images Many seniors aren’t taking…

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Here’s why pumpkin spice lattes are so popular: It’s ‘very simple economics,’ say the experts

Mphillips007 | E+ | Getty Images The pumpkin spice latte is back — and the popular and meme-ified seasonal drink…

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Everything parents need to know about student loan forgiveness

Phynart Studio | Istock | Getty Images President Joe Biden’s announcement last month that he’ll forgive up to $20,000 in…

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As 30-year mortgage rates hit 6.7%, homebuyers are facing ‘payment shock.’ Here are ways to save

Noel Hendrickson/Getty Images Even with signs that the housing market is cooling, homebuyers are still feeling the sting of elevated…

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Bond yields soar as markets weigh threat of a recession. What it means for your investments

Hoxton/Sam Edwards | Getty Images Bond yields jumped this week after another major rate hike from the Federal Reserve, flashing…

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56% of Americans think the U.S. is already in a recession. These 4 steps can help protect your finances in a downturn

It’s very easy to get swayed by headline news and market drops when you’re not clear on what you’re working…

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Inflation and higher rates are a ‘dangerous mix’ for consumers already stretched thin, says chief financial analyst

After years of cheap money, it’s suddenly a lot more expensive to borrow. The Federal Reserve has raised its benchmark short-term rate…

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