Personal Finance

A phantom debt collection scam duped consumers out of more than $1 million. Here are 5 ways you can avoid falling victim

Fizkes | Istock | Getty Images Almost 2,000 consumers who were conned into paying debts they didn’t owe are in…

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Gas is cheaper but groceries are not: How to save as food inflation jumps at the fastest pace since 1979

To feel the effects of inflation, just go to the supermarket. Although inflation, overall, began to ease last month along…

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With or without federal student loan forgiveness, colleges must tackle affordability crisis, experts say

The Biden administration has promised to make a decision on student loan forgiveness within weeks, or even days. And yet,…

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Buying a car and want to go electric? Inflation Reduction Act extends $7,500 tax credit — but with price, income caps

David Madison | Photodisc | Getty Images A federal tax break that’s available to car buyers for going electric may…

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Retirees on Social Security could see monthly benefit rise average $159 in 2023 due to inflation, estimate finds

New government data points to signs that red-hot inflation is starting to cool. But Social Security beneficiaries may still be…

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Inflation Reduction Act extends ‘pass-through’ tax break limits for 2 more years. Here’s what that means for entrepreneurs

Senate Majority Leader Chuck Schumer, D-N.Y., discusses the Inflation Reduction Act on Aug. 7, 2022 in Washington, D.C. Kent Nishimura…

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On rare days, the market rises 5% — or even 10%, Wells Fargo finds. How to make sure you’re there for it

Gzorgz | Istock | Getty Images “It was the best of times, it was the worst of times.” With those…

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1 in 5 insulin users on Medicare has ‘catastrophic’ drug spending, Yale finds. The Inflation Reduction Act may help

Amid one of the worst public-health crises in history, a record number of Americans are without health insurance. John Fedele…

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Carried interest provision is cut from Inflation Reduction Act. How this tax break works, and how it benefits high-income taxpayers

Sen. Kyrsten Sinema, D-Ariz., and Sen. Joe Manchin, D-W.V., on Capitol Hill on Sept. 30, 2021. Jabin Botsford | The…

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Reconciliation bill includes nearly $80 billion for IRS including enforcement, audits: What that means for taxpayers

Senate Democrats on Sunday passed their climate, health and tax package, including nearly $80 billion in funding for the IRS.…

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