Cautioning that families are still feeling the sting of Biden-era inflation, U.S. Treasury Secretary Scott Bessent indicated that Americans can expect real affordability relief soon while forecasting meaningful progress on everyday prices, wages and housing as he touted an economy poised for a “bountiful” 2026. “We should think that 2025…

The U.S. economy added jobs in November as economic uncertainty continued to dampen activity in the labor market. The Labor Department on Tuesday reported that employers added 64,000 jobs in November, a figure that was above the 50,000 estimate of economists polled by LSEG.The unemployment rate ticked higher to 4.6% for November,…

Key takeaways Your required minimum distribution (RMD) amount changes each year based on the IRS’s life expectancy calculation for your age. You calculate your RMD by dividing your year-end account value by the estimated remaining years in your lifetime, as per an IRS table. If you miss the RMD deadline,…

Driving under the influence of alcohol or drugs is one of the single most expensive mistakes you can make on the road. If you’re charged with a DUI, tickets and fines are only the start of your financial challenges — but the total cost of a DUI can add up…