Personal finance

Bloomberg Creative | Bloomberg Creative Photos | Getty Images'Historically large' hike in delinquencies and defaultsU.S. Department of Education Undersecretary James Kvaal said in a recent court filing that if the government isn't allowed…

It took me 20 years of trial and error before I achieved a multimillion-dollar net worth. Now, at 64, I draw income from the 18 companies I started and the 12,000 apartment units I own.But I wish I had known sooner that wealthy people think…

People wait in line to attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California.Patrick T. Fallon | Afp | Getty ImagesThese days the U.S. unemployment system is somewhat of an anomaly.Almost three years after the…

One-third of couples don't talk about finances until after marriage, according to a recent survey of 1,000 adults by Western & Southern Financial Group. This is especially alarming because, as it turns out, people do have financial deal…

By most measures, the U.S. economy is in solid shape.Although the first half of 2022 started off with negative growth, a strong labor market and resilient consumer helped turn things around and give hope for the year ahead.Gross domestic…

Damircudic | E+ | Getty ImagesThis is an excerpt from the Personal Finance team's weekly Twitter Space, "This week, your wallet." Check out the latest episode here, and tune in every Friday at 11 a.m. ET.Tax season kicked off Jan. 23. The…

John Miller | iStock | Getty ImagesA group of House Republicans are revisiting the Fair Tax Act, which would replace certain federal levies with a national sales tax and decentralize the IRS.While the plan may not get a floor vote and…

Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee.benedek | iStock | Getty ImagesDespite broad hikes in rental prices, competition is easing in some U.S. markets as inventory…

A woman shops for chicken at a supermarket in Santa Monica, California, on Sept. 13, 2022.Apu Gomes | AFP | Getty ImagesFor those who fear a recession may be coming, the only question is when.Many economists and CEOs, in fact, expect a…

Anna Moneymaker | Getty ImagesAs congressional lawmakers in the House slog through the early stages of negotiating over the debt ceiling — the amount of money the U.S. government can borrow — there's been concern that those discussions…