The launch of TrumpRx.gov — a new federal website designed to lower prescription costs — has made headlines with promises of massive savings. President Donald Trump called the initiative a “very big deal” that would help Americans get healthy while saving money. USA Today notes that for the average consumer, the reality is more complicated. … Read more
The Secure 2.0 Act became law in 2022 and provided ways to help more people save for retirement. The legislation gave employers a slew of new retirement plan options, but not every provision is being utilized. Vanguard has been tracking how employers adopt the provisions. According to its findings, employers are prioritizing plans that help … Read more
The big-city vacation is losing its shine. According to the What the Future travel report for 2026 from Kayak, 84% of Gen Z and millennial travelers say they’d rather visit a rural area or smaller city than a major metropolitan hub. Lower costs and fewer crowds certainly play a role, but that’s not the whole … Read more
If you grew up in a household where orange juice required a pitcher, a spoon and a little bit of elbow grease, prepare to say goodbye to a slice of history. Minute Maid has announced it is discontinuing its frozen orange juice concentrate, ending an 80-year run for the freezer aisle staple. According to NBC … Read more
Wondering whether you’re ahead or behind the retirement savings curve? A recent look at 401(k) balances shows where Americans actually stand, and the numbers might surprise you. These figures come from Empower’s anonymized data as of last fall and include balances from people using the company’s online financial dashboard. The data may reflect holdings from … Read more
Maybe it’s because I’ve bought and sold many houses over the years, but I look at a house differently than most people. You may see a dream home where you will raise your family. I see a massive, illiquid asset attached to a six-figure debt instrument that requires constant capital infusions just to keep it … Read more
Federal Reserve Governor Michael Barr said on Tuesday that another central bank interest rate cut could come somewhere well down the road amid ongoing risks to the U.S. inflation outlook. “Based on current conditions and the data in hand, it will likely be appropriate to hold rates steady for some time as we assess incoming … Read more
Gauging the personal pain that’s hitting those buried by credit card debt and other bills often amounts to absolute disbelief over today’s incredibly high interest rates. The average rate on credit card debt was 22.3% for accounts that carried a balance and ended up being assessed interest, according to the latest November data released by … Read more
U.S. stocks posted modest gains on Tuesday, as technology shares rebounded from earlier lows and financial stocks also provided support. After dropping as much as 1.5% at its lows of the session, the S&P 500 information technology sector pared declines and was up about 1% as gains in Nvidia and Apple overcame declines in Microsoft … Read more
When Tracie Klossner opened up her utility bill this month, she walked over to her thermostat and turned the temperature down a few degrees. A resident of the Rochester, New York, area, Klossner is no stranger to harsh winters. But a stretch of consecutive days of temperatures that hardly cracked the 20s and dipped to … Read more