Retirement savings 'magic number' surges to new high for Americans

The "magic number" that Americans believe they need to retire comfortably has jumped to an all-time high, according to a new study by Northwestern Mutual.

With taxes due in 2 weeks, here's how to file a tax extension

The deadline to file your taxes is April 15, but if you don’t know if you’ll be ready in time, these are the steps to file a tax extension.

Final fourth quarter GDP revised upwards as consumer spending rises

The final estimate for real gross domestic product (GDP) in the fourth quarter of 2023 was revised upwards, showing that the U.S. economy grew.

Why are food prices so high despite inflation falling?

Even if the cost of groceries declines, researchers say it's harder to notice decreasing food prices when the overall cost of living remains steep.

US students want financial planning and other life skills education, survey finds

Nearly 1 in 5 recent U.S. graduates said they are the least confident in handling automotive maintenance, such as changing a tire or their oil, according to the survey.

401(k) hardship withdrawals increase as inflation stays high

A record number of Americans are dipping into their retirement savings accounts for financial emergencies amid ongoing high inflation.

How inflation of 10 items in Houston compares to the rest of the US

The past two years of inflation have hit home for all Americans, but it hasn't hit the same everywhere. In Houston, annual inflation was 3.5% in February, compared to 3.2% nationally.

Three reasons why egg prices are so high ahead of Easter

Egg prices are reaching near-historic highs globally as Easter and Passover approach, reflecting market turbulence driven by disease, high demand, and rising costs for farmers.

Visa, Mastercard agree to settlement over swipe fees with merchants

The settlement reached between U.S. merchants and Visa and Mastercard could potentially save consumers tens of billions of dollars.