Americans moving past taboos about family financial planning, study finds

Americans have historically been averse to discussing financial matters among family members, but a recent study by Fidelity Investments found that attitudes toward taboo wealth topics are shifting.Fidelity's State of Wealth Mobility…

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Top personal finance New Year’s resolutions for 2025

The elevated inflation in recent years continued to wreak havoc on many Americans' wallets in 2024, but the start of the new year provides a great opportunity to set new…

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The Federal Reserve announced a third rate cut; fewer are expected in 2025

The Federal Reserve just cut interest rates one more time this year. In their recent meeting, the Fed decided to cut rates by a quarter of a percentage point, dropping…

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More Americans have brighter outlook on state of finances for next year: survey

As the new year approaches, more Americans have a brighter outlook for the state of their personal finances in 2025, a recent survey indicated. Bankrate said Thursday its survey found that 44%…

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Energy prices are high and people in these states face the heftiest electricity bills

Paying utilities bills, including ones for electricity, is a responsibility that many Americans face – and some have difficulty covering – each month. Nationwide, the amount of money that Americans had…

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November inflation increase won’t derail Fed interest rate cuts

Annual inflation increased to 2.7% in November, rising modestly above the 2.6% annual inflation rate of the previous month, according to the Consumer Price Index (CPI) released by the Bureau…

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The U.S. added 227,000 jobs in November, setting in motion potential Fed rate cuts in December

November saw a higher rise in job numbers than originally expected. Nonfarm payroll employment rose by 227,000, while the unemployment rate bumped up slightly to 4.2%, the U.S. Bureau of…

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7 ways to avoid getting scammed by a ‘charity’ this holiday season

A few years ago, a heart-wrenching story from New Jersey captured the nation’s attention. A couple, Katelyn McClure and her boyfriend, launched a fundraiser to help a homeless man claiming…

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Gen X helps drive retirement savings balances to new record

Generation X has been boosting its efforts to build nest eggs for retirement, according to the newly-released data from Fidelity Investments. The financial services company reported Thursday in its third-quarter retirement…

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FHFA announces higher mortgage loan limits for 2025

Housing prices have remained high for the last few years, largely due to fluctuating mortgage rates and lasting economic effects from the pandemic. In response, conforming loan limits (CLL), which…

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