Study shows how long Social Security, $1.5M nest egg would last in 50 states

Retirement nest eggs and Social Security benefits are key sources of funds for many Americans as they live out their golden years in the state of their choosing. A recently-released study from…

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Inflation eases in February, but Trump tariffs could derail progress

Annual inflation increased to 2.8% in February, an unexpected decline from 3.0% in January, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS).Inflation increased 0.2%…

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Mortgage rates hit a two-month low this week, remain under 7%

There's good news for potential homebuyers: mortgage rates continued to trend down this week. In January, rates hit 7.04%, the highest level since last May. This week, however, 30-year rates…

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401(k) balances hit second highest on record: Fidelity

Balances for 401(k) retirement accounts hit the "second-highest average on record" in the final quarter of 2024, according to new data from Fidelity Investments. The financial services company found in its…

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Will you get a tax refund this year? Experts have ideas on how to use the money

The Internal Revenue Service has doled out millions of tax refunds amid the ongoing 2025 tax filing season. More than 8 million tax refunds have gone out during the 2025 season…

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January inflation gives Fed more reason to hold on interest rate cuts

Annual inflation increased to 3% in January, rising above expectations and giving the Federal Reserve further reason to slow down interest rate cuts.Inflation increased 0.5% monthly, slightly exceeding expectations and…

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Verizon clears $10M in debt for North Carolina residents impacted by Hurricane Helene

Verizon is teaming up with ForgiveCo to clear $10 million in consumer debt for more than 6,500 North Carolinians impacted by Hurricane Helene.The communications company said the debt relief campaign…

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Fed hits pause on interest rate cuts for now

Interest rates will stay higher for longer as the Federal Reserve pauses further interest rate cuts to give inflation room to drop closer to its 2% target rate.  The Federal Reserve…

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California’s homeowners insurance industry faces rough road ahead as wildfires continue

The California wildfires have brought widespread disaster to communities in Southern California. It’s also contributed to a serious insurance crisis happening in the state. Many insurers have pulled out of…

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December inflation clouds Fed’s outlook on interest rate cuts

Annual inflation increased to 2.9% in December, rising modestly above the 2.7% annual inflation rate of the previous month, according to the Consumer Price Index (CPI) released by the Bureau…

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