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387 articles found for "retirement"
The first-ever Medicare negotiated drug prices went into effect January 1, 2026. Ten popular medications now cost 38-79% less, saving seniors an estimated $1.5 billion this year.
A new $6,000 tax deduction for Americans 65 and older went into effect in 2025 under the One Big Beautiful Bill Act. Here's how to qualify and maximize your savings.
The exact math, timeline, and strategy that turns a modest income into seven figures. No inheritance required.
The Department of Government Efficiency eliminated 350,000 federal positions in its first year, the largest peacetime workforce reduction in U.S. history. But total government spending kept climbing, exposing a fundamental misunderstanding about how the federal budget actually works.
The 30-year fixed mortgage rate averaged 5.98% this week, crossing below 6% for the first time since September 2022. The drop could unlock the housing market's lock-in effect and reshape the spring buying season.
Frontline reported Q4 profit of $228 million as supertanker rates surged to levels not seen in decades. Sanctions have removed over 15% of the VLCC fleet from the market.
Robinhood shares have fallen 50% from their October high and 33% year-to-date as crypto revenue missed estimates by $27 million and trading volumes declined across every asset class.
The Conference Board's Consumer Confidence Index rose 2.2 points to 91.2 in February, but the Present Situation Index continued to decline and consumers flagged prices and inflation as their top economic concern.
Wells Fargo has cut its workforce by 25% since 2020, from 275,000 to roughly 210,000 employees, with new layoffs in February targeting loan servicing roles that AI and automation can handle.
The enhanced ACA premium tax credits expired, doubling insurance costs for 22 million Americans. Analysts project 5 million could become uninsured in the largest health coverage disruption since Obamacare launched.
Nearly one in four student loan borrowers is now delinquent, the SAVE repayment plan is being shut down affecting 7 million borrowers, and most debt forgiveness will be taxed as income starting in 2026.
Realty Income beat Q4 estimates with AFFO of $4.28 per share for 2025, raised its dividend for the 113th straight quarter, and launched a private capital fund and Mexico expansion.