Your Social Security COLA increase could be bigger than expected next year

Social Security recipients are on track to receive a cost-of-living adjustment (COLA) next year that is bigger than previously expected after inflation accelerated for the third month in a row.

Tax Day 2024: States with highest and lowest taxes revealed

The tax deadline is on April 15, but what you owe can vary significantly based on the state that you live in.

Credit card delinquency rates hit worst level since 2012 in new Fed data

All stages of credit card delinquency — 30, 60 and 90 days past due — rose during the fourth quarter of 2023 to the highest level since 2012, when the Fed began tracking the data.

Tax Day 2024: Delayed filing allowed for Michigan counties impacted by flooding, severe storms

Residents of nine Michigan counties impacted by severe weather last summer have a few extra months to file their taxes. Monday is Tax Day, but residents in Eaton, Ingham, Ionia, Kent, Livingston, Macomb, Monroe, Oakland, and Wayne counties don't have to file their individual or business tax returns until June 17.

'Subscription creep': How much it's costing you and how to stop it

Managing the array of consumer options can be daunting as expenses grow, especially when subscriptions are forgotten; here are strategies to track surplus subscriptions.

March inflation breakdown: What prices are rising the fastest?

Here is a breakdown of where Americans are seeing prices rising and falling the fastest as they continue to wrestle with sticker shock.

America's top 1% has total net worth of $44 trillion

Recent Federal Reserve data reveals that America's wealthiest 1%, with assets exceeding $11 million, amassed a record $44.6 trillion in wealth by the end of the fourth quarter of 2023, with fluctuations observed based on geographical location.

Financial literacy event for Girl Scouts teaches value of money management

On Thursday, the 2nd floor of the Federal Reserve Bank transformed - it is the brainchild of former Detroit Public School Student and employee Laketa Dumas, founder of “The BIG Institute.”

Minimum wage vs. tipped wage: State-by-state comparison

Most fast food workers in California are set to be paid a minimum of $20 per hour under a new law that starts Monday. Here is a look at how that compares to other minimum wages across the country.

Here's why paid loyalty programs are all the rage at stores and restaurants

Looking for reliable sales in an unpredictable spending environment, more companies have extended their points-based loyalty tiers to making their most dependable customers feel valued for an up-front fee.

Home ownership gap from Boomers to Millennials, brings more challenges for younger generations

According to the Federal Reserve, Americans over the age of 55 control about 72 percent of the nation's wealth. On the flip side, those under the age of 40 have 7 percent of country's money.