Social Security has a 'billionaire problem,' advocate warns

Social Security benefits will be cut significantly in 2035 without a fix. Here's what advocates say we can do to prevent that.

Study finds link between dementia, financial decision made by older Americans

When was the last time you had a financial discussion with your doctor? Or a health conversation with your bank? Probably never. One researcher says it may be time to rethink finances and health.

McDonald's menu hikes: McDouble up 168%, McChicken 200% in 10 years

McDonald's customers are shocked by nearly tripled prices over the past decade, with the McDouble up 168% and the McChicken Sandwich up 199%, driven by higher food, labor, and operational costs.

Most common hidden ‘junk fees’ and how much they cost you

Junk fees increase the total cost of many goods and services including concert tickets, hotel rooms, gym memberships and utility bills.

More Americans to qualify for Social Security under new SNAP rule

The Social Security Administration has expanded the definition of a public assistance household to include SNAP recipients, broadening eligibility and potentially increasing benefits for more Americans.

How much money it takes to be 'rich' in America for 2024

A recent GOBankingRates study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.

More newlyweds opting for a 'mini-moon'– here's why

The need for fun and relaxation after the wedding day is leading more newlyweds to choose shorter getaways as an alternative to traditional honeymoons.

Bad service, no tip: Most Americans demand quality before tipping

A recent YouGov poll reveals that as tipping becomes an expected norm in increasingly varied sectors amid rising living costs, over half of Americans now express a growing resentment towards tipping, opting to leave no tip for subpar service.

'Doom spending' instead of home buying—how young people are spending their money

Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.

How often does the IRS audit?

While the IRS accepts most tax returns, there are certain mistakes to avoid that may prompt the agency to take a closer look at your documents.

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.