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Byline: Paul Davidson and Medora Lee, USA TODAY President-elect Donald Trump's plans for higher tariffs, lower taxes and more curbs on immigration are expected to reignite inflation, economic forecasters say, [...]

Byline: Paul Davidson, Daniel de Visé, and Medora Lee, USA TODAY WASHINGTON - The Federal Reserve lowered its key interest rate by a quarter percentage point Thursday, its second straight [...]

Byline: Medora Lee USA TODAY Feeling lonely? Inflation may be partly to blame, according to a new survey. Thirty-seven percent of Americans said they're neglecting their friends because it's gotten [...]

Byline: Medora Lee, USA TODAY When she was 29 years old, Jacquelyn Revere received a phone call in May 2016 from a family friend while riding the New York City [...]

Byline: Medora Lee, USA TODAY If you practice safe sex, the IRS has some good news: Condoms now qualify as an itemized deduction. When the IRS recently announced new tax [...]

Byline: Medora Lee, USA TODAY With no clear winner emerging in the presidential election polls less than two weeks out, many higher-income taxpayers are preparing to protect their assets from [...]

Byline: Medora Lee, USA TODAY Medicare annual enrollment is underway through Dec. 7, and millions of seniors may find picking a plan is much harder this year than in the [...]

Byline: Medora Lee, USA TODAY More Americans are upside down on their car loans, and the average amount they owe is at an all-time high, according to a new survey [...]

Byline: Medora Lee, USA TODAY Every year, Julia Zhu's husband would collect information on home values in their area, including their own appraisals, receipts and much more, then take a [...]

Byline: Medora Lee, USA TODAY The days of earning 5% or more on nearly risk-free certificates of deposit (CDs) are coming to an end, but for some, they could be [...]

Byline: Medora Lee, USA TODAY The 401(k) retirement account continues to evolve, with a recent IRS ruling allowing employees the power to choose how to allocate their company's contributions. The [...]

Byline: Medora Lee, USA TODAY Stronger-than-expected September labor market data and inflation numbers that were higher than what was forecast aren't likely to deter the Federal Reserve from continuing to [...]

Byline: Medora Lee, USA TODAY Social Security's 2025 cost-of-living adjustment shrank to 2.5% from 2024's 3.2% increase, the smallest rise since 2021, the Social Security Administration said on Thursday. The [...]

Byline: Medora Lee, USA TODAY America's job market roared back in September as U.S. employers adding 254,000 jobs, according to the Bureau of Labor Statistics. The number was higher than [...]

Byline: Medora Lee, USA TODAY Dockworkers at ports from Maine to Texas are officially on strike after the clock struck midnight with no new labor deal in hand. IN MONEY [...]

Byline: Medora Lee, USA TODAY Time has run out to avoid a strike at ports from Maine to Texas that could cost the economy $5 billion a day and upend [...]

Byline: Medora Lee, USA TODAY One of the first lessons of saving for retirement is to try to max out your 401(k) or individual retirement account (IRA), but some financial [...]

Byline: Medora Lee, USA TODAY Paying more for less is a recurring theme for Americans these past few years, and it's even true in health care, a new study shows. [...]

Byline: Medora Lee, USA TODAY When Jenny Rosenberger's high school junior wanted to start looking at colleges in 2020, she didn't even know where to begin. Not only were they [...]

Byline: Medora LeeUSA TODAY Interest rates are dropping for the first time in four years, but don't expect that to be life-changing, experts said. The Federal Reserve on Wednesday cut [...]

Byline: Paul Davidson, Daniel de Visé, Medora Lee and Bailey Schulz, USA TODAY WASHINGTON - In the end, the Fed decided to go big. In Money Experts: Relief to your [...]

Byline: Medora Lee, USA TODAY Millions of Americans receive their monthly utility bill and just assume it's high because it's been sweltering outside. That's only part of the story. Customers [...]

Byline: Medora Lee, USA TODAY Time's nearly up for federal student loan borrowers to start repaying or else face credit score consequences soon. "To protect the most vulnerable borrowers," President [...]

Byline: Medora Lee, USA TODAY With interest rates about to drop, savers will need to reexamine their investment strategies sooner rather than later. Certificates of deposit (CDs) have been a [...]

Byline: Medora Lee, USA TODAY If you inherited a retirement account in the past several years, it's likely you'll have to take distributions and pay taxes on all that money [...]

Byline: Medora Lee, USA TODAY Millions of Americans have probably been in a situation when they've needed a little extra cash to make ends meet until their next paycheck. Many [...]

Byline: Medora Lee, USA TODAY Democratic presidential nominee Kamala Harris has revealed some big economic plans, but these experts had mixed reactions on how much some of them would help [...]

Byline: Medora Lee, USA TODAY Democratic presidential nominee Kamala Harris has announced plans to fight food inflation with a federal ban on price gouging on groceries, but how much this [...]

Byline: Medora Lee, USA TODAY A record 58% of Americans owned stocks in 2022, according to the Federal Reserve. Democratic vice presidential nominee Tim Walz was not one of them, [...]

Byline: Medora Lee, USA TODAY The government's deficit problem is creating an income problem for Americans, economists warn. Last week, the Congressional Budget Office raised its estimate for the government [...]

Byline: Medora Lee, USA TODAY For the first time, Gen X workers saw their 401(k) balances top those of baby boomers, Fidelity data showed. Balances for Gen X workers who [...]

Byline: Medora Lee, USA TODAY Companies are responding to an aging workforce and scars from the past three years of elevated inflation by changing up options in their retirement plans, [...]

Byline: Medora Lee, USA TODAY Virtually no one expects the Federal Reserve to lower interest rates when officials conclude their two-day meeting Wednesday. But economists and investors will be looking [...]

Byline: Medora Lee, USA TODAY Signs of backlash against frequent tipping requests are emerging, but not enough to make them go away, according to a survey by personal finance comparison [...]

Byline: Medora Lee, USA TODAY As soon as 12-year-old Aleisha Thompson wakes up, she gets her mom's medication ready. Then she gets ready for school. She makes sure her mom [...]

Byline: Medora Lee, USA TODAY If you're thinking about taking out a federal parent PLUS loan to help pay for your child's school in the fall, you might want to [...]

Byline: Medora Lee, USA TODAY Even if you can afford to buy a home these days, Americans must ask themselves if they can afford to insure it. Nearly 30% of [...]

Byline: Medora Lee, USA TODAY If your company's offering you a Roth 401(k) match, you should contribute enough to trigger that free money and boost your retirement savings. But take [...]

Byline: Medora Lee, USA TODAY Savers may want to lock in high interest rates for the long haul before they likely head lower later this year. But is 100 years [...]

Byline: Medora Lee, USA TODAY For rural and lower-income Americans, staying healthy will become more time-consuming, with longer drives and wait times for doctors, following Walmart's decision last month to [...]

Byline: Medora Lee, USA TODAY If you expected lower mortgage rates to make buying a home slightly cheaper this spring, consider your hopes dashed, experts say. The Federal Reserve put [...]

Byline: Medora Lee, USA TODAY Inflation, undersupply, high demand and exorbitant home prices are often reasons cited for why rents are high. But there's another few people talk about, rampant [...]

Byline: Paul Davidson, Daniel de Visé, and Medora Lee, USA TODAY WASHINGTON - The Federal Reserve held its key interest rate steady again Wednesday and gave no signal that it [...]

Byline: Medora Lee, USA TODAY More than 140,000 taxpayers across a dozen states filed their taxes free using the IRS' Direct File pilot program this year, but whether that's considered [...]

Byline: Medora Lee, USA TODAY The 529 education savings plan got a couple of big upgrades in 2024 as a tool to save and pay for school. Starting this year, [...]

Byline: Medora Lee, USA TODAY Most parents claim their children as dependents on their taxes, but now an increasing number of Americans are claiming their parents, according to a recent [...]

Byline: Medora Lee, USA TODAY The latest estimate of Social Security's cost-of-living adjustment for 2025 rose to 3% after the government reported hotter-than-expected inflation in March, new calculations showed Wednesday. [...]

Byline: Medora Lee, USA TODAY More Americans had trouble paying for their utilities last winter despite heating costs dropping to pre-pandemic levels, potentially pointing to a hot and deadly summer [...]

Byline: Medora LeeUSA TODAY Inflation has crept into every part of Americans' lives, including how much they now think they need to retire comfortably: a record $1.46 million, a study [...]

Byline: Medora Lee USA TODAY No one would have guessed that in retirement, Judi and David Koncak would be nearly out of money and unable to leave their kids much [...]