New 401(k) rule makes it easier to tap savings for emergencies

A new law has made it easier for Americans to tap their 401(k)s and other retirement accounts for emergency funds as they continue to battle high inflation.

Here's the salary you need to be in the top 1% in all 50 states

In some states, Americans need to earn more than $1 million annually to be a part of the top 1%, according to a study from GoBankingRates.

Money Monday: Ways to reclaim your 2024 financial goals
video

Have you been keeping up with the financial goals you set for yourself at the beginning of 2024? Right now is the best time to evaluate your progress because you have time to adjust and make them a reality. Finance expert and Co-Host of The Ramsey Show, Rachel Cruze shares ways you can reclaim your 2024 money goals.

Citizens insurance rate hikes backed by Board of Governors

While saying Florida’s insurance market is improving, the Citizens Property Insurance Corp. Board of Governors on Wednesday backed a proposal that would lead to customers across the state seeing double-digit rate increases in 2025.

Mortgage rates on the decline while applications rise: Freddie Mac

The average 30-year fixed-rate mortgage was 6.95% for the week ending June 13, according to Freddie Mac's latest Primary Mortgage Market Survey.

50 percent of Americans saving for college don't know about a 529 savings plan: survey

Despite the many advantages 529 savings plans provide, many Americans are not using them as part of the education saving strategy, a recent Edward Jones survey said.

71 percent of Americans waiting on interest rate cuts before hunting for homes: survey

Sixty-seven percent of Americans still dream of owning a home, but 71% said they are waiting for mortgage rates to drop before entering the market, according to a recent BMO Financial survey.

Dow hits 40,000 for first time

The Dow Jones Industrial Average crossed 40,000 for the first time ever Thursday as investors celebrated solid earnings and a slight easing of consumer inflation last month. 

'Winflation': Breaking down higher costs for fans of successful sports teams

"Winflation," a phenomenon where the cost of supporting sports teams rises with their success, is reshaping the fan experience, distancing sports from their working-class origins, and imposing significant financial burdens on enthusiasts globally.

Mortgage rates push higher with no relief in sight: Freddie Mac

The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.

Interest rates not changing until inflation cools, Federal Reserve says

The Federal Reserve announced its decision to maintain its key interest rate at a two-decade high of roughly 5.3% amid ongoing concerns about high inflation.