New car prices average $48,422 in April 2025, pricing out Americans who turn to used cars as luxury buyers make up 19.2% of new car purchases, according to an industry expert.
President Donald Trump's Federal Reserve pick Kevin Warsh faces a Senate hurdle as a GOP senator could block his confirmation over criminal probe of current Fed Chair Jerome Powell.
The new Federal Reserve chair will step in as the world's most powerful central bank faces scrutiny over interest rates and rising prices affecting Americans.
Saks Global said most of its Saks OFF 5TH locations across the United States will be closing starting early next week, with just 12 locations remaining open.
Middle-income Americans are continuing to face financial strain as 68% say their income isn't keeping up with rising costs, according to a new quarterly survey.
The Social Security Administration shifts SSI benefit disbursements when the first of the month falls on weekends or federal holidays to ensure beneficiaries have money for bills.
New "Trump Accounts" offer tax-advantaged savings for children with a $1,000 government seed money. Parents can contribute up to $5,000 annually to these accounts.