Personal saving

Martin Barraud | Ojo Images | Getty ImagesAs U.S. home equity climbs, owners are more likely to face capital gains taxes from selling property. But a lesser-known tax strategy could help shrink your bill, experts say.When selling your…

From Billie Eilish and Sabrina Carpenter to Kendrick Lamar and SZA, 2025 promises to be another big year for live music events. That may also mean concertgoers will be shelling out more for their favorite shows.After rising steadily…

The Federal Reserve announced Wednesday it will leave interest rates unchanged as inflation continues to run above the Fed's 2% mandate.The move comes after the central bank cut its benchmark interest rate by a full percentage point last…

The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite President Donald Trump's comments Thursday that he'll "demand that interest rates drop immediately."So far, the central…

Cofotoisme | E+ | Getty ImagesHow long it takes you to save for a 20% down payment on a home depends in part on where you live. In a pricey area such as New York City, it could take the typical buyer roughly 10.85 years to save $173,000,…

Osaka, Japan.Jiale Tan | Moment | Getty ImagesThe new year has many travelers thinking ahead to 2025 vacation plans — and how much those trips may cost.About half — 51% — of Americans say flight cost will determine their destination…

IRS Commissioner Daniel Werfel speaks during an IRS event in McLean, Virginia, on Aug. 2, 2023.Alex Wong | Getty ImagesThe IRS is sending more than 20,000 rejection letters to taxpayers who wrongly claimed a pandemic-era tax break as the…

Interest rates moved lower near the end of 2024 as the Federal Reserve cut rates three times, shaving a full percentage point off the federal funds rate since September. In 2025, that trend is likely to continue.But with inflation still…

IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013.James Lawler Duggan | ReutersThe IRS has unveiled a "voluntary disclosure program" for businesses that claimed a pandemic-era tax credit…

Mixetto | E+ | Getty ImagesIf you're self-employed, hiring your kids could provide tax benefits — provided you follow labor laws and IRS rules, experts say.  Small businesses hiring their own children is a popular topic among social…