Finance & Wealth

Financial literacy, wealth building strategies, and economic news

331 articles

Student Loan Rules Overhaul Takes Effect July 1 Under New Federal Law

The One Big Beautiful Bill Act reshaped federal student lending starting July 1, replacing income-driven repayment plans with two new options and capping how much graduate students and parents can borrow. Borrowers currently on the SAVE plan have until July 2028 to switch.

Finance & WealthThe Motley Fool

Federal Reserve Holds Rates as Inflation Stays Above Four Percent

Markets are pricing in a 75% chance the Federal Reserve holds interest rates steady at its July 29 meeting, with a 25% chance of a quarter-point hike. Inflation hit a three-year high of 4.2% in May, and new Fed Chair Kevin Warsh has signaled rates could rise further before the year ends.

Finance & WealthYahoo Finance

Mortgage Rates Rise to 6.46 Percent as Fed Signals No Cuts This Year

The average 30-year fixed mortgage rate climbed to 6.46% as of July 15, 2026, as markets abandoned expectations for Federal Reserve rate cuts. Persistent inflation and a strong labor market have pushed the central bank to hold rates steady, with some analysts now forecasting a hike.

Finance & WealthCNBC

Student Loan Borrowers Get 90 Days to Leave SAVE Plan

Federal student loan servicers began a 90-day countdown in July 2026 for borrowers to exit the SAVE income-driven repayment plan. The SAVE plan is being phased out under the 2025 One Big Beautiful Bill Act, which replaced income-driven repayment options with a new Repayment Assistance Plan.

Finance & WealthAmerican Payroll Association

IRS Raises Business Mileage Rate to 76 Cents for Second Half of 2026

The IRS increased the standard business mileage rate to 76 cents per mile effective July 1, 2026, up from 72.5 cents for the first half of the year. The mid-year adjustment, announced via IRS Announcement 2026-11, was triggered by rising fuel costs.

Finance & WealthMotley Fool Money

Federal Reserve Expected to Hold Rates at July 29 Meeting

Futures markets show a 0 percent chance the Federal Reserve will cut interest rates at its July 29 meeting, with a 25 percent chance of a quarter-point hike instead. Inflation running at 4.2 percent annually and a steady job market have pushed the Fed away from the rate cuts many investors expected at the start of 2026.

Finance & WealthCNBC

Trump Accounts Launch July 4, Offering Children a Head Start on Wealth

Trump Accounts, a new tax-advantaged investment vehicle for children under 18, launched on July 4, 2026, under the One Big Beautiful Bill Act. Children born between January 1, 2025, and December 31, 2028, are eligible for a one-time $1,000 government deposit. Families can contribute up to $5,000 per year, and the accounts convert to traditional IRAs when the child turns 18.

Finance & WealthThe Motley Fool

Fed Rate Cut Off the Table as Inflation Hits Three-Year High

Futures markets show a zero percent chance of a Federal Reserve rate cut at the July 29, 2026, meeting, with a 25 percent chance of a rate hike instead. Inflation reached 4.2 percent year-over-year in May, the highest level in three years. New Fed Chair Kevin Warsh held rates steady at 3.5 to 3.75 percent at his first meeting in June.

Finance & WealthExperian

New Federal Student Loan Rules Take Effect July 1

Major changes to the federal student loan system went into effect on July 1, 2026, following the One Big Beautiful Bill Act signed in 2025. The graduate PLUS loan program ended for new borrowers, and several income-driven repayment plans were replaced by a new Repayment Assistance Plan. Borrowers enrolled in autopay now qualify for a 1 percent interest rate reduction, up from 0.25 percent.

Finance & WealthCalifornia DFPI

Six Steps to a Stronger Financial Plan Before the End of 2026

Financial planners say the second half of 2026 is a good time to review and reset personal finance goals. Key steps include auditing monthly expenses, building a three-to-six-month emergency fund, maximizing retirement contributions, and reviewing insurance coverage.

Finance & WealthExperian

Fed May Raise Rates Before Cutting Them, Pushing Consumers to Rethink Savings Strategy

Federal Reserve projections released after the June 17 meeting show policymakers are now considering rate hikes rather than the cuts previously expected for 2026. With inflation at 4.2 percent, financial advisors say consumers should prioritize paying down variable-rate debt and moving cash into high-yield savings accounts.

Finance & WealthWealthWave

Financial Literacy Scores Stagnant as Experts Push Rule of 72 and Cash Flow Basics

Financial literacy scores among U.S. adults have remained largely flat in 2026, with many people still struggling with basic concepts like compound interest, inflation, and risk. Experts are pushing foundational tools like the Rule of 72 and cash flow management as starting points for building lasting wealth.

Finance & WealthCNBC

Study Warns AI Financial Advice Can Be Inaccurate and Biased

A study published in the Journal of Financial Planning found that seven widely used AI platforms, including ChatGPT, Claude, and Gemini, gave inconsistent, incomplete, or demographically biased financial advice when tested with identical prompts. Researchers altered race and gender in the prompts and found significant variation in recommendations on emergency savings and retirement portfolios. Experts say AI can be a starting point but should not replace a licensed financial advisor.

Finance & WealthExperian / CNBC

New Student Loan Rules Take Effect July 1 Under One Big Beautiful Bill

Major changes to the federal student loan system took effect July 1, 2026, following the passage of the One Big Beautiful Bill Act. The graduate PLUS loan program ended for new borrowers, several income-driven repayment plans are being replaced, and the autopay interest rate reduction jumped from 0.25 percent to 1 percent. Borrowers have until September 30 to enroll in autopay to lock in the higher discount.

Finance & WealthMotley Fool Money / Experian

Federal Reserve Rate Cut Odds Drop to Zero for July 2026

Markets are pricing in a zero percent chance of a Federal Reserve rate cut at the July 29 meeting, according to CME FedWatch data. Instead, traders see a 25 percent chance of a quarter-point rate hike, driven by inflation that hit a three-year high of 4.2 percent in May. New Fed Chair Kevin Warsh has signaled the central bank is focused on bringing inflation back to its 2 percent target.

Finance & WealthYahoo Finance

Warren Buffett Money Rules That Still Work in 2026

Warren Buffett's core principles for building wealth, including living below your means, avoiding debt, and investing in what you understand, remain as relevant as ever in 2026. Financial writers say his rules cut through the noise of trendy advice and focus on what actually works over time.

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Finance & WealthLindenberg Financial

How to Build a 12-Month Wealth Plan for 2026

Financial planners say the most effective way to build wealth is to break annual goals into monthly milestones and automate as much of the process as possible. A 12-month plan that covers debt, savings, investing, and estate basics gives people a clear roadmap to follow.

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Finance & WealthCNBC

Trump Accounts Launch July 4 with 1000 Dollar Federal Seed Money for Children

A new federal investment program for children called Trump Accounts launched on July 4, 2026, under the One Big Beautiful Bill Act. Children born between 2025 and 2028 receive a one-time 1,000 dollar federal deposit, and families can contribute up to 5,000 dollars per year.

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Finance & WealthExperian

Federal Student Loan Rules Overhaul Takes Effect July 1

Major changes to federal student loan programs took effect on July 1, 2026, under the One Big Beautiful Bill Act. The graduate PLUS loan program ended for new borrowers, a new repayment plan replaced existing income-driven options, and the autopay interest rate discount increased from 0.25 percent to 1 percent.

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Finance & WealthExperian

Fed Holds Rates Steady as Inflation Reaches Three-Year High

Annual inflation reached 4.2 percent for the 12 months ending in May 2026, the highest level in three years. The Federal Reserve kept its benchmark rate in the 3.5 to 3.75 percent range, and analysts at Goldman Sachs say rate cuts are unlikely before 2027.

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Finance & WealthExperian

Inflation Hits Three-Year High of 4.2 Percent as Fed Holds Rates Steady

U.S. inflation reached a three-year high in May 2026, with the consumer price index rising 4.2 percent year-over-year. Energy costs, driven by geopolitical tensions involving Iran, accounted for 60 percent of the monthly increase. The Federal Reserve held its benchmark rate at 3.5 to 3.75 percent and may not cut rates until 2027.

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Finance & WealthExperian

Federal Student Loan Autopay Discount Jumps to 1 Percent Starting July 1

The U.S. Department of Education raised the interest rate reduction for federal student loan borrowers enrolled in autopay from 0.25 percent to 1 percent, effective July 1, 2026. The benefit applies to federal direct loans originated after July 1, 2012, and runs through June 30, 2028. Borrowers not yet enrolled in autopay have until September 30 to sign up.

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Finance & WealthCNBC

Trump Accounts Launch July 4 With 1000 Dollar Federal Seed Deposit for Children

The federal government launched Trump Accounts on July 4, 2026, a new tax-advantaged savings program for children under 18. Children born between 2025 and 2028 receive a 1,000 dollar seed deposit from the U.S. Treasury. Families can contribute up to 5,000 dollars per year, with funds invested in low-cost U.S. equity index funds.

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Finance & WealthYahoo Finance

Gold Falls Below $4,100 but Analysts See Path to $6,000 Later in 2026

Gold prices dropped below $4,100 heading into July 2026 after a period of volatility. Some analysts maintain a bullish long-term view, projecting prices could reach $6,000 if the Federal Reserve does not tighten policy further.

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Finance & WealthExperian

Student Loan Autopay Discount Jumps to 1% Under New Federal Rules

Federal student loan borrowers who enroll in autopay now receive a 1% interest rate reduction, up from 0.25% under previous rules. The change took effect July 1, 2026, and applies to Direct Loans originated after July 1, 2012.

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Finance & WealthExperian

Fed Holds Rates Steady as Inflation Hits Three-Year High of 4.2%

The Federal Reserve kept its benchmark interest rate unchanged at 3.5% to 3.75% in June 2026, even as inflation climbed to 4.2%, a three-year high. New Fed Chair Kevin Warsh has signaled that rate hikes remain possible if inflation does not ease.

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Finance & WealthCharles Schwab

FIRE Movement Adapts to High Inflation and Rising Healthcare Costs in 2026

Followers of the Financial Independence, Retire Early movement are adjusting their strategies in 2026 to account for persistent inflation, elevated interest rates, and rising healthcare costs. Advisers say the goal is less about extreme frugality and more about building enough of a financial cushion to make work optional.

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Finance & WealthExperian

Inflation Hits Three-Year High as Fed Signals Rates Will Stay Elevated

Consumer prices rose 4.2 percent over the 12 months ending in May 2026, the highest rate since April 2023. Energy costs, driven by geopolitical tensions involving Iran, accounted for more than 60 percent of the monthly increase. The Federal Reserve has signaled it may raise rates further rather than cut them.

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Finance & WealthExperian

Federal Student Loan System Overhaul Takes Effect July 1

Major changes to the federal student loan system took effect on July 1, 2026, under the One Big Beautiful Bill Act. The Grad PLUS loan program ended for new borrowers, new annual and lifetime borrowing limits were set, and borrowers using autopay now receive a 1 percent interest rate reduction.

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Finance & WealthExperian

Inflation Hits Three-Year High as Federal Reserve Signals No Rate Cuts in 2026

The consumer price index rose 4.2% over the 12 months ending in May 2026, the highest rate in three years. The Federal Reserve held its benchmark rate steady in June and signaled that cuts are unlikely for the rest of the year.

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Finance & WealthCNBC

Trump Accounts for Kids Launch on July 4, Offering Long-Term Wealth Building Option

A new savings and investment account for children, called Trump Accounts, launched on July 4, 2026. The accounts are designed to build long-term wealth and include investment options from major fund providers like BlackRock, Vanguard, and State Street.

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Finance & WealthExperian

New Federal Student Loan Rules Take Effect July 1, Affecting Millions of Borrowers

Major changes to the federal student loan system went into effect on July 1, 2026. The One Big Beautiful Bill Act ended the grad PLUS loan program for new borrowers and replaced several income-driven repayment plans with a new option called the Repayment Assistance Plan.

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Finance & WealthCBS News / NPR

Student Loan Overhaul Takes Effect July 1 With New Repayment Plans and Borrowing Caps

Major changes to the federal student loan system took effect on July 1, 2026, under the One Big Beautiful Bill Act. The SAVE plan is gone, replaced by the Repayment Assistance Plan and a new Tiered Standard Plan.

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Finance & WealthExperian / Federal Reserve

Inflation Hits 4.2 Percent as Fed Signals Rates May Rise Before They Fall

U.S. inflation reached 4.2 percent for the 12 months ending in May 2026, a three-year high driven largely by energy costs. The Federal Reserve held rates steady in June and signaled a possible rate hike before any cuts.

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Finance & WealthCNBC Personal Finance

Trump Accounts Launch July 4 With 1,000 Dollar Government Seed for Children

New 530A investment accounts for children, called Trump Accounts, officially launched on July 4, 2026. Children born between 2025 and 2028 receive a one-time $1,000 deposit from the U.S. Treasury.

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Finance & WealthExperian

Inflation Hits Three-Year High at 4.2 Percent as Fed Holds Rates Steady

The consumer price index rose 4.2 percent over the 12 months ending in May 2026, the highest rate in three years. Energy costs, driven by Middle East conflicts, are the primary contributor. The Federal Reserve held its benchmark rate at 3.5 to 3.75 percent in June and signaled it may lean toward rate hikes rather than cuts for the rest of 2026.

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Finance & WealthSaving for College

Trump Accounts Launch July 5 with 1,000 Dollar Government Seed Deposit for Children

Trump Accounts, a new federal savings program for children under 18, officially launched July 5, 2026. Eligible children born between January 1, 2025, and December 31, 2028, receive a $1,000 government seed deposit. Families can contribute up to $5,000 annually, and employers may add up to $2,500 per year through Section 125 cafeteria plans.

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Finance & WealthU.S. Department of Education

Federal Student Loan Autopay Discount Jumps to 1 Percent Starting July 2026

The U.S. Department of Education increased the interest rate reduction for federal student loan borrowers enrolled in autopay from 0.25 percent to 1 percent, effective July 1, 2026. The enhanced discount applies to federal Direct Loans originated after July 1, 2012, and runs through June 30, 2028. Borrowers not yet enrolled in autopay must sign up by September 30, 2026, to qualify.

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Finance & WealthOffice of Governor Gavin Newsom

California Makes Personal Finance a High School Graduation Requirement

California adopted a formal personal finance curriculum in March 2026, following a 2024 law signed by Governor Newsom. High schools must offer the standalone one-semester course starting in the 2027-28 school year, and it becomes a graduation requirement for the class of 2030-31.

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Finance & WealthExperian

Major Student Loan Overhaul Takes Effect July 1 Under New Federal Law

Federal student loan rules changed significantly on July 1, 2026, under the One Big Beautiful Bill Act. The Graduate PLUS loan program ended for new borrowers, income-driven repayment plans are being phased out, and a new Repayment Assistance Plan replaces several existing options.

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Finance & WealthOffice of Governor Gavin Newsom

California Adopts Curriculum for Mandatory High School Personal Finance Course

The California State Board of Education adopted the official curriculum guide for a mandatory one-semester personal finance course in March 2026. The course will be available starting in the 2027-28 school year and becomes a graduation requirement for the class of 2030-31.

Finance & WealthAl Jazeera

South Korea Unveils 576 Billion Dollar AI and Semiconductor Investment Drive

South Korean President Lee Jae Myung announced a national investment strategy on June 29, 2026, built around semiconductors, physical AI, and data centers. Samsung Electronics and SK Hynix committed a combined $518 billion alongside their suppliers, with total planned data center investment expected to exceed $648 billion by 2035.

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Finance & WealthJP Morgan Asset Management

One Big Beautiful Bill Act Brings Major Changes to Retirement Savings in 2026

The One Big Beautiful Bill Act, signed into law on July 4, 2025, introduced several significant changes to retirement savings and tax planning that took effect in 2026. Key provisions include higher 401(k) catch-up contribution limits, new Trump Accounts for children, a Senior Bonus Deduction, and an increased estate tax exemption of $15 million per person.

Finance & WealthExperian

Inflation Hit 3.8 Percent in April 2026, the Highest Rate Since May 2023

The Consumer Price Index rose 3.8 percent over the 12 months ending in April 2026, the steepest annual increase in three years. Energy costs, particularly gasoline, drove much of the increase. The Federal Reserve has held interest rates steady in response, leaving borrowers facing continued pressure from high credit card and mortgage rates.

Finance & WealthOCC Financial Literacy Digest

Trump Accounts Set to Launch in July, Offering 1,000 Dollars for Children Born After 2025

The federal government is set to launch Trump Accounts in July 2026, a tax-advantaged savings program that provides 1,000 dollars to children born between January 1, 2025, and December 31, 2028. Parents manage the accounts until the child turns 18, when funds can be used for education, a home purchase, or starting a business. The program is part of a broader push to expand financial literacy and long-term savings.

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Finance & WealthExperian

2.6 Million Student Loan Borrowers Entered Default in the First Quarter of 2026

About 2.6 million federal student loan borrowers fell into default during the first three months of 2026, following 1 million defaults in late 2025. The surge comes as several income-driven repayment plans remain tied up in court. Borrowers face wage garnishment and credit damage as the Education Department resumes collection activity.

Finance & WealthCBS News

U.S. Financial Literacy Hits Decade Low as Gen Z Scores Drop to 38 Percent

American adults correctly answered only 47 percent of financial literacy questions in the 2026 TIAA Institute-GFLEC Personal Finance Index, the lowest score in the survey's 10-year history. Gen Z adults scored the lowest of any generation, averaging just 38 percent correct.

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Finance & WealthExperian

Federal Reserve Holds Rates Steady in June as Inflation Climbs to 3.8 Percent

The Federal Reserve kept interest rates unchanged at its June 2026 meeting as inflation reached its highest annual pace since 2023, with the Consumer Price Index rising 3.8 percent over the past 12 months. Energy costs, food, and shelter expenses drove most of the increase.

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Finance & WealthExperian

Mortgage Rates Drop to 6.17 Percent as Inflation Stays Elevated at 3.8 Percent in June 2026

The 30-year fixed mortgage rate fell to 6.17 percent by late June 2026, down from a May peak of 6.92 percent, offering some relief to homebuyers. Inflation remained elevated at 3.8 percent year-over-year as of April 2026, the highest rate since May 2023, driven largely by gasoline prices up 28.4 percent.

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Finance & WealthTIAA Institute

U.S. Financial Literacy Hits Record Low as Americans Answer Only 47 Percent of Basic Money Questions Correctly

The 2026 P-Fin Index, a decade-long tracking study, found that U.S. adults correctly answered an average of just 47 percent of 28 personal finance questions, the lowest score recorded in the survey's history. The decline comes despite growing federal investment in financial education programs.

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Finance & WealthHighland Planning

Five Wealth-Building Habits Financial Advisors Say Most People Skip in 2026

Financial advisors say the gap between people who build wealth and those who do not often comes down to a handful of consistent habits, not income level. Automating savings, avoiding lifestyle creep, and maximizing tax-advantaged accounts top the list for 2026.

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Finance & WealthCredit Genius

IRS Resumes Aggressive Collections as Experts Warn Taxpayers to Open Every Notice

The IRS has restarted its Automated Collection System in June 2026, issuing notices and filing liens against taxpayers with unpaid balances. Financial experts say ignoring early notices can lead to rapid escalation, including wage garnishment.

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Finance & WealthCharles Schwab

June Is the Time for a Mid-Year Financial Review. Here Is What to Check.

Financial institutions say June is a critical month for reviewing your finances before the second half of the year. Key tasks include checking income against projections, verifying retirement contributions, and estimating tax liability for the year.

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Finance & WealthNasdaq

Five Wealth-Building Habits Financial Advisors Say Anyone Can Start in 2026

Financial advisors say building wealth in 2026 comes down to five consistent habits: automating savings, managing debt with a clear plan, investing in tax-advantaged accounts, setting SMART goals, and protecting assets with proper insurance and estate planning.

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Finance & WealthCBS News

American Financial Literacy Hits 10-Year Low, Study Finds

A 2026 study by the TIAA Institute and Stanford University found that American adults answered only 47 percent of basic financial literacy questions correctly, down from 52 percent in 2020. Gen Z scored the lowest at 38 percent. Researchers blame social media misinformation, rising household debt, and the growing complexity of financial products.

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Finance & WealthU.S. Treasury Department

Trump Accounts Set to Launch in July for Youth Investors

The federal government's "Trump Accounts" program is scheduled to launch in July 2026, offering tax-advantaged investment accounts for U.S. citizens under age 18. Every child born between January 1, 2025, and December 31, 2028, is eligible for a $1,000 initial contribution. The program is designed to give young Americans early exposure to investing and compound growth.

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Finance & WealthExperian

Credit Card Debt Sits at 1.25 Trillion Dollars as 2.6 Million Student Loan Borrowers Enter Default

Total U.S. credit card debt stood at 1.25 trillion dollars at the end of the first quarter of 2026, according to Experian. At the same time, 2.6 million federal student loan borrowers entered default during the quarter. Inflation running at 3.8 percent and mortgage rates near 7 percent are adding pressure on household budgets.

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Finance & WealthBaird Wealth Management

New Tax Law Raises Federal Estate Tax Exemption to 15 Million Dollars Per Person

The One Big Beautiful Bill Act, signed into law in 2026, raised the federal estate tax exemption to 15 million dollars per individual. The change affects wealth transfer planning for high-net-worth families. Financial advisers say the new threshold gives more families room to pass assets to heirs without a federal tax bill.

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Finance & WealthCBS News

American Financial Literacy Hits 10-Year Low as Gen Z Scores Lowest on Record

A 2026 study by the TIAA Institute and Stanford's Global Financial Literacy Excellence Center found that U.S. adults answered only 47 percent of basic financial questions correctly, the lowest score in a decade. Gen Z adults scored just 38 percent. Researchers say social media misinformation and complex financial products are driving the decline.

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Finance & WealthYahoo Finance

June Is the Right Time for a Mid-Year Financial Checkup. Here Is What to Review.

Financial advisors say June is an ideal time to review your finances before the second half of the year. Key tasks include checking your asset allocation, reviewing beneficiary designations, and making sure you are on track with estimated tax payments.

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Finance & WealthCNBC Personal Finance

Social Security COLA for 2027 Could Reach 4.7 Percent as Inflation Stays Elevated

Early estimates suggest the Social Security cost-of-living adjustment for 2027 could reach 4.7 percent, based on current inflation trends. The projection comes as the Social Security trust funds face a potential depletion date of 2032.

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Finance & WealthCNBC Personal Finance

New Repayment Assistance Plan for Student Loans Set to Launch in July 2026

The federal government is rolling out a new Repayment Assistance Plan for student loan borrowers in July 2026, offering income-based payments and interest subsidies. The plan comes as 2.6 million borrowers entered default in the first quarter of 2026.

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Finance & WealthExperian

Inflation Hits Highest Point Since 2023 as Mortgage Rates Climb Again

The consumer price index rose 3.8 percent over the 12 months ending in April 2026, the largest annual increase since May 2023. Mortgage rates climbed back above 6.9 percent for a 30-year fixed loan. The Federal Reserve held interest rates steady at its June meeting.

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Finance & WealthExperian

Student Loan Defaults Surge as 2.6 Million Borrowers Enter Default in Early 2026

About 2.6 million additional federal student loan borrowers entered default in the first quarter of 2026, according to the Federal Reserve Bank of New York. The surge follows the end of pandemic-era protections that had paused collections. Borrowers in default face wage garnishment, tax refund seizure, and long-term credit damage.

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Finance & WealthCBS News

Americans' Financial Literacy Falls to 10-Year Low, Study Finds

A joint study by TIAA and Stanford University's Global Financial Literacy Excellence Center found that American adults correctly answered only 47 percent of basic financial questions in 2026, the lowest score in the survey's 10-year history. Gen Z adults scored the lowest of any generation at 38 percent. Researchers said misleading social media content and financial system complexity are contributing to the decline.

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Finance & WealthNasdaq

Five Wealth-Building Habits That Work in 2026, Even If No One Taught You About Money

Financial experts say building wealth in 2026 comes down to five core habits: automating investments, managing lifestyle creep, maintaining an emergency fund, prioritizing tax efficiency, and growing your income. The strategies work regardless of starting point or financial background.

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Finance & WealthExperian

Inflation Hits 3.8 Percent, Highest Since 2023, as Gasoline Prices Surge 28 Percent

The Consumer Price Index rose 3.8 percent over the 12 months ending in April 2026, the largest annual increase since May 2023. Gasoline prices drove much of the gain, rising 28.4 percent year over year, while food and shelter costs also climbed.

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Finance & WealthCBS News

American Financial Literacy Falls to 10-Year Low as Gen Z Scores Drop to 38 Percent

A new TIAA Institute study found that U.S. adults correctly answered only 47 percent of basic financial literacy questions in 2025, the lowest score in the survey''s 10-year history. Gen Z adults scored the worst at 38 percent, and the share of Americans with very low financial literacy has risen to 25 percent.

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Finance & WealthCNBC

Student Loan Defaults Surge as Treasury Takes Over Collections

Approximately 2.6 million federal student loan borrowers entered default in the first quarter of 2026, following the end of pandemic-era protections. The U.S. Treasury Department has taken over collection of defaulted loans from the Department of Education, and wage garnishment is set to resume. Borrowers in default can pursue rehabilitation or consolidation to restore their standing.

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Finance & WealthBlack Enterprise

Black Financial Influencers Are Changing How Communities Build Wealth

A new wave of Black financial educators is using social media, podcasts, and live events to bring wealth-building strategies to communities that have historically had less access to financial guidance. Figures like Tiffany Aliche and the founders of Earn Your Leisure have built large audiences by combining practical advice with an understanding of the specific barriers Black families face. Experts say the movement is helping close a documented gap in financial literacy.

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Finance & WealthExperian

Federal Reserve Holds Rates Steady as Inflation Hits 3.8 Percent

The Federal Reserve held interest rates steady at its June 2026 meeting as inflation rose to 3.8 percent over the 12 months ending in April, the highest annual increase since May 2023. Mortgage rates have climbed alongside inflation, with 30-year fixed rates averaging 6.92 percent in late May. Some former Fed officials say a rate hike may be needed if inflation does not ease.

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Finance & WealthExperian

National Savings Rate Falls as Inflation Outpaces Wage Growth for American Households

The U.S. personal savings rate dropped in the first half of 2026 as inflation continued to erode household purchasing power faster than wages grew. The Consumer Price Index posted its largest annual increase since May 2023, driven largely by energy costs. Financial advisers say the trend is pushing more Americans to draw down savings to cover everyday expenses.

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Finance & WealthTechStartups

Fox Corporation Agrees to Buy Roku for 22 Billion Dollars in Streaming Consolidation Deal

Fox Corporation reached an agreement to acquire Roku for approximately 22 billion dollars, combining Fox's content production with Roku's streaming distribution platform. The deal is one of the largest in the media industry this year. Analysts say it reflects the push by traditional media companies to control both content and the technology that delivers it to viewers.

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Finance & WealthTechStartups

UK Plans to Ban Social Media Access for Users Under 16 by 2027

The UK government unveiled plans to prohibit social media platforms from allowing users under 16 to create accounts, with the ban set to take effect in 2027. The proposal would require platforms to verify users' ages and face significant fines for non-compliance. Canada introduced similar legislation targeting AI chatbots and youth social media use in the same week.

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Finance & WealthExperian

Buy Now Pay Later Use Tops 50 Percent of Americans as Experts Warn of Debt Risks

More than half of Americans now use buy now, pay later services, with higher adoption rates among lower-income households, according to June 2026 data from Experian. Financial experts warn that reliance on BNPL carries risks of late fees and credit damage.

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Finance & WealthCNBC Personal Finance

Social Security COLA for 2027 Could Rise to 4.7 Percent, Early Estimates Show

Early estimates suggest the Social Security cost-of-living adjustment for 2027 could reach 4.7 percent, driven by persistent inflation. The projection comes as trustees warn the retirement trust fund could be depleted by 2032 without congressional action.

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Finance & WealthYahoo Finance

Home Equity Loan Rates Hit 7.86 Percent as Homeowners Tap Equity to Cover Costs

Average fixed-rate home equity loan rates reached 7.86 percent by mid-June 2026, according to Yahoo Finance data. Despite the high rates, homeowners are increasingly tapping their equity to manage rising living costs and fund major expenses.

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Finance & WealthExperian

Gallup Poll: 51 Percent of Americans Have Used Buy Now Pay Later, With Higher Rates Among Lower-Income Households

A Gallup poll released in 2026 found that 51 percent of Americans have used buy now, pay later services, with higher usage rates among lower-income households. Total household debt reached $18.8 trillion in the first quarter of 2026, while credit card balances fell by $25 billion to $1.25 trillion due to seasonal patterns after holiday spending.

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Finance & WealthCNBC

Social Security Trustees Report: Retirement Fund Could Run Dry by Late 2032

The Social Security Administration's 2026 Trustees Report projects the Old-Age and Survivors Insurance trust fund will be depleted in the fourth quarter of 2032, one quarter earlier than last year's estimate. Once depleted, the program would have enough revenue to pay only 78 percent of scheduled benefits. The accelerated timeline is partly attributed to the One Big Beautiful Bill Act passed in July 2025.

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Finance & WealthYahoo Finance

Adjustable-Rate Mortgages Hit 10 Percent of Applications as 30-Year Fixed Rates Near 7 Percent

Adjustable-rate mortgages reached a 10 percent share of total mortgage applications in mid-2026, the highest level since October 2025, as the 30-year fixed-rate mortgage averaged 6.92 percent. Home equity line of credit rates averaged 7.25 percent. Financial advisors say ARMs can make sense for buyers who plan to sell or refinance before the fixed period ends.

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Finance & WealthExperian

Student Loan Defaults Surge: 2.6 Million Borrowers Enter Default in Early 2026

Approximately 2.6 million additional federal student loan borrowers entered default in the first quarter of 2026, following the end of pandemic-era protections. Defaulted borrowers saw an average 91-point drop in their credit scores.

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Finance & WealthU.S. Treasury Department

Trump Accounts to Give Every Newborn $1,000 Starting July 2026, Foster Youth Now Included

The federal government's "Trump Accounts" program will launch in July 2026, providing $1,000 in tax-advantaged investment funds to every U.S. citizen born between January 1, 2025, and December 31, 2028. In June 2026, the program was expanded to include foster youth.

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Finance & WealthCBS News MoneyWatch

American Financial Literacy Hits 10-Year Low as Gen Z Scores Drop to 38 Percent

A new study from the TIAA Institute and Stanford University's Global Financial Literacy Excellence Center found that Americans correctly answered only 47 percent of basic financial literacy questions in 2025, the lowest score in the survey's 10-year history. Gen Z adults averaged just 38 percent correct.

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Finance & WealthReuters

Gold Prices Volatile as Middle East Peace Hopes and Inflation Pressures Pull in Opposite Directions

Gold prices have been volatile in June 2026 as two competing forces pull in opposite directions. Hopes for a peace deal involving the United States and Iran have reduced safe-haven demand for gold, pushing prices lower. But persistent inflation running at 4.2 percent year-over-year is supporting gold as a hedge against currency debasement. Analysts say the outcome of Federal Reserve policy decisions will be a key driver of gold prices in the second half of 2026.

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Finance & WealthReuters

SpaceX Shares Surge 19 Percent on Nasdaq Debut, Pushing Market Cap Past $2 Trillion

SpaceX shares surged 19 percent on their first day of trading on the Nasdaq on June 13, 2026, pushing the company's market capitalization past $2 trillion. The company priced its IPO at $135 per share, raising $75 billion in the largest initial public offering in history. The debut made SpaceX the sixth-largest U.S. company by market capitalization.

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Finance & WealthChase Investments

Kevin Warsh Chairs First Federal Reserve Meeting as Inflation Hits 4.2 Percent

Kevin Warsh presides over his first Federal Open Market Committee meeting as Federal Reserve chair on June 16 and 17, 2026, after being confirmed by the Senate in May. The Fed is widely expected to hold rates steady at 3.50 to 3.75 percent as headline inflation accelerated to 4.2 percent year-over-year in May, driven by a 23.5 percent spike in energy prices. Warsh has signaled a more data-dependent approach than his predecessor Jerome Powell.

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Finance & WealthCNBC Personal Finance

SNAP Cuts Leave 3.5 Million People Without Food Benefits as Congress Trims Spending

At least 3.5 million people lost SNAP food assistance benefits in 2026 after Congress passed legislation cutting the program as part of broader federal spending reductions. Anti-hunger advocates say the cuts will increase food insecurity in low-income communities.

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Finance & WealthKiplinger / CNBC

Parent PLUS Loan Caps Take Effect July 1, Forcing Families to Rethink College Costs

New federal caps on Parent PLUS loans take effect July 1, 2026, limiting how much parents can borrow to pay for their children's college education. Financial advisors say families need to act now to adjust their college funding plans before the school year begins.

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Finance & WealthCNBC / New York Fed

2.6 Million Student Loan Borrowers Default in First Quarter of 2026

Federal Reserve Bank of New York data shows 2.6 million student loan borrowers entered default in the first quarter of 2026, following 1 million defaults in the fourth quarter of 2025. The surge came after pandemic-era payment pauses ended and the Biden-era SAVE plan was struck down by courts.

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Finance & WealthYahoo Finance

Mortgage Rates Hit 6.41 Percent as Denials Rise and Buyers Pull Back

The average 30-year fixed mortgage rate reached 6.41 percent as of June 9, 2026, pushing more buyers out of the market. Mortgage application denials are rising, and forecasts suggest rates may stay near 6.5 percent through 2027.

019

Finance & WealthCNBC Personal Finance

Social Security Trust Fund Could Run Dry by 2032, Trustees Report Warns

The Social Security Trustees' 2026 report projects the retirement trust fund could be depleted by 2032. If that happens, benefit cuts averaging $500 per month could follow, affecting tens of millions of retirees.

017

Finance & WealthWAFB

SAVE Student Loan Repayment Plan Ending After Court Settlement

The SAVE student loan repayment plan is ending after a court settlement, leaving millions of borrowers who enrolled in the program scrambling to find alternative repayment options. The plan, which offered lower monthly payments based on income, was challenged in federal court and could not survive the legal ruling.

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Finance & WealthExperian

Mortgage Rates Rise to 6.92 Percent as Adjustable-Rate Applications Climb

The average 30-year fixed mortgage rate reached 6.92 percent in late May 2026, pushing more homebuyers toward adjustable-rate mortgages as they search for lower initial payments. Experian reported the trend in its June 2026 personal finance update, noting that rising rates are squeezing affordability for first-time buyers.

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Finance & WealthRamsey Solutions

53 Percent of Americans Report Daily Money Anxiety as Financial Stress Stays High

A new Ramsey Solutions survey found that 53 percent of Americans report feeling anxious about money every day, with 34 percent describing their financial situation as "struggling" or "in crisis." The findings, released in June 2026, show that financial stress has risen sharply since 2021 despite overall net worth gains for many households.

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Finance & WealthFederal Reserve / Experian

Wealth Gap Widens as Top 10% Hold Record Share of U.S. Assets in 2026

Federal Reserve data shows the top 10% of American households now hold a record share of total U.S. wealth, while the bottom 50% own less than 3% of assets. Economists say the gap has widened due to rising asset prices, inflation, and unequal access to investment opportunities.

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Finance & WealthExperian

Buy Now Pay Later Use Hits 51% as Americans Lean on Installment Plans to Cover Costs

More than half of Americans used Buy Now Pay Later services in 2026, according to Experian data, as rising prices pushed consumers toward installment payment options. Financial counselors warn that BNPL plans can lead to debt accumulation when users miss payments or stack multiple plans.

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Finance & WealthRamsey Solutions / Experian

54% of Americans Living Paycheck to Paycheck as Financial Stress Reaches Five-Year High

A Ramsey Solutions survey found that 54% of Americans are living paycheck to paycheck in 2026, with 34% describing their financial situation as struggling or in crisis. The share of people in financial distress has risen 55% since 2021, driven by inflation, rising debt, and stagnant wages.

022

Finance & WealthOliver Wyman

Private Markets Open to More Investors in 2026 as Wealth Managers Expand Access Beyond Ultra-High-Net-Worth Clients

Wealth management firms are expanding access to private market investments for a broader range of clients in 2026. Professionally managed funds and evergreen structures are making it easier for investors outside the ultra-wealthy tier to participate in private equity and private credit. Advisors caution that liquidity constraints and concentration risks still require careful management.

023

Finance & WealthExperian

Inflation Hits 3.8 Percent as Gasoline Prices Surge 28 Percent Year Over Year in April 2026

The consumer price index rose 3.8 percent over the 12 months ending in April 2026, the largest annual increase since May 2023. Gasoline prices drove much of the increase, rising 28.4 percent year over year. Food and shelter costs also climbed, adding pressure to household budgets already strained by record-high credit card debt.

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Finance & WealthKiplinger

Trump Accounts Set to Launch in July 2026, Offering $1,000 Tax-Advantaged Investment Accounts for Minors

The U.S. Treasury has outlined an activation plan for Trump Accounts, a new program that provides $1,000 in tax-advantaged investment accounts for U.S. citizens under age 18. The accounts are designed to support future education, home buying, or business ventures. Financial experts say the program creates a legal path to Roth IRA-style wealth building for young Americans.

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Finance & WealthSpace News

SpaceX Files for $75 Billion IPO at $1.77 Trillion Valuation to Fund AI Data Centers in Space

SpaceX filed an updated IPO prospectus with the SEC on June 3, 2026, targeting a $75 billion raise by selling 555.6 million shares at $135 each. The company plans to use the proceeds to build orbital AI data centers and expand its Starlink satellite network, with Elon Musk retaining 82.4 percent of voting power after the offering.

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Finance & WealthCNBC

Marvell Technology and Flex to Join S&P 500 on June 22, Replacing Campbell's and Pool Corp

S&P Dow Jones Indices announced that Marvell Technology and Flex will join the S&P 500 on June 22, 2026, replacing Campbell's Company and Pool Corp. Marvell's inclusion reflects its growth as a key supplier of AI infrastructure chips, with shares rising about 6 percent after the announcement.

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Finance & WealthCBS News

U.S. Adults Correctly Answer Only 47 Percent of Financial Literacy Questions in 2026, Hitting Decade Low

A new TIAA Institute study found that U.S. adults correctly answered only 47 percent of financial literacy questions in 2026, the lowest score in the index's 10-year history. Gen Z adults scored the lowest at 38 percent, while 25 percent of all adults now fall into the very low financial literacy category.

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Finance & WealthAARP

Amazon Moves Prime Day to June in 2026, Reshaping Summer Shopping and Personal Finance Decisions

Amazon shifted its annual Prime Day sale to June in 2026, changing the summer shopping calendar for millions of consumers. The move coincides with Father's Day promotions and gives shoppers an earlier window to find deals on electronics, appliances, and outdoor gear.

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Finance & WealthExperian

Social Security Payments Reflect 2.8 Percent COLA Increase in June 2026, Average Benefit Now $2,071 Per Month

Social Security payments distributed in June 2026 reflect the 2.8 percent cost-of-living adjustment that took effect at the start of the year. The average retired worker now receives approximately $2,071 per month, up from the previous year.

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Finance & WealthCharles Schwab / Kiplinger

Mid-Year Financial Checkup: Six Steps Experts Recommend for June 2026

Financial advisors say June is the right time for a mid-year money review. Key tasks include checking year-to-date spending against your budget, verifying retirement contributions are on track, and running a tax projection before the June 15 estimated tax deadline. Experts also recommend auditing subscriptions and reviewing insurance coverage.

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Finance & WealthExperian / CNBC Personal Finance

Student Loan Defaults Surge as 2.6 Million Borrowers Fall Behind in Early 2026

Approximately 2.6 million federal student loan borrowers entered default in the first quarter of 2026, following 1 million defaults in late 2025. Total household debt has reached 18.8 trillion dollars. Financial experts say the surge reflects the end of pandemic-era payment pauses and rising living costs.

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Finance & WealthCNBC Personal Finance

Social Security Trust Fund Faces Long-Term Shortfall Risk as Benefits Average $2,071 Per Month

Social Security beneficiaries received June 2026 payments reflecting a 2.8 percent cost-of-living adjustment. The average retired worker benefit is now about $2,071 per month. Experts warn that potential future shortfalls in the trust fund could cut average monthly benefits by $500 for retirees if Congress does not act.

023

Finance & WealthCBS News

American Financial Literacy Hits 10-Year Low as Gen Z Scores Drop to 38 Percent

The 2026 TIAA Institute-GFLEC Personal Finance Index found that U.S. adults correctly answered only 47 percent of core financial questions, the lowest score in the survey's decade-long history. Gen Z scored just 38 percent and women scored 44 percent. Experts blame the complexity of the retirement system and social media misinformation.

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Finance & WealthExperian

U.S. Inflation Rose 3.8 Percent in April 2026, Highest Rate Since May 2023

The Consumer Price Index climbed 3.8 percent annually through April 2026, the largest increase in three years. Energy costs, particularly gasoline, drove much of the rise. Total household debt continues to grow even as credit card balances dipped seasonally in the first quarter.

023

Finance & WealthBoston Consulting Group

Global Financial Wealth Reaches $333 Trillion, BCG Report Finds

Global financial wealth grew to $333 trillion in 2025, a 10.7 percent increase and the fastest growth since 2021, according to a new Boston Consulting Group report. Emerging markets are expected to add $12 trillion in new wealth and more than one million new dollar millionaires by 2030.

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Finance & WealthCBS News

U.S. Financial Literacy Hits 10-Year Low as Gen Z Scores Drop to 38 Percent

A new TIAA Institute and Stanford University study found that U.S. adults correctly answered only 47 percent of basic financial literacy questions in 2025, the lowest score in the survey's 10-year history. Gen Z adults scored the lowest of any generation, at 38 percent.

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Finance & WealthYahoo Finance

June Is the Right Time for a Mid-Year Financial Checkup, Advisors Say

Financial advisors are urging Americans to use June as a checkpoint for reviewing budgets, rebalancing investment portfolios, and shoring up emergency funds. With inflation at 3.8 percent and household debt at $18.8 trillion, experts say small adjustments now can prevent bigger problems later.

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Finance & WealthExperian

U.S. Household Debt Hits $18.8 Trillion as Inflation Stays Elevated in 2026

Total U.S. household debt reached $18.8 trillion in 2026, with credit card balances near record highs at $1.25 trillion despite a $25 billion seasonal dip in the first quarter. Inflation rose 3.8% year-over-year in April 2026, the highest rate since May 2023.

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Finance & WealthFederal Reserve Bank of New York

2.6 Million Student Loan Borrowers Entered Default in Early 2026

About 2.6 million federal student loan borrowers fell into default in the first quarter of 2026, according to the Federal Reserve Bank of New York. This marks the first time student loan defaults have appeared on credit reports since the COVID-19 pandemic payment pause began.

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Finance & WealthBaird Wealth

New Retirement Contribution Limits for 2026 Under the One Big Beautiful Bill Act

The One Big Beautiful Bill Act, enacted July 4, 2025, raised retirement contribution limits for 2026. Workers can now contribute up to $24,500 to a 401(k), with those aged 60 to 63 eligible for a special catch-up contribution that brings their total to $35,750.

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Finance & WealthCaixaBank Research / CNBC

US-Iran Provisional Ceasefire Sends Oil Prices Down 2 Percent as Markets React Cautiously

A provisional 60-day ceasefire agreement between the United States and Iran, aimed at resuming nuclear program talks, drove energy prices down approximately 2 percent on June 1, 2026. U.S. equity markets showed slight upward movement while bond yields fell, with markets pricing in one Fed rate hike before year-end.

023

Finance & WealthTechCrunch

GitHub Copilot Switches to Token-Based Billing on June 1, Sparking Developer Backlash

GitHub switched its Copilot AI coding assistant from a flat subscription fee to a token-usage billing model on June 1, 2026, triggering widespread complaints from developers who say their monthly costs have jumped from under $30 to hundreds or thousands of dollars. Microsoft has not responded to requests for comment.

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Finance & WealthCNBC Personal Finance / Experian

K-Shaped Recovery Widens as Credit Card Debt Hits $1.25 Trillion and Food Insecurity Grows

New data from the Federal Reserve Bank of New York shows credit card debt in the United States reached $1.25 trillion in early 2026, while food insecurity has worsened for lower-income households. Economists describe the pattern as a K-shaped recovery, where higher-income households continue to build wealth while lower-income families fall further behind. Inflation at 3.3 percent and the Federal Reserve holding rates at 3.5 to 3.75 percent are adding pressure.

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Finance & WealthIRS / Kiplinger

New 401(k) Rules for 2026: High Earners Over 50 Must Use Roth for Catch-Up Contributions

A new IRS rule took effect in 2026 requiring workers aged 50 and older who earned $150,000 or more in 2025 to make all catch-up contributions to their 401(k) on an after-tax Roth basis. The standard employee contribution limit also rose to $24,500, up from $23,500 in 2025. Workers aged 60 to 63 can contribute up to $11,250 in catch-up contributions under a new super catch-up provision.

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Finance & WealthCNBC

Fannie Mae Accepts First Crypto-Backed Mortgage Product in Partnership with Coinbase

Fannie Mae began accepting a new mortgage product in March 2026 that allows homebuyers to use Bitcoin or USD Coin as collateral for a down payment. The product was developed by Better Home and Finance in partnership with Coinbase. Financial analysts say the loans carry higher monthly costs than traditional mortgages and are best suited for a small group of crypto-wealthy buyers.

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Finance & WealthCNBC

Gen Z Turns to Income Stacking as Cost of Living Pressures Mount in 2026

Gen Z professionals are increasingly turning to income stacking, juggling multiple jobs to manage rising expenses, according to CNBC reporting from May 2026. The average cost of a date for millennials has risen to $252, a phenomenon researchers are calling 'date-flation.' Meanwhile, 42 percent of homeowners reported significant increases in insurance costs.

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Finance & WealthCNBC

Retirement Confidence Falls as Workers Raid 401k Accounts Amid Inflation Pressure

Only 64 percent of Americans feel confident they will have enough money to live comfortably in retirement, down from the previous year, according to the 2026 Retirement Confidence Survey by the Employee Benefit Research Institute. Worker confidence specifically dropped to 61 percent. A concerning trend shows workers withdrawing funds from their 401k accounts as average balances decline.

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Finance & WealthCNBC

2.6 Million Student Loan Borrowers Fall Into Default as Wage Garnishment Resumes

The New York Fed reported that 2.6 million student loan borrowers fell into default in early 2026, coinciding with the federal government's resumption of wage garnishment for defaulted loans. New student loan repayment options are scheduled for introduction in July 2026. Interest rates for the 2026-2027 academic year are expected to rise.

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Finance & WealthCNBC

2.6 Million Student Loan Borrowers Fall Into Default in Early 2026

The Federal Reserve Bank of New York reported that 2.6 million student loan borrowers fell into default in the first quarter of 2026, following 1 million defaults in the final quarter of 2025. Defaults are most common among borrowers aged 50 and older and are concentrated in Southern states. The federal government is preparing to restart wage garnishment and tax refund withholding for borrowers who do not address their status.

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Finance & WealthCNBC

Gen Z Turns to Income Stacking as Inflation Squeezes Household Budgets

Younger workers are increasingly juggling multiple jobs, a practice called income stacking, as inflation keeps household budgets tight. CNBC reports that Gen Z workers are taking on side gigs, part-time work, and freelance projects alongside their primary jobs to cover rising costs. The U.S. savings rate has fallen to its lowest level since 2022, and some higher education institutions are now preparing students for an AI-driven job market.

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Finance & WealthCNBC

Fidelity: Average 401k Balance Dropped 4 Percent in First Quarter of 2026

Fidelity Investments reported that the average 401k balance fell 4 percent to $141,000 in the first quarter of 2026, driven by market volatility tied to the outbreak of the Iran war. Average IRA balances also dropped 4 percent to $131,380. The share of workers taking hardship withdrawals rose to 2.5 percent, and about 19.2 percent of workers held an outstanding 401k loan.

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Finance & WealthExperian

Bitcoin-Backed Mortgages Launch as Coinbase and Better Home Partner on New Loan Program

Better Home and Finance and Coinbase launched a program in May 2026 allowing homebuyers to use Bitcoin or USDC as collateral for mortgage down payments. The product targets crypto holders who want to buy homes without selling their digital assets.

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Finance & WealthExperian

Average Tax Refund Hits $3,397 in 2026, Up 11 Percent From Last Year

The average federal tax refund reached $3,397 as of April 10, 2026, an 11.2 percent increase from the same period in 2025. Financial advisors say most Americans would benefit more from adjusting their withholding than waiting for a large annual refund.

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Finance & WealthExperian

California Requires Personal Finance Class for High School Graduation Starting in 2031

California Governor Gavin Newsom signed a mandate in March 2026 requiring all high school students to complete a personal finance course before graduating, starting with the class of 2030-31. The curriculum covers budgeting, credit, investing, and debt management.

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Finance & WealthExperian / Coinbase

Crypto-Backed Mortgages Launch as Bitcoin Holders Seek Home Buying Options

Better Home and Finance and Coinbase announced a token-backed mortgage program in 2026 that allows Bitcoin or USDC holders to use their digital assets as collateral for a home down payment. Fannie Mae's involvement marks the first time lenders can count crypto holdings without requiring cash conversion.

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Finance & WealthExperian

Inflation Returns to 3% as Energy Prices Surge, Fed Holds Rates Steady

The Consumer Price Index rose 3.3% year-over-year in March 2026, up from 2.4% in January and February, driven by a 21.2% spike in gasoline prices tied to disruptions in the Strait of Hormuz. The Federal Reserve kept the federal funds rate at 3.5% to 3.75%, delaying expected rate cuts.

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Finance & WealthCalifornia Governor's Office

California Sets May 2026 Deadline for High School Financial Literacy Curriculum

California's State Board of Education faces a May 31, 2026, deadline to adopt a formal curriculum guide for a new mandatory personal finance course. The course, required under Assembly Bill 2927, must be offered in all public high schools by the 2027-28 school year and will be a graduation requirement for the class of 2030-31.

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Finance & WealthCNBC Personal Finance

Rising Energy Costs Push More Americans Toward Income Stacking and Side Hustles

A 21.2 percent spike in gasoline prices in March 2026, tied to tensions in the Strait of Hormuz, has pushed more Americans to take on multiple jobs or side income streams. Consumer sentiment surveys show growing financial anxiety as energy costs drive the Consumer Price Index up 3.3 percent year over year.

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Finance & WealthIRS / Fidelity

401(k) Contribution Limit Rises to $24,500 in 2026 as IRS Adjusts for Inflation

The IRS has raised the annual 401(k) contribution limit to $24,500 for 2026, up from the prior year. IRA limits have also increased to $7,500. Workers aged 60 to 63 can now contribute up to $35,750 annually under a new super catch-up provision.

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Finance & WealthUSA Today

Student Loan Repayment Options Will Be Cut to Two Plans Starting July 2026

Starting July 1, 2026, federal student loan borrowers will have access to only two repayment plans, down from the broader menu currently available. The change eliminates several income-driven options, including some zero-dollar payment plans for borrowers facing hardship.

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Finance & WealthExperian / CNBC

Inflation Hits 3.3 Percent as Energy Prices Surge After Iran Conflict

The Consumer Price Index rose 3.3 percent over the 12 months ending March 2026, driven by a 21.2 percent spike in gasoline prices. The surge followed U.S.-led military action against Iran in late February that disrupted global oil supply.

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Finance & WealthTechCrunch

OpenAI Launches ChatGPT Personal Finance Tools with Bank Account Integration

OpenAI launched personal finance tools for ChatGPT Pro subscribers on May 15, 2026, allowing users to connect more than 12,000 financial institutions through Plaid. The tools let users analyze spending, track subscriptions, and plan for major financial goals.

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Finance & WealthEmployee Benefit Research Institute

Americans Retirement Confidence Drops to Lowest Point in Nearly a Decade

The 2026 Retirement Confidence Survey found that only 64 percent of Americans feel confident about having enough money to retire comfortably, down from the previous year. Rising housing costs, healthcare expenses, and concerns about government changes to retirement programs are driving the decline.

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Finance & WealthExperian

Average Tax Refund Jumped 11 Percent in 2026 as Total Refunds Hit $265 Billion

The average federal tax refund rose 11.2 percent to $3,397 in 2026, with total refunds reaching $265.2 billion, up 16 percent from the prior year. Financial advisors say a larger refund often signals over-withholding and recommend using the money to pay down high-interest debt or build an emergency fund. The data was reported by Experian in its 2026 personal finance roundup.

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Finance & WealthExperian

Coinbase and Better Home Finance Launch Crypto-Backed Mortgage Program for Bitcoin Holders

Better Home and Finance and Coinbase have introduced a program that lets homebuyers use Bitcoin or USDC as collateral for a mortgage down payment. The product targets the 52 million Americans who own digital assets and want to buy a home without selling their crypto. Financial advisors warn the program carries significant risks, including steep collateral requirements and potential liquidation.

031

Finance & WealthExperian

Better Home and Finance Launches Crypto-Backed Mortgage with Coinbase

Better Home and Finance, in partnership with Coinbase, launched a program allowing homebuyers to use Bitcoin or USDC as collateral for a down payment. Eligible borrowers receive two loans: a conforming Fannie Mae mortgage and a separate loan secured by the pledged crypto. The product targets the 52 million Americans who own digital assets.

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Finance & WealthExperian / Kiplinger

Inflation Climbs Back to 3.3 Percent as Energy Prices Spike

The Consumer Price Index rose 3.3 percent over the 12 months ending in March 2026, driven by a 10.9 percent jump in energy prices. Gasoline prices spiked 21.2 percent after U.S.-led military action against Iran disrupted global oil supply. The Federal Reserve held rates steady and revised its inflation forecast upward.

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Finance & WealthTechCrunch

OpenAI Launches Personal Finance Tools for ChatGPT Pro Users

OpenAI launched personal finance tools for ChatGPT Pro subscribers in the U.S. on May 15, 2026, letting users connect bank accounts and ask questions about spending and financial planning. The company partnered with Plaid to support connections to over 12,000 financial institutions. More than 200 million users already ask financial questions to ChatGPT each month.

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Finance & WealthExperian

Inflation Returns to 3 Percent as Energy Prices Surge After Iran Conflict

U.S. inflation rose to 3.3 percent over the 12 months ending in March 2026, up sharply from 2.4 percent in January and February. Energy prices drove the increase, surging 10.9 percent in March after U.S.-led military action against Iran disrupted global oil supply. The Federal Reserve held interest rates steady and revised its inflation forecast upward.

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Finance & WealthExperian

American Retirement Confidence Drops as Housing Costs and Healthcare Squeeze Savings

The 2026 Retirement Confidence Survey found that only 64 percent of Americans feel confident about having enough money for retirement, down from the previous year. Worker confidence fell six percentage points to 61 percent. Rising housing costs and healthcare expenses are the top reasons people say they cannot save enough.

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Finance & WealthTechStartups

Kioxia Posts $8.2 Billion Quarterly Profit as AI Drives Memory Chip Demand to Record Levels

Japanese memory chip maker Kioxia reported an $8.2 billion first-quarter profit, driven by surging demand for memory chips used in AI servers and high-performance computing. The result reflects the broader boom in AI infrastructure spending. Analysts say memory chip demand is expected to remain strong through 2027.

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Finance & WealthPaging America

Virginia Becomes First Southern State to Mandate Paid Family and Medical Leave

Virginia became the first Southern state to mandate paid family and medical leave for workers. The law will provide workers with up to 12 weeks of paid leave for family or medical reasons. Supporters say the law will help working families, while some business groups raised concerns about costs.

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Finance & WealthPaging America

Maryland Sets Price Cap on Ozempic as Drug Affordability Boards Gain Momentum

Maryland's state prescription drug affordability board set a price cap on Ozempic, the popular diabetes and weight loss drug. The move makes Maryland one of the first states to cap the price of a GLP-1 medication. Drug affordability advocates say the action could serve as a model for other states.

031

Finance & WealthExperian

Crypto-Backed Mortgages Launch as Better Home and Coinbase Let Buyers Pledge Bitcoin for Down Payments

Better Home and Finance and Coinbase announced a new mortgage program in May 2026 that allows homebuyers to pledge Bitcoin or USDC as collateral for a down payment. Eligible borrowers receive two loans: a standard Fannie Mae mortgage and a separate loan secured by their cryptocurrency. The program targets the estimated 52 million Americans who own digital assets.

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Finance & WealthTechCrunch

OpenAI Launches ChatGPT Personal Finance Tools Letting Pro Users Connect Bank Accounts

OpenAI launched personal finance tools for ChatGPT Pro subscribers on May 15, 2026, allowing users to connect to more than 12,000 financial institutions through Plaid. The tools give users a dashboard showing portfolio performance, spending patterns, subscriptions, and upcoming payments. OpenAI acquired the team behind personal finance startup Hiro in April 2026 to help build the feature.

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Finance & WealthWealthWave

Financial Literacy Emergency: U.S. Adults Answer Only 49 Percent of Basic Finance Questions Correctly

U.S. adults answered only 49 percent of questions correctly on the TIAA Institute Personal Finance Index in 2025, a level that has not improved in nine years. A separate FINRA study found that only 27 percent of Americans passed a basic quiz on inflation, interest, risk, and debt. Experts say the gap between financial knowledge and financial confidence is widening.

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Finance & WealthPLANADVISER

Retirement Confidence Drops to Lowest Point in Nearly a Decade, Survey Finds

American workers and retirees are less confident about their retirement savings than at any point in nearly a decade, according to the 2026 Retirement Confidence Survey by the Employee Benefit Research Institute. Worker confidence dropped 6 percentage points to 61 percent, while retiree confidence fell 5 points to 73 percent. Rising housing costs and healthcare expenses are the top reasons cited.

028

Finance & WealthTechCrunch

OpenAI Launches ChatGPT Personal Finance Tools, Lets Pro Users Connect Bank Accounts

OpenAI launched personal finance tools for ChatGPT Pro subscribers in the United States on May 15, 2026. The tools allow users to connect their bank accounts and ask financial questions, from spending analysis to future planning. OpenAI partnered with Plaid to enable connections to more than 12,000 financial institutions.

026

Finance & WealthGOT News

Bain Capital Closes Record $10.5 Billion Asia Fund, Defying Private Equity Slowdown

Bain Capital closed its largest Asia fund at $10.5 billion, exceeding its target by $2.1 billion from external investors. The close defies a broader slowdown in private equity fundraising. The fund will focus on technology, healthcare, and consumer sectors across Asia.

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Finance & WealthGOT News

Dow Jones Reclaims 50,000 and S&P 500 Tops 7,500 as AI Earnings Drive Market Rally

The Dow Jones Industrial Average reclaimed 50,000 and the S&P 500 closed above 7,500 for the first time, driven by strong AI-related earnings and easing geopolitical tensions. Expected S&P 500 earnings growth for the first quarter doubled to 28 percent since early April. Analysts warn that narrow market leadership makes the rally fragile.

025

Finance & WealthPR Newswire

First Horizon Bank Teaches Nearly 8,700 Students About Saving and Budgeting in 2026 Program

First Horizon Bank announced that its 2026 Teach Children to Save program served nearly 8,700 students across multiple states. The program, run in collaboration with the American Bankers Association Foundation, sent bank associates into classrooms to teach age-appropriate lessons on savings, budgeting, and responsible spending. Students in kindergarten through eighth grade participated.

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Finance & WealthExperian

Retirement Confidence Falls to 64 Percent as Workers Worry About Housing and Healthcare Costs

The 2026 Retirement Confidence Survey found that 64 percent of Americans feel confident about having enough money for a comfortable retirement, down from the previous year. Worker confidence dropped six percentage points to 61 percent. Rising housing costs affected seven out of ten workers' ability to save, and nearly six out of ten cited healthcare expenses as cutting into retirement contributions.

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Finance & WealthTechCrunch

OpenAI Launches ChatGPT Personal Finance Tool, Lets Users Connect Bank Accounts

OpenAI launched a personal finance feature for ChatGPT Pro subscribers in the United States on May 15, 2026. The tool allows users to connect their financial accounts through a partnership with Plaid, which links to more than 12,000 financial institutions. Users can ask ChatGPT questions about their spending, investments, and financial goals.

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Finance & WealthBaird Wealth

Estate Tax Exemption Rises to $15 Million Per Person Under New Tax Law

The estate tax exemption increased to $15 million per person in 2026 under the One Big Beautiful Bill Act passed in July 2025, meaning most American families will not face federal estate taxes. Financial planners say the change simplifies estate planning for many households but annual review of estate documents remains important. The law also introduced a new tax-deferred savings account for minors with a $1,000 government contribution for newborns.

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Finance & WealthThe Wealth Break

S&P 500 Closes at Record High as Iran Ceasefire Eases Oil Market Fears

The S&P 500 closed at a new all-time high of 7,041 after Iran declared the Strait of Hormuz open to commercial traffic, easing fears of an oil supply disruption. The Nasdaq posted its longest winning streak since 2009. Financial advisors say the rally is a reminder to rebalance portfolios rather than chase gains.

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Finance & WealthThe Wealth Break

Credit Card Debt Hits Record $1.33 Trillion as Households Struggle With High Rates

Revolving consumer credit in the United States reached a record $1.33 trillion in April 2026, with credit card interest rates averaging between 21 and 24 percent. About 111 million Americans are currently carrying a balance, and a third say groceries and utilities are the primary source of their debt. Financial advisors are urging households to prioritize paying down high-interest balances.

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Finance & WealthExperian

Better Home and Coinbase Launch Crypto-Backed Mortgage Program

Better Home and Finance and Coinbase have announced a program that lets homebuyers use Bitcoin or USDC as collateral for a down payment instead of cash. The mortgage follows Fannie Mae guidelines, which could mean lower interest rates than other crypto-backed loan products. Financial advisors caution that the collateralization ratio is steep and the product suits only buyers with substantial crypto holdings.

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Finance & WealthExperian

Inflation Jumps to 3.3 Percent as Energy Prices Surge on Iran Conflict

The Consumer Price Index rose 3.3 percent over the 12 months ending in March 2026, up sharply from 2.4 percent in January and February. Gasoline prices spiked 21.2 percent in March, the largest monthly increase since the Bureau of Labor Statistics began tracking the series in 1967. The surge is tied to U.S.-led military action against Iran that disrupted oil supply through the Strait of Hormuz.

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Finance & WealthExperian

American Retirement Confidence Drops as Inflation and Housing Costs Bite

The 2026 Retirement Confidence Survey found that only 64 percent of Americans feel confident they will have enough money for a comfortable retirement, down from the prior year. Worker confidence fell 6 percentage points to 61 percent. Rising housing costs and healthcare expenses are the top reasons workers say they cannot save more.

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Finance & WealthOCC Financial Literacy Digest

Trump Accounts Set to Launch in July 2026, Giving Every American Child a Tax-Advantaged Investment Account

A new federal program called Trump Accounts will launch in July 2026, creating tax-advantaged investment accounts for all U.S. citizens under 18. The Treasury Department and Financial Literacy and Education Commission are leading outreach efforts to help families understand and use the accounts.

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Finance & WealthExperian

Retirement Confidence Drops as Workers Worry About Government Changes to Social Security

The 2026 Retirement Confidence Survey found that only 61 percent of workers feel confident about having enough money to retire, down 6 percentage points from 2025. Four in five workers say potential government changes to the retirement system are a top concern.

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Finance & WealthExperian

Average Tax Refund Jumps 11 Percent in 2026 as IRS Issues $265 Billion in Returns

The average federal tax refund reached $3,397 as of April 10, 2026, an 11.2 percent increase from the same period in 2025. The IRS has issued $265.2 billion in total refunds this season, up 16 percent year over year.

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Finance & WealthOCC / Bearded Skeptic

30 States Now Require Financial Literacy Courses for High School Graduation

As of 2026, 30 U.S. states require high schools to teach a standalone financial literacy course for graduation, up from just 6 states in 2019. The federal government is also launching 'Trump Accounts,' tax-advantaged investment accounts for children under 18, in July 2026.

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Finance & WealthExperian / CNBC

Inflation Climbs Back to 3% as Iran Conflict Drives Energy Prices Higher

The Consumer Price Index rose 3.3% year-over-year through March 2026, driven by a 21.2% spike in gasoline prices tied to U.S.-led military action against Iran. The Federal Reserve held interest rates steady at 3.5% to 3.75% and revised its inflation forecast upward.

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Finance & WealthExperian

American Retirement Confidence Drops as Housing and Healthcare Costs Bite

The 2026 EBRI Retirement Confidence Survey found that only 64% of Americans feel confident about retiring comfortably, down from 66% the previous year. Rising housing costs affect 70% of workers' ability to save, and healthcare expenses cut into contributions for 60%.

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Finance & WealthExperian / Bureau of Labor Statistics

Gasoline Prices Post Biggest Monthly Spike Since 1967 as Inflation Climbs to 3.3 Percent

The Consumer Price Index rose 3.3% over the 12 months ending in March 2026, up sharply from 2.4% in January and February. A 21.2% spike in gasoline prices, tied to U.S. military action against Iran, drove most of the increase.

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Finance & WealthExperian

Better Home and Coinbase Launch Crypto-Backed Mortgage for Bitcoin Holders

Better Home and Finance and Coinbase have introduced a mortgage program that lets buyers use Bitcoin or USDC as collateral for a down payment. The product targets the 52 million Americans who own digital assets but do not want to sell them to buy a home.

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Finance & WealthExperian

Retirement Confidence Falls as Housing and Healthcare Costs Squeeze American Workers

A new survey from the Employee Benefit Research Institute found that worker confidence in retirement fell 6 percentage points to 61% in 2026. Rising housing costs are affecting 7 in 10 workers' ability to save, and nearly 6 in 10 say healthcare expenses are cutting into their retirement contributions.

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Finance & WealthExperian

Better Home and Coinbase Launch Crypto-Backed Mortgage Program

Better Home and Finance and Coinbase have launched a program that lets homebuyers use Bitcoin or USDC as collateral for a down payment instead of cash. Eligible borrowers receive two loans: a standard Fannie Mae mortgage for the home and a separate loan secured by the crypto collateral. The program targets the 52 million Americans who own digital assets.

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Finance & WealthExperian

Inflation Jumps to 3.3% as Energy Prices Surge After Iran Conflict

The Consumer Price Index rose 3.3% over the 12 months ending March 2026, up sharply from 2.4% in January and February. Energy prices drove the increase, with gasoline prices jumping 21.2% in March alone, the largest single-month gain since 1967. The Federal Reserve held rates steady at 3.5% to 3.75% and revised its inflation forecast upward.

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Finance & WealthExperian

American Retirement Confidence Drops to 64% as Housing and Healthcare Costs Bite

The 2026 Retirement Confidence Survey found that only 64% of Americans feel confident about retiring comfortably, down from the previous year. Worker confidence fell 6 percentage points to 61%. Four out of five workers are worried about potential government changes to the US retirement system.

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Finance & WealthFisher Investments

401(k) Contribution Limits Rise to $24,500 in 2026 With New Roth Catch-Up Rule

The annual contribution limit for 401(k), 403(b), and 457 retirement plans increased to $24,500 in 2026, up from $23,500 in 2025. IRA limits also rose to $7,500. A new rule requires high earners to make catch-up contributions as Roth contributions, meaning the money is taxed upfront but grows tax-free.

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Finance & WealthForbes Personal Finance

Fraud Losses Hit $15.9 Billion in 2025 as Investment Scams Cause Steepest Damage

Americans lost $15.9 billion to fraud in 2025, according to new data cited by Forbes. Investment scams caused the largest financial losses, while imposter scams were the most commonly reported type of fraud. Experts say digital fraud is rising and urge consumers to strengthen account security.

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Finance & WealthForbes Personal Finance

Student Loan Wage Garnishments Resume as Millions of Borrowers Face Payment Jumps

The federal government began garnishing wages of student loan borrowers in default in early 2026, resuming collection activity that was paused during the COVID-19 pandemic. Separately, seven million borrowers are expected to see their monthly payments increase due to Trump administration changes to repayment plans. Experts urge borrowers to act quickly to protect their options.

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Finance & WealthExperian

Crypto-Backed Mortgages Launch as Better Home and Coinbase Target 52 Million Digital Asset Holders

Better Home and Finance and Coinbase have launched a program that lets homebuyers use Bitcoin or USDC as collateral for a down payment. The product targets the 52 million Americans who hold digital assets. Experts warn the collateralization ratio is steep, with $100,000 in Bitcoin yielding only $40,000 in down payment credit.

035

Finance & WealthExperian

Retirement Confidence Falls as Inflation and Housing Costs Squeeze American Workers

The 2026 Retirement Confidence Survey found that only 64 percent of Americans feel confident about their retirement savings, down from the previous year. Worker confidence dropped 6 points to 61 percent. Rising housing costs and healthcare expenses are the top reasons workers say they cannot save more.

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Finance & WealthDaily Tribune

71 Percent of U.S. Frontline Workers Fail Basic Financial Literacy Test, Study Finds

A new study of 5,600 American frontline workers found that 71 percent did not meet a basic financial literacy benchmark. The research, released May 7 by Stream, found that 47 percent of participants reported constant financial stress. Researchers say access to financial tools matters more than literacy alone.

035

Finance & WealthOffice of the Comptroller of the Currency

Trump Accounts Set to Launch in July Giving Kids Tax-Advantaged Savings

A new program called "Trump Accounts" will launch in July 2026, providing tax-advantaged investment accounts for U.S. citizens under age 18. Each child born between January 1, 2025, and December 31, 2028, will receive $1,000 in a long-term savings account.

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Finance & WealthExperian

Inflation Jumps to 3.3 Percent as Energy Prices Spike After Iran Conflict

The Consumer Price Index rose 3.3 percent over the 12 months ending in March 2026, up sharply from 2.4 percent in January and February. Gasoline prices jumped 21.2 percent in March alone, the largest single-month increase since the Bureau of Labor Statistics began tracking the series.

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Finance & WealthExperian

Retirement Confidence Drops to Lowest Level in Nearly a Decade

The 2026 Retirement Confidence Survey found that only 64 percent of Americans feel confident about having enough money for a comfortable retirement, down from the previous year. Worker confidence dropped 6 percentage points to 61 percent.

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Finance & WealthJP Morgan Private Bank

Roth Conversions and Tax-Loss Harvesting Among Top Wealth Strategies for 2026

Financial advisers are pointing to Roth IRA conversions and tax-loss harvesting as two of the most effective wealth-building moves for 2026. Higher contribution limits and a rising estate tax exemption are also creating new planning opportunities.

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Finance & WealthFunds for NGOs

Santa Monica Foundation Launches Student Investment Club to Teach Real-World Finance

The Santa Monica Education Foundation launched the Samohi Student Investment Club at its annual wine auction on May 4, 2026. Students will manage a real investment portfolio, with returns directed toward arts and athletics programs at local public schools.

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Finance & WealthYahoo Finance

Mortgage Rates Climb to 6.22 Percent as Fed Holds Rates Steady in May 2026

The average 30-year fixed mortgage rate rose to 6.22 percent as of May 5, 2026, up nine basis points from the prior week. The Federal Reserve held interest rates steady in April, leaving borrowers with little relief in the near term.

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Finance & WealthCNBC Personal Finance

Treasury Sets Series I Bond Rate at 4.26% Through October 2026

The U.S. Treasury Department announced a Series I bond rate of 4.26% through October 2026. The rate applies to bonds purchased between May and October, and savers can buy up to $10,000 in electronic I bonds per year.

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Finance & WealthCNBC Personal Finance

New College Graduates Overestimate Starting Salaries by Nearly $24,000, Report Finds

A new report released May 4, 2026 found that new college graduates expect starting salaries nearly $24,000 higher than what employers actually offer. The gap is widest in fields like communications and liberal arts.

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Finance & WealthGlobe Newswire

Old National Bank Joins U.S. Treasury Roundtable on Financial Literacy in Washington

Old National Bank participated in the U.S. Treasury Department's Financial Literacy Month Roundtable in Washington, D.C. on May 4, 2026. Treasury Secretary Scott Bessent hosted 14 community bank leaders to discuss financial education programs across the country.

051

Finance & WealthLiveMint

Six Personal Finance Mistakes That Can Derail Your Financial Future in May 2026

Financial experts are warning savers and investors about six common mistakes that can undermine long-term wealth building. The list includes emotion-driven investing, overusing debt for lifestyle spending, ignoring diversification, and poor tax planning.

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Finance & WealthKiplinger

Georgia Rolls Out Surplus Tax Rebates in May as State Lowers Income Tax Rate to 4.99 Percent

Georgia is distributing surplus tax rebates to eligible residents in May 2026, alongside a reduction in the state income tax rate to 4.99 percent. The rebates are part of a broader effort by the state to return excess revenue to taxpayers.

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Finance & WealthYahoo Finance

High-Yield Savings Rates Hit 4.10 Percent as Fed Holds Rates Steady in May 2026

The highest available high-yield savings account rate reached 4.10 percent APY as of May 3, 2026, according to Yahoo Finance data. The Federal Reserve has held interest rates steady, with no immediate cuts expected as inflation concerns persist.

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Finance & WealthYahoo Finance

Mortgage Rates Rise to 6.21 Percent as Inflation Concerns Push Borrowing Costs Higher

The 30-year fixed mortgage rate climbed to 6.21 percent as of May 1, up 11 basis points from the prior week. Inflation concerns are driving the increase. The 15-year fixed rate rose to 5.63 percent. Buyers and homeowners considering refinancing face higher monthly payments compared to a year ago.

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Finance & WealthFisher Investments

401(k) Contribution Limits Rise to $24,500 in 2026, IRA Limit Hits $7,500

Retirement account contribution limits increased for 2026. Workers can now put up to $24,500 into a 401(k), up from $23,500 last year. IRA limits rose to $7,500. Workers aged 60 to 63 can contribute an additional $11,250 as a catch-up contribution, the highest allowed for any age group.

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Finance & WealthChicago Tribune

Treasury Secretary Bessent Pushes Financial Literacy, Warns Against Easy-Money Traps

Treasury Secretary Scott Bessent is making financial literacy a priority, warning Americans to avoid lottery tickets, buy-now-pay-later loans, and other easy-money traps. Bessent, who grew up in poverty in rural South Carolina, relaunched Financial Literacy Month at the Treasury Department. Critics say rising living costs make saving difficult regardless of financial knowledge.

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Finance & WealthFisher Investments

401(k) Limits Rise to $24,500 in 2026 as New Roth Rules Take Effect for High Earners

The annual contribution limit for 401(k) plans increased to $24,500 in 2026, up from $23,500 in 2025. IRA limits also rose to $7,500. A new rule requires workers who earned more than $150,000 in FICA wages the prior year to make catch-up contributions as Roth contributions, meaning they pay taxes upfront rather than at withdrawal.

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Finance & WealthAssociated Press / Press Democrat

Treasury Secretary Bessent Pushes Financial Literacy as Americans Struggle With Rising Costs

Treasury Secretary Scott Bessent is making financial literacy a centerpiece of his tenure, warning Americans against lottery tickets, buy-now-pay-later loans, and get-rich-quick schemes. His push comes as Trump's approval rating on the economy dropped to 30% in April and the national debt surpassed $39 trillion. Critics say the problem is not a lack of knowledge but a lack of spare income.

035

Finance & WealthPierce Atwood

Estate Tax Exemption Now $15 Million Per Person in 2026, Giving Families More Time to Plan

The federal estate tax exemption rose to $15 million per person on January 1, 2026, under the One Big Beautiful Bill Act signed in July 2025. Married couples can now shield up to $30 million from federal estate taxes, and the exemption will adjust for inflation each year going forward.

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Finance & WealthCNBC

Push for Millionaire Tax Spreads to More States as Income Inequality Debate Heats Up

More states are moving to impose additional taxes on high earners in 2026, following the lead of states like California and New York that already have millionaire surcharges. Advocates say the revenue is needed for education and healthcare. Opponents warn it will push wealthy residents to lower-tax states.

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Finance & WealthBreaking AC

Smart Financial Strategies for 2026: How to Build Wealth in a Digital Economy

Financial experts say 2026 is a good year to revisit budgeting basics, pay down high-interest debt, and use AI-powered tools to automate savings. With interest rates expected to fall gradually, locking in yields on CDs or bond ladders now could protect returns.

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Finance & WealthBaird Wealth

Estate Tax Exemption Rises to $15 Million Per Person in 2026 Under New Tax Law

The estate tax exemption increased to $15 million per person in 2026 under the One Big Beautiful Bill Act passed in July 2025. The change means most American families will not need complex estate planning strategies to avoid the tax. Financial advisors still recommend annual reviews of estate plans to keep beneficiaries and appointed roles current.

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Finance & WealthPR Newswire

Survey: Only 39% of Americans Learned Personal Finance in School, Nearly 70% Say It Should Be Required

A Synchrony survey conducted in early 2026 found that only 39% of U.S. consumers learned about personal finance in school. Nearly 70% believe it should be taught in educational institutions. The survey also found that just over half of respondents felt they had strong financial literacy skills.

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Finance & WealthExperian

Treasury Takes Over $180 Billion in Defaulted Student Loans from Education Department

The U.S. Department of Education and the Treasury Department are transferring management of $180 billion in defaulted federal student loans from approximately 9.2 million borrowers. The shift is the first phase of a broader portfolio transfer. Borrowers seeking counseling or rehabilitation programs may face delays during the transition.

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Finance & WealthMyMoney.gov

Financial Literacy Month: SEC and FDIC Push Resources to Help Americans Build Emergency Funds and Avoid Scams

The Securities and Exchange Commission and the Federal Deposit Insurance Corporation are highlighting free financial education tools during April's National Financial Literacy Month. Key messages focus on emergency savings, long-term investing, and protecting against fraud.

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Finance & WealthBaird Private Wealth Management

Estate Tax Exemption Set to Rise to $15 Million Per Person in 2026, Reducing Tax Burden for Wealthy Families

The federal estate tax exemption is projected to increase to $15 million per person in 2026, up from prior years, meaning fewer estates will owe federal taxes. Financial planners say families should review their estate plans now to take advantage of the higher limits.

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Finance & WealthFederal Reserve

FOMC Meets April 28 to 29 as Fed Holds Rates at 3.50 to 3.75 Percent

The Federal Reserve's policy committee convenes this week with the federal funds rate unchanged at 3.50 to 3.75 percent. Chair Jerome Powell's term expires May 15, adding uncertainty to the meeting's outcome.

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Finance & WealthForbes

Federal Reserve April Meeting Puts Spotlight on Inflation, Powell Succession, and Rate Path

With Jerome Powell's term expiring May 15 and Kevin Warsh awaiting Senate confirmation, the April 28-29 FOMC meeting carries unusual weight. Markets are watching for signals on whether rate cuts will resume later in 2026.

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Finance & WealthBrookings Institution

Black Families Hold 17 Cents for Every Dollar of White Family Wealth, Federal Reserve Data Shows

The median net worth of African American families stood at $44,900 in 2022 compared to $285,000 for white families, according to the Federal Reserve's Survey of Consumer Finances. The racial wealth gap widened by nearly $50,000 between 2019 and 2022.

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Finance & WealthThe Wealth Break

Wealth Building in 2026: Pay Off Debt First, Then Invest Consistently

Financial advisors in 2026 are pushing back against the idea that investing and carrying debt can coexist comfortably. The core advice: eliminate high-interest debt first, build an emergency fund, then invest consistently.

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Finance & WealthExperian

Treasury Takes Over 80 Billion in Defaulted Student Loans, Affecting 9.2 Million Borrowers

The U.S. Department of Education and Treasury have begun transferring management of defaulted federal student loans to the Treasury Department. About 9.2 million borrowers with 80 billion in defaulted debt are affected in the first phase.

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Finance & WealthJP Morgan Private Bank

Estate and Gift Tax Exemptions Rise to 5 Million Per Person in 2026 Under New Law

The One Big Beautiful Bill Act made higher estate and gift tax exemptions permanent starting in 2026. Individuals can now transfer up to 5 million tax-free during their lifetime, and married couples can transfer up to 0 million.

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Finance & WealthAPM Mortgage

Joy-Based Budgeting Gains Traction as Americans Cut Spending on Essentials

With grocery prices up 3.1% year-over-year and many Americans relying on credit cards for daily expenses, financial advisors are promoting joy-based budgeting. The approach asks people to identify what spending brings the most happiness and cut everything else. Experts say it works better than guilt-driven budgeting for building lasting habits.

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Finance & WealthExperian

Gas Prices Near $4 a Gallon as Middle East Conflict Disrupts Oil Supply

National average gasoline prices reached $3.98 per gallon in late March 2026, a nearly 35% jump from the prior month. The spike is tied to rising crude oil prices caused by conflict in the Middle East disrupting tanker traffic through the Strait of Hormuz. The International Energy Agency agreed to release 400 million barrels from emergency reserves in response.

036

Finance & WealthState Street Global Advisors

401(k) Limits Rise to $24,500 in 2026, Offering New Opportunities to Build Retirement Savings

The IRS raised 401(k) contribution limits to $24,500 for 2026, with an $8,000 catch-up contribution for those 50 and older. Workers aged 60 to 63 can contribute an additional $11,250 under a new 'super catch-up' provision. Financial advisors say the higher limits give savers a real chance to accelerate retirement savings.

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Finance & WealthJournal of Accountancy

April Is Financial Literacy Month: Experts Urge Americans to Set SMART Goals and Build Emergency Funds

April 2026 is National Financial Literacy Month, designated by the U.S. Senate to raise awareness about smart money management. Experts are urging Americans to understand their current financial situation, set specific goals, build emergency funds covering three to six months of expenses, and seek guidance from trusted financial professionals.

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Finance & WealthExperian

Gas Prices Jump 35% in One Month as Middle East Conflict Disrupts Oil Supply

National gas prices rose from $2.95 to $3.98 per gallon in March 2026, a nearly 35% increase driven by Middle East conflict disrupting oil tanker traffic through the Strait of Hormuz. The International Energy Agency released 400 million barrels of emergency oil reserves to stabilize markets, including 172 million barrels from U.S. strategic reserves.

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Finance & WealthJP Morgan Private Bank

Wealth Advisors Say Max Out Tax-Advantaged Accounts Before Chasing Returns in 2026

Financial planners are urging clients to fully fund 401(k)s, IRAs, and HSAs before pursuing other investments in 2026. Contribution limits increased this year, and the federal estate tax exemption rose to $15 million per individual. Experts say tax optimization is the most reliable path to long-term wealth.

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Finance & WealthExperian

April Is Financial Literacy Month: Experts Urge Americans to Build Emergency Funds First

April 2026 is National Financial Literacy Month. Financial experts say the first step for most Americans is building an emergency fund covering three to six months of expenses. A 2025 survey found that poor financial skills cost Americans $246 billion last year.

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Finance & WealthOliver Wyman / Financial Planning

AI Is Reshaping Wealth Management as Firms Race to Build Personalized Advice Tools

Wealth management firms are rapidly adopting AI to handle prospecting, portfolio design, and client communications, according to a 2026 trends report from Oliver Wyman. The shift is allowing advisors to focus on complex financial decisions while AI handles administrative work. New legislation from the "One Big Beautiful Bill" Act also raised the estate tax exemption to $15 million per person for 2026.

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Finance & WealthExperian

Gas Prices Near Four Dollars as Middle East Conflict Pushes Oil Costs Higher

The national average for a gallon of regular gasoline reached $3.98 by late March 2026, a nearly 35 percent increase from the previous month. The spike was driven by crude oil price increases tied to conflict in the Middle East and disruptions to tanker traffic through the Strait of Hormuz. The International Energy Agency agreed to release 400 million barrels from emergency reserves in response.

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Finance & WealthUNCF

UNCF Deploys 100,000 Dollars in Grants to Advance Wealth-Building at HBCUs

UNCF released findings from its HBCU Wealth-Building Initiative on April 16 and announced Phase II, which includes $100,000 in catalytic grants to three historically Black colleges and universities. The report found that 85 percent of respondents prioritize wealth-building but 30 percent cite limited financial knowledge as a barrier. The initiative is supported by The Prudential Foundation.

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Finance & WealthExperian / The Wealth Break

Gas Prices Near $4 as Middle East Conflict Disrupts Oil Supply Chains

The national average for regular gasoline hit $3.98 in late March 2026, a 35% jump in one month, after conflict in the Middle East disrupted tanker traffic through the Strait of Hormuz. The International Energy Agency released 400 million barrels from emergency reserves to ease the pressure.

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Finance & WealthJournal of Accountancy / AICPA

Financial Literacy Month: Experts Urge Americans to Build Emergency Funds and Know Their Numbers

April is Financial Literacy Month, and financial experts are urging Americans to understand their financial situation, set clear goals, and build emergency funds. A new survey shows 42% of Americans planned financial resolutions for 2026, second only to physical fitness goals.

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Finance & WealthExperian / CNBC

Treasury Takes Over $180 Billion in Defaulted Student Loans as Portfolio Hits $1.7 Trillion

The U.S. Department of Education and Treasury announced a partnership in April 2026 to transfer management of the federal student loan portfolio to the Treasury Department. The initial phase covers roughly $180 billion owed by 9.2 million borrowers in default, with future phases expanding Treasury's role to non-defaulted loans.

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Finance & WealthCNBC Personal Finance

Congress Introduces Bipartisan Bills to Boost Retirement Savings for Family Caregivers

New bipartisan legislation in Congress would allow family caregivers to contribute to retirement accounts even when they are not earning income. The bills target a gap in the tax code that leaves millions of unpaid caregivers, mostly women, without retirement savings.

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Finance & WealthBaltimore Times

Financial Literacy Hub Opens in Gaithersburg as Virtuity Financial Partners Expands Community Reach

Virtuity Financial Partners opened a new Financial Literacy Hub in Gaithersburg, Maryland, on April 25, 2026. The hub aims to bring financial education directly to workplaces, schools, and community organizations in an area with significant financial need.

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Finance & WealthExperian

April Tax Refunds Average 11 Percent Higher Than Last Year as IRS Processes Millions of Returns

The IRS is processing millions of tax refunds this week, with the average refund running 11.2 percent higher than the same period last year. Taxpayers who filed between March 30 and April 5 can expect direct deposits within a few business days.

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Finance & WealthKiplinger

Tariffs Push Inflation Toward 4 Percent as Consumer Prices Rise on Everyday Goods

Tariffs on imported goods are driving consumer prices higher, with April inflation reports expected to show a jump toward 4 percent before energy costs ease. Tomatoes, electronics, and household goods are among the items seeing the sharpest price increases.

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Finance & WealthKFVS12

Financial Literacy Month: Only 38 Percent of Gen Z Understand Their Own Money

A certified financial planner says nearly half of U.S. adults grade themselves a C in financial literacy, and only 38 percent of Gen Z report understanding their finances, as April marks National Financial Literacy Month.

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Finance & WealthExperian

Treasury Takes Over $180 Billion in Defaulted Student Loans from 9.2 Million Borrowers

The U.S. Department of Education and Treasury Department are transferring management of approximately $180 billion in defaulted federal student loans to the Treasury, affecting 9.2 million borrowers and potentially delaying access to counseling and rehabilitation programs.

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Finance & WealthBaltimore Times / KFVS12

Financial Literacy Month: Half of U.S. Adults Grade Themselves a C in Money Skills

April 2026 marks Financial Literacy Month, and new data shows nearly half of U.S. adults give themselves a C grade in financial literacy. Only 38 percent of Gen Z say they understand their money, and Americans collectively carry $1.39 trillion in credit card debt.

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Finance & WealthExperian / CNBC

Treasury Takes Over $180 Billion in Defaulted Student Loans

The U.S. Department of the Treasury began taking over collection of defaulted federal student loans in April 2026, affecting 9.2 million borrowers who owe approximately $180 billion. Wage garnishment and seizure of tax refunds could resume once the transition is complete.

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Finance & WealthTechCrunch

OpenAI Acquires AI Personal Finance Startup Hiro in Fintech Push

OpenAI acquired Hiro Finance on April 13, 2026, in a deal described as an acqui-hire. Hiro offered AI-powered financial planning tools that let users model different money scenarios. The team, including founder Ethan Bloch, will join OpenAI.

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Finance & WealthOliver Wyman

Wealth Managers Identify AI and Private Markets as Top Trends for 2026

A new report from Oliver Wyman identifies AI-augmented financial advice and the expansion of private markets as two of the most significant trends reshaping wealth management in 2026. The report also highlights tokenization of cash and a growing focus on upper-affluent clients.

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Finance & WealthExperian

Gas Prices Jump 35 Percent as Middle East Conflict Disrupts Oil Shipping

The national average price for a gallon of regular gasoline reached $3.98 as of March 24, 2026, a 35 percent increase from the prior month. The surge is tied to Middle East conflict disrupting tanker traffic through the Strait of Hormuz, a key route for global oil transport.

037

Finance & WealthThe Baltimore Times

Financial Literacy Hub Opens in Gaithersburg as April Awareness Month Continues

Virtuity Financial Partners is opening a new Financial Literacy Hub in Gaithersburg, Maryland, on April 25, 2026, as part of National Financial Literacy Month. The organization focuses on bringing financial education directly to communities, schools, and workplaces, with a focus on Black residents in the Baltimore area.

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Finance & WealthBrownwood News

April Is National Financial Literacy Month: Nearly Half of U.S. Adults Grade Themselves a C

April is National Financial Literacy Month, designated by the U.S. Senate. A 2026 survey found that nearly half of U.S. adults would give themselves a C grade in financial literacy, and only 38% of Gen Z say they understand their money.

037

Finance & WealthTechCrunch

OpenAI Acquires AI Personal Finance Startup Hiro in Second Fintech Deal

OpenAI has acquired Hiro Finance, an AI-powered personal finance startup founded in 2024. The deal is an acqui-hire, meaning OpenAI's primary goal is to bring on Hiro's team. The Hiro app shut down on April 20, 2026, with all user data set for deletion by May 13.

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Finance & WealthSEC

Financial Literacy Month 2026: SEC and Treasury Push for Early Investing and Debt Reduction

The SEC and U.S. Treasury Department marked Financial Literacy Month in April 2026 with new resources and outreach events. SEC Chairman Paul Atkins encouraged Americans to focus on early investing, living within their means, and building emergency funds. A GreenPath survey found that 44 percent of consumers rely on family and friends for financial guidance.

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Finance & WealthTechCrunch

OpenAI Acquires AI Personal Finance Startup Hiro in Strategic Acqui-Hire

OpenAI acquired Hiro Finance, an AI-powered personal finance startup, on April 13, 2026. Founder Ethan Bloch and roughly 10 employees are joining OpenAI. Hiro's standalone app will shut down on April 20, with all user data deleted by May 13.

043

Finance & WealthAlbert Mohler

US Fertility Rate Hits New Record Low, Raising Economic and Social Concerns

U.S. fertility rates fell to a new record low in 2026, continuing a decade-long decline. Economists and demographers warn the trend will strain Social Security, reduce the workforce, and slow economic growth in the coming decades.

045

Finance & Wealth247 Wall St

Amazon Acquires Globalstar for $11.5 Billion to Challenge SpaceX Starlink

Amazon agreed to acquire satellite operator Globalstar for approximately $11.5 billion, or $90 per share, in a deal announced in April 2026. The acquisition gives Amazon a satellite network and spectrum licenses to build its direct-to-device satellite internet service.

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Finance & WealthIMF

IMF Cuts Global Growth Forecast to 3.1 Percent as Iran War Drives Inflation

The International Monetary Fund released its World Economic Outlook on April 14, 2026, projecting global growth to slow to 3.1 percent in 2026 due to the Middle East conflict. The IMF warned that a longer or broader war could significantly weaken growth and destabilize financial markets.

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Finance & WealthMorningstar

Financial Literacy Month 2026: Half of US Adults Grade Themselves a C in Money Management

A new survey released during Financial Literacy Month found that approximately half of US adults grade themselves a "C" in financial literacy. The data shows financial knowledge tends to decline with younger generations, with only 38 percent of Gen Z reporting they understand their money.

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Finance & WealthWealth Management

ETF Inflows Hit Nearly $500 Billion in Q1 2026, Led by Fixed Income and US Equities

Exchange-traded fund inflows reached nearly $500 billion in the first quarter of 2026, according to new data. US fixed income ETFs led the way with $40.1 billion in inflows, followed by US equity ETFs at $38.9 billion.

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Finance & WealthTechCrunch

OpenAI Acquires AI Personal Finance Startup Hiro, Plans to Add Financial Planning to ChatGPT

OpenAI acquired Hiro Finance, an AI-powered personal finance startup, on April 13, 2026. The deal brings Hiro's financial planning tools and team into OpenAI, with plans to integrate advanced financial capabilities into ChatGPT.

049

Finance & WealthExperian

Gas Prices Surge 35 Percent in One Month as Iran War Disrupts Oil Supply

The national average for a gallon of regular gasoline reached 3.98 dollars on March 24, up nearly 35 percent from 2.95 dollars a month earlier. The spike is driven by crude oil price increases tied to conflict in the Middle East and disruptions to tanker traffic through the Strait of Hormuz. The International Energy Agency agreed to release 400 million barrels from emergency reserves in response.

041

Finance & WealthNPR

Treasury Department Takes Over 180 Billion Dollars in Defaulted Student Loans from Education Department

The U.S. Treasury Department began taking over collection of approximately 180 billion dollars in defaulted federal student loans from the Education Department in March 2026. About 9.2 million borrowers are in default. The move is part of a broader plan to transfer the entire 1.7 trillion dollar federal student loan portfolio to Treasury, which critics call an illegal scheme.

038

Finance & WealthSEC.gov

SEC Highlights Financial Independence Tools During April Financial Literacy Month

The Securities and Exchange Commission is spotlighting financial planning resources on Investor.gov throughout April for National Financial Literacy Month. SEC Chairman Paul Atkins emphasized the importance of early investing, living within one's means, and building an emergency fund. The agency is also hosting outreach events for military members, veterans, older adults, teachers, and students.

038

Finance & WealthKiplinger

Inflation Expected to Hit 4 Percent as Gas Prices Surge and Mortgage Rates Rise

Inflation is projected to reach 4.0% in April 2026, driven by spiking energy costs tied to Middle East conflict. The national average for a gallon of regular gasoline hit $3.98 in late March, a 35% jump in one month, while the average 30-year fixed mortgage rate climbed to 6.22%, reversing months of improvement.

041

Finance & WealthPBS NewsHour

Treasury Takes Over $180 Billion in Defaulted Federal Student Loans from Education Department

The U.S. Department of the Treasury began taking over collection of approximately $180 billion in defaulted federal student loans from 9.2 million borrowers in April 2026. The shift is part of a broader transfer of the nearly $1.7 trillion federal student loan portfolio from the Department of Education to the Treasury.

038

Finance & WealthGreenPath Financial Wellness

Financial Literacy Month: 44 Percent of Americans Rely on Family and Friends for Money Advice

A 2026 survey by U.S. News and World Report found that about 44% of Americans rely on family and friends for financial guidance, while nearly 31% do not seek any financial advice at all. The findings, released during Financial Literacy Month in April, highlight persistent gaps in access to trusted financial education.

044

Finance & WealthUSA Today

Treasury Department Takes Over Defaulted Federal Student Loans From Education

The U.S. Treasury Department began taking over management of defaulted federal student loans from the Department of Education in March 2026, covering approximately $180 billion owed by 9.2 million borrowers. Borrowers do not need to take immediate action, but advocates warn the transition could cause confusion.

041

Finance & WealthExperian

Gas Prices, Rising Mortgage Rates, and Tax Deadline Shape April Personal Finance

Americans face a cluster of financial pressures in April 2026: gas prices have risen nearly 35% in a month to $3.98 per gallon, mortgage rates climbed to 6.22%, and the federal tax deadline falls on April 15. The U.S. Senate has designated April as Financial Literacy Month.

047

Finance & WealthFisher Investments

Higher 401k Limits and New Catch-Up Rules Give Savers More Room in 2026

The annual 401(k) contribution limit rose to $24,500 in 2026, and IRA limits increased to $7,500. Workers aged 60 to 63 can now contribute an additional $11,250 in catch-up contributions to 401(k) plans. Financial advisers say April is a good time to review retirement account settings.

035

Finance & WealthU.S. Department of the Treasury

White House Launches Trump Accounts, Giving $1,000 to Every Child Born 2025-2028

The White House launched the Trump Accounts initiative in April 2026, providing $1,000 to every child born between 2025 and 2028 in a long-term savings account. Parents manage the accounts until the child turns 18, when funds can be used for higher education, home purchases, or starting a business.

049

Finance & WealthCNBC Personal Finance

Gas Prices Hit $3.98 Per Gallon as Middle East Conflict Disrupts Oil Supply

The national average for regular gasoline reached $3.98 per gallon on March 24, 2026, up nearly 35% from $2.95 a month earlier. The spike is tied to rising crude oil prices caused by conflict in the Middle East and disruptions to tanker traffic through the Strait of Hormuz.

042

Finance & WealthYahoo Finance

Markets Surge as US-Iran Ceasefire Brings Relief to Investors and Eases Oil Price Pressure

U.S. Stocks surged and oil prices plummeted after Iran announced it was working with Oman on a Strait of Hormuz traffic protocol, and a fragile US-Iran ceasefire brought relief to financial markets. The development offers hope for easing gas prices and mortgage rate pressures that have weighed on household budgets in recent weeks.

043

Finance & WealthKiplinger

Financial Literacy Month 2026: How to Build Wealth and Secure Your Financial Future

April is Financial Literacy Month, officially designated by the U.S. Senate to raise awareness about smart money management. In 2026, with rising gas prices, mortgage rate uncertainty, and student loan changes, building financial literacy has never been more important for Americans seeking to protect and grow their wealth.

042

Finance & WealthExperian

April 2026 Personal Finance Update: Tax Deadline, Student Loans, Gas Prices, and Mortgage Rates

April 2026 brings a convergence of major personal finance developments: the federal tax deadline on April 15, the Treasury Department taking over defaulted student loans, gas prices surging nearly 35 percent due to Middle East conflict, and mortgage rates rising again. Here is what consumers need to know to protect their financial well-being.

041

Finance & WealthMichigan Governor's Office

Financial Literacy Month 2026: Michigan Governor Signs Bipartisan Education Legislation

Michigan Governor Gretchen Whitmer proclaimed April 2026 as Financial Literacy Month and signed bipartisan legislation requiring a personal finance class in Michigan's high school curriculum. Research shows students who receive personal finance education in high school are more likely to have higher credit scores, fewer credit card delinquencies, and less debt. The initiative is part of a nationwide push to integrate financial literacy into education, with 30 states now mandating such instruction.

039

Finance & WealthExperian

April 2026 Personal Finance News: Tax Deadline, Student Loans, and Rising Gas Prices

Experian's April 2026 personal finance roundup highlights several key developments affecting American households. The federal tax deadline of April 15 is approaching, while the Treasury Department is taking over management of defaulted federal student loans affecting 9.2 million borrowers. Gas prices have surged nearly 35% in the past month due to Middle East conflict disrupting oil supply, and mortgage rates are on the rise again.

040

Finance & WealthU.S. Securities and Exchange Commission

SEC Highlights Financial Independence During National Financial Literacy Month

The Securities and Exchange Commission's Office of Investor Education and Assistance announced it will highlight financial planning tools and resources throughout April 2026 as part of National Financial Literacy Month. SEC Chairman Paul S. Atkins encouraged individuals and families to reflect on the key role investing can play in achieving financial independence. Key advice includes starting early, living within one's means, and investing consistently in a long-term, diversified plan.

037

Finance & WealthJP Morgan Private Bank

Wealth Building in 2026: AI-Driven Advice and Diversified Portfolios Lead the Way

Wealth management experts are highlighting AI-driven personalized advice, diversified portfolios, and tax-efficient strategies as the top wealth-building approaches for 2026. The federal estate tax exemption is expected to increase to $15 million per individual, creating new planning opportunities. Robo-advisors and tokenized digital assets are also reshaping how Americans of all income levels approach investing.

048

Finance & WealthExperian

Treasury Takes Over $180 Billion in Defaulted Student Loans Amid Rising Gas and Mortgage Costs

The U.S. Treasury Department is assuming control of approximately $180 billion in defaulted federal student loans from 9.2 million borrowers as part of a new partnership with the Department of Education. Meanwhile, Americans are facing rising financial pressures with gas prices up 35% in a month and mortgage rates climbing to 6.22%. Financial experts are urging borrowers to understand their options before collections resume.

041

Finance & WealthThe White House

April Is Financial Literacy Month: White House Highlights Trump Accounts and Money Education

The White House has issued a presidential message recognizing April 2026 as National Financial Literacy Month, highlighting the administration's 'Trump Accounts' initiative that provides $1,000 to every child born between 2025 and 2028. The Treasury Department is expanding access to free financial education resources, and the Financial Literacy and Education Commission is updating the U.S. National Strategy for Financial Literacy.

043

Finance & WealthCoeur d'Alene Press

ABC News Anchor Alison Kosik to Keynote North Idaho Women and Their Money Conference in June 2026

ABC News anchor and certified financial education instructor Alison Kosik will keynote the North Idaho Women and Their Money Conference on June 9, 2026. The event aims to empower women to achieve financial clarity and independence through education, community, and practical money management strategies.

043

Finance & WealthABA Banking Journal

April Is Financial Literacy Month: ABA Foundation Offers Recommendations to Update National Strategy

The American Bankers Association Foundation has submitted recommendations to the U.S. Treasury Department for updating the national financial literacy strategy, emphasizing public-private partnerships, youth investment accounts, and fraud prevention as core pillars of financial education in 2026.

049

Finance & WealthNPR / Experian

Student Loan Crisis Deepens: Treasury Takes Over $180 Billion in Defaulted Loans as 7 Million Borrowers Face Payment Increases

The U.S. Treasury Department is taking over collection of $180 billion in defaulted federal student loans from 9.2 million borrowers, while 7 million additional borrowers face imminent payment increases. The $1.7 trillion federal student loan portfolio transition marks the largest restructuring of student debt management in U.S. History.

047

Finance & WealthOffice of Governor Newsom

Governor Newsom Expands Financial Literacy in California Schools and Wealth-Building Access for Women

California Governor Gavin Newsom signed legislation in March 2026 expanding financial literacy education in schools and creating new wealth-building pathways for women. The initiative includes mandatory personal finance courses in high schools, expanded access to small business loans for women entrepreneurs, and new state-backed investment accounts for low-income families.

043

Finance & WealthExperian / Jump$tart Coalition

April Is Financial Literacy Month 2026: Senate Designates Month for Smart Money Education as Tax Deadline Looms

The U.S. Senate has officially designated April 2026 as Financial Literacy Month, with Regions Bank, Jump$tart Coalition, and other organizations launching new resources for Americans. The designation coincides with the April 15 federal tax deadline, rising mortgage rates now at 6.22%, and the Treasury Department''s takeover of $180 billion in defaulted student loans.

053

Finance & WealthBusiness Insider / SSGA

Wealth Building in 2026: Maximize 401(k) Contributions, Diversify Into Alternative Assets, and use AI Advisors

Financial experts are recommending a multi-pronged approach to wealth building in 2026, including maximizing 401(k) contributions (now at $24,500), diversifying into alternative investments like real estate and private equity, and using AI-augmented financial advisors. Tax-loss harvesting, Roth conversions, and strategic estate planning are also highlighted as key tools. A self-made millionaire advises focusing on increasing income, consistent investing, and financial education as the three pillars of wealth creation.

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Finance & WealthExperian / Forbes Personal Finance

Rising Mortgage Rates, Gas Prices, and Student Loan Changes: Key Personal Finance Developments in April 2026

April 2026 brings significant personal finance challenges, with mortgage rates reaching 6.22%, gas prices surging nearly 35% to $3.98 per gallon due to Middle East tensions, and the Treasury Department taking over management of $1.7 trillion in federal student loans. The federal tax deadline is April 15, and the IRS is warning of new tax scams related to the 'One Big Beautiful Bill Act.' Economists suggest March nonfarm payrolls exceeding expectations will support consumer loan demand.

041

Finance & WealthU.S. Treasury / SEC

April 2026 Declared Financial Literacy Month: Treasury and SEC Launch Major Education Initiatives

The U.S. Senate has officially designated April 2026 as Financial Literacy Month, with the Treasury Department and SEC launching major education initiatives to help Americans build wealth and financial security. Treasury Secretary Scott Bessent emphasized that financial literacy 'fuels the American dream,' while the SEC highlighted the power of compound growth and long-term investing. New 'Trump Accounts' for minors are set to launch in July 2026 as a tax-advantaged investment vehicle.

043

Finance & WealthOliver Wyman / The Land Geek

Wealth Building in 2026: AI-Driven Advice, Digital Assets, and Diversification Strategies

Wealth-building strategies for 2026 are being reshaped by AI-driven financial advice, the growth of digital assets, and expanding access to private markets. Experts recommend diversified portfolios combining low-risk liquid investments, income-focused options, and high-growth strategies including S&P 500 index funds and Bitcoin ETFs. Tax-efficient strategies using 401(k)s, IRAs, and HSAs remain foundational, while real estate continues to offer stable long-term appreciation.

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Finance & WealthExperian / Yahoo Finance

Personal Finance Update: Tax Deadline, Student Loans, and Rising Gas Prices in April 2026

April 2026 brings several critical personal finance developments: the federal tax deadline of April 15 for 2025 returns, the Treasury Department taking over management of $180 billion in defaulted student loans, and gas prices surging to nearly $4 per gallon due to Middle East conflict disruptions. High-yield savings accounts continue to offer competitive rates of up to 4% APY, while the job market shows mixed signals with 178,000 jobs added in March.

048

Finance & WealthSEC.gov

April Is Financial Literacy Month: SEC and Treasury Highlight Tools for Financial Independence

The Securities and Exchange Commission and the U.S. Department of the Treasury are leading Financial Literacy Month 2026 initiatives, emphasizing tools and resources to help Americans achieve financial independence. SEC Chairman Paul S. Atkins encouraged individuals to reflect on the role investing can play in achieving financial independence, while Treasury Secretary Scott Bessent highlighted financial literacy as the fuel for the American Dream. Key topics include long-term investing, tax-advantaged accounts, compound growth, and fraud prevention.

043

Finance & WealthJ.P. Morgan Private Bank

J.P. Morgan Private Bank Shares 10 Key Wealth Planning Moves for 2026

J.P. Morgan Private Bank has released its annual guide to wealth planning, outlining 10 essential moves for high-net-worth individuals to protect and grow their wealth in 2026. The guide emphasizes portfolio resilience, tax efficiency, estate planning, and cybersecurity as top priorities in an uncertain economic environment. Experts also highlight the importance of charitable giving strategies and family financial conversations.

055

Finance & WealthU.S. Treasury Department

April Is Financial Literacy Month: Treasury and SEC Highlight Resources for Americans

The U.S. Treasury Department and the Securities and Exchange Commission are marking Financial Literacy Month in April 2026 with a range of initiatives, events, and resources designed to help Americans make informed financial decisions. Treasury Secretary Scott Bessent emphasized that financial literacy is the foundation of the American dream, while the SEC is highlighting tools on Investor.gov to encourage financial independence. The Financial Literacy and Education Commission is also seeking public input on new initiatives, including 'Trump Accounts' for youth investing.

042

Finance & WealthJ.P. Morgan Private Bank

401(k) Contribution Limits Rise to $24,500 in 2026 as Retirement Planning Evolves

The 2026 401(k) contribution limit has increased to $24,500, with enhanced catch-up contributions for older workers, as wealth management experts urge Americans to maximize tax-advantaged retirement savings. AI-driven financial advice and private market access are also reshaping how individuals build long-term wealth.

054

Finance & WealthExperian

Treasury Department Takes Over $180 Billion in Defaulted Federal Student Loans

The U.S. Department of the Treasury is taking over collection of approximately $180 billion in defaulted federal student loans from 9.2 million borrowers, in a major shift from the Department of Education. The transition affects over 42 million federal student loan borrowers and could lead to wage garnishment and seizure of tax refunds.

049

Finance & WealthU.S. Securities and Exchange Commission

April Is Financial Literacy Month: SEC Highlights Path to Financial Independence

The Securities and Exchange Commission is spotlighting financial planning tools and resources during April's National Financial Literacy Month 2026, encouraging Americans to start investing early, live within their means, and build emergency funds. SEC Chairman Paul Atkins emphasized the role of capital markets in achieving financial independence.

045

Finance & WealthBusiness Insider / Johnson Financial Group

Wealth Building in 2026: Smart Strategies for Financial Independence

Financial experts are outlining key wealth-building strategies for 2026, emphasizing diversified investing, maximizing retirement contributions, and using AI-powered financial tools. With 401(k) contribution limits rising to $24,500 and federal estate tax exemptions at $15 million per person, 2026 presents significant opportunities for those who plan strategically.

056

Finance & WealthExperian

Inflation Cools to 2.4 Percent in January 2026, Fueling Federal Reserve Rate Cut Hopes

The Consumer Price Index rose just 2.4 percent year-over-year in January 2026, the slowest pace since May 2025, fueling speculation that the Federal Reserve could resume cutting interest rates as early as June 2026. Core CPI also hit its lowest reading since April 2021, signaling continued progress toward the Fed's 2 percent inflation target.

044

Finance & WealthExperian / Mortgage News Daily

Mortgage Rates Drop Below 6 Percent for First Time Since September 2022

The average rate on a 30-year fixed mortgage fell to 5.99 percent on February 23, 2026, its lowest level since September 2022, driven by bond market improvements, tariff uncertainty, and economic weakness. The decline has triggered a surge in refinance applications, up 132 percent year over year, offering significant relief for homebuyers and homeowners.

055

Finance & WealthThe Motley Fool

Is Bitcoin a Good Investment for Building Wealth?

Bitcoin has favorable properties as a long-term wealth-building investment despite its volatility. With over 95% of the 21 million BTC that will ever exist now in circulation, supply constraints paired with growing demand create a recipe for long-term price appreciation.

050

Finance & WealthU.S. Department of the Treasury

U.S. Treasury Updates National Financial Literacy Strategy for 2026

The Financial Literacy and Education Commission holds public meeting to discuss Trump Accounts implementation and gather feedback for updating the national strategy. Only 38% of Gen Z meet basic financial literacy benchmarks.

051

Finance & WealthCNBC

Average IRS Tax Refund Up 10.9 Percent as Filing Season Progresses

The average IRS tax refund has increased by 10.9% compared to last year, providing welcome financial relief to millions of Americans. However, some filers are experiencing delays due to the IRS paper check phaseout.

054

Finance & WealthCalifornia Governor's Office

California Expands Financial Literacy in Schools and Wealth Building for Women

Governor Newsom announced the adoption of a statewide personal finance curriculum for high school students and signed an executive order to expand women's access to capital, savings, and investment opportunities in California.

046

Finance & WealthFinancial Planning Today

2026 Wealth Building Strategies: AI, Automation, and Smart Investing

Financial experts outline key wealth-building strategies for 2026, emphasizing the role of technology, diversification, and strategic planning in achieving long-term financial success.

056

Finance & WealthCNBC Personal Finance

Social Security Faces Critical Juncture: Experts Propose Solutions

With Social Security benefits potentially facing changes in six years, experts and policymakers are debating solutions, including proposals to cap benefits for the ultrawealthy to extend solvency.

052

Finance & WealthCalifornia Governor's Office

California Expands Financial Literacy Education and Women's Wealth Access

Governor Newsom announces statewide personal finance curriculum for high schools and new initiatives to close the gender wealth gap, marking significant progress in financial education.

044

Finance & WealthCoinLaw

Global Financial Literacy Remains Low Despite Growing Initiatives

Only 33% of adults worldwide are financially literate, with significant gaps across gender, age groups, and income levels, prompting national strategies in over 90 countries.

050

Finance & WealthU.S. Department of Treasury

U.S. Treasury Updates National Strategy for Financial Literacy

The Financial Literacy and Education Commission is updating its national strategy, emphasizing 'Trump Accounts' to provide real-world investing experience for children.

054

Finance & WealthCalifornia Governor's Office

California Expands Financial Literacy in Schools and Wealth-Building for Women

Governor Newsom announces statewide personal finance curriculum for high school students and signs executive order to expand women's access to capital and wealth-building opportunities.

051

Finance & WealthInvestopedia

Financial Literacy Education Becomes Mandatory at Mississippi Universities

The Board of Trustees for Mississippi Institutions of Higher Learning has adopted a policy requiring financial literacy education for all undergraduates, equipping students with practical money management skills.

050

Finance & WealthKiplinger

Five Steps to Building Generational Wealth for Your Family

Financial experts outline key strategies for building wealth that can be passed down to future generations, including smart investing, estate planning, and financial education.

057

Finance & WealthCNBC

BlackRock CEO: Social Security Doesn't Allow Most Americans to Build Wealth

Larry Fink, CEO of BlackRock, argues that Social Security fails to help most Americans build wealth, while Trump accounts may offer a significant wealth-building tool.

055

Finance & WealthOliver Wyman

Strategic Wealth-Building Tips for 2026: AI, Tokenization, and Tax Efficiency

Wealth management in 2026 emphasizes AI-augmented advisory services, tokenization of cash, and strategic tax planning for optimal financial growth.

052

Finance & WealthCalifornia Governor's Office

California Expands Financial Literacy Education and Wealth-Building for Women

Governor Newsom signs executive order to expand women's access to capital and strengthen financial literacy education in California schools.

047

Finance & WealthCNBC

Federal Reserve Holds Interest Rates Steady Amid Iran Conflict Economic Impact

The Fed maintains unchanged interest rates in March 2026 as geopolitical tensions from the Iran conflict influence oil prices and economic outlook.

046

Finance & WealthState of California

Financial Literacy Expands in Schools and for Women

California implements mandatory personal finance courses for high school students and expands women's access to capital and wealth-building opportunities.

053

Finance & WealthCNBC Select

Best Personal Finance Tools to Reach Your 2026 Money Goals

Financial experts recommend high-yield savings accounts, budgeting apps, balance transfer cards, and retirement accounts to help Americans achieve their financial goals in 2026.

055

Finance & WealthOffice of Governor Gavin Newsom

Governor Newsom Expands Financial Literacy in Schools and Wealth-Building Access for Women

California announces a statewide personal finance curriculum for high school students and signs an executive order to expand women's access to capital and wealth-building opportunities.

044

Finance & WealthGovernor of California

California Expands Financial Literacy in Schools and Wealth-Building Access for Women

Governor Newsom announced adoption of a statewide personal finance curriculum for high schools and signed an executive order to expand women access to capital.

053

Finance & WealthExperian

Mortgage Rates Drop Below 6% for First Time Since 2022, Spurring Refinance Boom

The average rate for a 30-year fixed mortgage dropped to 5.99% in February 2026, leading to a 132% year-over-year surge in refinance applications.

052

Finance & WealthInvestopedia

Retirement Account Balances Surge in 2025, But Hardship Withdrawals Also Rise

While retirement account balances reached record highs in 2025, hardship withdrawals also increased, highlighting financial pressures on American workers.

057

Finance & WealthInvestopedia

High-Yield Savings Rates Reach 5.00% as Fed Holds Rates Steady

High-yield savings accounts are offering rates up to 5.00% as the Federal Reserve maintains its current interest rate policy.

059

Finance & WealthCNBC

Average IRS Tax Refund Increases 10.6% According to Recent Filing Data

The average IRS tax refund has shown a significant increase of 10.6% according to recent filing data, providing welcome news for taxpayers.

057

Finance & WealthYahoo Finance

Mortgage Rates Drop Below 6% Then Rise Again Amid Middle East Tensions

The average rate on a 30-year fixed mortgage fell to 5.99% in late February 2026, its lowest level since September 2022, but later rose back above 6% in mid-March due to concerns about the Middle East conflict.

052

Finance & WealthCalifornia DFPI

Five Steps to Building Generational Wealth

Generational wealth is financial wealth and assets that can be passed down from one generation to the next. Follow these five steps to get started on your generational wealth building journey: pay off debts, buy a house, start long-term investing, put an estate plan in place, and share your financial wisdom.

052

Finance & WealthExperian

New Inflation Numbers Boost Support for Another Interest Rate Cut

The Consumer Price Index rose 2.4% year-over-year in January 2026, down from 2.7% in December, marking the slowest pace of inflation since May 2025 and boosting speculation that the Fed could resume cutting rates as early as June 2026.

048

Finance & WealthFidelity

AI-Powered Side Hustles Transform Personal Finance in 2026

Artificial intelligence tools are making it easier than ever to start and manage side hustles, with automated features for invoicing, marketing, and bookkeeping helping individuals diversify income streams.

049

Finance & WealthExperian

Mortgage Rates Fall to Lowest Level Since September 2022

The average 30-year fixed mortgage rate dropped to 5.99% in February 2026, spurring refinance applications while home buyers remain cautious due to high prices and limited inventory.

045

Finance & WealthFisher Investments

2026 Retirement Account Limits Increase: What You Need to Know

401(k) contribution limits rise to $24,500 for 2026, with new Roth catch-up rules for high earners and increased IRA limits offering more opportunities to save for retirement.

047

Finance & WealthCNBC

More Women Pursuing Skilled Trades as Career Path

An increasing number of women are entering skilled trades professions, breaking traditional gender barriers and finding rewarding careers in fields like plumbing, electrical work, and carpentry.

044

Finance & WealthCNBC

Average IRS Tax Refund Increases by 10.6 Percent According to Filing Data

Recent IRS filing data shows that the average tax refund has increased by 10.6 percent, providing welcome financial relief to millions of American taxpayers during the 2026 tax season.

052

Finance & WealthCNBC

Older Women Set to Inherit Most of $54 Trillion Spousal Wealth Transfer

A new analysis reveals that older women are projected to inherit a significant portion of a $54 trillion spousal great wealth transfer as baby boomers age, creating rare financial opportunities and challenges.

055

Finance & WealthExperian

Federal Reserve Holds Rates Steady as Inflation Cools

The Federal Reserve held its benchmark rate steady at 3.5% to 3.75% in January 2026. Cooler-than-expected inflation data renewed speculation of rate cuts as early as June 2026.

055

Finance & WealthFidelity Investments

AI Transforms Personal Finance Management in 2026

Artificial intelligence is increasingly integrated into personal finance tools in 2026. Conversational AI, embedded finance, and biometric security are becoming standard features.

047

Finance & WealthFisher Investments

Retirement Account Contribution Limits Increase for 2026

The annual contribution limit for 401(k), 403(b), and similar retirement plans increases to $24,500 in 2026. IRA contribution limits rise to $7,500. New provisions for catch-up contributions also take effect.

054

Finance & WealthThe Land Geek

Wealth Building Strategies for 2026: Navigating AI, Real Estate, and Market Volatility

As we move into 2026, wealth building continues to evolve with technological advancements, economic shifts, and changing consumer behaviors. Strategic planning and diversification remain essential for effective wealth accumulation.

047

Finance & WealthCNBC

Average IRS Tax Refund Up 10.6% as Filing Season Progresses

Early IRS filing data shows the average tax refund has increased by 10.6%, though changes to IRS paper checks have led to delays for over 830,000 filers. Experts advise early filing and careful review this tax season.

053

Finance & WealthStanford SIEPR

Simple Storytelling Boosts Financial Literacy, Stanford Study Finds

Research by Stanford demonstrates that simple, two-minute online stories can significantly improve adults financial knowledge, offering an inexpensive and scalable solution.

043

Finance & WealthFidelity

4 Money Trends to Watch in 2026: AI, Interest Rates, and Tax Changes

Financial experts identify four key trends shaping personal finance in 2026, including AI integration in financial tools, potential interest rate declines, the growth of side hustles, and new tax regulations.

053

Finance & WealthNEA

Only 27 U.S. States require schools to offer a personal finance course.

Despite the growing recognition of the importance of financial literacy, only 27 states mandate a personal finance course.

0628

Finance & WealthHouse.gov

The Financial Literacy and Wealth Creation Caucus introduces resolution.

The bipartisan caucus is actively promoting financial education by introducing a resolution.

0290

Finance & WealthWorld Economic Forum

A large-scale school-based financial education program in Peru has shown significant improvements.

A full financial education program implemented in Peruvian high schools has demonstrated remarkable success.

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