Social Security privatization refers to a proposal that would switch the current U.S. Social Security system to one that allows individuals to invest a portion of their payroll taxes in private investment accounts. While the subject produces a lot of excitement, here’s what experts say could go wrong. Image source: Getty Images. Individual investors would […]

If you’re having trouble repaying your student loans, you may be able to get some relief by entering into forbearance, meaning your monthly payments will be paused or temporarily reduced. However, even though you may pay less in the short term, there can be hidden costs—such as accruing more interest—that may affect your long-term financial

College is one of the largest expenses many families will ever face. Depending on the school, the average cost of college ranges from $11,610 for in-state public tuition to $43,350 for private institutions. As such, a good way to ensure your child’s college fund is on track is to devise a savings schedule, wherein annual

Key Takeaways Coinbase shares soared after the Senate passed the GENIUS Act, a bipartisan bill that regulates and promotes the use of stablecoins. After bottoming out in early April, Coinbase shares trended higher before consolidating within a flag, a chart pattern that indicates a continuation of the stock’s uptrend. Investors should watch crucial overhead areas

Lots of investors are wondering how they can tap into the growth of artificial intelligence (AI), and one company many are likely considering right now is BigBear.ai (BBAI -2.35%). The company’s core service is AI data analytics, which has become important as companies look for better ways to sift through data and make decisions. The

Nearly 30% of Americans who plan to travel this summer admit they’ll take on debt to do so, according to a Bankrate survey, which also found that most Americans who are not traveling say they can’t afford it. But summer vacation doesn’t have to sink your credit score. Smart budgeting and savvy travel can keep

Key Takeaways Federal Reserve Chair Jerome Powell spent much of a press conference Wednesday afternoon explaining why the Fed hasn’t cut interest rates despite cool inflation in recent months. Fed critics, including President Donald Trump, have said it’s past time for the central bank to lower borrowing costs and boost the economy. Powell said uncertainty

A lot of people hate the changes coming to the Chase Sapphire Reserve®, and I get where they’re coming from. But for me, the added value from new credits makes it worth it more than ever. While I don’t have the card, I’m seriously thinking about getting it now. The card, long hailed as one

The Federal Reserve officials stuck to their interest rate expectations this week, but shifted their economic outlook in their latest economic projections. The Federal Reserve Open Markets Committee’s economic projections showed that the central bank is likely to cut interest rates two more times, or half a percentage point, throughout the rest of the year.

Stanley Druckenmiller has shown he’s a firm believer in the future of artificial intelligence (AI), as he’s invested in several companies leading in this industry. Certain AI companies remain in his portfolio — like Amazon — but he’s recently exited others. He sold two of 2024’s biggest AI winners, Nvidia (NVDA 0.87%) and Palantir Technologies.