Personal finance

Digital assets have rallied since the November U.S. election — with bitcoin notching a new high above $107,000 on Monday — and continue to gain ground as President-elect Donald Trump details his pro-cryptocurrency policy plans.  Still, many financial advisors remain wary.  “As traditional long-term planners, we currently do not incorporate crypto in our portfolio allocations,”

US President Joe Biden speaks during an event in Madison, Wisconsin, US, on Monday, April 8, 2024.  Daniel Steinle | Bloomberg | Getty Images With weeks to go before President-elect Donald Trump takes office, the Biden administration is still taking steps to deliver sweeping student loan forgiveness to millions of Americans. The U.S. Department of

Tetra Images | Tetra Images | Getty Images As year-end approaches, there’s still time to slash your 2024 tax bill or boost your refund, financial advisors say.   Typically, you can expect a tax refund when you overpay taxes throughout the year. Alternatively, you get a tax bill when you haven’t paid enough. Most 2024 tax

Pixdeluxe | E+ | Getty Images As the Federal Reserve prepares to lower interest rates once again at the end of its two-day meeting this week, Americans’ assessments of the future are improving. Although a prolonged period of high inflation took a toll on household budgets, consumers are feeling increasingly optimistic about their financial situation, according to a

Cavan Images | Cavan | Getty Images Last month, Congress moved to take rare bipartisan action to change certain Social Security rules. The House of Representatives on Nov. 12 passed the Social Security Fairness Act by an overwhelming 327 to 75 majority. The proposal would eliminate rules that reduce Social Security benefits for those who