KEY TAKEAWAYS The average adult American spends $2,279 on dates every year, with each date costing an estimated $168. The price of eating out has increased by almost 30% since the COVID-19 pandemic, and many have avoided or adjusted dates for financial reasons. Almost half of Americans believe their net worth affects their dating prospects
KEY TAKEAWAYS Insurance prices around the world have skyrocketed as climate change worsens the damage caused by natural disasters, and rebuilding after a disaster becomes more expensive. Climate change has worsened Australia’s bushfire and typhoon problems. The country has provided its citizens with grants for rebuilding and improving their homes, making them less likely to
KEY TAKEAWAYS Insurance prices around the world have skyrocketed as climate change worsens the damage caused by natural disasters, and rebuilding after a disaster becomes more expensive. Climate change has worsened Australia’s bushfire and typhoon problems. The country has provided its citizens with grants for rebuilding and improving their homes, making them less likely to
KEY TAKEAWAYS Linda McMahon, President Donald Trump’s nominee to head the Department of Education, said she would implement Public Service Loan Forgiveness Programs (PSLF) if Congress passed them. She also indicated she would encourage the expansion of the Pell Grant program to students seeking a short-term certificate program. Student loan repayment plans were not mentioned
KEY TAKEAWAYS Interest rates are expected to be held at higher-than-usual levels this year, making high-yield savings accounts more fruitful—and potentially increasing the amount of taxes due next year. Opening a Certificate of Deposit in tax-advantaged accounts like an IRA or 401(k) can defer or even exempt taxes from interest earned. Some bonds and investments
KEY TAKEAWAYS President Trump’s Department of Education rescinded a Biden-era memo that said Name, Image, and Likeness payments must be given in proportion to the number of male and female student-athletes at a given school. The Biden-administration memo said NIL payments are financial assistance and must align with Title IX policies. If approved by a
KEY TAKEAWAYS Motor vehicle insurance increased by more than 2% in January and is more than double what it cost before the COVID-19 pandemic. Most American drivers say these prices are unaffordable, and many are going without insurance or reducing their coverage. One analyst said price increases should slow in 2025 as insurers look to
KEY TAKEAWAYS Since his inauguration, President Donald Trump has implemented several economic policies that have been challenged, rescinded or delayed within hours of being announced. Notably, Trump is still threatening 25% tariffs on Mexico and Canada and levied 10% tariffs on all Chinese imports. Economists said this could increase the cost of living for Americans.
KEY TAKEAWAYS The Internal Revenue has started accepting individual 2024 tax returns. Most refunds will be issued less than three weeks after a return is filed. Taxpayers can track their refund status using the IRS’s online tool or app a day after filing their return. The tracking tool will tell taxpayers when the IRS has
KEY TAKEAWAYS President Donald Trump imposed 10% tariffs on Chinese exports Tuesday and a 25% tariff looms over Mexico and Canada in one month. These tariffs could cause a trade war, which would inflate costs for U.S. consumers because companies would compensate for higher import costs. The trade war could also worsen unemployment rates, which