Images by GettyImages; Illustration by Hunter Newton/Bankrate The Federal Reserve doesn’t set mortgage rates outright, but its decisions do play a role in the percentages…
President Donald Trump plans to nominate economist Brett Matsumoto to head the Bureau of Labor Statistics, according to sources familiar with the matter. The choice elevates a career staffer to run the federal government’s leading…
If the IRS notifies you of an audit, and you expected a tax return, you probably have a lot of questions. Will you ever get your tax refund? Does the audit automatically stop it? The answer depends on the IRS’s review and whether the items under audit affect the refund…
Getty Images/Greg Hinsdale You hear a lot these days about tapping home equity – borrowing against the worth of your home – for cash. Home equity loans and home equity lines of credit (HELOC) have become popular ways for homeowners to access their available equity to pay for expenses like…
President Donald Trump on Friday announced that he is nominating Kevin Warsh to succeed Jerome Powell as chairman of the Federal Reserve, ending months of speculation over who he’d pick to head the central bank. “I have known Kevin for a long period of time, and have no doubt that…
Jose Luis Pelaez Inc/Getty Images Key takeaways Short-term loans provide financing with a brief repayment period and often require collateral to obtain. These loans are generally capped at $2,000 and are often used by borrowers who are strapped for cash or who have a low credit score. Loan funds are…
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The IRS is changing how Americans can make catch-up contributions to their workplace retirement accounts, which could have significant implications for retirement planning and budgeting. A new rule took effect at the outset of 2026 that…
