Personal Finance

Exclusive news, analysis, and commentary on developments that can affect your own financial and tax planning.

Personal Finance

Home Economics: Homeownership is still the American Dream. But Should it Be?

Photo by Thirdman via Pexels

Buying a home is expensive. And so is owning one. In the era of high mortgage rates and soaring expenses, is homeownership still worth it?

4 min read
Personal Finance

US Home Insurers Hit with Worst Underwriting Loss of the Century

Photo by John Middelkoop via Unsplash

The US homeowners insurance segment took a $15.2 billion net underwriting loss last year, the worst loss this century.

1 min read
Personal Finance

Millionaires are Fleeing the UK in Droves in Favor of Tax Havens like the UAE

(Photo by Christopher Bill on Unsplash)

Across the globe, a record 128,000 millionaires are expected to relocate this year, according to a new report.

2 min read
Patent Drop

PayPal “Fairness-Aware” Model Patent Highlights Bias Issues in Financial AI

Photo via U.S. Patent and Trademark Office

The filing highlights the importance of eliminating bias in AI-powered financial platforms.

2 min read
Personal Finance

Best Buy and Amazon Are Among Most Impersonated Companies by Scammers

Photo by Jenny Ueberberg via Unsplash

Impersonation frauds were the most common scams reported to the FTC in 2023, accounting for $2.7 billion in losses.

1 min read
Personal Finance

More Working People Feel Good About Their Finances

Photo by Amy Hirschi via Unsplash

The percentage of US employees who think their financial well-being is good or excellent rose to 47%, up from 42% a year ago.

1 min read
FA Upside

Older, Wealthy Americans Are Delaying Rate Cuts With Their Big Spending

Photo by Matt Bennett via Unsplash

Spending by older affluent Americans is helping grow the economy. But it’s also contributing to a delay in the Federal Reserve cutting rates.

1 min read
Personal Finance

The Small Business Bankruptcy Surge is a Race Against the Clock

Photo by Melinda Gimpel via Unsplash

A special $7.5 million debt threshold for filing is due to expire in June, when it will revert to the previous $2.7 million limit.

2 min read