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cnbc.com

Tuesday, Jul 2

21

Is holding too much cash a mistake? Here's why that may lead to regrets, experts say

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Record returns on cash may distract investors from higher potential gains in stocks, experts say. Here's how to strike a balance.

Individual retirement account balances are growing — why that can be a 'tax nightmare,' advisor says

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Bigger individual retirement account balances can cause tax issues for retirees or their children who inherit the assets, experts say. Here's what to know.

20

Trump may roll back student loan forgiveness programs if elected to second term

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If elected again, Trump could make deep cuts to financial aid programs for students. He has even called for shuttering the U.S. Department of Education.

17

FAFSA issues force hard choices: 44% of students said college decisions came down to $5,000 in aid

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Problems with the new FAFSA affected college enrollment decisions for the fall.

16

What Taylor Swift's The Eras Tour says about 'passion tourism'

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Traveling abroad for a Taylor Swift concert is perhaps the most prominent example of taking a trip motivated by personal interest, hobby or a cultural event.

Op-ed: California’s personal finance education requirement is a commitment to future generations

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California Gov. Gavin Newsom recently signed a bill requiring high school students take a one-semester personal finance course as a condition for graduation.

Monday, Jul 1

22

'NEETS' and 'new unemployables' — why some young adults aren’t working

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Although the overall unemployment rate is just 4%, there is a growing share of young adults not working — by choice or by force.

What the new IRS guidance on crypto tax reporting means for investors

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The U.S. Department of the Treasury and IRS on Friday released final tax reporting rules for digital asset brokers. Here's what crypto investors need to know.

17

Is the U.S. stock market too ‘concentrated’? Here’s what to know

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Just about a handful of large U.S. companies account for a third of the S&P 500 stock index. Some experts fear investors are at risk.

16

Biden student loan repayment plan to resume amid legal challenges, federal appeals court rules

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A federal appeals court will allow a key part of Biden's student loan repayment plan to resume as the legal challenges against it unfold.

Sunday, Jun 30

How long you may live is one of retirement planning's biggest unknowns. How experts say to get the best estimate

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Effective retirement planning largely depends on the answer to one question: How long will I live? Yet no one truly knows the answer.

Saturday, Jun 29

Here's what a Supreme Court ruling could mean for Biden's 'billionaire tax'

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Here's what a recent Supreme Court ruling could mean for wealth tax proposals from President Joe Biden and other lawmakers.

13

36% of Americans plan to take on debt for summer travel. Here's why that worries financial experts

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More than one-third of summer vacationers say they are willing to take on debt to pay for travel, according to a Bankrate report.

Friday, Jun 28

00

Student loan payments go on pause for millions of borrowers

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The Biden administration will place about 3 million student loan borrowers enrolled in its new SAVE repayment plan in forbearance while it defends the program in court.

20

Marketplace health insurance may get more expensive — unless Congress extends this tax break

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The premium tax credit, which makes marketplace health insurance premiums more affordable, could become less generous after 2025. Here's what to know.

Biden, Trump accuse each other of ruining Social Security, Medicare in first presidential debate

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Social Security and Medicare are on the ballot in November. Here's what President Joe Biden and former President Donald Trump said Thursday about the programs.

18

Inflation isn’t stopping people from dining out, but consumers are getting savvy with spending

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Even though inflation has slowed significantly, consumers still feeling the financial squeeze are opting for takeout, value meals and happy hour deals.

Thursday, Jun 27

21

Here's why your July 4th barbecue may be pricier this year

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Prices for beef and lemonade are up significantly, while those for chicken breast and potato salad are down, according to a Farm Bureau analysis.

19

Selling a home is expensive, too: Homeowners typically spend nearly $55,000, report finds

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While buying and maintaining a house can be expensive, it's also costly to sell it, according to a new report. Here's where the money is mostly spent.

17

Trump and Biden's first presidential debate: Here's what to expect on taxes

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President Joe Biden and former President Donald Trump will face off Thursday in the first presidential debate. Here's what to expect for tax policy.

Wednesday, Jun 26

21

Here's where U.S. rents are rising — and falling — the fastest

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Asking rents for one- and two-bedroom apartments are up more than 10% in some large U.S. cities since June 2023, according to Zumper.

20

IRS watchdog pushes for transparency on pandemic-era small business tax credit backlog

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Due to a backlog of 1.4 million unprocessed employee retention credit claims, the national taxpayer advocate is urging the IRS to expedite legitimate filings.

Biden's new student loan relief plan is on pause. Here's what borrowers need to know

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Student loan borrowers are disappointed and confused after Biden's relief plan is halted. they can stay enrolled in the SAVE plan for now.

19

55-year-old Americans are 'critically underprepared' for retirement, survey finds

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A survey finds people age 55 are 'critically unprepared' in retirement savings. Gen Xers who expect support in retirement haven’t told the kids yet.

17

The 'funflation' effect: Why Americans are spending so much on travel and entertainment this summer

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Admission prices for sporting events, movies, theaters and concerts are up year over year.

Tuesday, Jun 25

22

Retirement 'super savers' tend to have the biggest 401(k) balances. Here's what they do differently

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Even as a retirement savings crisis looms, some investors are working to rack up large balances.

20

Great savers could face a 'tax time bomb' in retirement, advisor says — here's how to avoid it

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If you have a large pretax 401(k) or individual retirement account balance, you could face a future 'tax time bomb,' advisor says. Here's how to avoid it.

19

Nearly 1 in 5 student loan borrowers keep their balance a secret from their partner

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Nearly 1 in 5 student loan borrowers in the U.S. — or 19% — say they are hiding their debt balance from their partner, according to a recent report.

17

The typical new home in the U.S. is shrinking. Here's what that means for buyers

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The size of typical new homes in the U.S. has been declining for years, according to industry research. Here's how downsizing can help affordability.

16

Concerns about inflation peak as Americans struggle to shake off a 'vibecession'

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Concerns about inflation and interest rates are up despite positive economic data, according to a recent study.