Personal Finance

Capgemini’s 2025 World Wealth Report shows a 2.6 percent rise in millionaires, led by the United States, while Europe and Latin America lose ground.

Gen Z is the most likely to buy older homes needing renovation and struggles the most with the financial burdens of maintaining them.

Don’t delay. It can be extremely hard to make up for lost time.

Agency assistance to taxpayers rose 3.2 percent in fiscal 2024 from the previous year, the IRS said.

Rather than chasing outdated retirement goals, develop a plan that fits your values, working style, and long-term goals.

It’s the first round of aid under the county’s medical debt relief program approved last year.

Depending on where the house is located, carriers not only have increased insurance rates but some companies are refusing to insure them.

For many high-net-worth individuals, owning a home is not an appealing financial move right now.

Social Security will start paying early retirement benefits when you’re 62, but Medicare doesn’t kick in until you’re 65.

Timing the market doesn’t pay off. It usually ends with selling low and buying high.

A 2023 study by AMG National found that 90 percent of inherited wealth disappears by the third generation.

Even if things do get worse and we cross into recession territory, there are ways to safeguard your finances.

A generation-skipping trust allows the transfer of assets to grandchildren or great-grandchildren and shields them from taxes.

The beauty of the Rule of 72 is that it can be calculated by the average 10-year-old.

There are ways you can defend your portfolio from a recession.

The state insurance chief allowed companies to impose surcharges totalling $500 million.

The closure would leave the state’s gas-guzzling motorists with seven refineries, which could lead to higher gasoline prices, an industry expert says.

‘I just can’t wait to get off the streets,’ the Central Coast man said in a video posted on Instagram.

The 10-year treasury yield, which is directly proportional to mortgage rates, has been on the rise since April 4.