Gasoline was priced from $4.29 a gallon at a fuel station in Virginia on Aug. 16, 2023.Anadolu Agency | Anadolu Agency | Getty ImagesInflation jumped in August on the back of higher gasoline prices, according to the consumer price index.But there's good news for Americans: That increase is likely...
The following is an excerpt from "This week, your wallet," an audio program produced by CNBC's Personal Finance team. Listen to the latest episode here.Social Security is the largest federal program in the U.S. The vast majority of older Americans get Social Security benefits, which either partially or even...
Luke Chan | E+ | Getty ImagesAlmost half — 46% — of 401(k) investors don't know what investments are in their workplace retirement plan, according to a new CNBC Your Money Survey, conducted by SurveyMonkey.But that's not necessarily bad news, financial advisors said.That's because most employers that offer a...
When it comes to earning a decent yield on their savings, consumers may wonder: Should I choose a money market fund or a high-yield savings account?The purpose of each is similar. They generally serve as repositories for emergency funds or savings earmarked for the short term, perhaps to buy...
Jaap Arriens/NurPhoto via Getty ImagesHoping to invest in artificial intelligence? Today's "niche" companies and those seen as AI leaders are unlikely to be the biggest winners for long-term investors, said Barry Glassman, a certified financial planner and member of CNBC's Advisor Council."I've been through this enough to see that...
Maki_shmaki | Istock | Getty ImagesConsider this a public service announcement for all treasure hunters: Uncle Sam wants a piece of your loot.Someone who makes a valuable discovery — whether gold coins, meteorites or even cash — generally owes tax on that haul, which is known as "found" property.The...