Money

The average 65-year-old couple retiring this year can expect to spend an average of $315,000 in health care and other related medical expenses during their retirement, according to Fidelity.

Americans are continuing to borrow more money even as interest rates rise. Mortgages and student loan debt pushed debt balances higher in the first quarter of 2022.

The announcement comes as 4.5 million Americans, or about 3% of the workforce, quit their jobs in March.

The push to lower taxes comes as consumers grapple with the highest inflation in nearly 40 years.

Kylie Jenner launched her makeup line, Kylie Cosmetics in 2015, where the majority of her $700 million of net worth has come from.

The owner of an oil pipeline that spewed thousands of barrels of crude oil onto Southern California beaches in 2015 has agreed to pay $230 million to settle a class-action lawsuit brought by fishermen and property owners, court documents show.

The procurement timeline for some vehicles can run for years, meaning the military will have to fulfill all current contracts despite the rising costs.

If you’re about to become a homeowner, here’s how to buy a homeowners insurance policy that meets your needs and protects your home.

An emergency fund allows you to pay for unexpected expenses, like providing a cushion if you lose your job or face sudden financial obligations. Without savings, you may have to use credit cards.

Rising inflation is eating away at strong wage gains that American workers have seen in recent months. Real average hourly earnings decreased 0.1% in April from the previous month as the inflation increase eroded the 0.3% total wage gain, according to the Labor Department.

Commerce Secretary Gina Raimondo is overseeing the distribution under the Department of Commerce’s National Telecommunications and Information Administration.

Homeowners insurance can help cover the cost of repairing your home if it’s damaged. Learn more about homeowners insurance basics.