Parents tend to splurge on their children during the holidays. This year, 63% of millennials, many of whom now have school-age children of their own, said they plan to spend …
Caiaimage/Paul Bradbury | Caiaimage | Getty Images ‘Tis the season for giving … dupes? Buying a dupe — short for duplicates — rose to the top of this year’s holiday wish …
Approximately 1 in 3 U.S. adults ages 18 to 34 live in their parents’ home, according to U.S. Census Bureau data. The pandemic caused more young adults to return home …
A customer visits Macy’s Herald Square store in New York City during early morning Black Friday sales, Nov. 24, 2023. Kena Betancur | Getty Images Typically, the five days beginning …
Mixetto | E+ | Getty Images The share of Americans with credit-card debt in retirement has jumped considerably — a worrisome financial trend, especially for those with little wiggle room …
A version of this article first appeared in CNBC’s Money 101 newsletter with Sharon Epperson, an eight-week series to improve your financial wellness with monthly updates. Sign up to receive …
The Federal Reserve Building in Washington, D.C. Joshua Roberts | Reuters The Federal Reserve announced Thursday that it will lower its benchmark rate by a quarter point, or 25 basis …
Some consumers have been weighed down by a “vibecession” for a while now — and those feelings might get worse, experts say. A “vibecession” is the disconnect between consumer sentiment …
Mario Tama | Getty Images News | Getty Images Retail therapy is thinly coating voters’ anxieties from the presidential election — and their wallets know it. About 27% of polled …
Courtneyk | E+ | Getty Images First-time homebuyers in the U.S. are getting older. The median first-time homebuyer has reached an all-time high age of 38 years old, three years …