Oil prices have surged more than 40% since the start of the Iran conflict, rattling global energy markets and raising concerns that U.S. drivers could…
Annuities are a common financial product used in retirement planning, but their compensation structure isn’t always easy to understand. Many investors are familiar with the basic concept of exchanging a lump sum for a stream…
Illustration by Hunter Newton/Bankrate Ayesha Garnett is defying the housing market’s grim math. A housekeeper in Philadelphia, Garnett says she doesn’t make much, but she’s smart with what she’s got. “I’m a saver,” she says. “[My salary] takes care of me and what I need to get done.” But there was…
Tax season is in full force as the deadline to file or request an extension is less than three weeks away, and some Americans who have already filed their returns are waiting to receive a refund from the IRS. Nearly 70 million taxpayers filed their returns as of March 13 and…
The impact of the Iran war on global oil prices could push the rate of inflation facing U.S. consumers higher, which would leave Federal Reserve policymakers in a difficult spot as they weigh possible interest rate cuts. An analysis by economists at Goldman Sachs projected that Brent crude oil prices, a common…
BlackRock CEO Larry Fink warned in his annual chairman’s letter that wealth inequality could worsen if more people don’t participate in financial markets to reap the benefits of investing. Fink said that the vast majority of wealth has flowed to people who own assets, as opposed to those who earned…
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United Airlines is slashing flights as soaring fuel prices tied to the Iran war hit U.S. carriers, becoming the first major U.S. airline to announce a cut to capacity after weeks of industry warnings. United…
