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Why US Inflation Is So High, and When It May Ease
Consumer prices have risen by a shocking 8.5% over the past year, a rate of increase not seen in 40 years. A look at what’s causing inflation in 2022 and how long it’s expected to last.
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Some Lawmakers Want to Ease the Pain of High Gas Prices With Direct Payments to Americans
As the Russia-Ukraine conflict has pushed gas prices higher, some politicians want to give Americans direct payments to help weather the storm.
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Consumers Felt the Pinch at the Pump With Rising Gas Prices in February. Here's Who Was Affected the Most
Rising gas, rental and grocery costs have had the biggest effect on households with $50,000 or less in annual income, according to a new report.
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Two States Are Temporarily Suspending Their Gas Taxes and Others Could Follow. But Don't Expect Big Savings
As two states put temporary gas tax holidays in place, savings may be limited. Plus, it won’t help price pressures from inflation and Russia-Ukraine conflict.
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A Record Number of Weddings Are Expected This Year. How to Save If You're Planning a Trip Down the Aisle
The most weddings since 1984 are expected to take place this year. If you’re getting married, there are ways you can trim higher costs.
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Washington Lawmakers Are Considering a Gas Tax Holiday. Don't Expect That to Make a Big Dent in What You're Paying at the Pump.
Record high gas prices are stretching consumers. Yet experts say temporarily doing away with the federal gas tax won’t do much.
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Why U.S. Bridges Are in Such Bad Shape
More than a third of bridges need repairs, and over 43,000 are “structurally deficient,” says the American Road & Transportation Builders Association.
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How Americans Can Cut Costs and Save Amid the Pain of Record Inflation
Higher prices are not going away any time soon. However, experts say there are steps you can take to protect your money.
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High Inflation Points to Bigger Social Security Cost-Of-Living Adjustment for 2023
Record high inflation could mean an even bigger boost for Social Security beneficiaries next year, according to one early estimate.
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Have a Case of Buyer's Remorse? Why High Inflation May Be to Blame
Research finds the more financially constrained you feel, the less happy you’ll likely be with what you buy.
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U.S. Is the Ultimate Safe Haven for Your Money During Russia's War on Ukraine, Blackstone's Joe Zidle Says
Blackstone’s Joseph Zidle believes the U.S. is well insulated from the Russia-Ukraine war fallout because it’s “an island of growth.”
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What's Behind the Congestion at U.S. Ports
Shipping is a key component of U.S. trade but America has some of the least efficient ports in the world, according to a World Bank and IHS Markit study.
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How to Rethink Your Budget to Combat Rising Inflation
As inflation continues to run hot, you may need to rethink your budget. Here are some tips.
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Inflation and High Gas Prices Are Contributing to ‘a Lot of Financial Anxiety,' Survey Finds
Many Americans are worried about rising prices and paying bills, a survey from eMoney Advisor finds. The results show over a third are not investing at all.
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Brits Brace for ‘Perfect Storm' of Tax Rises, Spiraling Inflation and an Energy Crisis
British households are facing the worst cost of living crisis for decades, as inflation, declining wages and an energy crisis eat into household incomes.
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You May Not Have to Pay the IRS Back If You Got Too Much in Child Tax Credit Payments
The IRS has protections in place that mean some families who received too much through the child tax credit won’t have to repay the money.
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Here's the Financial Assistance That Could Make the Cut in Biden's Smaller Build Back Better
As the U.S. economy has rebounded, more aid to Americans will likely be scaled down. Here’s what proposals could still get passed by Congress.
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How to Get Back on Track After Blowing Your Budget
Everyone with a budget has months when they spend too much. Here’s how to get back on track.
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As Omicron Spreads, Here's Why Advisors Say It's More Important Than Ever to Overhaul Your Financial Plans
The fast-spreading omicron variant has added new complexity to the outlook for 2022. But you can still set yourself up to achieve big financial goals.
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Do You Think You Have a Spending Problem? How to Spot One and Fix It
Worried that you’re overspending? Here’s how to identify a spending problem and fix it, according to financial experts.