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Finance

Why a Visa-Mastercard legal settlement could lead to your rewards credit card getting declined

By Ken Sweet
Nov 13, 2025 2:24 pm - Visa and Mastercard have proposed a settlement in their long-running legal dispute with merchants over interchange fees. This new settlement, announced Monday, could impact how customers use their credit cards. Merchants may now choose not to accept certain high-reward cards due to higher fees.
IRS Direct File won’t be available next year. Here’s what that means for taxpayers

By FATIMA HUSSEIN
Nov 07, 2025 3:50 pm - IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the Trump administration has confirmed.
From groceries to gas, Americans say they’re spending more under Trump

By Abha Bhattarai and Andrew Ba Tran
Nov 07, 2025 1:00 pm - A majority of Americans say they are spending more on groceries and utilities than they were a year ago, and they blame President Donald Trump for the rising prices, a Washington Post-ABC News-Ipsos poll finds.
Illinois bill ‘decouples’ state, federal taxes, raising revenue and angering businesses

By BEN SZALINSKI
Nov 05, 2025 10:28 am - Illinois lawmakers approved a bill last week to “decouple” some state taxes on businesses from the federal government. The changes allow Illinois to collect more taxes from corporations after the federal domestic policy bill passed this summer reduced taxes for many businesses.
How viral wellness challenge can help your finances, too

By ADRIANA MORGA
Oct 25, 2025 12:56 pm - As the end of 2025 approaches, a viral TikTok trend is helping people achieve their wellness goals: “The Great Lock In" encourages participants to finish the year strong by fully focusing on their life goals. Many people focus on exercise or eating healthier. But the trend can also help you achieve your financial goals.
Entrepreneurs achieve more with the right partner

By Joe Haugh
Oct 25, 2025 12:15 pm - Strong businesses are driven by leaders who understand how to turn success into staying power. Maintaining growth, adapting to change, and preparing for the future requires more than determination. It takes experience, vision, and trusted partnerships that strengthen every decision.
The gilded age of private equity for the masses

By Amy C. Arnott of Morningstar
Oct 25, 2025 12:09 pm - For most people, it’s natural to assume that if something is exclusive to the wealthiest echelons of society, it must be better. But investors should be wary when fund marketers talk about “democratizing investing” or opening access to areas previously only available to the elite.
Trump pardons Binance founder Changpeng Zhao, high-profile cryptocurrency figure

By WILL WEISSERT and ALAN SUDERMAN
Oct 23, 2025 2:06 pm - President Donald Trump has pardoned Binance founder Changpeng Zhao, who created the world’s largest cryptocurrency exchange and served prison time for failing to stop criminals from using the platform to move money connected to child sex abuse, drug trafficking and terrorism.
Beyond 529s: How grandparents can help pay for college

By Brian Safdari
Oct 08, 2025 9:54 am - Today’s baby boomers hold over half of total U.S. household wealth, while their kids hold a much smaller portion, despite being bigger in population, according to a new study by New York University economists.
3 tricky decisions for every retirement plan

Christine Benz of Morningstar
Oct 04, 2025 1:30 pm - Retirement planning is complicated. Here are three tricky decisions that confront people planning for retirement today.

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