Four important points retirees should understand about the updated senior tax deduction

February 1, 2026, 3:55 PM ET This year’s tax filing period might be somewhat easier for certain retirees due to a new senior tax credit established in President Trump’s “Big and Beautiful Bill.” However, it’s essential to clarify what this deduction entails. If you’re considering this deduction for your 2025 taxes, here are four key […]
More people are buying or selling gold. Here’s what to understand about the recent surge and fluctuations in value.

NEW YORK — The rush for gold is at an unprecedented level. Earlier this week, prices surged to a new high, igniting a wave of activity worldwide. People are flocking to sell their gold or to buy into the market for the first time, which is quite intriguing. Consumers are visiting local dealers to trade […]
Trump selects Kevin Warsh for the position of next Fed chair: Important details to understand

Trump Nominates Kevin Warsh as New Federal Reserve Chairman In a recent announcement on Truth Social, President Donald Trump revealed that he will nominate Kevin Warsh to succeed Jerome Powell as the chairman of the Federal Reserve, concluding months of guesses about his choice for the role. “I’ve known Kevin for quite some time, and […]
Dave Ramsey Cautions That One-Third of Americans Will Understand Social Security Through Tough Experiences

One-Third of Americans Face Hard Lessons on Social Security Financial expert Dave Ramsey suggests that many Americans might discover the limitations of Social Security when it’s too late. He warns that relying solely on these benefits is likely insufficient for a comfortable retirement. Instead, he emphasizes the importance of maximizing savings in 401(k) and IRA […]
IRS emphasizes significant shift in tax refunds: Key information to understand

Changes to Tax Refunds This Season Tax season is upon us, and the IRS is alerting Americans to significant updates regarding their tax refunds this year. In March 2025, President Trump issued an executive order aimed at modernizing how payments move to and from American bank accounts. This mandates the IRS and other federal bodies […]
10 Unexpected Facts About Early Retirement You Should Understand

Many individuals spend years dreaming about and preparing for an early retirement. However, even the best-laid plans can face unexpected hurdles. Since early retirement may span up to 40 years, there’s ample time to explore various opportunities for personal growth and financial stability. Keeping that in mind, GOBankingRates consulted several financial experts to uncover some […]
The tax filing season opens today. Anticipate some confusion. Here’s what to understand.

IRS Expects Busy Tax Filing Season The Internal Revenue Service anticipates that millions of U.S. taxpayers will submit their income tax returns by the end of Monday, marking the start of the federal tax filing season. Generally, a significant portion of early filers often receives a refund. It seems reasonable, right? Why should the government […]
Microsoft (MSFT) Shares Are Rising, Key Information to Understand

Microsoft Shares Climb Following Analyst Upgrade Microsoft’s stock saw a 4% increase in afternoon trading, thanks to UBS analysts who reaffirmed a buy rating with a price target set at $600. The analysts highlighted that the ongoing development of significant Fairwater AI data centers in Atlanta, slated to launch in October, and in Wisconsin, expected […]
Palantir Shares Plummet at the Start of 2026. Here’s What Investors Should Understand

Key Highlights Palantir Technologies (NASDAQ:PLTR) has become a favorite among investors during the recent surge in artificial intelligence (AI) stocks, witnessing an impressive 2,400% increase in its stock price over the last three years. This surge comes alongside strong revenue growth as the company highlights a continued demand for its software platform. However, at the […]
A Jaguars reporter’s compassion towards Liam Coen does not signal the decline of sports journalism as we understand it

Emotions in Sports Coverage Sports evoke strong feelings. They revolve around people. Yet, in 2026, it seems basic human empathy is fading quickly in the U.S. Is it somehow unprofessional for a journalist to show kindness to a head coach whose team has just been knocked out of the playoffs? Recently, Adam Schefter highlighted moments […]