MoneyWatch

The best state to retire in the U.S. is also one of the smallest, according to a new ranking. Based on its high marks for affordability, access to high quality health care, overall well-being and other categories, Delaware, known as the “First State,” earned the top spot in Bankrate’s annual ranking of the best states to retire in the U.S. …

Right now, the average American is carrying about $7,950 in credit card debt. And, while this type of high-rate debt is never ideal, it can be even more of an issue in today’s economic environment. After all, credit card rates have been climbing recently, and if your balances aren’t paid off each month, the interest charges can accumulate quickly. That, …

Those who thought gold prices peaked after a slower start to the summer were pleasantly surprised last week when the precious metal surged to its latest record high, hitting $2,472.76 per ounce on July 17. That comes after the yellow metal had broken numerous price records so far in 2024 — and after it started at just $2,063.73 per ounce …

Shippers FedEx and UPS on Friday said the Microsoft outage caused by a software glitch could lead to delayed package deliveries. FedEx acknowledged the interruption in a statement on its website Friday, saying “FedEx has experienced disruptions throughout our networks due to a global IT outage experienced by a third party software vendor.” “Contingency plans have been activated to mitigate …

Gold investing has been top of mind for many investors over the last few years. After all, when inflation and other economic issues are looming, investors tend to turn to safe-haven assetslike gold to protect their wealth and mitigate losses from more volatile assets. But the unique benefits that gold offers in uncertain economic climates haven’t been the only draw …

There’s no question that savers have had it good for the last year or so. With the Federal Reserve keeping its benchmark rate paused at a two-decade high to temper inflation, rates on interest-bearing accounts, like high-yield savings accounts and certificates of deposit (CDs), have been much higher than they were just a couple of years ago. So, the returns …

While inflation has been slowing down recently, years of rising costs and high interest rates have weighed on many Americans. So, if you’re now struggling to pay off high-interest credit card debt, know that you’re not alone. Since the end of 2021, credit card delinquencies have been increasing in the US, with over 10% of credit card balances at least …

As consumers cope with lingering inflation, CBS News is tracking the change in prices of everyday household expenses — from food at the grocery store to utilities and even rent — across the country. Drawing from a wide range of government and private data, the tracking charts below show how the cost of goods and services have changed since from …

If you’re a potential homebuyer who’s wondering whether it really makes sense to buy a home in today’s tough (and expensive) housing market, you certainly aren’t the only one. For starters, home prices remain elevated due to a mix of limited inventory and persistent demand. And, ongoing inflation issueshave led the Federal Reserve to keep its benchmark rate paused at …

Dallas, Detroit, Honolulu, San Francisco and Seattle are all distinctly different U.S. cities, but with one thing in common: Residents there have been hit hardest by inflation. That’s according to a study from WalletHub which compared key inflation metrics within 23 major metropolitan statistical areas in connection with the latestConsumer Price Index data, as well as CPI data from two …