Powered by Stimulus, Retail Sales Shoot Up in January

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U.S. retail sales jumped the most since June last month, outpacing economists' expectations and providing some positive news for a downtrodden economy.

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The Multiply-by-25 Rule for Retirement Saving

Twice a week, we break down the logic behind financial rules of thumb. The multiply-by-25 rule for retirement savings is a guide for calculating the amount of money you need to have saved in retirement to live comfortably.

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What to Consider When Consolidating Debt

Debt consolidation can lower monthly payments, making it easier to pay down outstanding balances. Here are a few key factors to consider before getting started.

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Black Homeowners Pay Higher Mortgage Rates, Study Finds

Mortgage interest rates on primary homes generally decline as income increases, but disparities begin to appear when accounting for race, a Harvard University analysis found.

Producer Prices Jump, Could Trickle Down to Consumers

The cost of producer's goods and services had the biggest monthly gain on record in January, a potential sign of higher prices coming soon to consumers.

Surging Lumber Costs Add Thousands to New Home Prices

$16,000 - That's roughly how much soaring lumber costs have added to the price of the average new home since April, according to the National Association of Home Builders.

IRS Crosses 'Distribute Stimulus' Off To-Do List

The IRS said all the winter stimulus checks—some 147 million of them—have now gone out. So if you still haven't gotten paid, you'll need to file your 2020 taxes.