Money
The latest economy and money stories. Covering every aspect of economics and finance in both the magazine and online, Newsweek has a long history of being a leader in financial news coverage.
John Fetterman calls out Elon Musk after recent support for Trump ally
Following Trump's win, Fetterman and Musk shared pleasantries when the two were on Capitol Hill back in December.
Social Security payment update: Up to $5,108 to go out this week
Benefits are administered on a monthly basis to all recipients.
Are banks open on Presidents Day 2025?
Presidents Day is Monday, February 17, and is considered a federal holiday, meaning some stores and services will close.
IRS tax returns: Average 2025 refund seeing modest bump, data reveals
Tax season started on January 27 and will end on April 15, with the IRS expecting around 140 million returns within that period.
Average man has almost double the savings women do
The stark disparity was one described as both ""shocking but predictable" by one leading expert on the subject.
Is real estate still a good investment? Experts weigh in
"Real estate, if done right, is one of the best ways to build long-term wealth," an expert told Newsweek.
Trump Social Security tax plan: Which millennials benefit most
A new report found high-earning, older millennials would benefit from Trump's Social Security tax proposal—but not all groups would thrive.
Donald Trump under pressure over rising egg prices
In a letter, over 30 House Democrats urged the president to keep his campaign promise to lower the cost-of-living for Americans and bring down egg prices.
No, that's not Brad Pitt: How romance scammers target the lonely online
Meta tells Newsweek how it is working to protect vulnerable users against love scams on social media.
Woman left in "tears" at what she finds hidden in crawl space under house
Beth H. told Newsweek she "cried a little" when she found something that had been deliberately hidden in the space under her home.
Map shows states that tax Social Security
See which states still charge income tax on Social Security benefits.
Gen Zers are more optimistic than millennials about debt
1,000 U.S. workers were asked: "To the best of your knowledge, will you ever be debt-free in your lifetime?" The responses elicited plenty of surprises.
What friend hands over to pay his portion of restaurant bill sparks debate
"You need new friends," one viewer on Reddit commented, while another said: "Defacing bills is a federal crime."
Full list of 2025 Valentine's Day fast food and restaurant specials
Celebrate Valentine's Day with exclusive deals and specials from your favorite fast-food and restaurant chains across the U.S.
Alvin Bragg sees surge in donations as election year kicks off
According to the New York State Board of Elections, Bragg has made over $221,000 in contributions since the November 2024 election.
Chicago housing development shrinks itself by 80% in face of Trump tariffs
Economists say tariffs could get in the way of Trump's promise to make housing more affordable.
Man finds stack of 1970s "very rare" $50 notes, could be worth thousands
"This is a fascinating piece of numismatic history," one expert told Newsweek of the story, which was posted to Reddit.
Elon Musk's DOGE given ability to modify payments—what we know
Following the discovery of racist posts, a DOGE official resigned a day after he was wrongly granted the power to alter Treasury's payment system.
Joe Rogan defends "psychopath" Elon Musk
On his podcast, Joe Rogan discussed the theory that DOGE lead Elon Musk is taking people's money.
Donald Trump gets bad news about his Social Security taxes plan
President Trump's plan to cut Social Security taxes has raised concerns over its potential financial impact on the Social Security Administration.
Prince Andrew's big-money partner breaks silence on mega deal
Prince Andrew's Pitch@Palacbusiness network, built during his time as a working royal, has been linked to a $10 billion venture.
Americans want to increase Social Security benefits for 2 groups
A new proposal could boost Social Security benefits for caregivers and older workers in physically demanding jobs.
Democratic governor praises Trump's "great" penny decision
Colorado Governor Jared Polis cheered Trump's move for additional environmental benefits if the penny's production is haulted.
Map shows red states losing the most funding from NIH cuts
The NIH's new 15 percent limit on indirect funding could cost states billions of dollars in medical research funding.
Trader Joe's puts limits on people buying eggs amid shortage
After the most recent bird flu outbreak, egg supply shortages have also caused prices to increase at stores nationwide.
"Soul crushing" moment Gen Z nursing graduate finds out she's $110K in debt
Amaiya Camillo will have to spend "well over $900 monthly" to pay off her debt, which she could have lingering over her until 2032.
Why boomers are wrong about millennial spending—Theory goes viral
Freddie Smith suggests that "basic survival used to be far more affordable" in the 1980s, but that costs have skyrocketed in recent years.
Outrage at woman demanding hundreds of dollars to attend birthday party
"Sounds like a happy hour, not a birthday party," one person in the comments reacted.
Social Security update: Up to $5,108 to be paid this week
Social Security benefits are paid to more than 70 million Americans on a monthly basis.
