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It is now cheaper to rent than buy in ALL of America's largest 50 metros - with mortgages

While it was already more affordable to rent than buy in the vast majority of metros this time last year, high mortgage rates and soaring house prices have now flipped the remaining markets. In February this year, the average cost of buying a starter home in the top 50 US metros was 60.1 percent higher than renting one - some $1,027 more in monthly costs. But in some sought-after areas, the cost was more than double. The gap between renting and buying was the widest in Austin, Texas, according to Realtor.com.

The winner of Tuesday night's historic Mega Millions jackpot will likely come away with less than a quarter of the $1.13 billion advertised on billboards.

Robinhood's flat rate of cashback is higher than rivals. Apple Card offers 3 percent on purchases at select merchants like Nike and at its own stores - but typically users earn 2 percent.

Merlin - with around 25 parks spread across Americahas - unveiled plans to charge more during peak times to offset a decline in theme park visitors.

In the coming months, some items - including food, snacks, beverages, pet care and personal care - could cost up to $7 at Dollar Tree.

It may only be an extra 4 cents - but the increase to one of Trader Joe's top-sellers works out at a 21 per cent increase.

The secondhand clothing market is sizzling as sales soar among inflation-fatigued American. They are clearing out wardrobes - as others empty lofts to sell old toys and gadgets.

The Federal Reserve posted a record $114.3 billion in 2023 thanks to expenses related to managing the bank's short-term interest rate target.

Boeing CEO Dave Calhoun is leaving the company at the end of the year - and will walk away with as much as $70 million. Despite his disaterous tenure, he is guaranteed $24 million.

Experts are sounding the alarm over a rise in AI-generated obituaries mysteriously appearing online.

IRS has 940,000 unclaimed tax refunds from 2020 that will expire in just 7 WEEKS. Is one

This year's tax season is almost over - and nearly one million individuals still have unclaimed tax refunds from 2020. IRS Commissioner Danny Werfel confirmed in a statement that almost 940,000 taxpayers in the US have unclaimed funds from 2020 tax year. 'There's money remaining on the table for hundreds of thousands of people who haven't filed 2020 tax returns,' said Werfel. 'We want taxpayers to claim these refunds, but time is running out for people who may have overlooked or forgotten about these refunds.'

'It still seems like he's leaving screaming and kicking:' Boeing CEO Dave Calhoun's exit is long overdue and will take too long to effectively avert a spiraling crisis, a top business expert has said.

Wells Fargo closed eight branches in a single week this month, joining another eight banks in closing a total of 18. Meanwhile, Chase said it will open eight.

8 states are planning to BAN the sale of gas-powered cars entirely - after Biden unveiled

At least eight states are planning to ban the sale of new gas-powered cars in the next decade - and others are considering joining them. Only zero-emission vehicles can be sold in participating states beginning from the 2035 model year, according to the Advanced Clean Cars II legislation. The rule, which was first adopted by California, means that automakers and dealerships would be banned from selling new gas cars in these states from that point onwards. Americans will not be forced to take their gas-powered cars off the road, however, and will still be able to buy used and secondhand gas vehicles.

Visa and Mastercard have agreed to cap credit card fees paid by merchants in a landmark settlement that follows a legal fight lasting two decades.

Real estate brokerage Compass has agreed to pay $57.5 million to settle claims it conspired to overcharge US home sellers by billions of dollars.

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Inside America's richest retirement towns: Fascinating study shows where over-65s have the

As more and more workers look set to retire with seven-figure savings, many may be hunting for the perfect place to spend their twilight years. But it appears most are headed for California as a new study shows the Golden State is home to some of America's wealthiest retirement towns. Personal finance website GoBankingRates compiled a list of the top 20 'richest' areas where a high proportion of its populations are 65 and over. Top was a coastal city - where retired golf fans are close to the Trump National Golf Club, with views over the ocean.

Three in ten Americans have NOTHING saved for retirement, new report shows - amidst fears

Even among 55 to 65-year-olds, who are close to retirement, a quarter have nothing put away. an alarming new study warns. The findings lay bare America's so-called 'retirement crisis' amidst fears many workers are using their 401(K) pots like cash machines. Across all ages, 28 percent have no money at all saved for their twilight years while 39 percent are not contributing to a retirement fund, survey of more than 1,000 adults by GoBankingRates found.

The Fed's benchmark funds rate will remain at its current level of between 5.25 and 5.5 percent where it has been since last July.

Some returns will face closer scrutiny from the IRS - as they check whether income, expenses, credits and deductions have been reported correctly.

Affluent Millennials will inherit a huge $90 trillion in wealth and assets over the next 20 years, according to the annual Wealth Report from global real estate consultancy Knight Frank.

EXCLUSIVE

Shark Tank star Kevin O'Leary has lambasted Biden's proposed raid on the super-rich, claiming it will 'never happen.'

A record number of Americans took money out of their retirement accounts. They were battling to deal with higher costs for everything from groceries to gas, as well as higher borrowing costs.

Inside Austin's housing boom and bust: Texan city was the poster child for America's

Its sunny climate, expansive state parks and relative affordability attracted an influx of buyers during the pandemic. But after two years of rapid price growth, it appears Austin's housing bubble is finally about to burst. Properties in the Texan city are typically selling for $525,750 now having declined almost $150,000 from their peak in May 2022, according to figures from Redfin. It marks an astonishing u-turn in demand across Austin which was seen as the epitome of the Sunbelt's pandemic real estate boom. The region proved especially popular with well-paid tech workers, who were left unshackled from their San Francisco offices by lockdown. But a sudden slowdown in jobs and population growth - preceded by a period of overbuilding - have caused both prices and rents to plummet.

As mortgage rates soar and house prices remain high, many may be left questioning whether the American dream is officially dead.

New Yorkers who fled to the Sunbelt in search of a cheaper cost of living are finding the savings to be far less lucrative than they were four years ago, new data shows.

Squatting is an increasing concern for homeowners across the US, who are growing frustrated by laws that make it difficult - and costly - to remove unwanted inhabitants from their property.

EXCLUSIVE

Finance guru Suze Orman has warned the effect of climate change on soaring property insurance premiums is destroying the American dream of homeownership.

More and more Americans are flocking to credit unions after growing tired of endless

Fed-up Americans are fleeing major banks in favor of credit unions after becoming tired of low interest rates and dwindling branch numbers. Some 1,500 traditional banks closed their branches across the US last year as part of an ongoing and industry-wide cost-cutting strategy, driven largely by the rise of Internet banking. Meanwhile, the country's credit unions expanded their brick-and-mortar presence. Over the same period, the total number of federally-insured credit union branches increased by over 50, according to data from National Credit Union Association.

Experts warn those hoping for student debt forgiveness must act soon - as key deadline is

DailyMail.com explains what student loan borrowers need to do in the coming weeks if they want to get student debt cancelled. The US Department of Education has set April 30 as the final date for consolidating student loans. This is crucial in order to make sure Americans receive the correct credit for the amount of time they have already spent repaying their debt, which could help bring them closer to the threshold for forgiveness. And experts are also pointing to further deadlines later this year which borrowers need to be aware of.

Do NOT listen to money advice on social media is the clear message after a first-of-its-kind clampdown on so-called financial influencers - who were promoting a trading app rival to Robinhood.

Since last summer, President Biden has cancelled nearly $138 billion in debt for more than 3.7 million Americans. Here, we outline what has been announced so far, and who qualifies.

Hybrid cars are selling THREE times as quickly as EVs (and twice as fast as gas-powered

Hybrid cars are being snapped up three times as quickly off dealer lots than electric cars, new data has revealed. According to research site Edmunds, the vehicles are also now selling twice as quickly as gas cars. A traditional hybrid vehicle has a gas-powered internal combustion engine and an electric motor - a battery - that both work in tandem to run the car. Last month, hybrids typically flew off dealer lots within 25 days, Edmunds found, while electric vehicles took an average of 72 days. Gas-powered cars, meanwhile, typically sold after 52 days. It comes as hybrid vehicles overtook fully electric and gas cars to lead the way in this year's closely-watched Consumer Reports' top car rankings.

A major US airline is the first to allow loyalty program members to 'borrrow' air miles -

Don't have enough airline miles for that free flight? United Airlines is now letting people pool and share their frequent-flyer points with family and friends, a feature currently offered by some smaller carriers. United said Thursday that a 'pool leader' can pick up to four other people to set up a joint account in its MileagePlus program. The group leader must be over 18, but there is no minimum age for others, so parents can sign up kids.

Boeing CEO Dave Calhoun is to step down at the end of the year in a management overhaul in the wake of a safety crisis at the troubled aerospace giant.

It may be tempting to say yes if a waiter or retailer in a foreign country offers you the chance to pay your bill in dollars but you should always decline.

A series of crises at Boeing have slowed down its delivery of new aircraft and could cause airlines to cancel routes and hike fares this summer.

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