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Latest finance updates
Finance, crypto, economy, and business news collected today.
The super rich use 401(k)s and IRAs to sidestep taxes on millions of dollars. This proposed law would cut them off.
More than 200 individuals had a total of more than $85 billion in tax-sheltered retirement accounts
Still waiting for the free $1,000 to hit your child’s ‘Trump account’? Here’s what to know.
Around $1.5 billion has been deposited into the accounts since their launch earlier this month, the Treasury Department said.

The August stock-market slump is a myth — so why does Wall Street keep repeating it?
More than 200 years of data show stocks typically gain in August, while market volatility sits well below average.
I’m 38, lost my job, and have to move back in with my parents. What did I do wrong?
My emergency fund is running out — I thought I did everything right
Are 7% mortgage rates next? The Treasury market is flashing a warning sign for home buyers.
The 30-year fixed-rate mortgage edged up to its highest level of 2026.
Your retirement math may have a surprising flaw
Stress-test your retirement plan against late-life healthcare and housing shocks.
