Money

High school proms are getting mighty expensive — and we’re not just talking triple digits, either.

Named for billionaire investor Warren Buffett, who has argued that he shouldn’t pay a lower tax rate than his secretary, the Buffett Rule would mandate a minimum 30 percent tax rate for any household which makes over $1 million a year. But is  the  rest of country onboard with such an idea?

Last month Canada joined countries like Australia and Great Britain in eliminating the penny. Is the United States next?

With 15-year mortgage rates at an all-time low of just 3.11 percent, many people are thinking about making a home purchase. But where you buy could determine how good the investment will turn out to be.

Canada has been making some interesting changes to its currency from ditching its penny to pushing pretty, plastic pesos. The latest may become one of the coolest forms of cash on the continent.

Could cold hard cash soon be about as necessary as a pay phone?

Doing the right thing often has its own rewards — but you may need to get a lawyer, first. That’s what one Minnesota waitress learned the hard way.

A lot of people are hurting these days because of the slow turn of the global economy. Few places are making them feel the pain of painfully slow growth more than the gas pump. But that doesn’t mean relief can’t unexpectedly happen.

While educational debt is generally thought to be the problem of younger people, new data from the Federal Reserve Bank of New York reveals a startling fact: Americans ages 60 and over collectively owe $36 billion in student loans.

Winning last week’s record-breaking $656 million Mega Millions lottery might seem like a dream come true, but it’s created a huge mess for Maryland woman Mirlande Wilson. The 37-year-old McDonald’s employee claims she bought a winning ticket independently, but fifteen of her co-workers say it was purchased as part of an employee pool and they want their share of the winnings.