Mike Winters

Money Reporter at CNBC Make It

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Articles

How much money Americans in their 40s have in their 401(k)s

1 week ago | cnbc.com | Mike Winters

Even with a rocky start to the year in the market, workers in their 40s appear to be sticking with their retirement contributions. That's based on Fidelity's latest report, which analyzed data from more than 24 million of its 401(k) accounts through March 31.
Gold is near an all-time high—here's how much a Costco bar bought a year ago is worth today

1 week ago | cnbc.com | Mike Winters

Costco's gold bars are worth a lot more than they were a year ago — and demand is soaring. The bars have been a steady draw since Costco began selling them in 2023, anda sharp rise in spot gold prices seems to have boosted their appeal. In May, the retailer tightened purchase restrictions, limiting members to one transaction, capped at a maximum of two bars, per day.
Gold is near an all-time high—here's how much a Costco bar bought a year ago is worth today | Flipboard

1 week ago | flipboard.com | Mike Winters

2 hours agoThe MSNBC anchor also predicted a laughable legacy for the president. MSNBC’s Rachel Maddow on Monday pulled no punches with her two-word critique of President Donald Trump looking like a “sad” and “small” political figure right now, amid growing protests and opposition to his administration. Maddow …
The salary you need to be middle class in the 15 biggest U.S. cities

1 week ago | cnbc.com | Mike Winters

Earning a household income of $150,000 might sound like a lot, but in many of the biggest cities in the U.S. it still puts you squarely in the middle class. Middle-class households earn between two-thirds and twice the local median income, according to Pew Research Center's definition. Nationally, the middle class spans incomes from $51,813 to $155,438. By the same measure, San Jose, California, has the highest middle-class income range of the largest U.S. cities.
Planning to buy a new car? It may make sense to act now—before tariffs push prices higher

2 weeks ago | cnbc.com | Mike Winters

If you're shopping for a new car, you might want to act now before tariffs push prices higher. That's because sticker prices are still hovering near pre-tariff levels, in part because many models on dealer lots were built before the new rules took effect. "There's a lot of uncertainty, but retail prices are holding pretty steady," says Mark Schirmer, a spokesperson for Cox Automotive.
Planning to buy a new car? It may make sense to act now—before tariffs push prices higher | Flipboard

2 weeks ago | flipboard.com | Mike Winters

11 hours agoThe car dealership landscape might not be what you expected after the second month of tariffs. Where May’s new vehicle prices shifted Kelley Blue Book data drawn from auto dealerships has reflected that new car prices remained steady in May despite some manufacturers raising costs due to tariffs. …
Is it smart to buy a home right now? The U.S. housing market is a 'mixed bag,' broker says

2 weeks ago | cnbc.com | Mike Winters

For potential homebuyers, the U.S. housing market is hard to read right now. Affordability remains an obstacle, with elevated mortgage rates and a median home price of $442,000 — up 0.9% from a year ago, according to Redfin data. However, inventory is rising in many markets, especially in the South, giving buyers more leverage to negotiate prices.
I missed out on free money from my rewards card—here's the one step I forgot

2 weeks ago | cnbc.com | Mike Winters

Almost every weekday morning for the past year, I've been tapping my credit card for my morning coffee without thinking twice. What I didn't realize was that I was throwing money away. My card offers up to $84 a year in statement credits for purchases at one of my regular coffee spots — but only if I enrolled first. I hadn't, because I didn't know the credit existed.
How much money Americans in their 30s have in their 401(k)s

3 weeks ago | cnbc.com | Mike Winters

American workers in their 30s are holding steady with their 401(k) contributions, even though their balances have dipped due to market volatility so far in 2025. That's according to Fidelity, the largest retirement plan provider in the U.S., which manages more than 24 million 401(k) accounts. Its latest quarterly study breaks down average 401(k) balances by age group for the three months ending March 31.
With Trump tariffs in limbo, the uncertainty is 'killing' us, business owner says: 'We need to know what things are going to cost'

4 weeks ago | cnbc.com | Mike Winters

A U.S. trade court has ruled on President Trump's new round of import tariffs — covering thousands of products from nearly every country — calling them "unlawful." For now, though, while the administration pursues an appeal, those tariffs remain in place. In the meantime, business owners say they're left guessing how much they'll pay to import goods with trade rules that can change seemingly overnight.

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