Personal Finance
This version of Personal Finance - Business and Economy | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.
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Hallie Jackson NOW
Trump’s $1000 investment accounts for newborns launch today
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Unaffordable America
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How Americans are adapting to unaffordable summer vacations
Many Americans are cutting back on travel amid a spike in fuel prices, opting for trips closer to home and fewer meals out.
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Why automating your finances could be costing you more money
Automating discretionary spending makes things easy — too easy. So much so that you don’t even realize how much it’s all adding up.
What you need to know about Trump Accounts
New investment accounts for children will launch this summer. 
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‘This needs to stop’: Private equity-run hospitals steepen already surging costs
Patients at hospitals owned or operated by private equity should prepare for bigger bills, new research shows.
Key measure of inflation climbed in May as surging oil prices pushed costs higher
The personal consumption expenditures index is the Fed’s favored gauge of price increases.
Cheaper borrowing costs are out of reach for now. Trump’s Fed chair wants to change that.
Interest rates are likely to stay high for the next few months — but could start coming down by the end of the year.
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Gen X is getting squeezed in a crucial decade for its financial future
These demanding years are crucial for your financial future, but even if you neglected that 401(k), there’s still time to catch up before retirement.
Unaffordable America
How shoppers who pay in cash are subsidizing Americans’ credit card reward points
A study estimates that people who pay with cash and debit cards are subsidizing $30 billion a year in points and rewards for credit card users.
Utility companies want to pay you to generate power for the electrical grid
Some states offer homeowners the option of generating their own power and sending what they don’t use back to the grid. 
Oil records its biggest one-month drop in six years, bringing consumers some relief
The average price of gas fell 17 cents since its peak earlier this month, but it’s still 47% higher than it was at the start of the Iran war.
She paid an insurance company $99,000 to generate retirement income for life. Then it collapsed.
Risks are mounting in the life insurance industry, and experts are concerned state regulators aren’t protecting policyholders.
