Americans haven t been stashing money into their savings accounts like they used to according to government statistics That s part of the reason why consumer spending has been so robust since the economy ascended from pandemic depths despite high...
The bid for Treasuries that swept through markets ahead of the weekend is unwinding amid hopes the conflict between Iran and Israel will now calm with attention returning to the inflationary forces dogging the world economy The yield on 10...
Americans magic number savings goal for retirement has increased by over 50 since 2020 But experts say the secret to building true wealth is having a high savings rate When it comes to retirement Americans have a new number in...
Americans plagued by surging prices over the past 20 months continue to face strain as the cost of everyday necessities remains elevated following a hotter than expected inflation reading in March The Labor Department said Wednesday that the Consumer Price...
Another hotter than expected inflation reading is fueling investor fears that the Federal Reserve will have to push back the number and timing of interest rate cuts this year The Consumer Price Index CPI rose 3 5 over the prior...
As car prices moderate from a pandemic era surge insurance has pushed the cost of car ownership to the brink for many Americans New data out on Wednesday from the Bureau of Labor Statistics showed auto insurance costs last month...
Stocks and bonds dropped around the globe as solid economic readings and a rally in commodities spurred speculation that major central banks will keep interest rates higher for longer In a revival of the good news is bad news trade...
Inflation has crept into every part of Americans lives including how much they now think they need to retire comfortably a record $1 46 million a study released on Tuesday said That s a 53 surge since the $951 000...
Ratings agency S amp P Global on Tuesday downgraded its outlooks for five regional U S banks to due to their commercial real estate CRE exposures in a move likely to reignite investor concerns about the health of the sector...
The stock market is at odds with what is going on in the economy top economist David Rosenberg says The latest market frenzy has shades of July 2007 when stocks were caught in a swift decline nbsp just three months...
When you re planning for taxes it s helpful to know both your marginal tax rate and your effective tax rate Marginal tax rate is the percentage you pay in taxes on the last dollar you earn while effective tax...
Inflation pressures remained persistent in February as prices for shelter and gas rose according to the latest data from the Bureau of Labor Statistics released Tuesday morning The Consumer Price Index CPI showed prices rose 0 4 over the previous...
The mood was practically giddy when the heads of two regional banks hosted a town hall in the spring of 2021 The industry s long drought in mergers was ending and two lenders below the public s radar New York...
The S amp P 500 closed slightly lower on Monday after a choppy trading day as investors took a pause ahead of economic data and Fed Chair Jerome Powell 8217 s congressional testimony Apple closed down 2 5 following a...
Tech ETFs saw massive inflows of over $17 billion last year according to VettaFi However Financial Futurist Dave Nadig says many are 8220 overdone 8221 in mega caps like Nvidia NVDA and Meta META which drive gains He warns of...
