Market Recap The week before Christmas was the worst week in a decade with the S&P 500 dropping almost 9% in one week. In addition, the shortened trading day on December 24th was coined with the worst Christmas Eve trading...
Good financial advisors bring more to the table than investment ideas. They spot hidden risks, keep emotions in check and keep your goals in focus. Do you know who Ivan Ljubicic is? Unless you’re a devoted tennis fan, probably not....
After raising four kids and shelling out cash for clothes, child care, food and school tuition over nearly four decades, Jackie Toye says all her adult children are now out on their own. The empty nester’s new goal? Securing her...
Dovish bets in March 2019 eurodollar options exited en masse Rate-hike wagers creep back into OIS curve for coming year Bets that the Federal Reserve will raise rates again in March, which virtually disappeared from U.S. interest-rate options markets last...
Gap between 3-month and 10-year Treasury yields has plunged Fed chief Powell’s job has become ‘that much harder’: BMO Traders return to their desks in the new year with a familiar warning signal flashing even more strongly than before —...
You took out student loans to go to college, and then you started a career in public service, as a police officer, a teacher, a nurse, a social worker. Good news: The government wants to reward you for your service....
The latest quarter-point increase brings the federal funds rate to a new range of 2.25 to 2.5 percent, which will have far-reaching consequences for consumers. That can be both good and bad. Here's a breakdown of what could happen to...
The final Federal Reserve interest rate decision of the year is here. At 2:00 p.m. ET, the Fed is expected to announce a 25 basis point increase in the target range for its benchmark interest rate for the fourth time...
Americans are living longer. From 1960 to 2016, the average American life expectancy increased by nine years. Despite the increase in life expectancy, workers are retiring at the same age as they did in 1960. Yet, the landscape of retirement...
Amidst the magic and sparkle of the season, families across the country are getting ready for the holidays. In Cape May, New Jersey, 17-year-old Hadley Kronemeyer is preparing to dance with her local troop in her town’s Christmas parade, while...
Review follows plans by China to buy more U.S. soybeans U.S. officials have so far found China’s promises lacking China’s openness to cutting tariffs on U.S. cars is feeding optimism about trade talks with the U.S. But recent history gives...
In 2013, Fritz Gilbert reached a goal he had worked toward for 28 years: His 401(k) hit the million-dollar mark. With that tick to seven digits, Gilbert, who is 55, newly retired and founder of The Retirement Manifesto blog, joined...
Good news: Next year, 401(k) annual contribution limits jump to $19,000 from $18,500 (and to $25,000 for folks 50 or older who take advantage of catch-up contributions). If your employer matches your contributions, that's also a big plus, as it...
The bond market is beginning to sound the alarm of a recession, with an inversion in U.S. Treasury yields occurring on Monday for the first time since 2007. The yield on the 5-year Treasury note fell below the yield on...
Trade war leaves little room for optimism among Chinese firms External tailwinds waning as companies face profit squeeze China’s economy slowed for a sixth straight month in November as the ongoing trade war with the U.S. continued to weigh on...
