A stablecoin is a cryptocurrency designed to maintain a consistent price relative to another asset, usually the U.S. dollar. Said another way, a perfectly effective stablecoin pegged to the dollar will always be worth $1. This behavior differs dramatically from...
It’s not too late. More than half of Americans age 50 and older worry that they won’t have enough money in retirement, and nearly as many wish they’d started saving earlier. Unfortunately, you can’t turn back the clock — but...
The median net worth of the top 1% is about 67 times higher than that of the typical American. “The 1%” is a common phrase used to describe the wealthiest Americans. But what does that mean exactly? And what does...
A Monday meeting in the Oval Office doesn’t appear to have lessened the chances of a partial government shutdown, with commentary from both sides into Tuesday suggesting no deal is in the immediate offing. “We have very large differences,” Senate...
A government shutdown brings many of the nation’s federal functions to a halt while lawmakers hash out an agreement to provide funding for services like passport processing, disaster aid, and small business loans. But if you’re among the 68 million...
The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures (PCE) price index was up 2.7% in August from a year earlier, a tick higher from...
These stats highlight how Americans are saving, investing, and working toward their financial goals. When it comes to savings and wealth, digging into national data is one way to put your own finances into perspective. Looking at how Americans are...
Is Jerome Powell a lame-duck as chair of the Federal Reserve? The central bank’s meeting this week could give us the answer as he tries to steer a divided monetary-policy committee. Barron’s
...Wall Street has priced in a 25 basis point cut to interest rates— the first of this year — expected from Federal Reserve officials coming out of their FOMC meeting this week. The biggest question now is what the US...
Mortgage rates edged toward a new yearly low in the wake of weak job market data and ahead of a key Fed meeting. The average rate for a 30-year fixed mortgage was 6.35% in the week through Wednesday, according to...
The U.S. dollar fell against the yen on Tuesday after the government estimated the world’s largest economy created nearly a million fewer jobs from April 2024 to March 2025, suggesting a far weaker labor market than what initial numbers showed...
The Federal Reserve may have been late raising interest rates as inflation surged in 2021, but measures of inflation expectations throughout that period showed broad belief that prices would cool, a fact that made the battle easier and less costly...
Find out how you measure up to your peers. Saving for retirement is a massive financial goal. Not only do you need to save a sizable amount of money now, but the consequences of not doing so can be severe....
As of 2025, 42.5 million people have outstanding federal student loans. Of those, approximately 12.3 million — about 29% of borrowers — are currently enrolled in an income-driven repayment (IDR) plan. These plans provide significant relief, giving borrowers more affordable...
Data from Realtor.com shows that existing home sales are slowing down. The typical home for sale spent 58 days on the market in July 2025 — five more days than in June and a full week longer than one year...
