When it comes to saving for retirement, everyone's situation is different. While one person may be able to survive on a couple of hundred thousand dollars over several decades, another person may need well over a million dollars just to...
The S&P 500 is within 1% of its closing record set on April 30 The S&P 500 index stands less than 1% shy of a record but investors aren’t loving the climb, based on a recent fund manager survey from...
Bets on a move as soon as July rise after weak jobs report Some see Powell getting ahead of market with half-point cut Federal Reserve Chairman Jerome Powell and his colleagues face three decisions when it comes to reducing interest...
As Americans face increasing amounts of debt, their ability to retire comfortably is coming more into question. “Our research has shown that 78% of people are living paycheck to paycheck,” financial expert Chris Hogan said on Yahoo Finance’s On the...
China’s announcement Monday that it will raise tariffs on $60 billion of American goods compounds the pain in what is fast becoming all-out trade war between the two countries as U.S. farmers, chemical makers and others brace for a further...
The U.S.-China trade war has had a major effect on American farmers since the Trump administration began taking action against Beijing in March 2018. Things got worse recently when President Trump announced on Friday that the U.S. will be implementing...
Falling Treasury yields are raising questions about whether the market is signaling another coming recession, since inverting yields have had a strong track record of predicting downturns. The yield curve is viewed as a thermometer on market expectations over time...
The Trump administration’s 10% tariff on $200 billion in Chinese imports has been a nuisance, with many U.S. businesses absorbing the cost or working around it. But President Donald Trump’s threat over the weekend to hike the duty to 25% would...
Market Review What a difference three month makes. The headlines have completely flipped from the doom and gloom of Q4 to “Best Three-Month Start Since 1998” and “Best Quarter Since Q2 2009.” For the quarter, the S&P 500 ended up...
Most millennials define adulthood as being on their own financially, but the majority still depend on Mom and Dad for money, even in into 30s, according to a new Merrill Lynch/Age Wave survey given exclusively to USA TODAY. Seven in...
If economics were literature, the story of what happened to inflation would be a gripping whodunit. Did inflation perish of natural causes—a weak economy, for instance? Was it killed by central banks, with high interest rates the murder weapon? Or...
Critics of economics like to say that its abstract theories lack real-world pay-offs. There is a glaring counter-example: the global rise of central-bank independence in the past 25 years. In the 1970s it was normal for politicians to manipulate interest...
Saving for retirement or other big life moments is often viewed as an end in itself: Sock away a little bit each month, and you’ll achieve your financial goals. But many of these accounts can also play a role in...
Basket of American companies exposed to Europe up 23% in 2019 IMF sharply downgrades its outlook for euro-area economies The soft spot for the global economy is a source of strength for the U.S. stock market. A basket of American...
You finally finished your taxes and are learning – for better or worse – the ins and outs of the new law. But wait, the law isn’t done with you. There’s another complication coming out later this year: The Internal...
