Despite an improving economy that should be easing the financial struggles of all Americans, a growing number of low- and middle-income households are plagued by high debt and have little or no savings. The financial strains have especially worsened for...
In his book Being Mortal, surgeon, writer and public health researcher Atul Gawande notes that few people have discussed their end-of-life wishes with family members or other caregivers. The reasons are many, but the consequences are the same: many people...
Global debt levels rose by $US21 trillion last year to $US237 trillion, the highest level on record. 80% of the increase in global debt levels over the past five years has occurred in emerging markets. With nominal GDP growing faster...
The nine-year stretch of rising stock prices won’t last forever. So now’s a good time for investors to bear-proof their 401(k)s before the next financial storm. Don't panic. Do this instead. After nine years of an explosive bull market run...
First banks widened the gap between what they pay you and what borrowers pay them. Now they will fight for your money. Hold your horses, savers. The Federal Reserve raised its benchmark lending rate a few weeks ago, the sixth...
Agency scrutinizing whether data use violates consent decree House Judiciary panel to get briefing from Facebook officials Facebook Inc. is drawing scrutiny from the main U.S. privacy watchdog and members of Congress over how the personal data of 50 million...
It's a much higher number than the amount of folks who will actually get audited. Filing taxes can be a complicated process, and if there's one way to take your associated stress to the next level, it's to fixate on...
About 80 percent of 401(k) plans offer target date funds. In all, assets in target date mutual funds approached $1.16 trillion as of the end of January. If volatility in your retirement plan investments is giving you motion sickness, then...
Are you taking all the tax breaks you’re entitled to? Experts say you might be able to reduce your tax bill by taking advantage of the many exemptions, deductions, and credits built into the tax code. Tax exemptions, deductions, and...
Record-low inventory is causing home prices to rise across the U.S., so higher salaries are now required to afford monthly housing payments, according to SmartAsset. The financial technology firm crunched the numbers using its mortgage calculator, discovering that the inhabitants...
How do you stack up against the wealthiest Americans? To be a 1 percenter, you need to have an adjusted gross income of at least $480,930, according to the latest data from the IRS, which looked at income statistics for...
Warren Buffett has a message for Main Street investors: Treating the stock market like a casino is a bad bet. The CEO and chairman of Berkshire Hathaway warns that wagering on stocks with borrowed money or loading up on exotic...
Federal Reserve chair Jerome Powell moved markets on Tuesday in his first appearance before lawmakers on Capitol Hill since his confirmation. In response to questions from Rep. Carolyn Maloney (D-NY), Powell hinted that more aggressive action on raising interest rates...
Three- and six-month bills sold at levels unseen since 2008 ​Bid-to-cover ratio on 4-week sale declined to near-decade low The U.S. Treasury on Tuesday sold $179 billion of securities as it works to rebuild its cash balance, with yields at...
Are you dreaming of an early retirement? You're definitely not alone. Who wouldn't want an opportunity to enjoy that flexibility at the earliest possible age? Of course, when we think about early retirement, we tend to picture those folks who...
