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...
Retailers are expecting a robust shopping season, with November and December sales projected to top $1 trillion for the first time ever. The flip side of all this holiday cheer? Many consumers could get themselves overextended with their finances. Russ...
At last, Britain’s game of three-dimensional chess with the European Union is entering its closing phase. On November 14th the two parties published a draft divorce agreement, 585 pages in length. Nearly two-and-a-half years after the British shocked their own...
With the 2019 tax season around the corner, here are some deductibles you probably didn't know about. Buzz60's Natasha Abellard has the story. USA Today
...Tax-favored accounts like IRAs, 401(k)s and similar plans are essential for those who want to become ultimate retirement savers. To truly max out all of your retirement saving opportunities, it takes more money than you might think – but those...
The career of China’s biggest property tycoon can be divided into two stages. Xu Jiayin started slowly, focusing on Guangzhou, a southern city. Then came the global financial crisis and the government’s response, a giant economic stimulus, launched a decade...
