That’s the amount of debt coming due in the next five years Tax reform is the wild card; some companies may have more cash Corporate America partied like never before on cheap money over the past decade, and now comes...
It stood at about $600 billion 10 years ago America’s student loan problem just surpassed a depressing milestone. Outstanding student debt reached $1.521 trillion in the first quarter of 2018, according to the Federal Reserve, hitting $1.5 trillion for the...
Here's a question: You've built up a massive nest egg at your job, and you're about to retire. What are your plans for your hard-earned savings? For nearly a third of workers, the answer is "I don't know." Those were...
Without any outside help you may have a harder time reaching your personal financial goals. Financial advisers tend to get a bad rap, which might explain why 62% of adults don't use a professional for financial planning purposes. But without...
If you’re in your 20's, fresh out of school, and just starting your career, retirement is probably the furthest thing from your mind. That’s understandable. You have at least 40 years until you can actually retire, and that may change...
How We Got Here The end of March brought the end of the first quarter of 2018 and along with that, a whole lot of nothing from the markets. The market run up in January was led by the “melt...
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...
