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...
Yes, the IRS really, really loves you. If you earn $54,000 a year or less, or have disabilities or limited English language skills, you may be eligible for free in-person help to prepare your tax returns. You’re also eligible if...
As tax season heats up, there are a few outstanding issues and frequently asked questions the IRS wants to address. It has put forward a report to offer some basic information and help counter some common misconceptions. Here are three...
Before whirlwind, banks turned volatility into the hot item ​VIX was seen as sure thing — until it suddenly wasn’t anymore It was the hot trade on Wall Street, a seemingly sure thing that lulled everyone from hedge fund managers...
Free life insurance at work is a sweet deal. The employer pays for the coverage, and all you have to do is sign up during open enrollment for employee benefits. But a pitfall awaits: While accepting the perk is a...
Here's what investors should know following the Dow's historic tumble and the S&P 500's worst day in seven years. History was made on Monday, with the Dow Jones Industrial Average (DJINDICES: ^DJI), America's most iconic index, tumbling a record-breaking 1,175...
As a last-minute amendment to the Tax Cuts and Jobs Act, Sen. Ted Cruz (R-Texas) added a provision to allow families pay for up to $10,000 per year of K-12 expenses with a 529 plan. This inclusion is said to...
Everyone has their own definition of success, but there is one quantifiable measure that allows us to see how Americans define it: cold, hard cash. Visual Capitalist and Thermosoft analyzed data from 2,000 Americans in order to learn what "making...
Going, Going Gone! Here we are at the start of yet another new year, 2018. It’s a bit hard to believe 2017 is now over, but as such, we like to take a look at how we got here as...
Bitcoin slid to $10,000 on Wednesday for the first time since Dec. 1, leaving the cryptocurrency down by close to half from its peak hit last month. Bitcoin's sell-off, sparked by fears of a regulatory crackdown, deepened Wednesday with the...
