Policy makers repeated their support for gradual rate hikes ​A few expressed concern about high equity-price valuations A divided Federal Reserve policy committee couldn’t reach an agreement in June on the timing of when to begin shrinking its massive balance...
As Courtney Minor began a master's program in vocal performance, she made sure to heed some well-known advice: Stick to federal government student loans. In completing the two-year program at Longy School of Music of Bard College in Boston in 2009, Minor racked...
Virus attacks worst in Russia, Ukraine; spreads to U.S. Petya virus is similar to WannaCry; demands $300 ransom A new cyberattack similar to WannaCry is spreading from Europe to the U.S., hitting port operators in New York and Rotterdam, disrupting government systems...
A million dollars is a lot of money, isn't it? Not when you're looking to finance your entire retirement. If you've got $1 million tucked away in your retirement savings by the time you're ready to retire, you won't starve,...
After completing your investment questionnaire, your financial advisor or brokerage might recommend that you invest a small portion of your portfolio in bonds. This investment option can be an easy way to add diversification and earn a small yet stable income at...
Many people turn to a professional for financial advice when they have a big problem to solve: How much do I need to save for my children’s college? Can I afford the bigger house? Will I run out of money in retirement? The answers...
Soft U.S. inflation data has raised uncertainty among investors about the Federal Reserve’s policy plans for the rest of the year. Fed Chair Janet Yellen and her colleagues have an opportunity this week to clarify the outlook. The Federal Open...
Big home-price gains make a 20 percent down payment ever harder. Private mortgage insurance can be a better deal than an FHA-insured mortgage. In high-cost areas, a piggyback mortgage deal can be the ticket to buying. Coming up with the...
First comes love, then comes paying for the wedding. Weddings cost an average of $35,329 nationally — excluding the honeymoon — according to The Knot’s 2016 Real Weddings Study. That’s the highest reported average cost since the survey began in 2006. But...
Industry took advantage of second-warmest period on record ​Gains helped by home improvements, boosting employment If you’re building or renovating a home in the U.S. these days, you’ve got plenty of company. Americans’ spending on residential construction projects — from...
I’ve been offering financial advice professionally for nearly 40 years. I’m also a millionaire several times over. During my decades in the trenches, I’ve heard every conceivable piece of financial advice, acted on many and offered some of my own....
Naysayers point to decline that followed steep climb in 2013 Dot-com bubble and tulip craze show past market corrections Bitcoin’s astronomical rally has cryptocurrency bulls feeling vindicated. Not so fast, skeptics say. The digital currency’s more than 100 percent surge in...
ANZ Group Asia research head warns of negative feedback loop Move to particularly hurt airlines, shipping companies The downgrade of China’s debt by Moody’s Investors Service may push Chinese companies to borrow even more money from domestic banks as overseas...
President Trump released his proposed budget for 2018 on Tuesday that includes a $3.6 trillion cut in government spending over the next decade. Proposed changes to current education programs could impact financial aid and access to loans and repayment options for millions...
There are some steps even first-time job seekers know to take ahead of formally seeking out new employment opportunities: Brush up your resume. Update your references. Flesh out your LinkedIn profile. Clean up your other social media accounts. Network. It’s...
