The housing bust is officially over, 10 years after it started. But like much else in the economy, the real-estate recovery has benefitted the wealthy more than others, with many ordinary folks still falling behind. A prominent gauge of home...
Get your toys now, but hold off on the gym memberships. Hopefully, you haven’t finished your holiday shopping yet because December is the best time to buy many great gifts. Of course, even if you aren’t shopping for anyone this month, there...
Many company 401(k) retirement savings plans could use a swift kick into the 21st century, according to a new report from the U.S. Government Accountability Office. A number of longtime 401(k) plan designs fail to reflect a new, more mobile workforce, hurting employees’ ability...
Senior EU officials fear allowing Britain to exit on its own terms could empower far-right candidates in France and Germany. European leaders have reportedly come to a 27-nation consensus that the UK must be forced into a hard Brexit in order to counter...
Donald Trump invoked China so much as a candidate that his mere pronunciation of the word became something of a craze. When he becomes president on Jan. 20, Trump will have the chance to take action against the country he blames the most for stealing...
You might get a better interest rate, but beware these risks. Opportunities for student borrowers to get new terms on their debt have surged in the past few years. But there’s still plenty of confusion about who qualifies for refinancing...
Parallels in price action and voters' concerns. Donald Trump has predicted that today will be "Brexit times 10" for the U.S. If it is, financial markets are about to go haywire. Luke Kawa | Bloomberg
...Presidential election? What presidential election? For the last three months, Down Ticket has been obsessing over every race that isn’t Donald Trump vs. Hillary Clinton — and we’re not about to stop now. As you may have heard, it’s Election...
A new paper lays out the dangers of one-size-fits-all savings advice. What assumptions are you making? If you're relying blindly on hallowed personal finance averages—planning for 40 years of work, saving 15 percent of salary—you could be in for a...
If you buy health insurance on a state or federal marketplace, the arrival of fall means it’s almost time to pick a health plan. The Affordable Care Act, also called Obamacare, requires most Americans to buy health insurance. This year’s open...
The number of Americans seeking unemployment benefits stayed at a 43-year low last week in the latest sign that layoffs are scarce. THE NUMBERS: Weekly applications for unemployment benefits were unchanged at a seasonally adjusted 246,000, the Labor Department said...
Parents often have no idea which assets hurt their financial aid chances and which do not. This is an especially relevant question because parents are now filing for financial aid for the 2017–2018 school year. Here’s a quick rundown of...
Low level of jobless-benefit claims reflects factors including pullback in state aid The fewest Americans in 42 years are filing applications for unemployment insurance, which on the surface looks like a sign of a historically hot U.S. labor market. The real picture is more...
THE collapse in the value of the pound—down by nearly 20% against the dollar since the Brexit vote—will result in rising inflation as the cost of imported goods goes up. Figures released on October 18th show that inflation in September...
It’s Off to Neverland We are now almost a year into the rate hike started by the Fed last December and rates, surprisingly, have dropped. The 10-year Treasury was at roughly 2.24% and now sits at 1.55% and mortgage rates...
