Returns were positive across most asset classes in July, a welcome development after a tough June. Interest rates declined broadly on fears of a downturn, despite job growth remaining strong and an acceleration in […]
The U.S. spent an all-time high of $4.1 trillion on health care in 2020, representing almost 20% of the gross domestic product. Unlike other countries, the question of who pays that expense is spread out […]
Everything about Texas is big, including the housing market. The second largest state (behind Alaska) and the second most populous (behind California) has seen enormous growth in home sales thanks to the robust Texas […]
By the end of 2021, the S&P 500 had risen 26.61% and the Dow Jones Industrial Average had grown by 18.65%. For those who had just begun investing in the stock market, as well […]
A single ticket purchased in Chicago suburb Des Plaines won the $1.337 billion Mega Millions jackpot in a July drawing. The winning ticket was purchased at a Speedway gas station, but this is all the public […]
While bad financial decisions can set you back, it’s important to remember that mistakes can also be an opportunity to learn and grow. While you can’t go back and undo the things you’ve done (or […]
The U.S. is expected to experience an increase in demand for medical care — a trend that will be shaped by a demographic shift some call the “gray tsunami.” Baby boomers, the generation born immediately after […]
Many Americans are increasingly fearful that the economy is approaching a recession. For many, that means it’s time to start saving again. The latest MagnifyMoney Savings Index indicates that 42% of consumers saved money […]
Walmart is the top-selling company in the world, turning over around $573 billion in annual revenue. This is according to the Statista company database Company DB. The company in second place, e-commerce giant Amazon, is a whopping $100 billion […]
It’s always difficult when you feel like you’ve hit a dead end in your career. Maybe you’re no longer challenged by what you do and know you need a change, but you feel lost. […]
Your new home has a septic tank instead of being connected to the sewer. Or, something ominous is lurking underneath your floorboards, like termites, rodents or mold. Your first thought as you watch sewage […]
Individual Retirement Accounts (IRAs) are a great way to save and invest for retirement. One of the biggest advantages of IRAs is that they are tax-advantaged accounts. It may either allow for tax-deductible […]
After you purchase a new home, there are many things to budget for, such as moving costs, new furniture, and of course, ongoing expenses such as your mortgage. Although it may seem like many of […]
Ahead of the 2020 election, President Joe Biden made student loan forgiveness a focus of his campaign. On Wednesday, his administration moved forward with plans aimed at overhauling what U.S. Secretary of Education Miguel […]
In the summer of 1969, four days changed everything the world thought it knew about music. The Woodstock Music and Art Fair took place Aug. 15 – 18 in a field on Max Yasgur’s dairy […]
With home construction costs continuing to soar due to issues with the supply chain, labor shortages, and worsening natural disasters, many homeowners could be left underinsured. During periods of rapid inflation, the cost to rebuild […]
Becoming a successful investor doesn’t involve taking scary risks but building wealth slowly over time. Use these seven investing principles and you’ll never panic or wonder if you’re doing the right things with your money, […]
Even the most money-savvy person is likely to have some false beliefs about money. Maybe you were raised with misconceptions about finances, were given off-target advice from well-intentioned friends or advisors or picked up some […]
Where you live may determine what kind of health care you can get — and how much you have to spend to get it. The cost of health insurance varies widely across states. People have more trouble getting […]
With inflation at the highest level since 1981 and wages not keeping pace, many Americans are struggling to make ends meet. And while a fresh poll from Morning Consult and Yahoo Finance shows that two thirds of U.S. adults are […]
As summer solstice marks the official beginning of summer in the Northern hemisphere, holiday season is quickly approaching. After two summers with subdued travel due to Covid-19, a significant rebound in travel activity is […]
Social Security is a federal program that pays retired workers a monthly benefit. Benefits may also go to people with disabilities, widows, or the children of Social Security recipients, though 76% of all payments go […]
The Earnings Engine that Could With roughly 65% of S&P 500 companies having now reported their Q2 results, the verdict is nearly in and earnings season hasn’t been as terrible as feared. It certainly […]
The U.S. economy entered a technical recession in the second quarter of 2022. The real GDP of the country shrunk by 0.9% in Q2 according to preliminary numbers released Thursday by the Bureau of Economic Analysis. In […]
If you’re charging prescriptions to a credit card or digging for change in your car and couch every month to scrounge up enough money to pay for prescriptions, you’re not alone. Around seven percent of […]
U.S. President Joe Biden is expected to shortly sign into law the Chips+ bill, aimed at increasing the competitiveness of the U.S. microchip industry, alleviating dependency on Greater China and the shortage of microchips […]
Dining at a Michelin-starred restaurant is on the bucket list of every respectable foodie out there, but it can come at a price. This is especially true for restaurants that have earned two or three […]
With the economy still recovering from the COVID-19 pandemic, it’s no surprise that tax time can be quite stressful for small businesses. In fact, research has shown that 12 percent of business owners report […]
When the economy is good, it often seems like it will stay that way forever. But if you study history — or just live long enough — you’ll realize that future recessions are inevitable. […]
The highest-paying jobs in the U.S. are often medical professions, though careers in technology, information, and transportation are working their way into the upper ranks. Medical careers have consistently topped the list, though, and the Bureau […]