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Americans’ financial health reached its highest level in nearly a decade last year, the Federal Reserve said Monday, spurred by a strong job market and government support payments. Contractor’ s criticism puts Shell in spotlight over its‘ double talk on climate’. A longtime contractor for Shell has publicly called out the oil and gas company’ s climate plans,…

Ah yes, spring is in the air. The flowers, the lawn that needs mowing, the allergies. The Federal Reserve's recent report on the economic well-being of U.S. households indicated that 64 percent of all adults in November 2020 would have been able to cover an unexpected expense of $400 with cash, savings, or a credit card paid off at the following statement.

El Salvador, trying to get the jump on other nations, decided it could make a splash on the world scene by being the Bubba of Bitcoin. In other words, El Salvador took its entire economy to Las Vegas and put it on red. Actually, El Salvador is lucky.

About 1 in 8 Gen Xers and baby boomers say they've postponed or considered postponing retirement due to inflation, according to a March 2022 survey by the Nationwide Retirement Institute. "We've had conversations with multiple clients in the last six months," says Mark Rylance, a certified financial planner in Newport Beach, California. "In the simplest terms, if a…

–The traditional advice is to hold on to investments during turbulent times but a new MagnifyMoney survey finds that some investors are going against the experts. Due to the current events of the past year, nearly 40% of investors say they have pulled money from the stock market, with many regretting their knee-jerk reaction. "Time is the ultimate weapon when it…

If you reach retirement with a significant amount of assets, you've done a great job of saving and investing. But now comes another challenge— making that money last. You might think that this task, as important as it is, won't be as hard as accumulating the money in the first place.
Americans are struggling with retirement goals, planning. But they are seeking financial help, surveys show.

Nearly half (42%) of American households with $500,000 to under $2 million have four or more financial relationships, up from 36% of households in 2020, a new survey finds.

Rising inflation has been bad for consumers, with the escalating cost of gas, groceries and rent causing people on the financial edge to struggle even more. But for investors with money to spare and who are looking for safety, inflation has been good for Series I Bonds, which the Treasury Department announced will be paying 9.62 percent until the end of October.

Low interest rates, investors’ ongoing search for yield, and strong acquisitions activity continue to create a supportive environment for real estate financing and alternative lenders across the globe, contributing to a record $22.38 billion in worldwide originations last year for PGIM Real Estate, the real estate investment and financing business of…
U.S. workers are unhappy and filled with stress, a new survey finds.

MetLife’s 20th annual U.S. “Employee Benefit Trends Study” finds that job satisfaction at a low point among U.S. workers. The least satisfied workers are “zillennials,” a micro-generation that was born between 1993 and 1998.

TAMPA, Fla.— It started with COVID-19. Typically, the United States acknowledges a recession when four main factors drop. Historically, the National Bureau of Economic Research, a private non-profit, tracks these factors using data from the U.S. Bureau of Labor Statistics and the Federal Reserve.

The Federal Reserve is meeting Tuesday and Wednesday, and all indications suggest that the central bank will hike interest rates by half a percentage point, double the increase it implemented the last time policymakers met, in mid-March. Winnie Cisar, the global head of strategy at CreditSights, said a lot of companies have taken advantage by refinancing their…
Financial education programs are proving beneficial for employees and employers both.

An increasing number of employers are offering financial-wellbeing programs to their employees as they seek to improve overall worker satisfaction, reduce financial stress, increase productivity, and make improvements to retirement plans and other employee-benefit programs.

Dear Liz: In preparing my 2021 tax returns, I was dismayed to find out that my first required minimum distributions from my retirement account have pushed me into the highest tax bracket ever in my life and caused 85% of my modest Social Security benefit to become taxable. Since I retired five years ago at full retirement age, I never had to pay taxes on my Social…