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Only 19% of women workers are “very” confident that they will be able to fully retire with a comfortable lifestyle, according to 23 Facts About Women’s Retirement Outlook, a survey report released today by nonprofit Transamerica Center for Retirement Studies in collaboration with Transamerica Institute.  

As the Federal Reserve continues to hold on raising rates, you can still get the highest yielding five-year CD yields in more than a decade right now. The Fed's rate decisions indirectly affect CD yields. The recent slow down in rate increases is the main reason why CD APYs between the two- and five-year terms are peaking around now, says Greg McBride, CFA, Bankrate…

The New Jersey Attorney General's Office on Monday announced a state grand jury indicted George Bussanich Sr., 65, of Park Ridge, and George Bussanich Jr., 43, of Upper Saddle River. State prosecutors say both men used a "fix and flip" scheme of homes in Ship Bottom, Manahawkin and Surf City. An investigation was done by the Securities Fraud and Financial Crimes…

–Abacus Life, Inc., a leading buyer of life insurance policies and vertically-integrated alternative asset manager specializing in specialty insurance products, today announced the launch of its new wealth division, ABL Wealth, powered by Dynasty Financial Partners, one of the country’ s leading wealth management platforms for independent wealth…

NEW YORK- Wall Street roared higher again on Thursday with hopes the Federal Reserve may finally be done with its market-rattling hikes to interest rates. More importantly for financial markets, investors also took comments by the Fed's chair to mean that recent jumps in longer-term Treasury yields were acting like rate-hike substitutes and could obviate…

–When you think about net worth, some of the world's wealthiest people may come to mind, like Jeff Bezos or even Oprah. The Federal Reserve released its Survey of Consumer Finances in October, outlining the average net worth of Americans by age– so you can see how you stack up to your peers. According to the Federal Deposit Insurance Corporation, net worth is your…

OMAHA, Neb.- Warren Buffett's company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns- particularly the insurers- generally performed well. Berkshire Hathaway said Saturday that it lost $12.8 billion, or $8,824 per Class A share, in the quarter. That's significantly bigger than the…
image of three generations, child, mother and grandmother, together in the kitchen.

U.S. adults who are part of the Sandwich Generation, defined as those who care for both children and aging loved ones, are skewing increasingly Millennial and male compared to 2020, according to findings from a special edition of New York Life’ s Wealth Watch survey focused on the Sandwich Generation. However, women caregivers continue to report carrying a…

“A lot of macroeconomic indicators are pointing to a big slowdown in spending,” says Jeff Galak, associate professor of marketing at Carnegie Mellon University’ s Tepper School of Business. Signs include record-high consumer credit card debt— balances reached over $1 trillion in the second quarter of 2023, according to the Federal Reserve Bank of New York— a…

Oct. 30— An Atlanta area man described as a friend of John J. Woods, the former Chattanooga businessman who has pleaded guilty to a wire fraud charge related to a Ponzi scheme, is accused by federal regulators of aiding the alleged activity. (c) 2023 the Chattanooga Times/Free Press. Visit the Chattanooga Times/Free Press at www.timesfreepress.com.

Attorney General Ken Paxton's long-delayed trial on securities fraud charges has been set for April 15. State District Judge Andrea Beall scheduled the trial during a hearing Monday morning in Houston. Dan Patrick presided over that trial and has faced intense criticism for taking $3 million from a pro-Paxton group in the lead-up to the trial.