Lordhenrivoton | E+ | Getty ImagesThe first Trump administration opened the door to allow private equity into workplace retirement plans. Now, private equity firms are working to play a bigger role in workers' portfolios, which experts say has potential risks and rewards for investors. "It's a train that's already been...
A "Do not cross" sign is illuminated at a crosswalk outside of U.S. Capitol building in Washington, US, November 10, 2024. Hannah Mckay | ReutersThe Trump administration emailed more than 2 million federal workers this week, giving them the option to resign now and get pay and benefits through Sept....
Inflation, job concerns, and already high interest rates are putting the squeeze on many American consumers.Now, even high earners, defined as people with incomes of $150,000 or more, are showing signs of stress. These borrowers are increasingly having trouble meeting payments on credit cards, auto loans and mortgages.The delinquency...
The vast majority of parents agree it's critical that their children learn about investing, but few feel completely confident in their ability to teach their kids how to do it, according to a new survey conducted for the SIFMA Foundation, a non-profit focused on financial education.Only 22% of parents...
Voters wanting to cast an early vote line up outside the Elena Bozeman Government Center for a polling station to open in Arlington, Virginia, on September 20, 2024. - | Afp | Getty ImagesDecision-making around the November election isn't limited to who voters plan to choose at the ballot...
Housing is the most considerable expense for U.S. consumers — and while high rents and home prices are obstacles to saving for potential homebuyers, access to affordable credit is another significant roadblock. An estimated 50 million Americans are "credit invisible," according to a 2022 fact sheet from the Office of...
Stacey Hachenberg, left, and her partner, Sharon Fleming, right, review long-term care options with the help of Fleming's daughter, Alexa Fleming, center.Van Applegate, CNBCAlmost three-quarters — 70% — of people turning 65 will need long-term care in their lifetime, according to a report by the Urban Institute and the...