Westend61 | Westend61 | Getty ImagesExperts have been pointing to a coming downturn for the U.S. economy. The question was when.Now, however, some firms and experts are walking back those predictions, calling into question the validity of once-trusted recession indicator known as the yield curve inversion."While it is true...
A Miami supermarket in July 2023.Joe Raedle | Getty Images News | Getty ImagesThe forecast for the post-pandemic U.S. economy once called for a recession. Now many experts are backing off those predictions.In the latest about-face, 69% of economists surveyed by the National Association for Business Economics, or NABE,...
Moyo Studio | E+ | Getty ImagesSocial Security benefits provide retirement income for millions of Americans.Because the timing of your claim may impact the size of the benefits you receive, it's a high-stakes decision. And the results may also affect your spouse or dependents.But sifting through Social Security's claiming...
Simon Potter | Getty ImagesWhen it comes to stocks, investors face a big question: How much exposure is enough?For investors already in retirement, how well they answer that question may have big consequences for how well they reach their goals."About 37% of boomers have more equity than we would...
Artistgndphotography | E+ | Getty ImagesWhen it comes to retirement savings, the gap between the haves and the have-nots has widened, according to a new report from the Government Accountability Office.The median retirement account balance for high-income households was nine times that of middle-income households in 2019 — $605,000...
Eyecrave Productions | E+ | Getty ImagesWhen it comes to living and retiring comfortably, Americans have some big numbers in mind for what they will need.Blame high inflation, which peaked at an annual rate of 9.1% in June 2022, according to consumer price index data.While the pace of price...