Luke Chan | E+ | Getty ImagesAlmost half — 46% — of 401(k) investors don't know what investments are in their workplace retirement plan, according to a new CNBC Your Money Survey, conducted by SurveyMonkey.But that's not necessarily bad news, financial advisors said.That's because most employers that offer a...
John M Lund Photography Inc | Digitalvision | Getty ImagesMost Americans will have to rely on their savings to fund their retirement, but financial stress makes it hard for many workers to save.A new CNBC Your Money Survey conducted by SurveyMonkey found that 74% of Americans are feeling financially...
When it comes to earning a decent yield on their savings, consumers may wonder: Should I choose a money market fund or a high-yield savings account?The purpose of each is similar. They generally serve as repositories for emergency funds or savings earmarked for the short term, perhaps to buy...
FG Trade | E+ | Getty Images"Know your worth," career experts often say.But when it comes to salary expectations, American workers are already setting the bar high.What some labor economists are calling a "near-perfect" job market has helped propel the amount of money most job applicants would accept to...
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...
Gary Burchell | Getty ImagesMore couples are becoming homeowners before tying the knot.Unmarried couples make up 18% of all first-time homebuyers, up from just 4% in 1985, according to a 2022 report by the National Association of Realtors.The organization mailed out a survey in July 2022 and received a...
Monty Rakusen | Digitalvision | Getty ImagesCommodities aren't for everyone, as they can be tricky investments.But for individual investors willing to learn the basics and accept volatility, a judicious allocation can make sense. This can diversify traditional portfolios of stocks and bonds, hedge against geopolitical risk and protect against...
Whenever you're traveling somewhere by plane, you have to pack, get to the airport, go through security, find your gate and — in the last step before you can finally relax while being taken to your destination —board the aircraft."Boarding is one of the most difficult parts of air...
The U.S. Department of Education in Washington, D.C.Caroline Brehman | CQ-Roll Call, Inc. | Getty ImagesThe Biden administration announced on Wednesday it would forgive $72 million in student debt for more than 2,300 borrowers who attended Ashford University.The aid will go to students from the online for-profit school based...
As the U.S. Department of the Treasury and IRS roll out proposed regulations for crypto tax reporting, experts say it's critical for investors to accurately report and track activity.Stemming from the 2021 federal infrastructure bill, the agencies on Friday unveiled the long-awaited tax reporting proposal for cryptocurrency, non-fungible tokens...