Adamkaz | E+ | Getty ImagesStock market volatility could increase in the run-up to the U.S. presidential election, strategists predict. That's making some investors more anxious about what the election outcome could mean for their money. In a survey by the American Psychiatric Association this spring, 73% of people said...
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...
Young family with a baby boy going over finances at home.Pekic | E+ | Getty ImagesInflation is still causing financial stress for most Americans, and surveys show that many people also blame a lack of savings and mounting credit card debt for their anxiety over their finances. Earning greater income...
Tanaonte | Istock | Getty ImagesThe future of a Federal Trade Commission ban on noncompete agreements, scheduled to take effect this fall, is unclear after a preliminary ruling from a federal court last week.Nearly one in five Americans are subject to a noncompete agreement, an estimated 30 million people,...
Hill Street Studios | Digitalvision | Getty ImagesThe perceived benefits of financial education are so great that in a 2022 survey from the National Endowment for Financial Education, more than 85% of Americans polled said learning about personal finance should be a requirement to graduate from high school.Lawmakers have...
Americans with about 10 years to go before reaching retirement age are "critically underprepared," according to a new study by Prudential.The study found that 67% of 55-year-olds surveyed said they fear they will outlive their savings, compared with 59% of 65-year-olds and 52% of 75-year-olds. To that point, with...
Moyo Studio | E+ | Getty ImagesWith half of 2024 in the rearview mirror and the second half on the horizon, you may be able to give yourself a pat on the back for sticking to the financial goals you set at the start of the year — or,...
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...
Prostock-studio | Istock | Getty ImagesPoor performance may drive some people to break up with a financial advisor, but judging an advisor's results is not only about the profits, or lack thereof, on your investments. Often, it is about trust, some experts say."The No. 1 reason people tend to...
Civilians board a train as they flee Russia's invasion of Ukraine, in Odessa, Ukraine, March 9, 2022.Alexandros Avramidis | ReutersWithin hours of Russia's attack on Ukraine in 2022, the country's financial system began to show signs of strain. As banks swiftly shut down, the Ukrainian economy quickly spiraled into...