Personal Finance

Exclusive news, analysis, and commentary on developments that can affect your own financial and tax planning.

Personal Finance

The Small Business Bankruptcy Surge is a Race Against the Clock

Photo by Melinda Gimpel via Unsplash

A special $7.5 million debt threshold for filing is due to expire in June, when it will revert to the previous $2.7 million limit.

2 min read
Markets

US Home Insurance May Reach Record High

Photo by Wes Warren via Unsplash

Amid an increase in severe weather events, homeowners insurance rates in the US are skyrocketing toward record highs.

2 min read
Personal Finance

BlackRock’s CEO Says the US Retirement System is Archaic

Photo by Towfiqu Barbhuiya via Unsplash

Larry Fink said that retirement is a “much tougher proposition” than it was 30 years ago.

2 min read
Personal Finance

Young Americans’ Wealth-Building Has Outpaced Everyone Else Since Covid

Photo by Alexander Grey via Unsplash

US citizens under 40 took some of that pandemic fiscal stimulus and plowed it into a booming stock market.

1 min read
Personal Finance

Today’s Consumer: Bigger Credit Card Debts, Smaller Bank Deposits

Photo by Rann Vijay via Pexels

The biggest four banks in the US all saw their customers boost spending in 2023, as delinquencies rise in turn.

2 min read
Real Estate

Older Homeowners Are Staying Put, Freezing Out Young Families

Photo by Avi Waxman via Unsplash

Empty-nest Boomers have been reluctant to sell their larger houses, which is making it hard for younger families to find starter homes.

2 min read
Personal Finance

More Americans Than Ever Own Stocks

Photo by Jason Briscoe via Unsplash

In 2022, 58% of Americans held stocks, according to a recent poll from the Federal Reserve. It’s the highest mark ever.

1 min read
Patent Drop

Visa’s Blockchain Efforts Could Give The Tech Better Reputation

Photo by Shubham Dhage via Unsplash

Visa wants to make a one-size-fits-all blockchain.

2 min read