Conflicts of interest may be costing retirement savers $5 billion a year in fixed-index annuities, an investigation found.
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Buying a home is expensive. And so is owning one. In the era of high mortgage rates and soaring expenses, is homeownership still worth it?
The US homeowners insurance segment took a $15.2 billion net underwriting loss last year, the worst loss this century.
Across the globe, a record 128,000 millionaires are expected to relocate this year, according to a new report.
The filing highlights the importance of eliminating bias in AI-powered financial platforms.
Impersonation frauds were the most common scams reported to the FTC in 2023, accounting for $2.7 billion in losses.
The percentage of US employees who think their financial well-being is good or excellent rose to 47%, up from 42% a year ago.
Spending by older affluent Americans is helping grow the economy. But it’s also contributing to a delay in the Federal Reserve cutting rates.
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.
Amid an increase in severe weather events, homeowners insurance rates in the US are skyrocketing toward record highs.
Larry Fink said that retirement is a “much tougher proposition” than it was 30 years ago.
US citizens under 40 took some of that pandemic fiscal stimulus and plowed it into a booming stock market.
The biggest four banks in the US all saw their customers boost spending in 2023, as delinquencies rise in turn.
Empty-nest Boomers have been reluctant to sell their larger houses, which is making it hard for younger families to find starter homes.
In 2022, 58% of Americans held stocks, according to a recent poll from the Federal Reserve. It’s the highest mark ever.
Visa wants to make a one-size-fits-all blockchain.