Finance

Lawmakers are ‘demeaning their role’ by trying to influence the Fed, House finance chair says

Rep. Patrick McHenry, R-N.C., sharply criticized other politicians on Tuesday for making public comments about what the Federal Reserve should…

Planning to delay retirement may not rescue you from poor savings

Planning to work longer is a popular escape hatch for Americans who feel they’ve saved too little to support themselves…

Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger

Latinas are making substantial contributions to the U.S. economy. The female Hispanic population contributed $1.3 trillion to gross domestic product…

FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle

The Federal Deposit Insurance Corp. on Tuesday proposed a new rule forcing banks to keep detailed records for customers of…

This is the ‘billion-dollar blind spot’ of 401(k)-to-IRA rollovers, Vanguard finds

Many investors unknowingly make a costly mistake when rolling their money from a 401(k) plan to an individual retirement account:…