Personal finance

How the Federal Reserve’s rate policy affects mortgages

The Federal Reserve lowered its interest rate target three times in 2024. This has many Americans waiting for mortgage rates…

ETFs will soon beat mutual funds among advisor holdings: Report

Violetastoimenova | E+ | Getty Images Financial advisors will soon — and for the first time — hold more of…

Why new retirees may need to rethink the 4% rule

Laylabird | E+ | Getty Images A popular retirement strategy known as the 4% rule may need some recalibration for…

More than half of Gen X parents worry about supporting their adult kids, survey shows

Financial planning. Budgeting. Expense tracking. Profit and loss analysis. Data analysis. Spreadsheet software. Productivity. Efficiency. Financial literacy. Personal finance. Business…

Here’s how to retire a millionaire, according to finance pros

Goran Babic | E+ | Getty Images Building a $1 million nest egg may seem an impossible feat. However, amassing…

Here’s the inflation breakdown for November 2024 — in one chart

Hispanolistic | E+ | Getty Images Consumers saw inflation pick up slightly in November as price increases in categories including…

Trump tariffs would add costs for consumers, economist says

Peter Kramer/NBC via Getty Images U.S. consumers would likely see prices increase if President-elect Donald Trump follows through with a…

The U.S. job market is stagnant right now

Rudi_suardi | E+ | Getty Images The U.S. job market has been stagnant of late, a dynamic that contains both…

Treasury may fine small businesses up to $10,000 if they don’t file this report

Treasury Secretary Janet Yellen following a tour of the Financial Crimes Enforcement Network (FinCEN) in Vienna, Virginia, on Jan. 8,…

More employers add 401(k) plan match for workers paying student loans

Morsa Images | Digitalvision | Getty Images Companies can now offer their workers a “match” on their student loan payments…