Personal finance

Americans’ buying power rose for first time since March 2021 amid falling inflation

Workers saw their buying power grow in May for the first time in two years, as inflation continues to fall…

4 ways ‘anchoring bias’ can hurt you financially

Humans use mental shortcuts in everyday life to help process information and make speedy decisions. But they can lead to…

House GOP retirement fund bill takes aim at ESG investing

House Republicans are continuing their attempt to pump the brakes on so-called “woke” investing with new legislation that could place…

Biden plugs pro-union record, economic agenda at his first major 2024 campaign rally

President Joe Biden on Saturday marked the first major event of his 2024 reelection campaign with a union rally, highlighting…

Why Charles Schwab became a financial ‘supermarket’

Charles Schwab Corp. is the largest publicly traded brokerage business in the United States with $7.5 trillion of client assets,…

‘We’re all crazy when it comes to money,’ advisor says. How to manage your psyche for better finances

Human psychology and money don’t mix well. Left unchecked, our psyches can easily sabotage financial decision-making, behavioral experts said during…

The rich often misjudge the potency of their retirement savings, report finds

Many Americans are mistaken about their financial preparedness for retirement. But overconfidence skews higher for the wealthy than for others,…

Using cash like a millionaire may not make sense for most investors. Here’s why

Millionaires moved money out of stocks into cash and cash-like investments in the past year and may add to those…

Crypto is Gen Z’s most common investment. That may be risky, experts said

Cryptocurrency is the most common investment held by Gen Z investors, a trend likely fueled by the cohort growing up…

Use this 401(k) investing strategy to calm your market jitters

Investors who are skittish about the ups and downs of the stock market can borrow an easy 401(k) investment strategy…