Personal finance

Investors should know these two risks: ‘It’s kind of like yin and yang,’ says advisor

There are two kinds of risk that investors should understand when building a portfolio: risk tolerance and risk capacity. They…

6 things to know about the job market right now: It’s ‘near-perfect,’ economist says

Both jobseekers and policymakers can take solace in the current state of the U.S. job market, according to labor economists.…

Student loan interest resumes Sept. 1. What that means for subsidized vs. unsubsidized debt

Interest will start accumulating on student loans again starting Sept. 1, following a pause on interest accrual that has lasted…

8 easy — and cheap — ways to cut your carbon emissions

Most Americans see climate change as a major threat. But income level seems to guide one’s willingness or ability to…

Why it’s hard to find an inexpensive new car these days — just one model has an average price below $20,000

It’s getting harder to find new, cheap cars, according to auto experts. Consider this: In July, just one car model…

Wells Fargo repays clients $40 million for excessive investment advice fees

Wells Fargo paid back $40 million to almost 11,000 customers who for years were overcharged on fees for investment advice,…

31% of investors are OK with using artificial intelligence as their advisor

Nearly 1 in 3 investors would use artificial intelligence as their financial advisor, a new survey suggests — and that…

Higher interest rates, inflation push Gen Z investors to trade stocks on emotion. That may be bad, experts say

Almost 9 in 10 young investors have actively traded stocks this year due to higher interest rates and inflation, according…

If you found gold coins, meteorites or cash stuffed in a piano, the tax man wants a piece

Consider this a public service announcement for all treasure hunters: Uncle Sam wants a piece of your loot. Someone who…

Are U.S. seniors among the developed world’s poorest? It depends on your point of view

The U.S. retirement system is a sprawling complex, a so-called “three-legged stool” of Social Security payments, workplace savings plans and…