News
Gen Z expected to overtake boomers in workforce next year—here’s what employers need to know
Over 17 million zoomers are participating in the U.S. labor force
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‘Misery index’ approaches lowest level since pre-Covid, but are Americans happy?
When measuring financial well-being using inflation and unemployment, Americans should be more content than they are, experts say
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The upside of recession? Mortgage rates plunge to 15-month lows
Mortgage rates are “moving ahead of the Fed," banking on large rate cuts in September
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JPMorgan: We are in ‘selective recession’ that only affects poorest Americans
JPMorgan sounds the alarm on a deepening divide between the wealthiest and poorest Americans.
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Regional banks sell underwater bonds, betting on Fed rate cuts
Regional banks are taking on billions in losses reshuffling bond portfolios in anticipation of rate cuts
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Homebuyers face record down payments as Fed backs off on rate cuts
Rising home valuations are fueling higher down payment sizes, and lower-tiered homes are getting hit with the brunt of the increase
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The dangerous rise of ‘phantom debt’
The explosion of "buy now, pay later" financing may be an overlooked economic canary in the coal mine
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Harvard economist: Expected interest rate cuts this year are a 'pipe dream'
Anything more than two or three rate cuts by the Fed is wishful thinking, according to Kenneth Rogoff
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Can natural disasters set off a full-fledged banking crisis?
Banks aren’t even on anyone’s risk list
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College students return to school with more debt—and no help on the way
Average tuition has nearly tripled since 1980, all while college endowments are growing into the tens of billions of dollars
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Americans becoming more fearful about quitting their jobs
Major corporations are laying off workers by the thousands, leading some to question whether they're next
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Only 2.5% of U.S. homes changed hands this year, Redfin says
Turnover in the U.S. housing market is the lowest it has been in more than three decades
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Nearly 1 in 2 Americans don't have emergency fund, but they may have legitimate excuse
Psychologists say there may be a legitimate reason why so many Americans struggle to build a basic emergency fund
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Congress introduced bill that would hold colleges responsible for student debt
The College Cost Reduction Act seeks to flip the script on student loan forgiveness
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60% of the global economy is in for a ‘lost decade’ due to record debt
Developing countries will have a hard time breaking the vicious cycle of debt and poverty, World Bank economists warn
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Mortgage rates could drop below 5% in the new year—here's what historically happened next
Homebuyers can take solace in knowing that mortgage rates have likely peaked. But will housing affordability improve?
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A million simulations predict a dire ending to America’s debt problem
From Wall Street to Main Street, a growing chorus of experts say Washington’s current borrowing habits are unsustainable
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Millennials are 300% richer than they were in 2016, but there’s a catch
Millennials are no longer the “lost generation,” but their newfound wealth comes with anxiety
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Credit card interest rates are the highest they’ve ever been—here’s why
Don't blame the Fed for your record credit card bills
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Average U.S household can afford only cheapest 16% of listed homes
A lesser-known statistic shows just how bad housing affordability has gotten for the average American
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