In response to soaring housing costs exacerbated by the pandemic, the Biden administration, led by Treasury Secretary Janet Yellen, has unveiled a series of initiatives aimed at increasing access to affordable housing.

Jun 25, 2024 08:27 PM EDT

Reaching the top 1% in terms of net worth is a significant marker of financial achievement. According to Financial Samurai, as of 2024, an annual income of $650,000 is the threshold for consistently being in the top 1% across all ages.

Jun 22, 2024 08:00 PM EDT

Cash stuffing has gained popularity among Generation Z, largely due to social media platforms like TikTok. However, the idea itself is far from new.

Jun 22, 2024 07:00 PM EDT

The current economic environment, characterized by elevated interest rates and persistent inflation, has left many individuals grappling with mounting credit card debt.

Jun 22, 2024 10:01 AM EDT

Citi analysts predict oil prices will reach their highest point this summer before experiencing a significant drop in 2025.

Jun 21, 2024 10:07 PM EDT

Homeownership brings with it not only the joys of having your own space but also the responsibility of maintaining and improving it.

Jun 21, 2024 10:07 PM EDT

Investing in gold presents an opportunity to enhance your portfolio's performance. Gold serves as a hedge against market volatility and can diversify your investment holdings, potentially improving overall risk-adjusted returns. However, success in gold investment hinges on making informed decisions.

Jun 21, 2024 10:07 PM EDT

This summer, as temperatures climb, American households are bracing for higher cooling expenses

Jun 21, 2024 10:06 PM EDT

Experts and recent data suggest that Donald Trump’s potential reelection could significantly impact the U.S. housing market, which is currently facing high mortgage rates and escalating home prices.

Jun 21, 2024 10:06 PM EDT

The amount of money you should keep in your checking account depends on your individual circumstances.

Jun 21, 2024 10:06 PM EDT

The United Arab Emirates (UAE) is on track to maintain its position as the world's top destination for wealthy individuals for the third consecutive year.

Jun 21, 2024 10:06 PM EDT

Despite recent inflation data indicating signs of easing, the Federal Reserve has maintained its stance on interest rates for nearly a year. This stability in interest rates continues to impact many Americans who have accumulated debt, either due to inflation's impact on their budgets or spending mistakes.

Jun 21, 2024 10:05 PM EDT

As the 2024 presidential election approaches, President Joe Biden and former President Donald Trump have outlined distinctly different economic plans to appeal to voters. Trump's agenda focuses on expanding his 2017 tax cuts, enforcing strict immigration controls with mass deportations, imposing tariffs on all U.S. imports, and dismantling Biden's clean energy initiatives.

Jun 21, 2024 10:00 PM EDT

Over 18 million Americans reside in houses where their monthly expenses exceed what is deemed to be a stable financial situation.

Jun 21, 2024 10:00 PM EDT

This month marks the oldest members of Generation X to hit 59 1/2, the earliest age at which employees can begin taking early withdrawals from their accounts without incurring penalties.

Jun 19, 2024 03:17 PM EDT