Passive Investing in Volatile Markets: Experts Weigh In
Investors often hear that despite market crashes, stocks tend to go up over time. But tell that to investors watching their portfolios decline.
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Consumers Still Have $1.3 Trillion in Extra Spending Power: Morning Brief
Despite inflation’s negative impact on purchasing power and sentiment, consumer spending growth continues to be remarkably resilient.
Goldman Sees More Selling in US Stocks by Households in 2023
Strategists say households and foreigners could sell US stocks valued at $100B next year, after making net purchases of similar magnitude in 2022.
More Americans Are Stuck With Long-Term Credit-Card Debt
More US consumers are saddled with credit-card debts for longer periods of time struggling to pay down amid high inflation and rising interest rates.
Congressional Bill Could Bring RMD Age Hikes & Retirement Aid For Student Borrowers
House of Reps tweaks the laws around tax-advantaged retirement accounts. Particularly good news for two groups: late retirees and graduates.
Student Loan Forgiveness Will Wipe Out Debt for One-Third of Borrowers: BofA
Large number of households potentially eligible via income and size of debt, many borrowers could see a large chunk of total student debt forgiven.
U.S. Gasoline Prices Fall to Pre-Ukraine Invasion Levels
U.S. wholesale gasoline prices fell to lowest levels since before Russia's invasion of Ukraine on Wednesday.
