Personal Savings Rate Plunges Below 4% for First Time Since 2022: What It Means for Your Finances
The U.S. personal savings rate dropped to 3.5% in November 2025, the lowest since October 2022, as consumer spending outpaces income growth.
387 articles found for "retirement"
European Pension Funds Dump Nearly $10 Billion in US Treasuries Citing Fiscal Concerns
Sweden's Alecta has sold $8.8 billion in US Treasuries while Danish and Dutch pension funds follow suit, citing growing concerns about America's ballooning debt and policy unpredictability.
Markets Pause for MLK Day as Wall Street Prepares for Trump's Second-Year Economic Agenda
U.S. stock and bond markets close Monday for Martin Luther King Jr. Day, giving investors time to assess what Trump's second year in office might bring for portfolios.
Bessent's Balancing Act: How the Treasury Secretary Is Navigating the Powell Probe
Treasury Secretary Scott Bessent finds himself caught between loyalty to President Trump and protecting market stability as the DOJ investigation of Fed Chair Jerome Powell intensifies.
Americans Paid $160 Billion in Credit Card Interest Last Year, New CFPB Report Reveals
The Consumer Financial Protection Bureau's new report shows Americans paid $160 billion in credit card interest in 2024, with average rates near 21% and debt exceeding $1.2 trillion.
IRS Tax Season 2026 Opens January 26: New Deductions Could Boost Your Refund
The IRS begins accepting 2025 tax returns January 26, with new deductions for tips, overtime, and car loan interest potentially leading to larger refunds for millions of Americans.
The Great Housing Reset: Why 2026 Could Finally Bring Relief to Frozen Markets
Leading economists see 2026 as the beginning of housing market recovery, with affordability improving as income growth outpaces home prices despite persistent challenges.
Student Loan Wage Garnishments Resume This Month as 800,000 Borrowers Remain Stuck in Backlog
The Education Department is resuming wage garnishments for defaulted student loan borrowers while 800,000 remain stuck in a processing backlog for affordable repayment plans and forgiveness.
Private Equity's Great Unlocking: $1 Trillion Floods US Markets as Three-Year Deal Hesitation Ends
After three years of hesitation, private equity firms are deploying nearly $1 trillion in dry powder as deal activity surges 20% in early 2026, signaling a new era for M&A.
Luigi Mangione's Federal Trial Could Begin in Late 2026 as Death Penalty Battle Intensifies
Luigi Mangione faces a federal death penalty trial for the UnitedHealthcare CEO killing. His lawyers argue a conflict of interest should block capital punishment.
IRS Tax Season Opens January 26: Why This Could Be America's Biggest Refund Year Ever
The IRS opens 2026 tax filing season on January 26 with $370 billion in expected refunds. New tax breaks for tips, overtime, and seniors could boost average refunds by $1,000.
Housing Market Eyes Most Balanced Year Since Pre-Pandemic as Inventory Finally Rebounds
Housing inventory is up 20% year-over-year as the mortgage lock-in effect begins to break. Experts predict 2026 will deliver the most balanced market in a decade, with neither buyers nor sellers holding the upper hand.