Fed Announces Wide-Ranging Review of Its Practices
Federal Reserve launches wide-ranging review of how it conducts monetary policy. WASHINGTON — The Federal Reserve announced Thursday that it plans to conduct a wide-ranging review next year of the strategies and tools it uses to achieve its congressionally mandated goals of maximum employment and price stability. The Fed said the review will also examine […]
Utility Asked Last Month to Hike Bills Over California Fires
A utility facing severe financial pressure amid speculation that its equipment may have sparked a deadly California wildfire asked U.S. energy regulators last month for permission to raise its customers’ monthly bills. SACRAMENTO, Calif. — A utility facing severe financial pressure amid speculation its equipment may have sparked a deadly Northern California wildfire asked U.S. […]
YES, YOU CAN SAVE TO BUY A HOUSE AND STILL LIVE YOUR BEST LIFE
Whether you’re currently scouring the market for your dream home or it’s still a few years down the road, saving up for your first real house can seem like an incredibly daunting task. Michelle A. Alvarado, a Home Lending Officer at Citi, understands the fear that oftentimes accompanies this important life moment, but points out […]
5 key retirement planning decisions for baby boomers
The vast majority of baby boomers haven’t accumulated enough savings to fully retire at age 65 with their preretirement standard of living. That’s the sobering conclusion of recent studies from both the Stanford Center on Longevity and HR consulting firm Aon. As a result, boomers will need to either work longer, reduce their standard of living in retirement […]
About 90 percent of American men are confident they can manage money
When it comes to managing money, a lot of Americans feel like they’re on the right track. More than half of U.S. adults, according to a recent Student Loan Hero survey of over 1,000 adults, mostly between the ages of 25 and 44, say they’re confident about meeting their financial goals. And nearly all American […]
Found a home listing that claims to be a ‘bargain’? It could be — depending on where you are
In Tuscon, Ariz., when a home listing is described as a “bargain,” that’s a pretty clear indication that the price is in fact a steal. But in Cape Coral, Fla. that’s far from the case. A new report from real-estate website Trulia examined how often listings advertised as a bargain were, indeed, bargains. The analysis […]