When most people think of major stock market indexes, their minds go to the S&P 500, Nasdaq Composite, or Dow Jones because they’re the “Big…
General Motors on Tuesday announced it’s releasing a software update that allows some electric vehicle (EV) owners to send power back to the electric grid. The update allows owners of GM’s vehicle-to-home energy system, which…
For working Americans with access to a 401(k), there’s perhaps no easier way to save for retirement. You tell your employer how much money you want to contribute per year or per pay period, and that money gets deducted from your paychecks accordingly. Plus, if you’re lucky, you may not…
This story about the May 2026 CPI inflation report is developing and will be updated with more details. Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war’s impact on the energy market and across the economy.The Bureau of Labor Statistics (BLS)…
Key takeaways The unbanked have no relationship with traditional financial institutions, while the underbanked use banks but rely heavily on alternative financial services. 4.2% of U.S. households are unbanked and 14.2% are underbanked, according to the FDIC’s 2023 survey. High fees, minimum balance requirements and lack of trust are the…
The clock is ticking faster for American workers and seniors. The Social Security Administration’s newly released 2026 Trustees Report confirms that the federal retirement safety net is less than seven years away from fiscal depletion, as the Old-Age and Survivors Insurance (OASI) trust fund will completely exhaust its accumulated reserves…
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What Financial Steps Should New College Graduates Take After Graduation? It’s graduation season! As you put down your bookbags and pick up your briefcases, entering your new career fields, it’s time to get serious about…
