Spousal benefits are Social Security payments based on a spouse’s lifetime earnings record, and a spouse may receive up to half of the working spouse’s…
Walmart Inc. on Thursday raised its outlook after beating Wall Street expectations, fueled largely by strong e-commerce and higher sales across categories even as consumers remain cautious in a challenging economy. The Arkansas-based company, which…
Image: Getty Images; Illustration: Bankrate Home equity rates were unchanged in the latest week, holding at their lowest point in two years. The $30,000 home equity line of credit stayed at 7.81%, according to Bankrate’s national survey of lenders. Meanwhile, the benchmark five-year $30,000 home equity loan also didn’t budge,…
Billionaire Elon Musk is signaling that artificial intelligence and robotics could eliminate the need to work in the next few decades. Musk attended the U.S.-Saudi Investment Forum and was asked on a panel about the long-term impacts of robotics and AI on the workforce. He offered a bold prediction about the future…
While the top ten largest credit unions still hold significantly less in assets than even the top five largest banks, they have been growing considerably in recent years. Just within the last five years, total assets in federally insured credit unions have risen by approximately 45 percent over the past…
Key Takeaways: Transition Challenges: Veterans face unique financial challenges when transitioning from military to civilian life, including employment hurdles, healthcare costs, and housing instability. Employment and Economic Stability: Despite strong leadership skills, veterans often encounter unemployment or underemployment due to skill mismatches. Support from programs like VETS and the GI…
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The longest government shutdown in history has impacted the release of several key economic reports, including October inflation numbers that were due to be released on Thursday, leading to an increased focus on other gauges like…
