Over the last 50 years, Americans have eradicated smallpox, reduced infant mortality rates and deaths from heart disease by around 70%, added a decade to the average American’s life and invented the internet. When it comes to the national poverty rate, however, we’ve made almost no progress. In 1970, a little more than 12% of
Personal finance
Recent bank woes and rising interest rates have prompted higher levels of economic uncertainty. When it comes to the markets, that means more volatility may be in the forecast. Volatility happens when the value of an investment “fluctuates wildly in a short period of time,” according to the Financial Industry Regulatory Authority. “In the months
Digital artist FEWOCiOUS auctions five NFT works of art, along with five physical paintings and drawings at Christie’s on June 28, 2021 in New York. Noam Galai | Getty Images Entertainment | Getty Images The IRS said it plans to tax some non-fungible tokens, or NFTs, as collectibles akin to art or gems — an
Prostock-studio | Istock | Getty Images It’s a strange time for people with federal student loan bills, which means that their experience with this year’s tax season will likely also be unusual. The Biden administration’s plan to cancel up to $20,000 in student debt for tens of millions of Americans is on hold until the
Photographer: Samuel Corum/Bloomberg via Getty Images President Joe Biden used his first veto to preserve a recent U.S. Department of Labor rule about investment choice in 401(k) and other workplace retirement plans. The regulation, which took effect in January, applies to so-called “environmental, social and governance” funds. These ESG investments — also known as sustainable
Tetra Images | Tetra Images | Getty Images The recent banking crisis has fueled concern of a “credit crunch” and the resulting negative impact on households, businesses and the U.S. economy. But what is a credit crunch and how might you prepare? Loans would be tougher to get related investing news Demand for Fed help
PeopleImages | Getty Images Contemplating your own death may not be on the list of things you’re eager to do. Yet for your family or other loved ones who would find themselves trying to sort out your affairs while also dealing with the emotional fallout from losing you, your having a so-called estate plan is
When it comes to college these days, students are more concerned about how they will pay the tab than they are about getting in, according to a recent survey of college-bound students and their families. Higher education already costs more than most families can afford, and college costs are still rising. Tuition and fees plus room and board
A protest sign outside the Supreme Court in Washington, D.C., on Feb. 28, 2023. The Washington Post | The Washington Post | Getty Images There’s no precedent in recent history for the sweeping federal student loan forgiveness policy President Joe Biden is trying to carry out. A look at the math of the program shows
Skynesher | E+ | Getty Images For some young adults, retirement is so far away that it can feel absurd to put part of their income in an account that they can’t tap for decades. “They want to invest but can’t envision not being able to touch it until age 59½,” said Winnie Sun, co-founder
In this article SBNY Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg | Bloomberg | Getty Images Some consumers who tried to deposit an Equifax settlement check in recent days got a surprise: It bounced. The checks, a result of a legal settlement over the credit-reporting firm’s 2017 data breach, were written against an account at
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