Americans’ financial health slid by some measures in 2022 amid rising consumer prices, the end of pandemic-era government benefits, and even a return to riskier alternative financial services like tit...
Tag: ethnic minorities
Why ‘work longer’ isn’t great retirement advice
Financial planners typically advise you to work for as long as you can, so you can juice up your retirement savings while holding out for a fatter Social Security check. But such advice presumes that ...
Is the Stock Market Open Today? Here Are the Hours for Columbus Day 2022.
Columbus Day arrives this year after investors navigated choppy waters last week. The S&P 500 marked its largest two-day gain since April 2020 on Tuesday, after a weak ISM manufacturing activity r...
Warren Buffett Runs Berkshire Hathaway Like It’s the 1960s.
In some important respects, CEO Warren Buffett runs Berkshire Hathaway like it’s the 1960s, when he took control of the company. CEO and board pay remain at 1960s levels. Top executives are paid entir...
Bank of America draws mixed reviews for zero-down-payment mortgages aimed at boosting Black and Hispanic home ownership
Bank of America Corp. is drawing a mixed reaction in social media to a zero-down-payment mortgage program aimed at bringing first-time home ownership within closer reach of more African American and H...