Black Americans were most affected by the 2009 recession.
It's been a decade since the worst financial crisis since the Great Depression, and blacks still haven't fully recovered financially, leaving them unprepared if another recession hits.
Federal Reserve Chairman Jerome Powell speaks at a news conference.
AP Photo/Alex Brandon
The Fed abruptly ended two years of aggressive interest rate hikes, signaling the longest economic expansion on record may be coming to a close.
More elderly people may soon be pinching pennies.
Americans are increasingly struggling to save enough for retirement. If Social Security isn't saved, growing old in poverty will likely become more common.
Democrat Nancy Pelosi spoke in D.C. the night of the midterm elections.
As House Democrats prepare their agenda for the next two years, dealing with America's massive fiscal gap should be at the top of their list.
In some ways winning is the easy part.
A lucky South Carolinian may soon have a windfall of more than $1.5 billion. Academic research has some suggestions about what the lucky person should do next.
Instead of fighting other countries, we should be fighting our overflowing landfills.
Trump's plan to slap $200 billion more in tariffs on Chinese goods is premised on yesterday's waste-fueled economy. Tomorrow's economy is 'circular.'
An employee counts Russian ruble banknotes.
Global travelers are being increasingly asked if they want to pay for local purchases in terms of their home country currency. Here's why you should resist the strong temptation to do so.
‘I don’t even know how much this is going to cost.’
New research shows that many adults across the world are financially illiterate and unable to complete even basic mathematical calculations.
There are plenty of opportunities when you are out shopping to include your child in discussions about financial decisions.
Learning about real-life money decisions from a young age helps kids learn maths and improves their financial literacy.
Work placements are leaving many students with high debts.
Two million Australians don’t have the financial resilience to pay unexpected bills.
A new report finds two million Australians lack the resources to bounce back when difficult circumstances arise.
Most of us think we’re poorer than we actually are.
Piggie bank via www.shutterstock.com
Do you procrastinate about taking care of financial matters in your life? Recently a fascinating article about financial procrastination appeared online. The author publicly admitted that “after years…
Lots of junk mail and telemarketing calls can mean that you are a prime target for fraud. But are these crimes reported…
Loose regulation in the UK and elsewhere have left big banks vulnerable to crises.
The most interesting aspect of the United Kingdom’s Financial Service Authority’s exhaustive review of the failure of the Royal Bank of Scotland (RBS) is contained in the foreword, penned by the organisation’s…
Crime is costing Victorians at least $9.8 billion a year, and fraud is hitting taxpayers the hardest. Monash University’s…
Money can’t buy love, according to a study conducted by US university, Brigham Young University. Research shows couples who…
The proportion of Australians ‘saving for a rainy day’ has gone up, but the proportion of those saving for an investment property has fallen, the survey found.
The proportion of Australians saving their pennies has risen since June, but householders still have not recovered completely…
Nicolas Sarkozy and Angela Merkel believe an FTT can help solve Europe’s debt woes.
French President Nicolas Sarkozy and German Chancellor Angela Merkel have announced a plan to impose a financial transactions tax (FTT) for the Eurozone, as part of an effort stem the bloc’s worsening…
The median expected inflation rate dropped this month compared to July, most likely driven by the economic turmoil in the US and Europe, as well as the domestic stock market.
Consumers have softened their expectations on price rises, with a new survey showing that more people this month think inflation…
Most families with at least one child say they are ‘comfortable’ with their finances at just under $80,000, according to latest figures from the Melbourne Institute of Applied Economic and Social Research.
Flickr, Meredith Farkas.
Most families say they would feel comfortable living on an annual household income of just under $80,000 according to new…