As the New Year approaches, many households are placing a renewed focus on managing their personal finances. A recent survey conducted by Allianz Life highlights that around 38% of Americans prioritize financial stability above all else for 2025. With this in mind, certified financial planners have shared crucial resolutions that households should adopt to foster
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The end of 2024 has painted a complex picture for the housing market; while there’s a notable increase in available properties, lingering inventory poses challenges for both buyers and sellers. This juxtaposition raises important questions about the direction of the market amid shifting economic conditions and consumer behaviors. As 2024 wraps up, reports indicate that
In an impressive display of resilience, Affirm, a notable player in the buy now, pay later (BNPL) sector, recently released its fiscal first-quarter results, surprised analysts, and positioned itself for future growth. The company reported an adjusted loss per share of 31 cents, better than the projected loss of 35 cents. With revenues reaching $698
As the job market continues to evolve, employers have begun re-evaluating their benefits offerings, particularly in response to the mounting burden of student loan debt faced by many workers. The innovative approach of allowing companies to offer a “match” on employee student loan payments through contributions to their 401(k) plans has emerged as a noteworthy
The concept of homeownership has been intrinsically linked to the American Dream, representing a cornerstone of stability, financial prosperity, and community engagement. Over the years, however, this dream has become increasingly elusive for many Americans, particularly younger generations and those attempting to purchase their first home. Factors such as escalating property prices, stagnant wages, and
Home Depot, one of the largest home improvement retailers in the United States, recently reported a significant increase in sales for the latest quarter, with a year-over-year growth exceeding 6%. This surge in revenue was influenced by several factors, including the integration of a newly acquired business, heightened demand due to weather-related repair needs, and
The financial marketplace has witnessed a monumental shift in investment strategies, notably through the surge of exchange-traded funds (ETFs). In November, assets in U.S.-based ETFs surpassed the remarkable threshold of $10 trillion for the first time, as reported by Cerulli Associates. This watershed moment is not merely a statistic; it reflects a broader trend impacting
In the world of finance, few names resonate as profoundly as Art Cashin. As the director of floor operations at the New York Stock Exchange for decades, his influence extended beyond the immediate confines of the trading floor. Cashin’s annual tradition of writing New Year’s poems became an endearing ritual that not only marked the
In the past week, mortgage rates have experienced a subtle dip that, while not monumental, has prompted many homeowners to consider refinancing their existing loans. This decline of only a few basis points has unveiled opportunities for savings that many are eager to seize. According to the Mortgage Bankers Association (MBA), there has been a
The U.S. job market presents a complex picture, characterized by a juxtaposition of stability and stagnation. This dynamic landscape showcases both favorable aspects and emerging challenges for workers. This article delves into the evolving characteristics of the job market, drawing on key statistics and economic insights to paint a comprehensive picture that goes beyond surface-level