BEIJING — The saving opportunity with the rural bank in central China looked, to Sun Song, a 26-year-old-businessman, like a great find. It would be linked to his existing account […]
Savings
Trending topics and news from the Savings category
Back to news homeHow to Start Investing in a Bear Market
The party in the financial markets is long over. Chatter about hot stocks and fabulous opportunities in cryptocurrencies and NFTs has died down to a whisper. Recession and bear market […]
How Inflation Is Affecting Money Market Funds
The stock market hasn’t provided much joy, bonds have been a source of considerable pain and inflation is troubling.But at last there is a glimmer of good news for people […]
Fidelity says it will offer crypto in retirement accounts this year
Fidelity, the largest retirement plan provider in the United States, announced plans to offer bitcoin in 401(k) retirement accounts to its accountholders later this year. The company is set to allow […]
What a Federal Reserve Rate Increase Means for You
Though the typical car payment has reached its highest levels since 2012, any Fed increase isn’t expected to make a meaningful difference — at least not yet.“Car loan rates will […]
Higher Savings Rates? Don’t Expect Them Soon.
But there are some details to pay attention to: Once you buy the bonds, you can’t redeem them for one year. And if you redeem them before five years, you’ll […]
Pandemic-Era ‘Excess Savings’ Are Dwindling for Many
In a commentary published on a Federal Reserve Bank of New York blog in April, four economists argued that “although large by historical standards, the savings accumulated by U.S. households […]
The Economic Rebound Is Still Waiting for Workers
“They’re making a lot of profits in part because they’re saving on labor costs, and the question is how long can that go on,” said Julia Pollak, chief economist for […]
Workers’ Financial Stress Is Rising. Can Corporate Programs Help?
“Now most wellness programs offer solutions beyond guidance and investment advice,” said Alison Borland, an executive vice president with Alight Solutions. “They can help employees answer the questions: How is […]
How The Pandemic Forged New FIRE Followers, With a Difference
Also more appealing than ever is the stock market, which made a quick comeback after its early pandemic dive and flourished even as the economy continued to founder. Suddenly, investing […]