Investors are putting more into their 401(k)s — here's the average savings rate

The Fed cut interest rates but mortgage costs jumped. Here's why

The average 30-year fixed mortgage rate spiked after the Federal Reserve cut rates. Experts say expectations for rate cuts in 2025 fueled the jump.

CNBC - 3h

Number of millennial 401(k) millionaires jumps 400%: Here's what it takes to reach seven-figure status

The number of millennials with more than $1 million in their 401(k)s has quadrupled from one year ago, according to the latest data from Fidelity Investments.

CNBC - 7h

Investors are putting more into their 401(k)s — here's the average savings rate

The average 401(k) savings rate is trending higher, according to a new survey from Plan Sponsor Council of America. Here's how it compares to target benchmarks.

CNBC - 12h

How Fed Rates Influence Mortgages, Credit Cards, Savings and More

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.

The New York Times - 2d

How much money Americans under 35 have in their 401(k)s—see how you compare

Nearly half of American workers have 401(k) balances that are $50,000 or less.

CNBC - 12h

France's military is being ousted from more African countries. Here's why

It’s been a tumultuous month for France and its relationship with former colonies in Africa, as its influence on the continent faces the biggest challenge in decades

ABC News - 21h

Investors brace for hawkish Fed rate cut – and more volatile markets in 2025

The spotlight Wednesday will be on Fed Chair Jerome Powell.

MarketWatch - 2d

Here's what to know as the Federal Reserve is expected to make another rate cut

CBS News business analyst Jill Schlesinger speaks with "CBS Mornings" about what to expect and the impact of the Federal Reserve's final interest rate decision of 2024, which happens Wednesday.

CBS News - 2d

MicroStrategy’s quirky Nasdaq-100 nod could mean more risk for fund investors

MicroStrategy will soon join the Nasdaq-100 index. Why the unconventional company could pose new risks to investors.

MarketWatch - 2d

A new 'super funding' limit for some 401(k) savers goes into effect in 2025. Here's how to take advantage

There is a higher 401(k) contribution limit for 2025. Here's why you should update your account now, financial experts say.

CNBC - 3d

Worried about stock market stability in 2025? Here are investors’ biggest fears.

Deutsche Bank Research chart shows the top market risks cited by investors versus a year ago.

MarketWatch - 3d

Here's what to expect from the Fed's interest rate decision this week

The Federal Reserve will announce a rate decision on Wednesday, Dec. 18. Economists are now expecting fewer cuts in 2025.

CBS News - 4d

Investors are banking on ‘animal spirits’ to drive markets. Here’s what could go wrong.

Goldman Sachs says investors hope for double animal spirits going forward — surging business activity that will drive stocks higher.

MarketWatch - 4d

Fed charts more cautious path for rates as high prices persist

US central bank poised for another cut as it weighs risks posed by stubborn inflation

Financial Times - 4d

Trump wants to end daylight saving time: We’ve tried before — here’s what happened

Tired of daylight saving time? President-elect Trump is, too.

The Hill - 5d

Here Comes the Sun: Kieran Culkin and more

Actor Kieran Culkin sits down with Mo Rocca to discuss his childhood, his acting career, and his latest film “A Real Pain.” Then, Lee Cowan visits “Yellowstone” creator Taylor Sheridan’s ranch ...

CBS News - 5d

This hasn’t happened to U.S. stocks in more than 20 years — here’s why investors should be concerned

The U.S. stock market is suffering from another bout of “bad breadth.”

MarketWatch - 6d

Ben Stokes puts Ashes on back burner to focus on England’s here and now

England captain admits he ‘spoke a little too much’ about Australia showdown instead of New Zealand and India Tests. . England are about to complete their busiest year of Test cricket with Ben ...

The Guardian - Dec. 12

ECB lowers rates to 3% and paves way for more cuts

Growth forecasts pared back as bank’s president Christine Lagarde says some decision makers wanted larger reduction

Financial Times - Dec. 12

Save more than $100 on these rarely-on-sale Dyson hair tools

For a limited time, major retailers are discounting Dyson hair tools at some of their lowest prices. Shop expert and editor-approved hair dryers, straighteners and more.

NBC News - Dec. 11

You Can Save 50% Or More On Video Game And Movie Art Books At Amazon Right Now

Whether you’re looking to line your bookshelves or snag the perfect holiday gift for a friend, it’s worth taking a few minutes to peruse the long list of video game and movie art books on sale at ...

GameSpot - Dec. 11

Here’s How Much Cleaner Energy Could Save America, in Lives and Money

Widespread adoption of heat pumps could prevent thousands of premature deaths and save billions on energy bills, according to a new analysis.

The New York Times - Dec. 11

Player ratings: Salah scores but Alisson's saves keep Liverpool perfect in Champions League

Liverpool stay perfect in the UEFA Champions League thanks to a goal from Salah and a bunch of saves from Alisson.

ESPN - Dec. 10

US investors have saved $250bn by investing in ETFs, says BofA

The savings compared with mutual funds was mainly due to tax advantages rather than exchange traded funds’ lower fees

Financial Times - Dec. 10

The Fed slashed interest rates, but some credit card APRs aren't going down. Here's why

Although the Federal Reserve started slashing interest rates in September, the average retail card rate has only gone up.

CNBC - Dec. 9

Here's what could happen with mortgage rates this December, according to experts

Could the mortgage rate climate change in the final month of 2024? Here's what some experts think.

CBS News - Dec. 9

Here Comes the Sun: Ina Garten and more

Author and culinary television host Ina Garten sits down with Rita Braver to discuss her cookbooks, her marriage, and how she got to where she is today. Then, Seth Doane travels to England to meet ...

CBS News - Dec. 8

More than ever, democracy needs help to survive. But who can save the US? | Editorial

With illiberal regimes advancing across the globe, youthful voters are standing up to make their voices heard. It has been a testing week for democracy across Europe and Asia. But the good news is ...

The Guardian - Dec. 8

Are there any pitfalls to having my retirement savings in two brokerage accounts? I have $900,000 in an IRA and 401(k).

“I’m 52 years old and I don’t plan on drawing from my IRA until my required minimum distribution.”

MarketWatch - Dec. 7

Millennials are finally joining the 401(k) millionaires club. Here’s how they got here.

In the third quarter, the overall number of 401(k) millionaires rose by 9.5%. Here’s what they have in common.

MarketWatch - Dec. 7

Will mortgage rates fall below 6% in 2025? Here’s what experts say.

The incoming Trump administration’s policies could affect mortgage rates in 2025, real-estate economists say.

MarketWatch - Dec. 7

Unemployment rate jumps more than a percentage point for Black women in November

The unemployment rate climbed sharply for Black women in November.

NBC News - Dec. 7

Unemployment rate jumps more than a percentage point for Black women in November

The unemployment rate jumped significantly for Black women in November.

CNBC - Dec. 6

Number of 401(k) plan and IRA millionaires hits record, with more millennials joining the ranks

Retirement 401(k) plan account balances increased for the fourth straight quarter to reach the highest average on record, according to Fidelity.

CNBC - Dec. 6

Payrolls increased 227,000 in November, more than expected; unemployment rate at 4.2%

Nonfarm payrolls were expected to rise 214,000 in November, according to the Dow Jones consensus forecast.

CNBC - Dec. 6

Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened

Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...

The Guardian - Dec. 6

‘I’ve nothing saved for retirement’: I’m 50 and earn $45,000. I don’t have a 401(k) match. Should I put 10% of my salary in a Roth IRA instead?

“I currently have $36,000 in student-loan debt in forbearance in the SAVE program.”

MarketWatch - Dec. 5

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