Finance

Long-term marriage vows were once seen as unbreakable, yet people over 50 are increasingly parting ways.  Older Americans Are Divorcing A 2022 study from The Journal of Gerontology reports that 36% of divorcing Americans are over 50. This surge in “gray divorce”  presents challenges and implications extending well beyond the couple.  Decades of Wealth Need […]

Rising healthcare costs and the burden of medical debt are not just straining personal finances. They’re impacting health outcomes and quality of life. According to the Commonwealth Fund’s Health Care Affordability Survey, Americans owe $88 million in medical debt.  Healthcare Affordability Enters Crisis Stage As Americans grapple with these challenges, healthcare affordability is now a […]

Elon Musk’s involvement with OpenAI began with visions of a nonprofit promoting beneficial AI for the public, but as funding demands grew, disagreements emerged over shifting to a for-profit model. This led to Musk’s legal battles against OpenAI for deviating from its foundational mission, adding to the growing list of legal troubles Musk is facing. […]

Chinese investors and businesses are increasingly seeking profits abroad, driven by domestic market challenges. This outward investment trend is led by mechanisms like the Qualified Domestic Institutional Investor (QDII) program amidst regulatory challenges and a complex economic backdrop, reflecting a strategic pivot towards global diversification. Finding Profts Aborad Chinese investors and businesses are increasingly looking […]

Previous generations looked forward to winding down their work lives in their mid-60s, but a Gallup poll reports many are now staying in the labor force longer than they anticipated.  61, The New Retirement Age  The average U.S. retirement age has increased to 61, from 57 in the 1990s, according to Gallup.  Derailing Retirement Plans […]

Explore the options for financing your new home and learn about how each mortgage could benefit you. Securing a Home Mortgage Buying a home is an exciting time. Most people don’t pay cash for their new homes, so they turn to banks and mortgage lenders to help them finance the purchase. Your home loan specialist […]

Even with the economy looking up and recession worries dwindling, the cost of living continues to make the American Dream seem like just a fantasy for the majority. Economic Indicators Mislead The economy shows signs of strength with low unemployment rates and growth, but these positive indicators mask the everyday struggles of average Americans. High […]

If your FICO credit score is under 670, you’ll want to check out these tips for improvement. A higher score can help you finance big purchases and can even save you money. Here’s how. Is Your Credit Score Holding You Back? Are you considering a big investment in 2024 like a new car or house? […]

The financial world constantly buzzes with expectations and predictions. The new year has brought little relief from the noise as Wall Street’s optimism over potential interest rate cuts by the Federal Reserve has been a major topic. However, the reality presents a different picture – a delay in these anticipated cuts, could lead to pain […]

In times of fluctuating interest rates and soaring home prices, the U.S. housing market is experiencing a significant cooldown, with the effects reaching across multiple industries and altering consumer behaviors. The Ripple Effect of a Cooling Market The recent downturn in the U.S. housing market is more than a real estate issue; it is impacting […]