All The New Economy
Social Security benefits will rise in 2017, but fund's future uncertainSocial Security and Medicare recipients will receive a small increase in their monthly benefits in 2017, but the funds' trustees warn that immediate action should be taken to ensure their long-term future.
US voters would like more focus on the economy, survey showsApproximately half of Americans are concerned about the economy this election season, according to a new survey. Fifty-four percent of Democrats and 43 percent of Republicans believe that the overall economy is the top domestic issue facing the United States.
Employees today get more work benefits, but there's a catchEmployers offer more benefits to today's workers than they did 20 years ago, but at the same time, wages are stagnating.
As America's middle class disappears, the upper middle class is thrivingA new report by the Urban Institute depicts a growing upper middle class. Is this growth at the expense of the middle class?
Extra years in college come with a six-figure price tagStudents who take six years to earn a bachelor’s degree can miss out on up to $300,000 in lost income, retirement savings, and more according to a report from NerdWallet. But many colleges around the country are taking action to help students graduate on time.
How would 'Brexit' affect the US economy?As the largest investor in Britain, the US is bracing for a vote outcome that could rattle this country and global markets.
Why are some Obamacare plans about to become more expensive?A new study by the Kaiser Family Foundation projects that in 2017, major cities could see premiums rise 10 percent on average for one of the most popular low-cost Obamacare health plans.
Retail sales jump 0.5 percent in May as consumers gain confidenceRetail sales shot up for the second straight month, the Commerce Department reported on Tuesday.
Which state has had the best economy in 2016? The worst?The past year of economic growth has left some states faring better than others, according to a recent WalletHub analysis.
Consumer spending surges. Why Americans are opening their wallets.The Commerce Department reported Tuesday that consumer spending jumped 1 percent in April, posting its biggest increase in nearly seven years.
Why America's middle class is disappearing from citiesThe middle class is shrinking in nine out of ten cities around the country, while the lower and upper classes are growing, according to a study released Wednesday by Pew Research Center.
Americans still aren't spending money, but there's some good newsUS consumer spending ticked up just 0.1 percent last month as Americans again chose to save, rather than spend, their cash. Happily, they got a lot more of that cash in March.
How are Millennials doing financially? There's good news and bad news.Millennials are now the largest generation in America, and their financial obstacles, including high debt levels and living costs, are well known. But they have some advantages over older generations, too.
The gender pay gap starts right out of college, study findsWomen with college degrees earn $4 less per hour than their male peers early in their careers, and the gap is widening, according to a study out Tuesday from the Economic Policy Institute.
Jobless claims fall to four-decade low. Again.The number of Americans filing for unemployment benefits sank to its lowest level in 42 years last week, assisted by employer confidence and a firming labor market.
Federal Reserve: better wages, low unemployment fueling US economic growthThe Federal Reserve said on Wednesday that the economy expanded from late February into early April thanks to a strong job market and more robust consumer spending.
Why some Social Security benefits are going away soonThe so-called 'file-and-suspend' strategy, which allows millions of Americans to collect Social Security benefits from a spouse's plan while deferring collecting from their own, will effectively end on April 29.
Social investing won't bullet-proof your portfolio, but it can helpWhen the markets are as choppy as they have been to start April, most stocks take a dive, even ones with social and environmental goals. But some areas of sustainable investing, as well as the long-term perspective of its investors, can help stabilize a portfolio.
ADP: US businesses added 200,000 jobs in MarchThe latest survey from ADP, a precursor to the Labor Department's release of the March jobs report on Friday, shows that the US economy still is adding jobs at a steady pace.
How California wants to help workers save for retirementCalifornia is considering a state-sponsored 401(k) plan called Secure Choice, which would be available to private-sector employees that don't get a retirement savings plan from their employer.
