CNBC's Rick Santelli reports on personal income and spending data from August, the action in Treasurys, and outflows at Pimco.» Read More
A new bargain-hunting culture has emerged, where Americans of all incomes look for antiques in pawn shops and flea markets — even their own attics and basements.
Rarity, complexity and condition make all the difference when looking for a luxury watch. But while there are major gains to be made, it takes a good eye to know the difference between a clever investment, and a waste of time.
With the poor job market and uncertain recovery, hundreds of thousands of Americans have put off moving out on their own — and that's depriving the economy of a lot of activity. The New York Times reports.
In a matter of just 25 years, defined contribution plans have become the predominant retirement tool available to American workers, many of whom have little investment experience. Nevertheless, the novelty could be wearing off, as 401(k) plans may be ill-suited for the current economic environment.
A day at the races can be good fun, and as the world’s economic troubles continue to bite, putting your money on the right horse could see you make more than just a one-off win.
While campaign and presidential mementos may be only a hobby for some, they also represent a real investment for many political junkies and even for those not drawn by political sentiment.
As extreme weather events continue to decrease land availability, prices are going up, and investors are getting in.
Historically collectors have remained underground, afraid that showing an interest in the world of sex would bring shame and mockery, but as porn becomes more mainstream more people are comfortable owning a part of its history.
Income inequality is threatening American life, and threatening the future of small business. We are the 99%, says President of The Planning Shop, Rhonda Abrams.
Europe’s recent attempt to manage the persistent debt crisis still remains a source of great concern. Naturally, the issue is magnified by the constructs of the European Union, overwhelmed by healthy egos and very little money.
Alternative investing may not be for everyone, but there's an entry point for almost anyone—and as popular cable TV programs illustrate every week, small fortunes can be found in attics, basements and, yes, storage rooms.
Consumers appear to think that their own financial houses are in order and they believe they are prepared to weather any economic troubles that may lie ahead, according to the survey from JP Morgan’s Chase Card Services.
Two market crashes and a couple of recessions later, 25 percent of all boomers don’t have anything saved for retirement and now find themselves in dire need of government services and potential bailouts of math defying pension plans.
Lending money to a European Investment Banks who form a Special Purpose Vehicle who issues bonds guaranteed by broke countries to use as collateral to borrow more money to buy more bad debt? That's their plan? No thank you; I'm still buying gold.
This is not your parents' retirement — or your grandparents' for that matter. Chances are, you'll be working long past age 65, if you can find a job. And you'll probably also be worried about having enough money to finally stop working.
Gov. Rick Perry has been lionized for calling social security a Ponzi scheme, rebuked for using the foul language of common sense that most Americans understand.
It would appear that capitalism has a developed a terrible dependency issue, turning hostile and violent when there’s nothing left in the punch bowl. Unfortunately, new fears of a double dip recession have emerged, the caked residue of weak economic growth and a soft job market. On the heels of a 30-year spending spree and the party of our lifetime, we find ourselves searching for our equilibrium once again.
$1 million isn’t what it used to be, in part because a lot of people don’t know how far it can go, and the amount of time and effort that it would take to spend it.
The list of things we never thought we’d see continues to grow, like a tumor. Our republic has finally reached a midlife crisis, having lost the pejorative AAA credit rating from an agency that considers yesterday’s sub-prime CDO a safer bet than today’s Uncle Sam. The American economy is stuck in a classic catch-22, that as we solve one problem, it is quickly replaced by a greater concern.
Tea Party activists, 44 percent of whom are on Medicare or have an immediate family member receiving benefits, could not be consoled by the fact that their health-care costs are largely responsible for the distended federal budget. But they have a point.