$100 equals $100 … true or false? Not so if you're spending it in certain states. A new analysis shows where your money goes furthest.» Read More
The Aussie dollar surged on Thursday, rising one percent versus the U.S. dollar on strong jobs data, but one strategist is calling for a sharp correction - forecasting the currency will fall as low as 70 cents against the greenback over the longer-term.
The market is going down, up, down again ... and maybe sideways for a little while. What should you do? It depends on who you are.
Globally central banks are increasingly diversifying their foreign exchange reserves away from the U.S. dollar and the euro, according to latest data from the IMF’s Currency Composition of Foreign Exchange Reserves (COFER), and forex analysts tell CNBC the Australian dollar could be among the main beneficiaries.
The hole in the pension plans of US labor unions now stands at $369 billion, Credit Suisse has calculated with the aid of new reporting standards. This raises the prospect of higher pension contributions for employers and deteriorating industrial relations. The Financial Times reports.
David Riedel, President & Founder, Riedel Research Group says diamonds have almost no correlation with commodities, gold and equities, making them a great way for investors to diversify.
Public workers’ pension funds across the country are increasingly turning to riskier investments in private equity, real estate and hedge funds, and they aren't paying off, reports the New York Times.
The Mega Millions Jackpot now stands at $640M and Richard Lustig, a 7-time lottery winner, discusses what to do if you win.
A group of over 300 financial advisors and members of the Financial Planning Association submitted their brackets, ranking 32 personal finance concepts in the National Endowment for Financial Education's Financial Four showdown.
April is the month with the deadlines for IRA contributions and mandatory IRA withdrawals and the deadline for your 2011 IRA contribution is April 17, 2012.
“Mad Men” plays to fantasies of louche living, but it also gives credibility to the liberal belief that high taxes won’t constrain the rich.
For years, Baby Boomers have been moving their money into the bond market in droves to ensure a steady income into retirement. But so far this year, yields have been falling lower and lower — until now.
For most of us, retirement will be the shortest, most challenging period of our lives and yet few are fully prepared for this life stage.
By definition, economy and compact cars have not been the glamorous categories of automobiles. That’s not the case anymore, judging by this list of the best cars for $15,000 or less.
After the stock market sank in 2008, many investors lost money from their 401(k)s, leaving those who are looking to retire strapped for cash, the New York Times reports.
Adam Parker, Morgan Stanley chief U.S. equity strategist, explains why it's risky buying and selling cyclical stocks.
As many as 27 percent of the 37 million student-loan borrowers have past-due balances of 30 days or more, a Federal Reserve Bank of New York report showed. The New York Times reports.
With Chase and Discover recently introducing and experimenting with free balance transfer credit cards, they have breathed new life into a genre that industry experts previously believed to be extinct. However, the moves have left many scratching their heads.
With its relatively heavy taxes on labor, light taxes on unearned income and broad ranges of rates within the same income levels, the American tax code violates fundamental principles of income taxation. The New York Times reports.
To get an indication of how stretched renters are in each market, the data team at John Burns Real Estate Consulting looked at the rent-to-income ratios in 40 major U.S. cities.
A technical bug caused Citigroup, the nation’s fourth largest bank by deposits, to double the charge for online customer bill payments in recent months. The New York Times reports.
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