WASHINGTON— The Federal Reserve has declared economic growth "solid." "They could not withstand a serious financial emergency," said Diana Elliott, a Pew research manager who co-wrote the analysis. " Americans are devoting more of their income to housing, health care and personal insurance and pensions since 1984. After adjusting for inflation, their average...» Read More
Most Americans with 401(k) and other defined contribution plans are accumulating debt faster than they're saving for retirement.
Consistent savers had an average $28,000 rise in 401(k) balances between 2007 and 2011, while all such accounts fell $6,000, as study shows.
Facebook’s backing of an apartment complex near its headquarters fulfills part of Menlo Park’s state-mandated requirement to add affordable housing.
A panel of personal finance experts, bankers and professional traders on how the debt ceiling crisis could affect personal investments.
Are you a college student? Do you have a credit or debit card that you use on campus? If so, we want to hear from you.
Careful planning for present needs and long-term care is a necessity. Here are a few tips to make the process more manageable.
Some retirees with mortgages are considering downsizing to reduce expenses. One survey says more than 40 percent of Americans ages 50 to 64 plan to move within five years.
The national late-payment rate on home loans in the second quarter fell to the lowest level in five years.
College students have a better chance of getting aid if they come from affluent backgrounds than if they are lower on the income scale, some new studies show.
James Gandolfini, the late actor, appears to have made some key mistakes with his estate planning. Here's how to avoid the same minefields.
Rising mortgage rates may soon lead potential homebuyers to think twice before signing contracts. But rushing to sell midsummer may be tricky.
McDonald's workers have received a guide to personal finances that leaves some categories uncovered, such as food and heat. But $20 for monthly health care is included.
Congressional action on the U.S. tax code could dramatically alter one of its sacred cows: the mortgage interest deduction. And the change could come in 2013.
Postnuptial agreements—similar to prenups, but for married couples—are on the rise, with growing acceptance and DOMA changing the marriage landscape.
Even with a recent rise, mortgage rates are still "incredibly low" by historical standards, so they will not halt the housing recovery, Trulia Chief Economist Jed Kolko told CNBC.
Americans who have trouble dividing 300 by 2 are much more likely to end up in foreclosure than consumers with average math skills, according to a new study.
Marc Nemer, CEO of Cole Real Estate, discusses his company's listing on the NYSE. Cole is the second-largest public REIT.
Hurricane season is here, and you have work to do with your homeowner's insurance. Insurers are seeking ways to limit their storm exposure.
The Fed will keep the federal funds rate unchanged, but that doesn't mean consumers will get the same rates on credit cards, student loans, mortgages and other financial products.
Interest rates on U.S. home mortgages rose last week to hit their highest level in over a year, sapping demand from potential homeowners, an industry group said on Wednesday.