The Trump administration "will take a look" after billionaire investor Peter Thiel said the FBI and CIA should see if Chinese intelligence has infiltrated Google.Technologyread more
On Monday, the first day of Amazon's 48-hour shopping extravaganza this year, retailers that make more than $1 billion in annual revenues saw a 64% increase in their digital...Retailread more
Builder confidence for single-family homes rose just one point to 65 in July, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI)....Real Estateread more
The Federal Reserve's expected interest rate cuts appears to have impacted J.P. Morgan's forecast for 2019 net interest income.Financeread more
Expectations for lower interest rates and less fear about tariffs sent investors back into the market and set up what could be a profitable run ahead.Marketsread more
A crop of long-awaited technology companies coming to the public market this year created a "frothy" period, Bernstein said on TuesdayInvestingread more
GE hasn't had a year this good during this millennium. After that massive surge, one trader is warning investors to stay away.Trading Nationread more
Credit card sales volume rose 11% this quarter and merchant processing volume increased 12%, the bank says in its earnings statement.Banksread more
EU Competition Commissioner Margrethe Vestager is preparing to launch a full probe into Amazon in the coming days, Bloomberg reported.Technologyread more
IBM announced Tuesday that it signed a multi-year agreement with AT&T enabling the carrier to host its business applications on the IBM Cloud.Technologyread more
Amazon Prime Day enters its second day, with more than 1 million deals being offered, including intermittent "lightning deals." Here's how to navigate the 48-hour shopping...Invest in You: Ready. Set. Grow.read more
That finding comes from new research by the FINRA Investor Education Foundation, which has been documenting Americans' financial knowledge and perceptions for years.
More people are prepared for an emergency today than they were in 2012, when just 35% of people were certain they could cover a $2,000 bill, according to the foundation.
Still, nearly half of Americans don't have an emergency fund.
"While we've seen improvements in key measures of financial capability over the years, the 2018 findings suggest we have hit a plateau — and that not all Americans have recovered at the same rate," said Gerri Walsh, president of the FINRA Foundation, which surveyed some 30,000 people.
Automate your savings, so that a set amount of money is routed directly into your savings account each week or month, said Erin Lowry, author of "Broke Millennial: Stop Scraping by and Get Your Financial Life Together."
Try naming your bank account "Emergency Savings," so you're reminded why that money is there and why you should keep contributing to it, she said.
"Many banks will allow you to change the name of your savings account from a generic 'Bank Account 39341029' to something with actual meaning," Lowry said.
You might also want to open your emergency savings account at a different bank than the one you normally use, she added.
"This reduces the likelihood that you'll be tempted to move money, even just a little bit, to your checking account for today's wants," she said. Plus, it typically takes a few days for money to move between banks, and so you won't be able to use the funds for an impulsive purchase.
Consider putting your savings in an online bank, which typically offer higher interest rates than brick-and-mortar ones.
Don't be overwhelmed by the fact that you might not be able to save a lot, said Annamaria Lusardi, academic director of the Global Financial Literacy Excellence Center and a member of the CNBC Financial Wellness Council.
"One could put away a few dollars a day, or $10 a week, or an amount within reach," she said. "That, done regularly, will bring in a small buffer that can prove very useful when things go sour."l