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3 mins read

China's massive stimulus is missing a key ingredient: a way to revive the nation's consumers

China announced a major stimulus package on Tuesday, but offered no fiscal support. It's necessary …

Filip De Mott   


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2 mins read

Why China's new stimulus bazooka isn't enough to fix the nation's housing crisis

China's latest attempt to prop up the economy includes mortgage rate and down payment reductions. B…

Filip De Mott   


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4 mins read

A boomer said he's struggling to survive on Social Security after retiring early to care full-time for his wife

Robert Papalia, 74, retired early to care for his ailing wife, Marie, and they're struggling financ…

Noah Sheidlower   


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2 mins read

Buying a home is going to get affordable again — but you might have to wait until 2030

The cost of homeownership in the US will return to "normal levels" by the end of the decade, accord…

Jacob Zinkula,Andy Kiersz   


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3 mins read

There's a new reason people feel bad about the economy

The vibes are officially bad once again. Just ask anyone trying to find a job.

Juliana Kaplan   


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3 mins read

Allie Kelly   


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5 mins read

Get ready for a dockworker strike that could disrupt everything from medicine to holiday gifts

An October strike on shipping docks along the East and Gulf Coasts could cause delays in nearly eve…

Ayelet Sheffey,Juliana Kaplan   


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3 mins read

The job market is about to rebound as widespread spending boosts the economy, Apollo chief economist says

The US could add as many as 300,000 jobs in September, according to an estimate from Apollo's chief…

Jennifer Sor   


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2 mins read

Half of renters live somewhere they can't afford

For decades, financial advisors and the federal government have recommended that Americans spend no…

Eliza Relman,Noah Sheidlower   


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2 mins read

The good, bad, and ugly of life after rate cuts

The Fed won its fight with inflation, but there's still work to be done.

Dan DeFrancesco   


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3 mins read

One number shows why the economy might not get the immediate relief many hope for

For consumers to get more relief in the form of lower borrowing costs, the 10-year Treasury yield n…

Matthew Fox   


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3 mins read

A millennial couple who moved from Colorado to Massachusetts explains why it's much more expensive — and why they don't regret it

A millennial couple who moved from Colorado to Massachusetts shares why it was bad for their financ…

Jacob Zinkula   


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2 mins read

The Fed finally cut interest rates. Here's what comes next.

Don't expect an immediate impact from the Fed cutting interest rates. But that doesn't mean you can…

Dan DeFrancesco   


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3 mins read

It'll be a while before you feel today's interest-rate cuts

The Federal Reserve finally cut interest rates, but it could take time to see the relief reflected …

Ayelet Sheffey,Madison Hoff   


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2 mins read

The Fed gives the US its first jumbo interest-rate cut in 4 years

The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in fo…

Ayelet Sheffey   


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6 mins read

The agonizing uncertainty of America's so-so economy

The job market is getting weaker, and the economy feels trapped in limbo. Americans hate it.

Emily Stewart   


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2 mins read

Gen Z and millennials are propping up the economy — with help from their parents, 'Oracle of Wall Street' says

Consumers between the ages of 24 and 38 hold the largest discretionary spending power in the US, Me…

Filip De Mott   


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2 mins read

A 40-year mortgage is the answer to improving home affordability, CEO says

"By making homeownership attainable for more Americans, we lay the foundation for a more resilient …

Matthew Fox   


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4 mins read

A Gen Xer shares the saving strategy that grew his net worth from $50,000 to $1 million in 15 years

A Gen Xer said saving 50% of his income helped him reach a net worth of over $1 million. He shared …

Jacob Zinkula   


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6 mins read

More Gen Zers are ditching college, and they want better guidance on how to succeed without it

A Gallup survey found that, even as a growing number of Gen Zers choose to skip college, their high…

Ayelet Sheffey