In the 1980s comedy, “Trading Places”, Jamie Lee Curtis plays a prostitute who has been saving for her future; she has $42,000 “in t-bills, earning interest”. If she followed the same strategy today, she would be disappointed with the return. The one-year Treasury bill yields 0.13%, so her annual interest income would be just $55. If she reinvested the income, it would take more than 530 years for her money to double.

Billionaires have had a good pandemic: Their collective fortunes hit $10 trillion in July, a record high, a new report has found. A report by UBS and PwC found that the collective wealth of the world's billionaires grew by more than 25% between April and July. Their collective $10.2 trillion fortunes broke the previous record of $8.9 trillion, set in 2017.

Lawmakers, regulators, and activists across the globe Monday called for swift action into the findings of a new investigation from BuzzFeed News and the International Consortium of Investigative Journalists about corruption in the global banking system and how governments facilitate it.

Are you trying to figure out whether you should rent a house or go for an apartment instead? There are many pros and cons to each of these housing options. Do your due diligence before choosing the best option for you.

On August 20, 2019, Apple officially launched Apple Card with any US citizen able to apply. Since then it's been a hit, but it's faced controversy over everything from low reward rates to alleged sex discrimination. In every sense bar one, Apple Card is a typical Apple product. It was rumored for years, it launched to fanfare and criticism, plus it was even thought of first by Steve Jobs. The difference is that apart from its titanium card, it's not hardware, and apart from its app, it's not really software either.

Are you going to be selling your home and need a place to store some of your excess possessions? Maybe your home is far too cluttered and you want to make it look better?

Taxpayers are about to get a three-month reprieve to pay income taxes owed, Treasury Secretary Steven Mnuchin said at a news conference Tuesday.

Since the stock market peaked on Feb. 19, one month ago, the leading U.S. tech companies have lost over $1 trillion in value, even after Thursday's rally.

This is crunch time for the big U.S. banks. They have steadily taken market share from their smaller brethren over the past decade and built large capital cushions with record earnings. Now, they must navigate an unprecedented period of economic stress while servicing—and showing leniency toward—hard-hit businesses and consumers.

The U.S. government is enacting measures to save the airlines, Boeing, and similarly affected corporations. While we clearly insist that these companies must be saved, there may be ethical, economic, and structural problems associated with the details of the execution. As a matter of fact, if you study the history of bailouts, there will be.

Knowledgebase Phone Scams Phone Scam: Your Auto Warranty Is About to Expire Phone Scam: Your Auto Warranty Is About to Expire Like many scams, the ultimate aim of this scam is to gain access to your valuable personal information. The scammers can then use this information to gain access to your precious financial accounts and …

While the US is temporarily experiencing deflation during the pandemic, the more than $8 trillion in combined Congressional, Treasury, and Federal Reserve stimulus will inevitably lead to inflation in the long term. So how do you protect your portfolio against it?

Theory states that a big increase in the money supply will result in runaway prices, and there are those who are adamant that the hundreds of billions of dollars the Bank of Canada intends to create over the next year can only end in a rerun of the 1970s.

President Donald Trump signed four executive orders at his golf club in New Jersey after failed stimulus negotiations with Congress.

Despite all the talk about diversification and fees, the most important step in your retirement planning is simply getting started. It’s never too early to start, and the earlier you start, the less you’ll have to save to meet your retirement goals. If you’re reading this, you’re already way ahead of most people.

The executive order and accompanying memoranda signed by Donald Trump are receiving a negative response because many feel that they don’t do enough to help the millions of Americans who are struggling in the midst of the pandemic.

Amid one of the worst downturns in U.S. history, nearly 80% of credit card holders say they’re worried they won’t be able to continue making even the minimum payments on their debt. The figure comes from a survey by CreditCards.com, which found millennial card holders (91%) are most at risk of missing payments. Meanwhile, 1 in 4 people say the pandemic has pushed them to take on more credit card debt.

Are you interested in buying a home but don't have a significant income? Never fear with interest rates so attractive you could find yourself joining the ranks of homeownership to be easier than you originally thought.

Are you considering selling your home to a cash real estate investor and would like to know the pros and cons for doing so? Take a look at the comprehensive article at Maximum Real Estate Exposure that explains the upsides and downsides.

Do you know which of your items you'll be moving need climate-controlled storage? It will be important to find out, as you won't want your things to get ruined!