Personal Finance

JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon is convinced that artificial intelligence (AI) will improve our world. According to him, our children will live to be 100 years old, be free from illnesses like cancer and have shorter workweeks.  Don't Miss: Can you guess how many Americans...

As of today, the U.S. debt has skyrocketed to $36 trillion and around one in every five dollars the government spends goes straight into repaying investors. In addition to causing the government a great deal of trouble, this scenario is also becoming a potential stumbling block for Donald Trump...

Planning to retire at a specific age often involves careful preparation, but reality doesn't always align with expectations. A new study by the Employee Benefit Research Institute (EBRI) found that 58% of retirees leave the workforce earlier than planned, frequently due to factors beyond their...

A recent episode of The Ramsey Show revealed a concerning situation for a caller named Liz from Mobile, Alabama. Liz shared her dilemma with hosts Dave Ramsey and Ken Coleman: her fiancé hasn't filed taxes in 20 years. While taxes have been withheld from his paycheck, he has avoided filing returns...

President-elect Donald Trump has nominated Dr. Mehmet Oz to lead the Centers for Medicare and Medicaid Services (CMS), sparking conversations about potential changes to Medicare. This key agency oversees health programs for over 160 million Americans, including Medicare, Medicaid and the Children's...

Having $1 million in the bank would make someone feel rich. But in America today, nearly 70% of millionaires don't consider themselves wealthy, according to a 2024 Northwestern Mutual research study. That's right – 70%. What's behind this surprising self-perception? It turns out that it's not just...

Most people dream of financial freedom, but the path to becoming a millionaire often seems complicated. For Dave Ramsey, a well-known personal finance guru, reaching $3.6 million by age 65 is achievable for anyone willing to follow a consistent plan. In a recent tweet, Ramsey outlined a...

Social Security has reached a tipping point; the numbers paint a grim picture. If no changes are made, the program, a cornerstone of the American safety net, will face insolvency by 2035.  Without intervention, benefits could be slashed by 17% in just over a decade, pushing millions of seniors...

Legendary investor Warren Buffett has a piece of critical advice for parents that he believes they should follow, regardless of their wealth status. What Happened: In a recent letter, the Berkshire Hathaway CEO advised parents to not just write their will but also discuss it with their...

Workday, Inc. (NASDAQ:WDAY) reported its third-quarter results after Tuesday's closing bell. Here's a look at the details from the report.  The Details: Workday reported quarterly earnings of $1.89 per share, which beat the analyst consensus estimate of $1.76. Quarterly revenue came in at $2.16...

If you're in your 50s and hear that the "average" net worth for people in your age group is over $1 million, you might be tempted to pop a bottle of champagne or stress about why you're not feeling like a millionaire.  Before jumping to conclusions, it's worth unpacking what those numbers mean...

Retirement brings exciting possibilities but also requires careful financial planning to ensure long-term stability. In a recent Women & Money podcast episode, financial expert Suze Orman responded to a listener named Linda, who asked whether retirees should keep one year or five years' cash in...

Thanksgiving 2024 is shaping up to bring warm gatherings, hearty meals and some relief for household budgets. The cost of a traditional Thanksgiving meal for 10 is projected to be $58.08 this year, according to the American Farm Bureau Federation (AFBF). That's a 5% decrease from 2023 and a 9% drop...

Before Mark Cuban became a billionaire and household name, he was just another broke 20-something sharing a $600-a-month apartment with five guys. And not in the cute sitcom way – this was more "brown shag carpet and sleeping bags" than "Friends." Don't Miss: The global games market is projected...

Warren Buffett Claims He ‘Killed The Dow' Investing ‘Peanuts' – And Says Not Having Much Money Is ‘A Huge Structural Advantage' Warren Buffett once said he could make 50% a year with a small sum of money and he didn't just mean it as a throwaway line to impress anyone. He was dead serious. He...