10’000 Hours | Digitalvision | Getty Images Pension plans for the largest U.S. companies are experiencing their healthiest state in over a decade. This is excellent news for the workers enrolled in these plans, according to retirement experts. As of September 21, public companies in the S&P 500 stock index had an average pension “funded …
Marco Vdm | E+ | Getty Images The wage gap costs women in the U.S. about $1.6 trillion a year, according to a recent report. In 2022, women earned 78 cents for every dollar that men made, as stated by the National Partnership for Women and Families. To determine the total cost of the wage …
Prices will start to rise after about Oct.14th Travelers are witnessing a decline in flight prices this year. The average domestic round-trip fares for Thanksgiving are now at $268 per ticket, which is a 14% decrease from last year. Similarly, round-trip prices for Christmas are around $400, down 12% compared to last year, according to …
Fatcamera | E+ | Getty Images Passport applications are at an all-time high As pandemic-era health fears have diminished and countries have reopened their borders, a record number of Americans are planning trips abroad this year. The State Department has issued a staggering 22 million passports in fiscal 2022, breaking all previous records. And according …
Girls and young women have set a goal to become homeowners by the time they reach 30, which is considered more important than getting married or earning a lot of money. According to Girlguiding’s Girls’ Attitudes Survey 2023, 52% of young women aged 7 to 21 want to buy a house by 30, making it …
The Federal Reserve left its target federal funds rate unchanged Wednesday, but did not indicate an end to its aggressive rate hike campaign. This provides little relief for households facing sky-high borrowing costs. In total, Fed officials have raised rates 11 times in the past 18 months, bringing the key interest rate to a target …
Maskot | Maskot | Getty Images When it comes to allocating money among various account types, savers often find themselves faced with a daunting challenge. With 401(k) plans, individual retirement accounts, 529 plans, high-yield savings accounts, taxable brokerage accounts, flexible spending accounts, health savings accounts, and more, the options can feel overwhelming. Each individual has …
Westend61 | Westend61 | Getty Images Pay transparency is a growing trend for job seekers, and it is expected to continue. According to Indeed’s Hiring Lab, 50% of online job listings in August included salary information, up from 18.4% in February 2020. This rise can be attributed to recent pay transparency laws enacted by states …
Artistgndphotography | E+ | Getty Images The Federal Reserve is expected to forgo an increase in interest rates during its upcoming meeting, according to industry experts. However, this may not bring any relief to consumers. Since last year, the central bank has raised interest rates 11 times, marking the most rapid pace of tightening since …
EmirMemedovski | E+ | Getty Images This August, two years into their relationship, Yumi Temple and her boyfriend, Daniel, moved into their first apartment together, in Denver. It was Temple’s first time living with another person, outside of family, and she quickly learned there was a lot to navigate. The couple decided to see a …