Money

A tick-tock of the US banking crisis

The Federal Reserve’s interest rate hike strategy has inadvertently caused a banking crisis as elevated interest rates slow bank loans.

More people are delaying paying up front

Consumers are increasingly relying on Buy Now, Pay Later services in order to cover the costs of their daily expenses amid the uncertain economic environment.

Retirement plan balances decreased by nearly 25% in 2022

Despite growth in retirement plan balances in the fourth quarter, savings took a major hit in 2022 and inflation remains a concern for many Americans. Here’s how to pay off high-interest debt and make more room for retirement contributions.