Recession

US household net worth hits highest level ever

A resurgent stock market and fiscal stimulus propelled the net worth of U.S. households to the highest level ever in the second quarter, despite a record drop in the previous three months caused by an economic shock from the pandemic.

Why now's a good time to start hoarding cash

Like it or not, we could be in for a very rocky second half to 2020, and here's a look at why the more cash you have at your disposal, the more likely you are to make it through the year financially unscathed.