Social Security is a pay-as-you-go system, which means today's workers are paying taxes for the benefits received by today's retirees. However, demographic
On September 30, 2021, Congress averted a potential federal government shutdown by passing a continuing resolution to provide funding for government operations
The Markets (third quarter through September 30, 2021)
Overall, the third quarter was a roller-coaster ride for the market. The Dow, the Russell 2000, the
The U.S. housing market, already strong before the pandemic, has heated up to record levels in 2021. The Case-Shiller U.S. National Home Price Index, which
The Markets (as of market close August 31, 2021)
The benchmark indexes enjoyed a solid August, with the S&P 500 and the Nasdaq reaching record
Stocks closed generally higher in July, despite a downturn at the end of the month. Second-quarter corporate earnings data was generally strong, although some
After more than four years of international negotiations taking place mostly behind the scenes, 132 countries — representing more than 90% of worldwide gross
If you pay attention to financial news, you are probably seeing a lot of discussion about inflation, which has reared its head in the U.S. economy after being
The Markets (second quarter through June 30, 2021)
The second quarter began with stocks making solid gains in April. COVID vaccines became available to more
Stocks were volatile in May, likely a reflection of strength in the U.S. economy as well as concerns about inflation and the timing of when the Federal Reserve
Despite the economic shock of the coronavirus pandemic, American workers and retirees remain largely optimistic about their financial prospects for retirement.
On April 28, 2021, the White House released a fact sheet for President Biden's American Families Plan (AFP), which proposes about $1 trillion in investments and
