Personal Finance


4-Year Low on Tap for Labor Day Gas Prices

The average pump price of a gallon of gas is expected to reach $3.41 by the Labor Day weekend, down more than a penny from Wednesday’s price and down more ...
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San Francisco

Cities With the Most (and Least) Underwater Mortgages

The number of U.S. homes with underwater mortgages (i.e., the amount owed on the mortgage is greater than the market value of the home, often called negative equity) has been ...
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Credit cards

Is Higher Credit Card Debt Increasing Risks of Another Subprime Bubble?

24/7 Wall St. has been looking for anomalies in the economy to find trends since the end of the Great Recession -- trends both good and bad. You may have ...
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Will A Missing $50 Million Winning Lottery Ticket Turn Up?

Winning the lottery has been the dream of many individuals, and not just in the United States. The lottery is also frequently referred to as an idiot tax. And now there ...
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170428950 (1)

Hedge Funds Underperforming, Yet Still Growing in New Assets

Hedge funds remain somewhat of a mystery to much of the public. They are supposed to have absolute returns, but they do not always outperform their benchmarks. A new report ...
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Student Debt Woes in America Have Surpassed Startling Levels

The recent Report on the Economic Well-Being of U.S. Households from the Federal Reserve Board showed some startling facts about America. The worst was that one-third of American households were still ...
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Fed Household

The Next Crisis: People Don’t Know How to Pay for Retirement Expenses!

It is of no surprise that the Great Recession had an impact on the retirement plans of many Americans. What is a shock though is just by how much. A ...
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Fed Survey Shows Many Households Still Worse Off Than Before Recession

In its new Report on the Economic Well-Being of U.S. Households, the Federal Reserve Board provides insight into numerous topics of current relevance to household finances. These topics include housing ...
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road fork sign

What If High-Yield and Junk Bonds Do Not Collapse?

One of the victims of the recent market trends has been the junk bond, or high-yield, market. Financial media and market pundits have warned that things got too rosy in the ...
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Personal Income and Spending Rise in June, but Not Massively

With the Labor Department reporting unemployment and payrolls for July, the report on personal income and spending for June may seem like a bit of an afterthought. Fortunately, this report ...
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buy sell

It Is Not Too Late to Crash-Proof Your Portfolio for August and the Rest of 2014

The end of July turned out to be ugly for equity investors, and August started off on the wrong foot as well. On the July 31 drop of 317 on ...
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Bull and Bear

Beyond Sell Stocks in May … Sell Stocks in August?

Investors have gotten used to seeing new Dow Jones Industrial Average (DJIA) and S&P 500 highs almost each week this year. That is with turmoil in Ukraine, Iraq, Syria and ...
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home prices

Rising Cash-Out Refinancings: Return of the Housing Bubble or Normalcy?

If you were in the business of flipping houses or buying a home and using it as a personal piggy bank each time the equity in the home rose, you ...
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Outdoor Advertising

America’s Top Cities With the Highest Percentage of Millionaires

It seems as though being a millionaire isn't as rare as one might imagine, at least not in some of the greatest cities around the world. In fact, it turns ...
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Used Car

Safest Used Cars to Buy for Teens

New vehicles are virtually always safer than older ones because the new ones incorporate all the latest and best technologies. But that comes at a price, and it is not ...
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