Tax & Finance
Typical, low-yield savings accounts are slowly dying off. As consumers become more educated about their options, and better competitors enter the banking and investment markets, traditional banks...
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Over the last year and a half, interest rates have jumped from historical lows of literally 0% to the highest level since 2007 at 5.5%. 30 FHA Mortgages have jumped from 2.65% in January of 2021 to...
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California and Hawaii are among the most desired domestic tourist spots in the United States, but not necessarily the most desirable destinations for retirees relying on Social Security to maintain...
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The average Social Security retirement benefit for a retired worker is $1,837 a month, as of June 2023, according to the Social Security Administration. “Social Security is not meant to be your...
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Blessed with fair year-round weather and its proximity to the economic powerhouse of Hollywood, Santa Barbara has for decades attracted the rich and famous. George Lucas, Oprah Winfrey, and Ellen...
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The share of Americans living below the poverty line rose in 2022, reversing several years of historic progress. Much of the increase in real poverty was due to the expiration of safety net programs...
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Rampant inflation has been eroding real incomes nationwide, but no doubt wealthier Americans have had an easier time handling soaring prices. In some U.S. states, more households have relatively...
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Many Americans spend their working life saving for retirement – but most remain woefully underprepared. The typical American between the ages of 55 and 64 has just $120,000 in a retirement...
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To determine the nation’s 25 biggest public company bankruptcies of all time, 24/7 Tempo reviewed data on bankruptcy filings from BankruptcyData’s 2021 Bankruptcy Yearbook, Almanac &...
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Between sales, property, capital gains, income and other taxes, the federal government collected $4.9 trillion in revenue in fiscal 2022. At an individual level, Americans pay over $10,000 in federal...
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Amidst the early stages of the pandemic, there was a remarkable surge in home sales across the United States. The homeownership rate in the U.S. escalated from 65.3% to 67.9% between the first and...
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Gold buying by central banks reached its highest level in 55 years this February 2023, according to the World Gold Council. The uptick in gold buying is part of a decades-long shift away from the...
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Last year was the strongest year for gold demand since 2011, and demand was high largely because of purchases by central banks. Annual gold demand jumped 18% to 4,741 metric tons, aided by record...
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Last Summer, U.S. gas prices exceeded $5 for the first time in history. The causes included the end of the pandemic leading to an increase in demand, and the Russian invasion of Ukraine, resulting in...
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The United States has long held the status as one of the most innovative countries in the world. This fact can be in part attributed to public funding of research and development projects. The U.S....
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