personal finance

13 occupations where more than 50% of employees are satisfied with their compensation

13 occupations where more than 50% of employees are satisfied with their compensation

Want to be satisfied with how much money you make? Go into product management, engineering, or real estate, where employees are more likely to say they feel well paid for their work. That’s according to LinkedIn’s Labor Confidence Index, which surveyed more than 32,000 U.S. workers between June and September. In these fields, about 60% …

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56% of Americans believe the U.S. is already in recession.These 4 steps can help you protect your finances during a downturn

56% of Americans believe the U.S. is already in recession.These 4 steps can help you protect your finances during a downturn

It’s easy to get swayed by headlines and market declines when you’re not clear about your work goals. Amanda Wallace Head of Insurance at MassMutual Meanwhile, a MassMutual poll found that a majority of Americans (80%) are already concerned about how a recession will affect their day-to-day finances. The survey was conducted in August and …

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Bond yields surged as markets weighed the threat of a recession.What this means for your investment

Bond yields surged as markets weighed the threat of a recession.What this means for your investment

Hoxton/Sam Edwards | Getty Images Bond yields jumped this week after the U.S. Federal Reserve raised interest rates again sharply, warning of a market in trouble. The yield on the policy-sensitive 2-year Treasury note climbed to a 15-year high of 4.266% on Friday, while the benchmark 10-year Treasury yield hit 3.829%, the highest in 11 …

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Benchmark bond yields are "bad news" for investors as the Fed hikes rates by 0.75%.What this means for your portfolio

Benchmark bond yields are “bad news” for investors as the Fed hikes rates by 0.75%.What this means for your portfolio

Mossa Images | E+ | Getty Images Government bonds could signal trouble for the market as investors price in another 0.75 percentage point hike from the Federal Reserve. Ahead of the Fed news, the policy-sensitive two-year U.S. Treasury yield climbed to 4.006% on Wednesday, its highest level since October 2007, and the benchmark 10-year U.S. …

Benchmark bond yields are “bad news” for investors as the Fed hikes rates by 0.75%.What this means for your portfolio Read More »

Here's how persistently high inflation could affect your tax bracket for next year

Here’s how persistently high inflation could affect your tax bracket for next year

Jamie Grill | Getty Images As Americans grapple with skyrocketing prices, experts say we’re likely to see higher-than-usual IRS inflation adjustments for 2023 — covering tax brackets, 401(k) plan contribution limits and more. Kyle Pomerleau, a senior fellow at the American Enterprise Institute and a federal tax expert, said these annual IRS changes are built …

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Experts say America's retirement system gets a "C+" rating — even though it's worth $39 trillion.That's why

Experts say America’s retirement system gets a “C+” rating — even though it’s worth $39 trillion.That’s why

Siriporn Wongmanee/Eyeem | Eyes | Getty Images America’s retirement system may look advanced — but it ranks poorly compared to other developed nations. Americans have more than $39 trillion in wealth earmarked for retirement by the end of 2021, according to the Investment Company Institute. However, in various global retirement rankings by industry players such …

Experts say America’s retirement system gets a “C+” rating — even though it’s worth $39 trillion.That’s why Read More »

Should I buy the stock now or wait?Two experts weigh the current market

Should I buy the stock now or wait?Two experts weigh the current market

While stock market investors have been in the red for most of 2022, Tuesday was an exceptionally bad day. The consumer price index report released early on Tuesday showed that inflation was rising despite the Federal Reserve continuing to raise interest rates. That sent stocks plunging to their biggest one-day drop since June 2020, with …

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22-year-old shares nightmare of being scammed by fake job: 'I went from excitement to depression in a month'

22-year-old shares nightmare of being scammed by fake job: ‘I went from excitement to depression in a month’

Earlier this summer, Callie Heim was excited to start her marketing at popular self-driving car company Waymo. She’s had a rough year — her mom recently passed away, she’s moved back home, and she’s adjusting to life after college. The job offer felt like a tipping point: “I’m at my lowest point, feeling like I’m …

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'We haven't seen food inflation peak': Food prices haven't risen so sharply since 1979, with a grocery staple up nearly 40%

‘We haven’t seen food inflation peak’: Food prices haven’t risen so sharply since 1979, with a grocery staple up nearly 40%

Food prices continued to rise in August, putting pressure on low- and middle-income households in particular. The cost of preparing food for households rose 13.5 per cent compared to August 2021, government data showed, the highest growth rate since March 1979. The annual increase in the US consumer price index in August was 8.3%. Overall, …

‘We haven’t seen food inflation peak’: Food prices haven’t risen so sharply since 1979, with a grocery staple up nearly 40% Read More »