13 Major Suburbs Where Poverty Is Soaring
Don't let the white picket fences fool you. For the first time ever, poor people in America's largest suburbs outnumber those in cities.
Don't let the white picket fences fool you. For the first time ever, poor people in America's largest suburbs outnumber those in cities.
It turns out that Americans in their sixties today have it better than any generation before them, but the generations behind them face a much less prosperous retirement.
Gold, often touted as the most trustworthy of investments, has looked wild over the past month, plunging $200 in April. Where is it headed next?
The U.S. stock market may have fully recovered from the Great Recession, but the percentage of Americans who own stocks is still dropping.
Australia is not only the home of the koala, the kangaroo, and the duck-billed platypus, but may also be home to that other rare and exotic animal: the secure retirement.
A special report looks back at President Obama's campaign promises for jobs and the economy, and what he has done -- or not done -- to keep them.
Stocks were slipping on Wall Street Monday morning after an industry group reported that U.S. manufacturing growth cooled in March and was weaker than economists had forecast.
U.S. builders started more houses and apartments in February and obtained permits for future construction at the fastest pace in nearly five years, a new report shows.
Encouraging news from the job market pushed the stock market up early Thursday, putting the Standard & Poor's 500 index near its all-time high. The S&P 500 rose seven points to 1,561 -- just four points away from the high it hit in October 2007 -- before retreating marginally after 10 a.m.
The Silicon Valley is adding jobs faster than it has in more than a decade. Stocks and fortunes are soaring. But bleaker records are also being set: Food stamp participation just hit a 10-year high and homelessness rose 20 percent in two years. Simply put, while the ultra-rich are getting even richer, record numbers of Silicon Valley residents are slipping into poverty.
For the first time in a generation, there seems to be political will on both sides of the aisle to pass new immigration legislation. It's an issue generally framed as a political or cultural one, but it has profound consequences for investors, businesses and the whole U.S. economy.
When the Federal Reserve meets this week, it's likely to affirm a message it intends to help lift the economy: that consumers and businesses will be able to borrow cheaply well into the future -- even after unemployment has dropped sharply.
When the financial crisis hit, Washington chose to rescue America's biggest banks, lest their failure crush the economy. Now, "too big to fail" has morphed into "too big to jail," and letting them remain that way isn't good for the economy -- or the banking industry.
The hardest part of investing can sometimes be getting out of your own way. Too often, we let emotions guide our investing strategies, with disastrous results. A new study reveals the most common mistakes: We've summed up the popular pitfalls so you can avoid them.













