Financial Advice for the Sandwich Generation
Between "boomerang" children moving home on the one hand and financially dependent parents on the other, the Sandwich Generation could use a break -- and some sound advice.
unemployment
Federal Reserve Maintains Stance on Record-Low Interest Rates
The Federal Reserve said it plans to keep its benchmark rate near zero as long as unemployment exceeds 6.5 percent -- a level expected into 2015.
Fed Seen Maintaining Stance on Record Low Interest Rates
The Federal Reserve on Wednesday is expected to maintain its resolve to keep borrowing costs at record lows despite growing signs that the economy is strengthening.
U.S. Stocks Keep Rising as S&P 500 Nears Record High
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.
Can Poor Credit Cost You a Job? A Recent Study Says Yes
For many of the most desperately unemployed, credit checks may be standing between them and a job, a new study shows.
Jobless Claims Fall Unexpectedly as Labor Market Improves
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting a pick-up in the labor market recovery. Initial claims for state unemployment benefits fell 7,000 to a seasonally adjusted 340,000.
Initial Jobless Claims Fall by 22,000, Suggesting Improved Labor Market
The number of Americans filing jobless claims fell more than expected last week, suggesting some traction in the labor market recovery. Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 344,000, the Labor Department said on Thursday.
Leading Economic Indicators Index Up 0.2% in January
A measure of the U.S. economy's future direction edged up in January from December, suggesting slow growth will continue in the coming months. The Conference Board says its index of leading indicators rose 0.2 percent in January to 94.1, the second straight increase.
10 States with the Most People Living on Edge of Financial Ruin
Across America today, millions of people are unable to save for even short-term emergencies -- but in some places, people have it worse than others. Business Insider reveals the states where residents are the least able to cope with unexpected money troubles.
Walmart's Patriotic Pledge: We'll Hire Any Veteran Who Wants a Job
Walmart is making a bold promise to hire every veteran who wants to work there. The world's largest retailer and the nation's largest private employer says it projects it will hire more than 100,000 veterans in the next five years.
Fiscal Cliff Averted: And Here Are the Next 6 Crises to Worry About
The fiscal cliff has been averted -- at least for now. But if we've managed to dodge one devastating, intentionally-created crisis, there are plenty more massive problems on deck. Here's a list of the next six ways Washington could mess things up for tens of millions of Americans.
Initial Jobless Claims Rise, But Distorted By Holidays
More Americans sought unemployment benefits last week, though the winter holidays likely distorted the data for the second straight week. The Labor Department says weekly applications rose by 10,000 to a seasonally adjusted 372,000 in the week ended Dec. 29.
What History Predicts for Stocks in 2013
The race doesn't always go to the swift, goes the old saying. But that's the way to bet it, replies the savvy gambler. So it is with the old saying about the stock market. Past performance is no guarantee of future returns. But it still makes sense to look at historical data - because that's the way to bet it.
U.S. Jobless Aid Applications Fall to 5-Year Low
The average number of people seeking U.S. unemployment benefits over the past month fell to the lowest level since March 2008, a sign that the job market is healing. The Labor Department said Thursday that weekly applications dropped 12,000 to a seasonally adjusted 350,000 in the week ended Dec. 22. The four-week average, a less volatile measure, fell to a nearly five-year low of 356,750.