The Federal Reserve makes headlines from New York to Hong Kong anytime it lifts its benchmark interest rate. Rightfully so, as any increase tends to drive up borrowing costs on everything from credit cards to auto loans and mortgages.
There’s a more important factor that determines how much you’ll pay...
On Wednesday, the Federal Reserve raised interest rates by a quarter of a point. That's the sixth rate hike since it began raising rates from when they were at near-zero in December 2015, and there are three more increases predicted for 2018.
Why does this matter outside of the finance...
Over the past three decades, Jon Bon Jovi has sold more than 130 million albums, earned a place in the Songwriters Hall of Fame in 2009 and his his Grammy-winning band, Bon Jovi, will be inducted into the Rock and Roll Hall of Fame in April 2018.
He's also "a...
The Cheesecake Factory is mall food on steroids. Everything is bigger and extravagant, from the signature sugar-bomb desserts to calorie-loaded main dishes that barely fit on the tables.
The chain restaurant is also pricier than more middle-of-the-road establishments like Chili’s or Olive Garden. Entrees tend to run from about $15...
Atrial fibrillation is putting a huge burden on the NHS. The condition, which causes an irregular and often abnormally fast heart rate, increases the risk of stroke by up to five times, and is estimated to cause around 12,500 strokes each year.
But around 7,000 strokes and 2,000 premature deaths...
Though owning a home has long been hailed as the American Dream, that's not necessarily the case when it comes to retirement. Since 1990, homeownership has declined among 55-64 year-olds, and experts expect this trend to continue in the coming years.
Of course, owning a home in retirement has certain...
Cruise lines are notorious for having a nickel-and-dime mentality. But that shouldn’t stop you from setting sail on the high seas. With a little insider info and some money-saving tips, booking a cruise without breaking the bank is well within reach.
Before your next cruise, you’ll want to keep these...
Whether it’s a hotel stay, shopping or dining out, a vacation to Paris can be a pricey proposition, especially if you’ve got your sights set on an upscale trip. But there are plenty of ways to stretch your dollar in the City of Lights and have a high-end getaway.
Barkley...
If you’re concerned about having enough money in retirement, you’re not alone.
And if you’re behind on savings, you’re in good company there as well. The average American’s 401(k) balance just reached $104,300, while the average IRA balance hit $106,000, according to Fidelity. But while these numbers actually represent an...
Chris Reining isn't your average retiree. He said goodbye to his working years at 37, and is now financially independent, living his life on his own terms.
Growing up in a middle-class family in Illinois, Reining says he did well in school, earned scholarships, and attended the school that paid...
