US gets hit with another credit downgrade — agency warns of ‘sustained deterioration’ of finances and ‘weakening’ governance. What you need to know
This article adheres to strict editorial standards. Some or all links may be monetized. It wasn’t that long ago that Moody’s knocked America’s sovereign credit rating down a peg — and now, the U.S. is taking another hit to its credit score. This time, it’s Scope Ratings sounding the alarm, warning that Uncle Sam’s financial […]
I paid my mom $200K to buy my late grandma’s home from her — but then realized it left us with no proof it’s actually mine. How do we make it legit?
For most people who dream of inheriting real estate, it will probably remain a dream. It’s only a reality for 2 to 7% of Americans, according to Federal Reserve data. (1) But if you’re among the lucky few to inherit a home, there are legal and tax implications. Things get more complicated if the heir […]
Your company’s forcing you back to the office — and you’re ready to quit. Here’s how to get your finances in shape before you hand in your notice
Lily and her husband decided to leave Brooklyn after they had their first child. Their apartment was too cramped and her brother had a vacation home in a town two hours north of New York. They closed the sale of their property in late summer 2024, and Lily’s work told her they were fine with […]
A Trump change to the way companies report earnings could be coming. Here’s how it might reshape the way you track — and manage your investments
The rhythm of Wall Street — driven by quarterly earnings calls — could be about to change. President Donald Trump is proposing that companies only report results twice a year, a move that could shift how investors spot opportunities and manage risk. Trump renewed his call on September 15, saying publicly-traded businesses should be allowed […]
I’m 35 years old and working bores me — I just inherited $1M from my grandpa and it feels like a sign. Can I quit my job and live off this windfall?
While the idea of being a millionaire seems like a one-way ticket to an easy life, the truth is, a million dollars doesn’t last very long. Take the case of Andrew. He’s 35, and just inherited $1 million from his deceased grandfather. He currently has $200,000 in savings between his retirement accounts and investment funds, […]
Florida residents are struggling to sell properties amid painful housing market — is the Sunshine State’s migration tide finally turning?
During the COVID-19 pandemic, the state of Florida saw a massive influx of new residents, specifically between January and June of 2020. As states across the country began to implement lockdowns and restrictions to public areas, many Americans found themselves flocking to the beaches of Florida for more space and better outdoor recreational opportunities. Must […]
Patient deaths spiked in US hospitals after acquired by private equity firms, Harvard reveals — how ‘for-profit’ care puts American lives at risk
A new study published by Harvard detailing higher patient mortality in private equity (PE) owned hospitals could cause public confidence in the institutions to flatline. (1) Private equity–owned hospitals are medical facilities purchased by investment firms that use borrowed money to acquire, streamline and resell companies for profit — often within just a few years. […]
This New York woman took out a $35K loan for her boyfriend — then they broke up. Now she’s stuck with the debt, and The Ramsey Show has more bad news
Taking out a loan for someone you love might seem like a gesture of trust and commitment — but if the relationship ends, you could be stuck with the debt. That’s exactly what happened to Lily, a woman from New York who called into The Ramsey Show to speak with hosts Ken Coleman and George […]
My dad, 75, only has $31K saved for retirement and he’s freaking out — how do I help him make the most of his $70K salary to save his retirement?
This article adheres to strict editorial standards. Some or all links may be monetized. As of 2022, the typical American aged 75 and over had $130,000 in retirement savings, according to the Federal Reserve. However, Americans 65 to 74 had a median retirement savings balance of $200,000. The reason older people have less money may […]
40% of US adults admit to having kept a financial secret from their partner — here’s how to tell if your spouse is trying to hide assets
No one walks down the aisle thinking about the exit, but divorce still finds its way to about one in three Americans who’ve ever been married, according to Pew Research. And when it does, it can upend every corner of your life — from where you live to how you parent to what’s left in […]