For many students, majoring in finance is a proven pathway to a well-paying career and job security. In fact, U.S. graduates believe that finance offers the best career prospects overall, considering today’s economic climate, according to a new survey by the CFA Institute, a non-profit focused on financial education. The group polled more than 9,000 current … Read more
Traders work on the New York Stock Exchange floor on Dec. 18, 2024. Spencer Platt | Getty Images For all the drama in the stock market of late, investors’ portfolio balances may not look too different from when President Donald Trump entered office. There have been some unnerving days amid the Trump administration’s tariff policies. … Read more
The newest hire at Goldman Sachs isn’t human. The bank is testing an autonomous software engineer from artificial intelligence startup Cognition that is expected to soon join the ranks of the firm’s 12,000 human developers, Goldman tech chief Marco Argenti told CNBC. The program, named Devin, became known in technology circles last year with Cognition’s … Read more
Katie Gatti Tassin Courtesy: Katie Gatti Tassin There are many unique hurdles that women face when it comes to money, such as the wage gap and caregiving responsibilities. Yet, there’s another challenge in women’s financial lives that is less-discussed — beauty costs, which can be an “insidious force in women’s financial lives,” said Katie Gatti … Read more
As President Donald Trump continues to set aggressive new tariff rates on imports, U.S. consumers are feeling the effects on their wallets. Tariffs are taxes on imported goods paid by the entity importing those products. Businesses often pass the cost of tariffs along to consumers through higher prices. Sometimes, it’s not so subtle. In June, … Read more
D3sign | Moment | Getty Images Women who invest began at an average age of 31, but most wish they had started putting money in the market earlier, a recent survey said. Nearly all — 90% — of the women investors surveyed said they’re “on the right track” to achieve their financial goals, according to … Read more
Emirmemedovski | E+ | Getty Images Even with the Federal Reserve on the sidelines, credit card rates are edging higher. In June, credit card interest rates rose for the third straight month, hitting the highest level since December, according to a recent report by LendingTree. Now, the average annual percentage rate is just over 20%, according to Bankrate. For … Read more
About 2,000 asset managers and investment advisors are here at the Exchange ETF conference in Las Vegas. A small ETF crowd arrived Saturday night to see Dead & Co. at the Sphere, who put on an amazing light show on top of an amazing music show. (What did you expect from the Dead?) Musical entertainment … Read more
U.S. Representative Josh Gottheimer, D-NJ, speaks during a press conference about the SALT Caucus outside the Capitol on Wednesday February 08, 2023 in Washington, DC. Matt McClain | The Washington Post | Getty Images President Donald Trump’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known … Read more
With higher prices now firmly entrenched, and President Donald Trump’s tariffs fueling inflationary concerns, most Americans say they need an income boost to get by, according to a new report. Nearly half, or 45%, of all adults said they would need to make $100,000 or more a year to feel financially secure, Bankrate’s financial freedom … Read more
