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April brought the highest unemployment rate — and monthly rate increase — since the Great Depression. And the lowest labor force participation rate since 1973. And the lowest employment-to-population ratio since the U.S. began tracking seasonally adjusted data in 1948. Basically, April...

Trading was halted right after the Monday's opening bell on U.S. stock exchanges as the S&P fell 7%, triggering the automatic circuit breaker stoppage that was put in place after an earlier "Black Monday," in 1987 and updated after the 2008-2009 financial crisis. "Markets...

In an emergency measure, the U.S. Federal Reserve cut interest rates by 0.5% on Tuesday, citing concerns about the negative economic impact of the COVID-19 coronavirus outbreak. The Fed lowered its fed fund target rate range from between 1.5% and 1.75% to a new target range of between 1% and 1.25...

The S&P 500 rebounded Friday morning after the latest U.S. jobs report was slightly weaker than expected. Slowing but strong jobs growth could prompt the Federal Reserve to slow or pause its interest rate hikes, but one economist says it also serves as an indicator a U.S. recession is not...

Every month, the Department of Labor releases data pertaining to the unemployment rate, wage rates and the overall status of the economy. Despite poor headline numbers, TD Ameritrade chief market strategist JJ Kinahan said the economy is showing innate strength. “What [the report] does...

“This is a seismic event that is rattling out from Seattle, as it has the promise of transforming a space that all American consumers have to do business in,” Bankrate.com’s senior economic analyst Mark Hamrick told Benzinga, referring to Amazon.com, Inc. (NASDAQ: AMZN)'s...

Goldman Sachs Group Inc (NYSE: GS) has for over a century been associated with uber-wealthy investors and corporate titans, handling exclusively deals with astronomical values. With such a reputation, the introduction of GS Bank, which accepts deposits as low as $1, may seem counter-intuitive. Seen...

There are plenty of difficult financial waters to navigate in young adulthood, but unfortunately, a growing number of Americans are shouldering a massive debt burden that is quite literally changing the way they live their lives. The latest data shows that debt is a top concern for members of the...

According to a report released Monday by Bankrate.com (NYSE: RATE), the Phoenix metro area has been cited as the best place for retirement, while New York City ranked the worst. Based upon weather, cost of living, healthcare quality, crime rate, walkability, senior well-being, and tax burden,...

A recent Bankrate Inc (NYSE: RATE) report used the hook, "Want to save on car insurance? Get married!" According to a new InsuranceQuotes.com study, married 20-year-old individuals pay 21 percent less on their policies than their single doppelgängers. Similarly, 20-year-old women...

An important healthcare deadline is fast approaching, but many Americans appear to be either unconcerned or in the dark about how that deadline can and will affect them. Open enrollment in the Affordable Care Act (ACA), aka Obamacare, ends March 31. And people who haven't signed up for heath...

Janet Yellen made her first congressional appearance as Chair of the Federal Reserve on Tuesday, testifying on economic policy issues before the House Financial Services Committee. And she appeared to make a strongly positive first impression. Her cordial approach, along with her signaling of...

With Black Friday looming (or Black Thursday if you are so inclined), now is as good a time as any to consider a few tactics for avoiding overspending over the holidays. Despite your good intentions, the cheery music, bright lights, enticing ads and impulse displays in stores often trick...

While Benzinga mostly covers actionable trading ideas and news stories, we've decided to delve a bit deeper into personal finance. The team at Benzinga would like to assist readers with not just their investing endeavors, but their financial lives as a whole. And today, we continue this effort...

While Benzinga mostly covers actionable trading ideas and news stories, we've decided to delve a bit deeper into personal finance. The team at Benzinga would like to assist readers with not just their investing endeavors, but their financial lives as a whole. And today, we continue this effort...