Bankrate

Following a busy spring real estate season, the summer is another exciting time for the market. The competitive season may cause home seekers to assume that winter is the only time to score a discount price. This perception may not be the case: if an increased spring inventory is undersold,...

Seven years after the U.S. housing market bottomed in February 2012, the market has staged a dramatic recovery. U.S. housing prices are now about 11 percent higher than their 2006 peak, according to the latest S&P/Case-Shiller U.S. National Home Price Index data. National Averages While that...

Job growth ground nearly to a stop last month with the U.S. economy adding the fewest number of workers to payrolls since well over a year ago. Nonfarm payrolls increased by just 20,000, the worst job creation month since September of 2017, the Bureau of Labor Statistics said Friday. While fewer...

President Donald Trump delivered his highly anticipated State of the Union address Tuesday night. While Trump didn’t drop any major bombshells in the speech, he did touch on several issues that could impact financial markets. Trade War U.S. investors were hoping for a positive update on trade...

For the second straight morning, U.S. investors concerned about an imminent recession received data suggesting the economy is stronger than expected. The S&P 500 traded higher on Friday morning after the U.S. jobs market bounced back from a relatively weak November reading and exceeded...

On Wednesday, the Federal Reserve delivered the interest rate hike the markets were expecting. The Fed announced it will be upping the fed funds target rate by 0.25 percent to a range of 2.25-2.50 percent. “The Committee judges that some further gradual increases in the target range for the...

Nearly one-third of U.S. lottery winners declare bankruptcy, often within just a few years of their big win, according to a study by Wolf Street. After sizable tax obligations, lavish spending decisions and prior monetary commitments to friends, family, or the clerk at the liquor store, winning the...

A recent study from Bankrate revealed that cash is millennials' preferred long-term investment. While cash is certainly the safest bet in the near-term, historical evidence suggests millennials who stick to this investment strategy over time will be missing out on some major wealth. By The...

The generation that could kill off paper currency is still very much into cash. Thirty percent of millennials, defined as 18-37 year olds, said cash is the best place to park money they will not need for 10-plus years, according to a study from Bankrate. Despite record highs in the...

After a strong start to the year, the labor market showed symptoms of normalizing, allaying some concerns of an overheated economy.  The below-consensus job gains for March — along with intensifying fears of a brewing U.S.-China trade war — spooked the markets, as the major...

The Bureau of Labor Statistics released employment data for the month of February, and the jobs report blew expectations out of the water. Here’s a rundown of everything you need to know. What You need To Know The nonfarm payroll number came in at +313,000, and the private payroll...

Bankrate Inc. has quietly acquired upstart MyFinance and is in the process of integrating its tools to provide a consolidated offering, a person with direct knowledge of the deal told Benzinga. A formal announcement is expected in the coming weeks. The two had rivaled for a share of the market...

February fools! After appearing to have begun recovery from the early week sell-off, the markets took another big dip Thursday. The S&P 500 closed down 3.8 percent, Dow Jones Industrial Average 4.2 percent and NASDAQ Composite 3.9 percent. The VIX closed up about 24 percent. Some experts had...

There were few surprises in President Donald Trump’s first State of the Union Address on Tuesday night, but investors did get some glimpses of what they can expect from the administration in 2018. Following the speech, several analysts, economists and financial experts weighed in on the...

Janet Yellen, the pro tem chair of the U.S. Federal Reserve, is entering the final stretch of her time at the helm of the world’s most powerful and influential central bank. Yellen submitted her resignation Nov. 11, effective once her successor is sworn in next year. A Historic Stint...