FOX Business5 days ago'Great migration' continues as more Americans flee New York, San FranciscoFOX Business - Megan HenneyThe exodus from major cities in states run by Democrats continues. A growing number of Americans are migrating from predominantly blue cities like San Francisco and New York, according to a Bank of America analyst note that is based on aggregated and anonymous internal customer data. In the …
FOX BusinessSocial Security benefits are falling short. The problem could soon get worseFOX Business - Megan HenneyHigh inflation is continuing to wreak havoc on older Americans' finances. New research published by the Senior Citizens League, a nonpartisan group that focuses on issues relating to older Americans, estimated that Social Security benefits have lost 20% of their buying power since 2010. On average, …
FOX BusinessWhy July is an ideal time for a mid-year money check-inFOX Business - Erica LambergJuly is often thought of as a time for home improvement projects, well-deserved vacations and leisurely day trips. In addition to these activities, financial pros say that the mid-year month of July is an ideal opportunity to assess your financial situation so you’re better prepared for the rest of …
FOX BusinessGen Z benefits most from financially supportive parents, especially for rent and housing costsFOX Business - Breana ScheckwitzIt is common for parents to support their children even as they enter adulthood, but at what point should parents cut the financial ties? The specific cutoff age for each family depends on various factors, including the support agreement made between parents and children, the family’s financial …
FOX Business'Rich Dad, Poor Dad' Robert Kiyosaki talks wealth building and co-author former President TrumpFOX Business - David Unsworth , Sophia ComptonRobert Kiyosaki is a businessman, investor, and best-selling author, whose book "Rich Dad Poor Dad" has sold over 32 million copies and launched a chain of seminars. The book emphasizes increasing one's financial literacy, investing in assets, and building wealth. He also authored a book with former …
FOX BusinessNew 401(k) rule makes it easier to tap savings for emergenciesFOX Business - Megan HenneyA new law will make it easier for Americans to use their 401(k)s and other retirement funds as an emergency ATM. Under new IRS rules, Americans can now withdraw up to $1,000 from their 401(k)s without any penalties if the money is needed to cover a financial emergency. Acceptable reasons for a …