Tag Archives: Americans

[unable to retrieve full-text content]Americans would love to see stocks in Santa’s bag this year  Yahoo Finance Source link

Last year’s stock market volatility rattled Americans so much that almost 2 in 3 prefer to have their money sit in cash on the sidelines rather than endure market swings. That is the latest finding from Allianz Life, which asked this question for the first time in a recent survey of 1,005 adults over 18 in December. And data released in January by the Department of Commerce shows that Americans are again starting to sock away more cash. The savings rate for December was 3.4% — the highest… Source link

For Mel Ligon and his wife, remnants of the 2008 housing crisis kept them from realizing major savings from refinancing their Chicago home during the pandemic refi boom. They had a deferred principal placed on their home during the Great Recession when they used a government program to refinance after their household income dropped by half. About a decade later, that prevented them from benefiting from the historically low mortgage rates. “Even when homes started to recover, we have this… Source link

In this Sept. 24, 2019, file photo a sign is shown on a Google building at their campus in Mountain View, Calif. Jeff Chiu/AP hide caption toggle caption Jeff Chiu/AP … Source link

USA’s forward #10 Christian Pulisic (C) runs with the ball during the Qatar 2022 World Cup Group B football match between England and USA at the Al-Bayt Stadium in Al Khor, north of Doha on November 25, 2022. (Photo by Paul ELLIS / AFP) (Photo by PAUL ELLIS/AFP via Getty Images) AL KHOR, Qatar — The U.S. men’s national team outplayed and at times even dominated England at the World Cup on Friday night, and before we get to the result or the implications, it’s worth letting that sink… Source link

US productivity is on the decline and employees are less willing to ‘engage in hustle culture,’ as 1 in 5 Americans admit to doing the ‘bare minimum’ There’s no doubt about it, employees across the country are pulling back at work. Labor productivity is slowing this year, according to the U.S. Bureau of Labor Statistics. The government agency comes up with this measurement by taking output per hour and dividing that number by an index of all the workers — paid and unpaid. While this… Source link

‘Not living their life to impress others’: Here are the top car brands that rich Americans earning more than $200K drive most — and why you should too If money is no object, what car would you drive? Mercedes, Bentley, or perhaps the prancing horse from Maranello? Those are what we think of as “rich people cars.” But reality is a bit different. Don’t miss Toyotas, Hondas, and Fords? According to a study by Experian Automotive, a lot of wealthy folks simply don’t drive fancy cars. The… Source link

Economic inequality between the richest and poorest Americans is continuing to widen, boosted by the fallout of the coronavirus pandemic. According to data from the Federal Reserve, household wealth among the top 1% of Americans grew from $17.08 trillion in Q3 2010 to $35.3 trillion in Q3 2020, and currently sits at $42.13 trillion. (Wealth is defined as the value of all assets of worth owned by a person or entity, while income is the money that the person or entity received in exchange for… Source link

Nearly half of Americans earning more than $100K now report living paycheck to paycheck — here are the consequences Americans are still grappling with high inflation — the consumer price index was 8.3% in August — and even the wealthy are teetering on the edge. About 6-in-10 Americans were living paycheck to paycheck in August, according to a recent report produced by commerce data platform PYMNTS and personal loans website LendingClub. And even those who earn six-figure incomes are… Source link

A tenth of last year’s list failed to make the cut in 2022. A handful lost their billionaire status altogether. It was a bit easier to make The Forbes 400 list of America’s richest people this year, with the minimum net worth dropping by $200 million, to $2.7 billion. Still, amid surging inflation and recoiling markets, 41 members of the 2021 Forbes 400 lost their spot among this elite set in 2022. Six lost their billionaire status altogether, while another five members of last year’s… Source link