The Reserve Bank of India’s latest Financial Stability Report shows steady improvement in bank balance sheets, with the non-performing asset ratio at a multi-year low, well-placed capital reserves and strong earnings. Given that India’s financial system is dominated by banks, ...

Exciting news is on the horizon for retirees in 2025, thanks to the anticipated adjustments for Cost of living allowance (COLA) for Social Security beneficiaries in the United States. While initial expectations may not be fully met, there is still plenty of ...

The oldest members of Gen X are hitting a major retirement milestone: As of this week, they begin turning 59 1/2 years old, giving them the ability to withdraw funds from 401(k)s and IRAs theirs without paying the 10% early ...

The U.S. labor market added more jobs than expected in June, while the unemployment rate rose unexpectedly, hitting its highest level since November 2021, another sign that the labor market continues to cool. Data from the Bureau of Labor Statistics ...

Mortgage costs are still the biggest challenge facing homebuyers and those taking out fixed-term deals, the UK’s biggest mortgage lender has said. However, the squeeze caused by higher interest rates is likely to gradually ease as incomes rise and house ...

So You’re Contributing to a 401(k) While Investing and Saving Big – 3 Retirement Mistakes You Can Still Make Retirement can be an exciting milestone, but it requires thorough planning. The good news is that 68% of Americans feel confident ...

In an episode of “The Ramsey Show” titled “Should I Pay My Mortgage or Save for Retirement?”, a caller named Dan from Colorado asked for advice on whether he should prioritize paying his mortgage or saving for retirement. pension. At ...

China’s economy has been hit by a slump in the property market and volatile stocks in recent months, but it may now be on the precipice of a bond bubble burst. In an unprecedented move, the People’s Bank of China ...

This year has brought a lot of news about Social Security and difficult times for the federal agency, especially in the previous months when the SSA had to face harsh criticism from beneficiaries because of their overpayment tactics. Nancy Altman, president of ...

TOKYO (Reuters) – Japanese household spending fell unexpectedly in May as higher prices continued to squeeze consumers’ purchasing power, data showed on Friday, complicating the central bank’s decision on how quickly to raise interest rates. Many analysts expect consumption to ...