Back-to-school season is nearly here, and NerdWallet’s annual back-to-school shopping survey found an unexpected shift in a year where costs keep going up: On average, back-to-school shoppers — defined as parents of K-12 or college students who plan to back-to-school shop this year — intend to spend less than they did last year. Back-to-school shoppers…
Never since 1950 have the S&P 500’s price and earnings both been so far above the historical trend at one time, one strategist said.
Kieffer Named SVP of Investor Education and President of the FINRA Investor Education Foundation WASHINGTON – FINRA today announced that investor education and protection veteran Christine Kieffer will serve as Senior Vice President of FINRA’s Office of Investor Education and President of the FINRA Investor Education Foundation (FINRA Foundation). The appointment is effective immediately. Kieffer…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks rose Tuesday after a cooler-than-expected June consumer inflation report eased concerns that the Federal Reserve would need to raise interest rates this month. While the inflation data boosted…
JPMorgan blew past earnings expectations for the second quarter, as CEO Jamie Dimon said markets are booming.
Mortgage interest rates are higher today, as the war in Iran is heating back up. The average interest rate on a 30-year, fixed-rate mortgage rose to 6.53% APR, according to rates provided to NerdWallet by Zillow. This is seven basis points higher than yesterday and 11 basis points higher than a week ago. (See our…
ETF Inflows Top $1Trillion at the Halfway Point of 2026 “Investors poured $210 billion into US-listed ETFs in June, pushing year-to-date inflows past $1 trillion and putting 2026 on track for a $2 trillion haul if the current pace holds. US equity ETFs did most of the heavy lifting for the month, taking in $103…
High earners above the Roth income limit can contribute to a traditional IRA and immediately convert it to a Roth. The backdoor Roth conversion is legal and widely used, so use it to unlock tax-free retirement growth at any income. There’s one catch. Pre-tax money already sitting in your IRAs makes part of the conversion…
Not all debt is equal, but participants acting as if it is may be detrimental to their financial well-being, according to a recent study from Vanguard. In 2025, more than 75% of U.S. households carried debt, with balances reaching nearly $19 trillion, the Federal Reserve Bank of New York reported in its “Quarterly Report on…
Despite some encouraging signs, millions of Americans are still struggling with credit-card debt — sometimes to pay for the most basic needs.