CNN — It’s age-old questions: How much does it take to feel financially secure? How much would you need to feel rich? According to a new Bankrate survey, more than 2,500 US adults said they needed to earn an average of $233,000 a year to feel financially secure and $483,000 a year to feel wealthy … Read more
CNN — Wall Street bankers, investors and economists have been puzzling for months whether a recession is imminent in the US. But for some Americans, the relentless economic pain that typifies a recession has already set in. Al Brown and his fiancée faced a tough question when reviewing their weekly budget in May: Which is … Read more
CNN — New York City has been cleared to introduce congestion pricing, a practice that allows the city to charge drivers going to Lower Manhattan, New York Gov. Kathy Hochul announced Monday. The decision paves the way for the city to start the program as early as next spring. CNN has reached out to the … Read more
new York CNN — The average balance of employer-sponsored savings plans last year was $112,572, well below the $141,542 in 2021. That’s according to the latest annual report, How America Saves, from investment firm Vanguard, which acts as bookkeeper for defined contribution plans that collectively have nearly 5 million participants with an average age of … Read more