401(k), IRA balances fell for older millennials, young Gen Xers in the pandemic — here's why
Rising access to 401(k) plans has created more small accounts among young savers, say researchers.
Rising access to 401(k) plans has created more small accounts among young savers, say researchers.
Dec 14, 2023 Everyone wants to invest in lucrative ventures, but finding the right opportunities can be tricky. If you are new to investing or already have investment portfolios and want to diversify, go the precious metals path. With the uncertainty of the economy and other factors, no one is sure of their financial future
Growth | Dec 14, 2023 Bessemer Venture Partners, the venture capital firm unveils a series of transformative Product-Led Growth strategies, offering a blueprint for fintech companies to drive sustainable growth and customer engagement in an increasingly competitive market. Originating from the innovative strategies of Atlassian in Sydney, Australia, PLG has evolved into a powerhouse approach,
What should investors do amid the stock market rally? Financial advisors weigh in.
Innovation | Dec 14, 2023 New Community Building Platform, Waterloo Inc, Launches in Kitchener-Waterloo As reported by Betakit, a significant development in the Kitchener-Waterloo tech scene is the launch of Waterloo Inc. (WINC), a new platform aimed at fostering community-building and innovation economy discussions. This initiative, developed in collaboration with the Medical Innovation Xchange (MIX)
Report | Dec 13, 2023 McKinsey Report Highlights Fintech Growth Trends As detailed in a recent McKinsey report, the banking industry continues to evolve, driven by rapid digitalization and changing consumer preferences, positioning fintechs at the vanguard of reshaping financial services. Innovative approaches are challenging traditional banking models and creating new paradigms for customer engagement
Deflation is the opposite of inflation: It's when prices fall instead of rise. Some sectors have seen deflation over the past year.
BNPL | Dec 13, 2023 The Office of the Comptroller of the Currency (OCC) recently issued a Bulletin 2023-37, focusing on the risk management of 'Buy Now, Pay Later' (BNPL) retail lending. This bulletin aims to guide banks in effectively managing risks associated with BNPL lending and ensuring responsible loan offerings. It underscores the importance
CNBC's senior personal finance correspondent Sharon Epperson shared advice with high school students at Junior Achievement of Middle Tennessee in December.
The Federal Reserve's period of policy tightening may be over, but household budgets have taken a hit since March 2022.
Bitcoin Regulation | Dec 13, 2023 Bitcoin exchange-traded funds (ETFs) listing discussions between the SEC and asset managers have progressed suggesting that the SEC may soon approve these innovative financial products. Here's what you need to know: As reported by Reuters, the talks have reached a stage where key technical aspects are being discussed. This
While most Americans agree couples should talk about money before living together, younger generations believe the conversation should happen earlier.
Investor interest in the last few years largely stems from a desire for stable returns at a time of high inflation and heightened volatility in public markets.
Regulation | Dec 12, 2023 ASC Launches Advisory Committee for Tech-Innovation in Finance The committee, composed of thought leaders and experts from various sectors including fintech, legal, regulatory, and finance, is tasked to bridge the gap between cutting-edge financial technologies and the existing securities regulatory framework. It's a timely initiative, as the financial sector is
The resumption of student loan payments this fall means borrowers can claim the interest deduction again at tax time. Here's what to know.