More older Americans are carrying significant amounts of debt into retirement. Even with low interest rates, is that wise?
A report Friday from the U.S. Labor Department shows the economy added 313,000 jobs in February, well above estimates, while wage growth moderated to 2.6%.
A report Friday from the U.S. Labor Department is expected to show that wages climbed 2.8% in February from a year earlier, with unemployment falling further to 4%, based on economist surveys by the data provider FactSet.
Take a look at the Social Security Administration's expenditure chartbook, and see how your expenses and needs in retirement measure up.
Federal Reserve Governor Lael Brainard said in a speech that further gradual rate increases are "appropriate," especially in light of the economic stimulus expected to come from President Donald Trump's tax cuts.
Federal Reserve Chair Jerome Powell, sworn in earlier this month, testified Thursday before the U.S. Senate Banking Committee.
Personal income climbed 0.4% in January from the prior month, exceeding economists' expectations of a 0.3% increase.
The index climbed to 130.8 from 125.4 in January, the Conference Board, a Washington-based research association, said Tuesday in a statement. Economists had expected a reading of 127 on average, according to data provider FactSet. The index, based on a survey of consumers' assessment of business and employment conditions, was at its highest since 2000.