finance
Royal Bank of Canada fires finance boss over undisclosed relationship
The Royal Bank of Canada fired its Chief Financial Officer Nadine Ahn after an internal probe revealed that she was in an undisclosed personal relationship with another employee that violated...
Junior bankers say they'll quit after bonuses fall — but top 0.1% celebrate soaring market and plunging private jet costs
Low-level bankers didn't get the 100% bonuses they expected but the biggest bosses are smiling: stocks and Bitcoin are up and jet charters are down.
Americans believe they need this much to retire, but actually have far less stashed away: study
Americans certainly have a good idea of how much they'll need to retire one day -- they just don't have the same savings in the bank yet.
Do Americans believe in karma? Here's how many pay it forward
That’s according to a survey of 2,000 U.S. adults which revealed that 84% buy into the idea that what goes around comes around.
The shocking truth about Gen Z's spending habits revealed
The new study refutes stereotypes about Gen Z and their spending.
Gen Z TikTokkers reveal how much how they budget their finances in hot new 'payday routines' trend
One trend, however, is rawer than most as creators are sharing very transparently how they divvy up their paychecks each week.
Biden 'cancels' nearly $6B in student loans for public sector workers
President Biden announced that $5.8 billion in student loans would be "canceled" for 78,000 borrowers working in the public sector.
Credit scores fall for the first time in a decade as Americans struggle to pay their bills
Credit scores have fallen for the first time in a decade as consumers struggle to make payments on time and save money, according to a recent report from FICO.
You're budgeting wrong now — why the 50/30/20 method no longer works and how much you should save instead
Sen. Elizabeth Warren's 50/30/20 method was once touted as a gold standard for budgeting, fortifying followers for a strong financial future while still allowing them to enjoy their day-to-day lives.
Gen Z least financially confident generation: survery
A new WalletHub survey finds a substantial 57% of Gen Zers prefer savings accounts as their investment method.
The NY Times uses discredited data to pretend people aren't returning to NYC offices
The New York Times article by Emma G. Fitzsimmons and Jeffrey C. Mays, of the Bill de Blasio “tale of two cities” stripe, claim not all New Yorkers benefit equally...
Millennial women are about to get richer and control more money than ever, report finds
"By 2030, American women will manage at least $30 trillion, more than the national GDP," an Ellevest report said. "We've never seen this kind of change."
Jacob Rothschild’s death triggers 'Succession'-style battle for his $1B real estate and investment empire
With a family fortune estimated at $1 billion, according to The Sunday Times’ 2023 Rich List, naming the next Rothschild leader is being treated as seriously as the accession to...
Is the US economy heading towards 1970s-style stagflation? Here's what top strategists say
U.S. stocks smashed a new record high last week, but the rally may not last for long thanks to heightened risks that the economy returns to a 1970s-style stagflation scenario.
Does Gen Z prefer social media clout or financial stability? This poll has the answer
A survey of 500 Gen Z and 500 millennials revealed that nine in 10 millennials would rather have an “excellent” credit score than 50,000 followers on TikTok, according to new...
Dear Abby: My mother-in-law complains constantly – she loves to suffer
Dear Abby weighs in on a mother-in-law who complains constantly but won't accept help and a sister who has found herself in a financially and emotionally draining relationship.
The average American spends this much per day
A survey of 2,000 U.S. adults revealed that, aside from their job, Americans think that they do $134 of work when factoring in cleaning, cooking, and driving.
Capital One to buy Discover Financial in $35.3 billion all-stock deal -- making 6th largest bank in US
Capital One, a US consumer lender backed by Warren Buffett, said on Monday that it will acquire credit card issuer Discover Financial Services.
NY magazine's financial advice columnist admits she lost $50K to scammer claiming to be CIA agent
Charlotte Cowles, a former New York Times writer, wrote a column for The Cut titled "The Day I Put $50,000 in a Shoe Box and Handed It to a Stranger."