Economy

Americans paid a record $540,701,000,000 in property taxes to state and local governments in fiscal 2016, according to the U.S. Census Bureau. That was up $16,748,620,000—or about 3.2 percent--from $523,952,380,000 in property taxes (in constant 2016 dollars) that state and local...

Worried about retirement? You're not alone. A large number of workers nearing the end of their careers are learning the hard way that retirement is expensive and that most older Americans simply aren't prepared. If you're thinking of retiring...

With interest rates climbing yet again, now may be a good time to lock in a new mortgage rate before it becomes even more expensive to borrow. Though refinancing can be a good way to reduce your monthly housing costs, it's...

Historically most recessions in the US are preceded by significant declines in the differential or interest rate spread between the 10-year T-bond and the 3-month Treasury security.  Typically, this narrowing in the spread occurs many months before the onset of...

U.S. stocks ended sharply higher on Tuesday, with financial and energy shares surging as data showed U.S. consumer confidence soaring to a more than 16-year high. The S&P 500's best day in nearly two weeks came after a record-setting rally...

Thirty-nine million Americans work for an employer without a payroll-deduction retirement savings plan, and many of them are saving little or nothing. In the absence of a federal plan for this problem, states including California, Connecticut, Illinois, Maryland and...

"We tried to hang in as long as we could" Suppliers to Sears Holdings told Reuters they are doubling down on defensive measures, such as reducing shipments and asking for better payment terms, to protect against the risk of nonpayment as the company...

You’re probably going to die with some debt to your name. Most people do. In fact, 73% of consumers had outstanding debt when they were reported as dead, according to December 2016 data provided to Credit.com by credit bureau...