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May’s Big Money Questions: Emergency Savings, Bonuses and More

May’s Big Money Questions: Emergency Savings, Bonuses and More

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Each week, we answer money questions from around the web on the

Weekly Mortgage Rates Rise as Fed Preps for a New Era

Mortgage rates ended last week on an optimistic note, as markets were encouraged by news of peace talks between Washington and Tehran. The conversation this week is much more dour. On Wednesday, the Senate blocked efforts to end the war, the seventh such measure put forth by Democrats. Tuesday saw

Millions Can’t Cover an Emergency Expense. Here’s How to Handle One

For many people, a surprise expense isn’t just a setback — it’s an unsolvable puzzle. How can you pay the mechanic or doctor if you simply don’t have the money? That’s the reality for millions of people. Thirty-seven percent of adults couldn’t completely cover a

‘K-Shaped’ Economy Is Giving Way to an ‘E-Shaped’ Divide

‘K-Shaped’ Economy Is Giving Way to an ‘E-Shaped’ Divide

The wealth gap in America is taking a new shape — and it’s no longer just a divide between the well-off and the financially vulnerable. In recent years, economists have described the economy as “K-shaped,” with higher-earning households continuing to spend and drive growth (the top of

WATCH: Report: Washington high schools rank near bottom in personal finance literacy

(The Center Square) - A new report finds Washington state ranks near the bottom in the nation when it comes to financial literacy education for high school students. WalletHub compared all 50 states and the District of Columbia using 11 key metrics, ranging from whether students are required to take a

May Mortgage Outlook: Rates Stable but Braced for Shocks

May Mortgage Outlook: Rates Stable but Braced for Shocks

Mortgage rates are likely to remain relatively stable in May. There's no doubt that we'll have daily ups-and-downs, but a major dive is unlikely to happen. (My apologies to anyone hoping 5% rates would be back on the table anytime soon.) On the plus

U.S. debt tops 100% of GDP, 'deeply troubling' for economy, national security

(The Center Square) – The U.S. national debt is now larger than the entire American economy and is only set to keep growing, further exacerbating the affordability crisis and risking national security. Out of the $39 trillion total national debt, debt held by the public hit $31.27 trillion on