Tag: federal reserve

Credit cards on a banknotes background

Regular working folks can always find something about their finances to be stressed about. But today’s stress is coming from a new place: a level of inflation this country hasn’t seen in four decades. A large majority of workers – 76 percent – identified rising prices as having a negative impact on their finances. And…

Seniors climbing coin stacks

What kind of financial shape are retirees in? A 2017 study refocused attention on this old question, and it has taken on greater urgency as more and more baby boomers retire. The study looked at the accuracy of the U.S. Census Bureau’s Current Population Survey (CPS) and confirmed earlier research showing that it dramatically under-estimates…