Most people spent CARES act funds on needs, not wants
A new study suggests last year's Economic Impact Payments provided essential support.
A new study suggests last year's Economic Impact Payments provided essential support.
Economics & Business
Jan 8, 2021
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It is estimated that a quarter of American adults currently have student loans to pay off, and most do not have the financial literacy to manage debt successfully. The average student in the Class of 2016 has $37,172 in student ...
Social Sciences
Oct 26, 2018
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Living together is often a first step before marriage, or for a growing number of millennials, an alternative to tying the knot. Money or debt can be a common reason for this decision, but there are long-term financial implications ...
Economics & Business
Jun 26, 2018
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According to the U.S. Census, millennials accounted for more than 25 percent of the population in 2015, yet this significant segment of the workforce might not be prepared for retirement. In a new study, researchers from ...
Economics & Business
Mar 5, 2018
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Prior research has long shown that women are, on average, less risk tolerant in their financial decisions than men. This is a concern as investors with low levels of risk tolerance might have greater difficulty reaching their ...
Social Sciences
Sep 20, 2017
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The golden rule for investing has always been "buy low, sell high." Past research has shown that many people make the common investing mistake of selling stocks at a low price after the stock market has experienced a decline. ...
Economics & Business
Apr 11, 2016
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In the past two decades, the Chinese economy has undergone drastic reforms in an effort to compete more effectively on the international market. These reforms included the creation and proliferation of a Chinese stock market. ...
Economics & Business
Mar 9, 2016
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The recent stock market decline from its high point has caused concerns for many investors who are affected by short-term market trends. However, experts say now is an important time for investors to remember that many mistakes ...
Economics & Business
Feb 10, 2016
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In 2014, 75.4 million Baby Boomers lived in the United States, according to Pew Research. As this generation continues to age, dialogue will increase on how to manage concerns associated with aging, such as the decline in ...
Economics & Business
Dec 1, 2015
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For inexperienced investors with little knowledge about the investment process, it may be important to invest in funds that do not require much maintenance. Now, a researcher at the University of Missouri has found that investors ...
Economics & Business
Jun 1, 2015
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