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Jackson Hole: Fed policy collides with reality in the most unequal county in America

Central bank officials from across the world have descended upon Jackson Hole, Wyoming this week to discuss policy decisions that will shape the economy for years to come. ....

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Medical debt hits the middle class hardest

Medical debt is a big burden for the middle class. Almost a quarter of middle-class Americans, or 17 million people, had unpaid health care bills in 2020, a larger share than those higher and lower on the income scale, according to a new report from Third Way. ....

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Falling markets sank global wealth in 2022, leaving the world with 3.5 million fewer millionaires

Last year, as interest rates rose and inflation stayed stubbornly high, total household wealth declined for the first time since the 2008 financial crisis. ....

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Retirement savings: Average 401(k) account balances have risen, Fidelity finds

The second quarter of this year was a good one for retirement savers, according to a new analysis from Fidelity Investments. ....

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Falling markets sank global wealth in 2022, leaving the world with 3.5 million fewer millionaires

Last year, as interest rates rose and inflation stayed stubbornly high, total household wealth declined for the first time since the 2008 financial crisis. ....

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