For middle- and low-income families, homeownership is becoming increasingly unattainable. Households earning the U.S. median income can only afford a fraction of the homes in the 100 largest U.S. cities, according to an analysis of real estate listings by the National Association of Realtors (NAR) and Realtor.com. Even though 51% of …

Moyo Studio | E+ | Getty Images Saving enough money to comfortably retire later in life may seem like a daunting, out-of-reach goal. But some are challenging themselves to reach that goal even sooner than usual. The FIRE movement — which stands for Financial Independence, Retire Early — is built …

Mercedes-Benz electric EQS SUV Mercedes-Benz Mercedes-Benz and Microsoft are partnering to test in-car ChatGPT artificial intelligence, available to more than 900,000 vehicles in the U.S., the companies announced Thursday. The luxury automaker said the emerging technology will be used for audio requests through its “Hey Mercedes” voice assistant, which is …

For those fresh out of college and newer to the workforce, it can be challenging to figure out how to balance between managing looming student loan debt and saving for your future. Student loans are a particularly burdensome source of debt, totaling $1.63 trillion — or $37,600 per borrower — …

D3sign | Moment | Getty Images Human psychology and money don’t mix well. Left unchecked, our psyches can easily sabotage financial decision-making, behavioral experts said during a panel discussion at CNBC’s Financial Advisor Summit.   “We’re all crazy when it comes to money,” said Brad Klontz, managing principal of YMW …

Pavlo Gonchar | Lightrocket | Getty Images Do you think artificial intelligence is being overhyped? Dan Niles, founder and portfolio manager of the Satori Fund, agrees. Well, sort of. The answer to that question really depends on whether you’re talking about the current moment or the long-haul, said Niles during …

Kate_sept2004 | E+ | Getty Images After the Federal Reserve’s interest rate pause on Wednesday, a fixed-income expert covers what to know about bond allocations amid economic uncertainty.  “This is an attractive time to start looking at investment-grade credit,” which may provide “good income,” said Sonal Desai, executive vice president …

WASHINGTON — As former President Donald Trump faces 37 federal counts for hoarding hundreds of classified documents after he left the White House, many of his supporters insist Trump is being unjustly targeted. They point out, correctly, that Trump is not the only public figure in recent years who had …

Pedestrians in front of a pawn shop during Golden Week at night in Macau, China, on Sunday, April 30, 2023. Bloomberg | Bloomberg | Getty Images China’s lackluster economic recovery since emerging from strict “zero-Covid” lockdowns has caused weaker sentiment toward the country, prompting investors to look for alternative options …

Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. Tingshu Wang | Reuters Tesla’s share of the U.S. electric vehicles market will drop to 18% by 2026, Bank of America analysts estimated in a note on Tuesday. …