Seemingly everyone agrees there’s a retirement crisis – everyone, that is, except for retirees themselves. In an April Wall Street Journal article, I noted that 86% of seniors in a Federal Reserve survey described their financial situation as either “doing okay” or “living comfortably.” Just 3% said they were “finding…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…

Warren Buffett turned 94 on Friday and his sprawling, one-of-a-kind conglomerate has never been worth more than it is today.Berkshire Hathaway became the first non-technology company to top a $1 trillion market capitalization this week. Berkshire Class A shares also topped $700,000 apiece for the first time ever.Howard Marks, a…

Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to enact its first interest rate reduction in more than four years.The Commerce Department reported Friday that the personal consumption expenditures price index rose 0.2% on the month and was up…

The Federal Reserve’s go-to inflation gauge held at 2.5% in July, Commerce Department data showed Friday. That’s better than anticipated and shows progress — but still underscores the bumpy process for inflation’s descent. Friday’s report also reaffirmed that the backbone of the US economy — the consumer — is still…

China’s economic landscape is undergoing a profound transformation, marked by significant shifts in its growth engines. The evolving composition of China’s economic drivers is likely to have long-term implications for global economies and asset markets, necessitating a re-evaluation of which sectors and asset classes stand to gain or lose from…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Eurozone inflation fell sharply to a three-year low of 2.2 per cent in August, bolstering expectations that the European Central Bank will reduce interest rates next month.Friday’s preliminary figure was in line…

CNN’s Abby Phillip and former senior adviser to President Obama, David Axelrod, discuss presidential candidate Kamala Harris’ exclusive interview with CNN and what it could potentially spell for her debate performance against her political opponent, Donald Trump. Read the full article here

“I don’t want to be a burden on my children when I’m old.” This statement is one I consistently hear expressed by older people from all walks of life. While it’s natural and noble to be worried about how you might disrupt your children’s lives as you age, “worrying” isn’t…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…