Money, Wealth & Power—A Daily Look at the Financial World
Retirement savings, housing, banking, prices and cash: the changes that touch your household money.
Baby boomers in the United States are selling family heirlooms and collectibles, but many are finding that the market values have shifted dramatically. Items like Hummel figurines and fine china, once considered valuable, are now fetching much lower prices or are difficult to sell at all. As boomers downsize, they are discovering that younger generations…
Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” believes that it’s never too late to become wealthy. He draws parallels between traditional investments and the evolving cryptocurrency landscape, particularly highlighting Bitcoin, which recently surged to $121,000. Kiyosaki emphasizes that even new investors can seize opportunities, urging them to reflect before diving into the…
Recent reports highlight a worrying trend: millennials are being fired at an alarming rate, a phenomenon that mirrors the experiences of Gen Z in the workforce. This development is not isolated, as bosses have similarly reported firing Gen Z employees shortly after hiring them, indicating underlying issues in work expectations and adaptability. The challenges faced…
Money market accounts are currently offering competitive interest rates, with some accounts providing up to 4.40% APY as of October 2025. This makes them an enticing option for savers looking to maximize their returns. While money market accounts share some features with checking accounts, they serve different financial purposes. Understanding these differences can help consumers…
When a homeowner passes away before fully paying off their mortgage, the future of the home and the financial obligations tied to it can become a source of uncertainty for the surviving family members. Many Canadians remain unaware of the processes involved in such situations, which can lead to confusion and stress during an already…
In a world where economic fluctuations are becoming the norm, preparing for potential layoffs is crucial. A Certificate of Deposit (CD) can be a strategic financial tool to help individuals brace for job losses and navigate through tough times. Reports from U.S. News highlight the importance of being financially prepared for a layoff and suggest…
Government home loans play a vital role in the housing market, providing various options for home buyers, such as FHA and USDA loans. These programs come with specific requirements that differ by loan type, offering significant assistance, particularly to first-time home buyers. Understanding these loans can help potential homeowners navigate the complexities of purchasing a…
With high-yield savings accounts offering rates up to 4.25% APY as of late September 2025, they’re a tempting option even for those with small balances. However, the potential benefits must be weighed against factors like account fees and accessibility, as reported in various recent reviews of these financial products. Understanding these elements can help determine…
Buying a house can be a significant step in building wealth, even for those with low income. Recent reporting highlights strategies for prospective homeowners to enter the market despite financial constraints. For instance, guides such as “How To Buy A House With Low Income | 2025” provide valuable insights. Additionally, addressing a negative net worth…
Being part of the 1% is often associated with significant financial milestones, yet understanding what it truly means requires a closer look at the metrics of wealth and income. Recent data reveals that to be considered in the top 1% of income or net worth, individuals must surpass certain financial thresholds, which vary depending on…
How the week's news hits your wallet
One Washington money change, translated every weekday — what it means for your wallet.