A study measuring the true cost of living found that more than half of American households do not have the resources to pay their bills and have enough money left over for savings.
Tens of millions of private sector workers do not have a retirement savings plan through their employer, which could pose problems down the road for taxpayers, one expert says.
U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to New York Federal Reserve data.
The holidays are approaching, and that means it's time to start buying gifts. Stacking discounts, using gift cards and budgeting are some strategies poeple can use to afford presents and avoid breaking the bank.
American voters concerned about the economy and falling behind in their household finances due to growth not keeping pace with high inflation played a major role in the election.
Americans still cite inflation as their top economic issue heading into Election Day, but consumer optimism is up after sentiment rebounded in October.
A new study found that infant care costs top 10% of the median annual household income in 48 states plus the District of Columbia, squeezing families' budgets.
The share of U.S. households living paycheck to paycheck since 2019 is up across all income brackets, according to a new study by the Bank of America Institute.