If You Own a Stock Fund in Your Retirement Account, You’re Not As Diversified As You Think

If you’ve been stashing money into an S&P 500 index fund, you probably feel pretty good about yourself. You’re following the golden rule of investing: “Don’t put all your eggs in one basket.” By buying the 500 largest companies in America, you’ve got a piece of everything from oil and banks to breakfast cereal and … Read more

Frustrating, Unfair, Wrong — but Reality: As Recently as 50 Years Ago, Women Had Little Control Over Their Own Finances

As recently as the 1970s, a bank could refuse to issue a credit card to a woman without her husband’s signature. It didn’t matter if she earned more than he did. In the eyes of the law, a woman’s money was often her husband’s money. The fight for financial independence wasn’t settled in the 1920s … Read more

Trump Wants Private Equity in 401(k)s. Voters Approve.

The introduction of private equity into 401(k) accounts is a controversial and much-debated initiative of the Trump administration. A new survey suggests, however, that most rank-and-file Americans seem to like the idea. Two-thirds of registered voters support policies that expand access to private investments in retirement plans, according to a survey from BlackRock, the world’s … Read more

Kohl’s Unveils New $10 and Under ‘Deal Bar’ in Stores

Kohl’s is introducing a new discounted department at the front of its stores called the “Deal Bar.” The new “Deal Bar” features a variety of gifts for under $10, including children’s activities like sticker books and craft kits, seasonal decor, appreciation gifts for occasions like Teacher Appreciation Week, and small office storage items. Located in … Read more

Fed Minutes Show Officials Grappling With Policy Split, Impact of AI on Economy

Federal Reserve policymakers were in near-unanimous agreement to keep interest rates on hold at their meeting last month, but remained split over their next steps, with “several” open to rate hikes if inflation remains elevated, others inclined to support further cuts if inflation recedes as they expect, and the full table grappling with the emerging … Read more

Millions of US Medicare Advantage Enrollees Forced to Switch Plans, Study Finds

Nearly 3 million people with Medicare Advantage plans – or about 10% of all enrollees in the privately-managed program – had to find alternative coverage in 2026, as health insurers exited markets and scaled back plan options, according to a study published in a medical journal on Wednesday. Members in rural areas experienced plan disruptions … Read more

Is TrumpRx the Answer to Better Health at a Lower Cost?

The launch of TrumpRx.gov — a new federal website designed to lower prescription costs — has made headlines with promises of massive savings. President Donald Trump called the initiative a “very big deal” that would help Americans get healthy while saving money. USA Today notes that for the average consumer, the reality is more complicated. … Read more