A new report shows that as inflation and higher interest rates take a financial toll, fewer Americans will be dipping into their emergency funds this year. Most financial professionals recommend setting aside at least six months of expenses, or more if you are the sole breadwinner or run your own business. Americans are finding it …
Every weekday, CNBC Investing Club with Jim Cramer hosts a live morning broadcast at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. US stocks rose on Tuesday, with the S&P 500 index rising 0.82% on better-than-expected earnings reports from aerospace companies such as General Electric (GE) and RTX Corp. (RTX). “The revenge …
Half point images | Instant | Getty Images Saving for retirement is one thing, achieving your goals in your golden years is another. This is where the worry sets in. Among older workers, only 34% of baby boomers and 26% of Gen Xers believe they are on track with their retirement savings, according to a …