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Trump distorts gains in retirement accounts

President Donald Trump is telling a skewed story when he boasts about workers who’ve seen their personal retirement savings nearly double under his administration. Gains in the overall stock market are only half of what he implied. Trump made the assertion at his New Hampshire rally Monday, where he also tried to snatch victory from defeat by claiming a shutout…

Andrew Yang and Michael Bennet drop out of 2020 presidential race

Democrat Andrew Yang, an entrepreneur who created buzz for his presidential campaign by championing a universal basic income that would give every American adult $1,000 per month, suspended his 2020 bid on Tuesday. Shortly after, Colorado Sen. Michael Bennet ended his long-shot presidential bid, failing to break out of a crowded Democratic field dominated by other moderate candidates, including Joe…

What health insurance doesn’t cover

Hello, readers. It’s understandable when the back-and-forth over Medicare-for-all (aka single-payer) gets the lion’s share of the media spotlight. After all, the idea of reforming the American health care system root and branch is, to put it mildly, massive. But it’s important to recognize the underlying problems driving the intense debate about American health care policy. Surprise medical billing ranks…

T-Mobile is said to win court’s nod for Sprint takeover

T-Mobile US is poised to win court approval for its $26.5 billion takeover of Sprint, according to a person with knowledge of the matter, defeating a state-led lawsuit that sought to block the industry-altering wireless deal. U.S. District Court Judge Victor Marrero in Manhattan is expected to rule as soon as Tuesday morning, said the person, who asked not to…

11 Things You Should Know Before You Get Your First Credit Card

A credit card may seem like just another tool to help you make purchases, but it can be much more. When used responsibly, a credit card can help you build

What Is a Balance Transfer, and Should I Consider Doing One?

In a perfect world, no one would carry a balance on their credit card. We would all pay our bills in full each month and never have to worry about

How Is Credit Card Interest Calculated?

So your bank tells you that your credit card has a 15% APR. What does that actually mean? How does your bank calculate your interest rate, and how does that translate into how much you actually pay? …

What Is a Balance Transfer, and Should I Consider Doing One?

In a perfect world, no one would carry a balance on their credit card. We would all pay our bills in full each month and never have to worry about

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