The Currency
42% of Americans are willing to pay more when shopping local to support small businesses. Here’s how people’s expenses split when it comes to where they shop:
Source: Empower “Shopping List” study, 2024.
42% of Americans are willing to pay more when shopping local to support small businesses. Here’s how people’s expenses split when it comes to where they shop:
Source: Empower “Shopping List” study, 2024.
Mortgage rates and the housing market
Life
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When the time comes to buy a home, it’s important to understand the current mortgage rate environment, and how the process works.
Secret to Success
Money
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Over half of Americans say there is a secret to success, and reaching it takes $270,000 a year, according to new Empower research. Just 37% of people consider themselves financially successful right now, though most (58%) believe it's attainable in their lifetime.
Fed rate cut: What it means for your wallet
Money
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The Fed’s quarter-point interest rate cut in November, hot on the heels of September's larger half-point decrease, has many people wondering what it means for their finances.