The Currency - Money

What is a money order and how does it work?

When you make payments to another person, you have several options. Learn more about money orders, how to use them, and when they may be a useful form of payment.

money

Taking stock: A look at how Americans are investing

Examining how Americans are redefining investing and gifting, with insights from 1,003 stock owners and retail investors.

money

Stagflation: What it is and how to prepare

Stagflation is an especially difficult economic environment created by the combination of several factors: slow economic growth, high inflation, and a high unemployment rate.

life

Now or later: Making moves toward money milestones

Financial goals can have different target dates. In this research, consumers weigh in on which milestones they're working toward and when they want to hit them.

money

Capital markets perspective: Thankful

Following the most recent consumer price index report, stocks rallied pretty much across the board. Here's a list of macroeconomic factors that may cause reason for gratitude, plus what to watch out for this week.

life

Financing the festivities: America’s holiday spending and saving habits

With the holiday season in full swing, the time of giving is also the time for spending. Empower surveyed 1,003 Americans to see what this season has in store for plans to both spend and save money.

money

🦃 Let's dish

As merrymakers gather ’round this Thanksgiving, foodies may happily help themselves to seconds: The average price of turkey is down 22% from last year to about $1.27 per pound. For now, let’s feast on this week’s financial news.

money

Roth conversion: A comprehensive guide

A Roth IRA conversion moves money from a traditional IRA (pre-tax) into a Roth IRA (post-tax). While a Roth IRA conversion is usually taxable, the money and all its future growth can be withdrawn tax-free someday as long as all the rules are followed.

money

Capital markets perspective: Too soon

It’s too soon for declaring victory over inflation. That's according to Fed speakers, who said as much at various events across the country. When the message comes out sounding so specific and so coordinated, it probably is.

money

☀️ Rise and shine

Daylight Savings: Despite the name, the act of setting back our timepieces costs the nation $1.7 billion a year in productivity by some calculations. This week's newsletter shines light on inflation insulators, side hustles, and affordable cities.

money

Financial Happiness

The secret to Financial Happiness: To most Americans, it’s more than net worth. Empower’s research explores the state of happiness in life, work, and play to find out what it really takes to be happy in your working years and beyond.

money

Capital markets perspective: Differing views

While there is still some ambiguity built in, markets and policymakers still seem to have a very different view of the future direction of the federal funds rate, upon which mortgages, credit card rates and bank profitability rely for direction.