Personal Finance and Business

U.S. retirement crisis most severe for Black, Latino households A new report calculates the severity of the U.S. retirement security racial divide. The analysis finds that every racial group faces significant risks, but people of color face particularly severe challenges in preparing for retirement. Americans of color are significantly less likely than whites to have an … [Read more...] about New study finds typical U.S. households of color have no retirement savings

I'm usually in too much of a Thanksgiving food coma to hit the sales on Black Friday, but millions of other Americans somehow find the energy. Last year, 89 million people took advantage of Black Friday sales (57 million of them online), while an estimated 247 million shopped throughout the four-day weekend, as stores increasingly have opened their doors on Thanksgiving … [Read more...] about Don’t let cyber Grinches ruin your holidays

Would you be surprised to learn that if your laptop gets stolen during a car break-in, your automobile insurance probably won't reimburse you for the loss? Don't be. Many people have only a vague idea of things like: what their car insurance does and doesn't cover; how they might accidentally void their coverage; or that even if an accident isn't their fault, their own … [Read more...] about Watch out for potholes in your car insurance

We've all had these moments: You're at a romantic restaurant and the evening went great. But just as you and your date are readying to leave, an embarrassed waiter appears and whispers, "I'm afraid your card has been denied." So much for romance. The same thing can happen at the grocery store, when shopping online or worst of all, when you're traveling and don't have a back-up … [Read more...] about Why was your credit card transaction denied?