Life insurance is a way to financially provide for your loved ones and cover final expenses if you die unexpectedly.
But nearly a quarter (23%) of U.S. adults don't have life insurance coverage, according to a new survey from Consumer Affairs. And, consequentially, 22% of breadwinners are worried their dependents would not be able to meet their financial obligations if they died. 

The Supreme Court on Thursday issued mixed rulings in a pair of cases challenging Biden administration COVID-19 vaccine mandates, allowing the requirement for certain health care workers to go into effect while blocking enforcement of a mandate for businesses with 100 or more employees.

U.S. inflation continues to soar amid economic improvement, rising at its fastest pace in 39 years, according to the latest report from the U.S. Bureau of Labor Statistics (BLS). 

The Consumer Price Index (CPI), which is a measure of inflation, rose 6.8% annually in November, the highest 12-month increase since June 1982. It was up 0.8% on a seasonally adjusted basis from October, the CPI for All Urban Consumers (CPI-U) showed. 

The Dow Jones Industrial Average gained 306 points, or 1%, while the S&P 500 and the Nasdaq Composite climbed 0.96% and 0.84%, respectively.

The U.S. economy added 379,000 jobs in February as the unemployment rate ticked down to 6.2%, according to the Labor Department. Economists surveyed by Refinitiv were anticipating the addition of 182,000 jobs as the unemployment rate to hold steady at 6.3%.

People who are planning to retire soon and have a mortgage with a higher interest rate should consider a number of factors before they refinance such as the length of time they plan on living in the home and how it will impact their new budget.

While the coronavirus pandemic has financially sideswiped millions of Americans, there is something of a silver lining: current mortgage rates are declining — and homeowners and home buyers alike can save big.

Mortgage interest rates have hovered near historic lows for much of 2020 thanks to Federal Reserve policies designed to bolster the economy. If you're a prospective home buyer or a homeowner who's interested in a refinance loan, a rates drop can translate to significant savings (and lower monthly payments).

The Federal Reserve announced Friday that it will adjust its Main Street lending program to better support small businesses still reeling from the coronavirus pandemic.

The U.S. central bank said it is lowering the minimum amount that can be borrowed by small- and medium-sized businesses to $100,000 from $250,000. The fees have also been adjusted to encourage the smaller loans.

It’s been months since coronavirus hit the U.S. — and mortgage and refinance rates are still declining. Mortgage rates are subject to change based on housing market conditions, location, personal finance (such as your credit score), and lender. But if you're looking at U.S. market data as a whole, now is a good time to get a mortgage or a mortgage refinance.

With coronavirus sending the U.S. into a recession and causing record-high unemployment, the Fed set benchmark interest rates near zero to bolster the economy — leading to a mortgage rates drop. Now homeowners and potential buyers want to know: What's the mortgage interest rates forecast? Will rates drop further and is it worth waiting to score an even better deal?

Although the coronavirus crisis has had a devastating impact on the U.S. economy, the pandemic has also dropped mortgage rates to all-time lows. That’s great news for homeowners looking to refinance.

The 30-year fixed-rate average plummetted to a record-low 3.13 percent the week ending June 18, according to data from mortgage giant Freddie Mac, marking its lowest recorded level since the company began tracking mortgage rates in 1971. The 5-year adjustable-rate average dropped to 3.09 percent, down from 3.48 percent a year ago.

Small business owners who received Paycheck Protection Program cash from the federal government have had many questions about the terms of the loans, including whether they can give themselves a raise in order to allocate a larger percentage of the money toward payroll expenses.

While the government is working on potentially making the program’s terms more flexible, the CARES Act stipulated that the loan had to be used within 8 weeks of its deposit – and 75 percent of the cash had to be put toward payroll expenses.

U.S. stock futures are signaling a strong start to Friday's session adding to the momentum seen on Thursday.

The Dow Jones Industrial Average are up more than 700 points or 3 percent while the S&P 500 was higher by nearly 3 percent and the Nasdaq Composite 2 percent.

Earlier in the evening, President Trump outlined the early-stage, phase approach as part of the  “Opening Up America Again' coronavirus come back plan and there was also positive news on Gilead Sciences.

Some people think that once the kids have completed college or you have paid off your mortgage it is time to cancel or reduce life insurance. Baby Boomers are living longer, and cashing out life insurance can help pay off debt or provide funds for loved ones.

Medicare does a good job of helping retirees handle the financial burden of getting the healthcare they need. However, there are aspects of the Medicare program that can be costly if you don't know about them and find ways to get around them. Below, we'll look at several areas in which not knowing the basics of Medicare can cost you.

According to new data from Trulia Opens a New Window. , million dollar homes are becoming the norm. The top five cities that have seen the biggest increase in million dollar homes are in California (San Francisco, San Jose, Oakland, Orange County, Los Angeles).

In 2012, 19.6% of the homes in San Francisco met the million dollar threshold. That number has since increased to 57.4% in 2016.

Deciding between original Medicare and Medicare Advantage plans is a key thing to consider.

Healthcare is an essential need for everyone, and it becomes even more important as you age and require more medical services. The Medicare program is a vital component of getting American seniors the healthcare they need, but it comes with some rules that many people find confusing or difficult to follow. Below, we've called out five key Medicare rules that should be foremost on your mind as you prepare for your golden years.

Tax Day has officially come and gone for another year, but what many Americans may not realize is that being tax-conscious is something that should be ongoing without a beginning or end date. No one enjoys forking over any percentage of their income to the federal government, but we also know that taxes are necessary such that the federal government has funds to pay for Social Security, Medicare, Medicaid, income security programs, defense, and all of the other various programs that eat up a combined $4 trillion annually. However, what's well known about federal income taxes is what one ...

Late last year, Hewlett-Packard split into two companies -- HP and Hewlett-Packard Enterprise .

When it comes to entitlement programs, Social Security -- with its trust fund expected to run dry by 2035 -- usually winds up getting the lion's share of the attention. Why? Because Social Security is a program that contributes to the pockets of most seniors on a monthly basis. Medicare has a "retirement" problem However, Medicare, the program predominantly designed to aid seniors in paying for hospital and outpatient services, has issues of its own.

Building wealth starts with making solid investments, but how do you do that when you don’t have a lot of cash? You could break into your piggy bank but another option is to take out a personal loan. Borrowing money to invest can pay off if you know what you’re doing, but it’s not risk-free. If you’re thinking of getting a personal loan Opens a New Window. to play the market, here’s what you need to consider.

Image: Public Health Image Library, CDC. Changes to the Medicare program happen each year, and they affect tens of millions of Medicare participants. Because Medicare is a crucial part of how Americans 65 and older manage their healthcare expenses ...

A big problem gets bigger According to the Centers for Medicare and Medicaid Services (CMS) office of the actuary, total spending on healthcare in America grew by 5.3% last year -- the fastest increase in five years.The 5.3% increase comes on the heels of ...