The Currency - Money

Smaller by design: Why some companies are breaking up this year

While 2025 is shaping up to be a banner year for mergers and acquisitions, some large corporations are seeing a clearer path to value by pulling themselves apart.

money

July market recap: Summer in swing

Concerns about tariff deadlines were largely alleviated in July as deals with some major trading partners added clarity. U.S. stocks finished up about 2% for the month.

money

Stablecoins are on the rise. What could it mean for investors?

This digital currency is gaining momentum based on its potential for greater stability, and new legislation may help boost it into the consumer mainstream.

money

🎒 Extra credit

Back-to-school spending is expected to reach $886 per household this year. Here's this week's money news.

money

The Safety Net: Americans have $500 in emergency savings

1 in 3 Americans have no emergency savings fund and 29% say they can’t afford an unexpected expense over $400, according to new Empower research. The size of the safety net varies by generation, with Boomers saving a median of $2,000 – five times that of Gen Z’s reserves of $400.

money

How could tariffs impact my wallet and my portfolio? Get a Sense Check

Empower's Jeff Giannone weighs in on common tariff questions: Whether to consider adjusting investments and portfolio strategy, and steps to take to help stay on track and in control.

life

The majority of Americans say there’s no set age to reach big money milestones — but 45% wish they'd saved sooner

From buying a first home to changing careers or retiring early, big life moments are often turning points. Yet while 83% of Americans say there’s no set age to achieve life milestones, nearly 1 in 2 (45%) admit they didn’t prepare financially as early as they should have, according to new Empower research.

money

The Backpack Economy: Millennials will spend nearly $400 on back-to-school

American families head back to school facing rising prices. New Empower research shows half (50%) say back-to-school shopping is more expensive this year due to inflation and rising prices (57% Gen Z and 61% Millennials).

money

Fed interest rates stay steady: What this means for personal finances

The Federal Reserve’s decision to hold rate steady keeps borrowing costs elevated — but it also keeps the door open for higher yields on savings accounts.

money

Momentum behind large-scale M&A deals is growing

Union Pacific’s recent $85 billion bid for Norfolk Southern could be the largest rail merger in U.S. history and signals that big M&A deals are back in motion.

money

What is a meme stock? Everything investors need to know

Meme stocks can quickly stand out in the market, though investors should be aware of what goes into this trading trend.

money

Don’t need the RMD? Tax-smart strategies for Required Minimum Distributions 

RMDs can come with some tax implications, but there are options to ease the burden for those who don’t have an immediate need for the surplus cash.