The recent bankruptcy filing by former retail giant Sears proves that the retail sector is continuing to experience a vast disruption. Struggling for years, Sears had closed 300 stores and cut more than 20,000 employees already this year. Whether Sears can survive remains to be seen. But even if it joins the growing graveyard of…
It’s no secret that most Americans aren’t financially ready for retirement. A recent survey from Northwestern Mutual found that one-third of Americans had just $5,000 saved for their golden years. Thankfully, the average amount that Americans have squirreled away is higher – at $84,821, but that still isn’t enough to cover expenses for an extended…
There’s been a lot of talk lately about how watching the bond market can provide important clues about where the economy is heading. In particular, experts often point to the yield curve as a predictor of recessions. The yield curve is a graph showing the interest rate or yield on bonds with different maturities. In…