Finance

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When my first Wealth Matters column ran in December 2008, I wrote that I wanted to examine the strategies the wealthy used to manage their money and their lives in a way that people with far less money could learn from. Having spent the last week going through 499 columns in preparation for No. 500,

The best news to be found in the June jobs numbers, released Friday morning, is in what they don’t show. After the May numbers showed a steep pullback in the rate of job creation, there was reason to worry that a turning point for the economy had arrived, and that a major slowdown or even

The Federal Reserve on Friday repeated its pledge to “act as appropriate” to sustain the current economic expansion, now the longest in U.S. history, while noting that most Fed officials have lowered their expectations for the future course of interest rates. The Fed’s statement on interest rates came in its semi-annual monetary policy report, which

Stocks fell broadly and bond yields rose on Wall Street in early trading Friday after the government reported a strong pickup in hiring last month, complicating the Federal Reserve’s decision later this month on whether to lower interest rates. The Labor Department said that employers added a robust 224,000 jobs in June. The pickup in

Mr. Heinemann said his typical client has about $10,000 in card debt, but he has seen much higher balances. It’s important, he said, that the borrowers are able to afford the agreed-upon monthly payment. If they miss two consecutive payments, he said, creditors typically drop them from the program. Kristen Holt, chief executive of GreenPath

A question has hung over the American economy for the past month: Was the sharp slowdown in job growth in May just another soft patch in a recovery that has set records for its durability? Or was it a warning of more significant trouble? Friday’s jobs report will help provide the answer. Economists expect the

Asian stocks advanced Friday while European markets opened lower as investors waited for American jobs data and details of U.S.-Chinese trade talks. Benchmarks in London and Frankfurt retreated while Shanghai and Tokyo gained. Monthly U.S. employment numbers are expected to be a factor in the Federal Reserve’s decision this month on interest rates. Markets expect

That is 1.75 percentage points higher than actually was the case on Wednesday. In 2015, the budget deficit was 2.4 percent of G.D.P., a number that is on track to rise to 4.2 percent this year. Yet the 10-year bond yield is now comfortably below its average level in 2015, which was 2.14 percent. Low

Shares were mixed in Asia on Thursday after major U.S. indexes hit fresh record highs, buoyed by the easing of trade tensions between the U.S. and China. The detente reached by President Donald Trump and China’s Xi Jinping and their agreement to refrain from new tariffs pending a new round of negotiations has relieved some