Author name: Ricky Vasquez

New home sales stumble in April, as affordability pressures mount

New data from the U.S. Census Bureau indicates that new home sales fell well short of economists’ and investors’ expectations in April, amid a challenging spring selling season marked by elevated mortgage rates, persistent inflation and broader economic and geopolitical uncertainty.  Sales of newly built single-family homes fell to a seasonally adjusted annual rate of […]

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Fidelity data shows record retirement savings, rising Roth adoption

Retirement savers continued to build momentum in early 2026, even as markets fluctuated, according to the latest quarterly analysis from Fidelity Investments. The firm reported that total savings rates reached record levels in the first quarter. Combined employer and employee contributions for 401(k) savers hit 14.4%, approaching Fidelity’s suggested 15% target. For 403(b) participants, the

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Elizabeth Warren presses Bilt on payment disruptions during bank shift

U.S. Sen. Elizabeth Warren (D-Mass.) is demanding answers from Bilt Rewards over reports that customers experienced payment disruptions and account issues during the company’s transition between banking partners. In a letter sent Wednesday to Bilt CEO Ankur Jain, Warren — the ranking member of the Senate banking committee — cited complaints from customers who said

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