If people tighten their purse strings into the holiday season, economists say it makes the prospect of a recession in 2022 even more likely.

Rising prices are pushing Dallin Hatch away from his favorite grocery store in Salt Lake City, Utah. Hatch and his wife, who have a 7-month-old son, used to regard grocery shopping as a break from the stresses of everyday life. Not anymore.

Existing savings products offered by the majority of traditional banking organizations do not meet the needs of today's consumer. With an uncertain economy, people expect innovative (even fun) ways to save that are simple to use and motivate positive financial behaviors.

Across every demographic group—whether it’s political affiliation, race, gender, or income level—Americans want companies to invest in their workforce and pay a fair living wage.

Banks are not one-size-fits-all. When you’re evaluating where you want to park your money, there are several factors you’ll have to weigh to find the right one for you. One major consideration you’ll need to consider: fees.

Late last year, the CFPB issued orders to five non-bank BNPL lenders, asking for detailed information on the activities and risks inherent to their lending practices. “We have ordered Affirm, Afterpay, Klarna, PayPal, and Zip to submit information so that we can report to the public about industry practices and risks,” said CFPB director Rohit Chopra.

In this episode of the Mental Health & Wealth Podcast, Angela Fontes of the Financial Health Network talks about their Financial Health Pulse report. Find out how income, race, gender, and more all impact financial health and what we can do to improve our financial health.

Stubbornly high inflation, a possible recession, rising interest rates, corporate budget cuts and headcount reduction are all likely to continue, as Federal Reserve Bank Chair Jerome Powell wages war against inflation.

Many Americans hoped the U.S. would enter a revival similar to the 20th century’s Roaring ’20s once vaccines rolled out last year. But instead of channeling flappers, many Americans have spent their 2020s juggling a rising cost of living and awaiting a possible recession.

A person who is ‘financially healthy’ spends less than they earn, pays bills on time, and has sufficient liquid savings and long-term savings, a new report says.

The Financial Health Network, the US’ authority on financial health, with support from the Citi Foundation and Principal(R) Foundation, unveiled the Financial Health Pulse: 2022 US Trends Report. This fifth edition of the report finds financial health in America declined across many demographic and socioeconomic groups as spending outpaced income and savings accounts were depleted.