FinancialEducation

CME Launches New Futures Contracts Aimed at Retail Traders

2 days ago

The Chicago Mercantile Exchange (CME) has unveiled a new suite of smaller and longer-duration futures contracts designed specifically to capture the interest of retail traders. This innovative move comes as the CME aims to broaden its market appeal and provide individual investors with more accessible options amidst a backdrop of growing interest in trading futures and hedging strategies.

Struggling to Save: Gen Z Americans Face Financial Challenges

21 days ago

In an alarming financial analysis unveiled recently, it has been reported that a significant number of Generation Z Americans are grappling with their savings, with many failing to accumulate enough funds to cover even a single month's expenses. This revelation underscores the economic difficulties faced by young adults, particularly amid rising costs and economic uncertainty.

CFA Level 1 Pass Rate Declines to 43%, Yet Remains Above Historical Average

3 months ago

In a recent announcement from the CFA Institute, it has been revealed that the pass rate for the Level 1 Chartered Financial Analyst (CFA) exam dropped to a concerning 43% in the latest testing cycle. This figure stands as a decrease from previous exam periods but remains higher than the historical average, which has hovered around the 40% mark in recent years.

What Economists Suggest You Discuss at Thanksgiving Dinner: Insights for Family Conversations

4 months ago

As families across the United States gather for the Thanksgiving holiday, the conversations at the dinner table might be tinged with more than just the usual small talk. With economic concerns running high, economists are weighing in on what topics can foster constructive dialogue. In a recent discussion, experts have provided insights on how to navigate tough economic topics while at the same time helping family members stay informed and feel connected.

Over Half of Americans Face Financial Struggles Amidst Rising Costs

5 months ago

Recent data reveals a troubling reality for over 50% of American households, who are increasingly finding it difficult to pay their bills and save money. The financial burden, exacerbated by soaring inflation and stagnant wages, is causing significant economic stress for many individuals and families across the nation.

Record High Household Debt Poses Challenges for Low-Income Americans

5 months ago

In a concerning financial trend, new data reveals that U.S. household debt has reached an all-time high, weighing heavily on low-income families. The increase has sparked a significant call to action regarding financial stability and economic policy. As costs of living soar and interest rates rise, many Americans find themselves struggling to keep up with their financial obligations.