The Latest Breaking News from FDIC

Fixed annuities are often marketed as retirement-safe solutions, promising stable income and protection from stock market volatility. They sound ideal, especially to older investors looking...

There are some misunderstandings that are leading to two major financial missteps that could cost consumers hundreds, or even thousands, of dollars over time.

New laws on interchange fees will transform credit card payments into detailed government-accessible records of every item purchased, including firearms

Retirement is supposed to be a time to relax, not worry about money. However, even the safest-looking retirement investments can suddenly collapse without warning. Many people trust their nest eggs to options that seem stable, only to watch them disappear overnight. This can leave retirees scrambling to cover basic expenses…