Finance

When employers hold back wages for retirement savings, younger consumers and less-wealthy people cut their spending. Wealthier individuals tap their deposit accounts.

Bankruptcy is designed to give distressed Americans a fresh financial start, but new research shows that Black filers are more likely to have their cases dismissed than whites filers.

Many experts and observers blamed 2022’s high inflation on the pandemic’s backlogged supply chain. New research shows that assessment is inaccurate.

Voluntary climate commitments by financial institutions aren’t having a positive impact, research finds. But banks do have time to reverse course and make progress.

When investors cling to existing beliefs, they underestimate good financial advice and miss out on opportunities, new research finds.

Susan M. Collins discusses managing inflation and AI in finance.

When banks tighten lending standards following a shock, they can set off a chain reaction that can worsen and prolong a credit crunch.

New research provides insight on when and why investors rely on indexes or categories to make decisions rather than investigating each individual stock.

Executives from financial services firms discuss early adoption of AI in the industry, reasons for caution, and the benefits of partnering with fintechs.

Generative AI has the potential to provide smart, tailored financial guidance, early research from MIT Sloan economist Andrew Lo suggests.