Saturday, June 28, 2025

Financial Anxiety and Stress Common Even Before the Pandemic

Wed, 28 April 2021  |  financial wellness pandemic 

A substantial number of adults in the United States between the ages of 21 and 62 felt anxiety and stress about their personal finances well before the onset of the COVID-19 pandemic, according to a new report published today. Researchers found that financial stress and anxiety are highly linked to low levels of financial literacy, problematic financial behaviors and decreased financial security.

Rese... Read More

Top U.S. Metros For Digital Nomads

Wed, 28 April 2021  |  workplace 

Digital nomads are those able to move from location to location, staying connected to work and family digitally, while experiencing new adventures in unfamiliar destinations. Whether looking for a new city or town to experience for one month or six months, digital nomads may be exploring various locations in hopes of eventually making a permanent move.

"It is clear that this past year has caused many to reconsider their housing needs and wants -- and sometimes that means not wanting to be tied to one spot for too long," says Zillow economic data analyst Nicole Bachaud. "Amenity-... Read More

Job Hopping Declines During Pandemic

Wed, 28 April 2021  |  employment pandemic 

U.S. job switching rate declines 2.0 percentage points since the start of the pandemic in March 2020, while wages for U.S. workers grew 5.9 percent over the last year, increasing the average wage level by $1.71 to $30.84 an hour according to the ADP Research Institute® Workforce Vitality Report (WVR) released today. Employment growth demonstrated a continued downward slide by -7.0 percent. The average wage growth is higher than expected as a result of significant job losses among low wage earners, which increased the average. "The significance of this data is a pre- and post-pandemic asse... Read More

Home Prices Jump 12 Percent Through February

Tue, 27 April 2021  |  economy housing 

U.S. home prices continued to increase at a blistering pace through February, jumping 12 percent on an annual basis. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 12.0% annual gain in February, up from 11.2% in the previous month. The 10-City Composite annual increase came in at 11.7%, up from 10.9% in the previous month. The 20-City Composite posted an 11.9% year-over-year gain, up from 11.1% in the previous month.

Phoenix, San Diego, and Seattle reported the highest year-over-year gains among the 20 citi... Read More

Younger Americans Bearing the Brunt of Pandemic Financial Stress

Tue, 27 April 2021  |  pandemic demographics 

In the year since the COVID-19 Pandemic began impacting all facets of American life, new data shows young adults are three times more likely to say they are experiencing pandemic financial stress compared to older adults. Three in four younger Americans ages 18 through 34 (75 percent) say they have been at least somewhat stressed about their financial situation since the pandemic began, compared with about 1 in 4 (27 percent) older Americans ages 65 and up. This according to new research conducted by The Harris Poll on behalf of the American Institute of CPAs (AICPA).

“Finan... Read More

Online Brokerage Firms Strain under Weight of New Investor Surge

Tue, 27 April 2021  |  investing 

With more than 10 million new brokerage accounts opened in 2020 as mainstream investor interest skyrocketed during the pandemic, retail brokerage firms struggled to deliver a seamless customer experience. According to the J.D. Power 2021 U.S. Self-Directed Investor Satisfaction Study,^SM released today, the number of problems cited by customers doubled during the past year, with website issues, processing and trade execution failures and account statement errors leading the way.

“The significant influx of new investors—and increased trading volumes and overall en... Read More