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Debt and lack of access to a pension plan can make it especially difficult for Black and Hispanic Americans to maintain steady income in retirement, researchers find.
New research at Harvard, Berkeley and other institutions outline the challenges of addressing wealth gaps in retirement.
Interest rate hikes have taken center stage, but there's a behind-the-scenes policy tool the Fed hopes will crush inflation and deflate asset bubbles.
A 2020 study says every dollar lost in stocks leads to a 3-cent reduction in spending.