Money

How The Inflation Reduction Act Affects Investors

A key component of President Joe Biden’s agenda is making its way toward law, which contains new taxes on large companies. The bill also includes a provision that aims to curtail a trending balance sheet strategy utilized by companies, known as stock buybacks. The Inflation Reduction Act of 2022 was approved by the U.S. Senate […]

What Is Economic Depression?

As far as economic events go, true depressions are rare. Over the last century, the Great Depression of the 1930s was the only economic downturn in the U.S. that earned the distinction of being classified as a depression. Today, rising inflation, contracting gross domestic product (GDP) and stagnant wages have prompted some to question whether […]

What Happens During A Recession?

Rising inflation rates and negative gross domestic product (GDP) data are leading many Americans to worry about another recession. This might be a valid concern—since the U.S. economy appears to be slowing down after a moderate period of expansion. A full understanding of what a recession is provides some context. In basic terms, a recession […]

4 Bank App Features You Might Be Missing Out On

If you use your bank’s mobile app, you likely have access to an array of features, some of which you may not know about. These features could make saving, earning…

Smart Money Podcast: What the Heck Is Crypto, Anyway?

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. In this episode, NerdWallet investing writer Andy Rosen attempts to explain what cryptocurrency is to his family.…