Stretching Your Dollar: How to Boost Your Emergency Savings
A new linked in survey found that more than 50 percent of respondents are not comfortable with the amount of money they have tucked away for emergencies. Greg McBride, chief financial analyst at Bankrate, joined 'Stretching Your Dollar' to talk the state of Americans' emergency savings and how the economy is impacting people's ability to save. McBride also mapped out a plan to help people begin saving more.
Stocks opened in a positive session as the market is on pace for a 14th straight day of gains that would tie it for the longest winning streak. This follows the Federal Reserve's decision to raise rates.
The Federal Reserve's decision Wednesday to raise its benchmark rate for the 11th time, by a quarter-point, could once again send ripple effects across the economy.
