On April 18, 2023, Jared Bernstein, the presidential nominee for chair of the Council of Economic Advisers, said that China likely wants to erode the dollar’s position as the world’s reserve currency. As the dollar faces pressure, some analysts say precious metals like silver may be safe havens for consumers. The dollar is facing increased international competition. …

Federal spending is close to eclipsing its debt limit — the total the government can legally borrow to pay its bills. On April 25, 2023, U.S. Treasury Secretary Janet Yellen warned that failure to raise the debt ceiling would lead to an “economic catastrophe.” …

The financial industry is ripe for change, but what can you do about it? — by Sherry Hao, Controller, U.S. Money Reserve The last three years have upended everything we know about conducting business — from remote work to supply chains — and have introduced more innovation and disruption than the last 20 years. …

As more and more economic indicators show that we’re smack in the middle of a global recessionary period, what can retirees do to protect their finances? — by Sherry Hao, Controller, U.S. Money Reserve The stock market is chaotic, inflation is rising, and the global economy appears to be teetering on the brink of a recession All these factors can have a profound and lasting impact on your financial health, in both the long and short terms…

It may seem impossible, but you can build credit without having a credit card. — by Sherry Hao, Controller, U.S. Money Reserve I’ve written a lot about the ins and outs of managing your credit score and some of the nitty-gritty details you need to know to keep your credit in good standing. While credit cards may be a great way to build solid credit…

By Angela Roberts, CEO of U.S. Money Reserve I recently ran across an April 28, 2023, MarketWatch article with a headline that begins: “America’s personal savings just hit $1 trillion.” …

By Angela Roberts, CEO of U.S. Money Reserve On April 20, 2023, MarketWatch reported, “The U.S. economic index sank 1.2% in March and fell for the 12th month in a row, continuing to signal a recession later in 2023.” That same day, Fox Business reported, “The Fed says a mild…

By Angela Roberts, CEO of U.S. Money Reserve In the wake of the Silicon Valley Bank collapse, consumer confidence in our banking system has been shaken. …

By Angela Roberts, CEO of U.S. Money Reserve Sometimes, one of the best ways to look to the future is with an eye on the past. On April 7, 2023, The New York Times wrote, “It’s clear that [Federal Reserve] policymakers recognize that there is a good chance of a…