Americans favor buying over renting

Americans favor buying over renting A majority of consumers say it is better to buy a home in the current market for the first time since 2023, according to the latest Bank of America Homebuyer Insights Report, conducted in partnership with Bank of America Institute. The survey found 53% of respondents now favor buying over [...]

2026-07-03T09:23:52-04:00Jul. 3, 2026|

Fort Pierce officials named Home Rule Heroes

Fort Pierce officials named Home Rule Heroes The City of Fort Pierce announced that Mayor Linda Hudson and Commissioner Curtis Johnson Jr. have been named 2026 Home Rule Heroes by the Florida League of Cities. The annual award recognizes local government officials who work to protect the home rule authority of Florida municipalities and advocate [...]

2026-06-25T07:31:19-04:00Jun. 25, 2026|

Gen Z navigates financial pressure

Gen Z navigates financial pressure A new Bank of America Better Money Habits study finds Gen Z adults are less likely to rely on family for financial help, even as 42% say they are living paycheck to paycheck. Thirty-four percent of Gen Z respondents said they receive financial help from parents or other family members, [...]

2026-05-28T07:19:11-04:00May. 28, 2026|

2026 Martin County Business Awards lunch

2026 Martin County Business Awards lunch   The 2026 Martin County Business Awards, hosted by the Business Development Board of Martin County, will take place on Monday, October 26, 2026, at Hutchinson Shores Resort & Spa. This annual event brings together business leaders, entrepreneurs, and community partners to recognize the companies and individuals who are [...]

2026-05-08T13:23:33-04:00May. 8, 2026|

Affluent Americans increase donations by 30% over past decade, even as fewer give

Affluent Americans increase donations by 30% over past decade, even as fewer give Affluent Americans are giving more and giving with purpose, even as fewer are giving. The newly released 2025 Bank of America Study of Philanthropy, conducted in partnership with the Indiana University Lilly Family School of Philanthropy, found that total charitable contributions from affluent donors have surged [...]

2025-10-03T11:10:23-04:00Oct. 3, 2025|

Fort Pierce and Port St. Lucie among America’s 50 fastest-growing retirement boomtowns

Fort Pierce and Port St. Lucie among America’s 50 fastest-growing retirement boomtowns According to a new GOBankingRates study, the populations in 50 U.S. retirement hotspots have increased by 20% or more since 2018. To find those places, GOBankingRates sourced the latest publicly available U.S. Census Bureau data to analyze cities with at least 7,500 people ages 65-plus [...]

2025-08-10T11:07:59-04:00Aug. 10, 2025|

United Way of Indian River County offers free, online tax filing

United Way of Indian River County offers free, online tax filing United Way of Indian River County announced the return of United Way’s free tax filing through My Free Taxes® for the new tax season. My Free Taxes lets U.S. tax filers who earned less than $84K last year file their federal and state taxes [...]

2025-03-28T14:47:44-04:00Mar. 28, 2025|

St. Lucie County among metro areas that experienced population declines during COVID are bouncing back 

St. Lucie County among metro areas that experienced population declines during COVID are bouncing back  Population growth in U.S. metro areas as a whole was faster between 2023 and 2024 than in the previous year and outpaced that of the nation. Additionally, some metro areas that experienced population declines during the COVID-19 pandemic are now observing [...]

2025-03-21T11:11:10-04:00Mar. 21, 2025|

Survey finds many American workers optimistic about their financial future

Survey finds many American workers optimistic about their financial future - Bank of America announced findings from its 13th annual Workplace Benefits Report, "The Transforming Workplace" (PDF) The report revealed that two-thirds (67%) of employees believe the cost of living is outpacing growth in their salary or wages, compared to 58% in February 2022. Over the last [...]

2023-10-11T17:06:58-04:00Oct. 11, 2023|

Average 401(k) Balances Up Nearly 10% in 2023

Average 401(k) Balances Up Nearly 10% in 2023 Bank of America released its Q2 2023 Participant Pulse (PDF), which found average 401(k) balances increased by $7,250 (9.6%) since the end of 2022.  The report also found that a growing number of 401(k) participants are initiating withdrawals from their plans. The number of participants taking hardship distributions [...]

2023-08-10T07:20:56-04:00Aug. 10, 2023|
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