Your Money

It's been more than four decades since Burton Malkiel published A Random Walk Down Wall Street. Eleven editions later, Malkiel hasn't wavered in his mantra of patience and broad investing.

For many Americans, buying a house is the biggest financial transaction of their lives, but a new federal report says half of buyers don't shop around for a better interest rate on their mortgage.

Hopes that wages may finally be solidly on the rise were dashed in Friday's jobs report. While employers added 252,000 new jobs, average hourly earnings actually dipped.

The nation's biggest banks are leaning toward a new credit card security system that will rely on embedded chips and signatures rather than PINs. But critics say the PIN-and-chip system is superior.

Low heating oil prices mean New Englanders don't have to bundle up at home this year, but they will have to watch their rising electric bills.