Americans score poor marks when it comes to financial literacy. And women lag behind men — which could have troubling consequences for their retirement and overall financial health. These were the takeaways from two recent studies. The first, from researchers [...]

The slow recovery by young adults from the recession is bringing urgency to financial literacy efforts, Treasury Department Deputy Secretary Sarah Bloom Raskin said Thursday. Raskin pointed out the unemployment rate for 16- to 24-year-olds is double the national average. [...]