Bitcoin is on a downward spiral, hitting a two-month low. This slump is fueled by election jitters and the unexpected return of Mt. Gox, a defunct exchange potentially releasing a large amount of Bitcoin. Will Bitcoin rebound or is this a sign of deeper trouble for the cryptocurrency?

Jul 05, 2024 11:42 AM EDT

Labour Government's trade policy shifts under Keir Starmer threaten UK's economic alliances with the US, EU, and China.

Jul 04, 2024 10:24 AM EDT

Forget early retirement! This Fourth of July, many Americans are redefining financial independence. Rising inflation is driving a desire for control over finances, not just quitting work.

Jul 04, 2024 10:09 AM EDT

Washington D.C. faces a $4.4 million fine for errors in distributing SNAP benefits. This is the second year in a row with high error rates, leaving families struggling with food insecurity. The overwhelmed D.C. Access System is blamed, but the USDA offers a chance to reinvest the fine for improvements.

Jul 04, 2024 10:01 AM EDT

Gen Z and Millennials are opting for "quiet vacations" this Fourth of July. Soaring travel costs and pressure to be "always on" are driving this trend. But is quiet vacationing a symptom of a broken PTO culture?

Jul 04, 2024 09:55 AM EDT

Lonely hearts beware! Romance scams are targeting the elderly, causing heartbreak and financial loss.

Jul 04, 2024 09:18 AM EDT

The collapse of Synapse, a fintech middleman, has frozen millions in customer accounts and shaken trust in digital banking. Consumers are unsure about FDIC insurance coverage and the safety of these platforms. The future of digital banking is uncertain as regulators may increase scrutiny and consumers become wary.

Jul 03, 2024 02:23 PM EDT

Weeks after a cyberattack on a key software provider, small car dealerships are still struggling. The attack disrupted sales, service, and customer management systems, leading to lost sales, delays, and potential data breaches. The road to recovery will be long, with dealerships needing to invest in cybersecurity and regain customer trust.

Jul 03, 2024 11:48 AM EDT

Celebrate lower gas prices this July 4th! The national average is expected to be $3.49 per gallon, the lowest in 3 years. This offers relief for drivers planning road trips and can help offset inflation.

Jul 03, 2024 11:10 AM EDT

The 70% surge in Robusta coffee prices is boosting economies of exporting nations like Tanzania, while posing long-term challenges such as market volatility, environmental concerns, and infrastructure needs.

Jul 03, 2024 10:55 AM EDT

China's Generation Z is pioneering 'revenge saving,' by reshaping financial habits amid economic uncertainty. What are the societal impact and economic motivations driving this emerging trend?

Jul 03, 2024 01:56 AM EDT

Chicken Soup for the Soul Entertainment's bankruptcy filing amid mounting debts and investor uncertainty highlights challenges in the media industry.

Jul 02, 2024 09:50 PM EDT

Patelco Credit Union's recent security breach has disrupted banking services for half a million members, exposing cybersecurity vulnerabilities in financial institutions. What are its implications for consumer protections, regulatory responses, and strategies to maintain trust amid ongoing operational challenges?

Jul 02, 2024 09:43 PM EDT

The U.S. dollar surged following a Supreme Court ruling, prompting emerging markets to brace for economic repercussions. As traders anticipate Trump's potential return, this article explores the implications for global currencies, economic policies, and financial stability in emerging markets.

Jul 02, 2024 09:42 PM EDT

Some of retirees' Social Security benefits can become taxable income, potentially pushing them into higher tax brackets (50% to 85% taxed).. Learn how to minimize Social Security taxes in retirement with strategic planning.

Jul 02, 2024 12:01 PM EDT