Freddie Mac Sees Limited Rate Cuts, Dampening Housing Hopes
For those who are purchasing a home, the year has been difficult thus far because of the combination of rising loan rates and high housing costs. Regretfully, there might not be much respite for the rest of 2024.
May 21, 2024 1:14 PM EDT
Target Cuts Prices on Thousands of Essentials as Inflation Pinches Budgets
As inflation bites into household budgets and more Americans become more frugal with their purchasing, Target intends to lower prices on thousands of consumer staples this summer, ranging from milk to diapers.
Spaving Trend Explained: Are You Spending More to Save Less?
"Spaving" is a rebranded term for an old "trap" that is affecting grocery shops, merchants, and even online casinos: spending more to save money.
US Consumers Putting Off Purchases for Pools, Mattresses Due to Inflation
As high inflation and interest rates hurt, Americans are delaying some more expensive, traditionally financed purchases.
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Homeownership Strained by 25% Property Tax Hike, Soaring Insurance Costs
The increase in property taxes and homeowners' insurance costs is a growing threat to homeowners' financial stability and decision-making processes
May 20, 2024 2:14 PM EDT
US Considers Strategies to Address Rising National Debt
Government debt has increased by about 50% since the beginning of the Covid pandemic, causing concern in Washington and on Wall Street.
May 20, 2024 1:47 PM EDT
Survey Shows Women Are Generous Diners, Spotting Friends $24 on Average
The average amount of money American women would spend for a friend's dinner was $24. The average amount of money American women would spend for a friend's dinner was $24(Photo : by Mohau Mannathoko) The average amount of money American women would spend for a friend's dinner was $24.
May 20, 2024 12:39 PM EDT
Goldman Sachs Targets Private Equity After Credit Suisse Shakeup
In an attempt to fill the hole left by unrest at regional banks and the sale of Credit Suisse, American investment bank Goldman Sachs is pushing its way into the lending market for asset managers and private equity.
May 18, 2024 10:26 AM EDT
Tight Grad Market? Here's How to Get Hired (On a Budget!)
A survey from the National Association of Colleges and Employers states that employers intend to recruit 5.8% fewer recent college graduates from this year's class than they did from the class of 2023.
May 17, 2024 12:58 PM EDT
Build Lasting Wealth with These Expert-Backed Passive Income Idea
There are still some proven passive income techniques available that yield positive results. There are still some proven passive income techniques available that yield positive results.
May 17, 2024 12:56 PM EDT
Dow Unexpectedly Soars to 40,000, Marking the Highest for Wall Street
The Dow just reached 40,000 for the first time, marking the latest high point in an unexpectedly successful year for Wall Street.
May 17, 2024 12:56 PM EDT
Sustainable Investing Made Easy: Low-Cost ESG Fund Options for May 2024
Regular investors continue to desire ESG funds, despite some opponents labeling them as "woke" investing. These funds consider a portfolio's firms' financial fundamentals in addition to their environmental, social, and governance considerations.
May 17, 2024 12:54 PM EDT
Walmart Stock Up by 7%, Forecast Hints at Continued Buying Power
In accordance with prior comments made by one of its major suppliers and a competitor retailer, Walmart's optimistic outlook for the retail industry on Thursday indicated a solid consumer base in the United States.
May 17, 2024 12:04 PM EDT
Brothers Arrested After Planning to Steal $25M in Cryptocurrencies from Ethereum Blockchain
According to a recently released indictment, two brothers from New York and Boston were placed under federal arrest on Tuesday.
May 16, 2024 8:00 PM EDT
Don’t Sweat the Bills: Resources to Help You Pay for Utilities
The most recent data from the Consumer Price Index shows that, from March 2023 to March 2024, the index for electricity increased by 5%, which is more than economists would want to see. (Electricity rates increased by 0.9% from February to March 2024.)
May 16, 2024 3:45 PM EDT
Social Security 2025: Cost-of-Living-Adjustment Increased to 3.2%, But Will It Keep Up?
After the government announced that April inflation was in line with experts' predictions, the most recent estimate of Social Security's cost-of-living adjustment 2025 increased to 3.2%, according to new figures released on Wednesday.
May 16, 2024 1:17 PM EDT
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