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Debt Relief vs. Credit Score: Weighing the Trade-Offs of Settlement
Given the peculiar state of the economy now, many Americans are facing a financial storm. First, the cost of consumer items has increased dramatically due to ongoing inflation, making it more difficult for consumers to pay for food, petrol, and rent.
Jun 13, 2024 07:10 AM EDT
Homeowners Insurance Prices Soar as Weather Extremes, Inflation Bite
According to S&P Global Market Intelligence, home insurance prices increased by 11.3% on average across the US in 2023, with increases of more than 20% observed for owners in Arizona, Texas, and Utah.
Jun 13, 2024 06:43 AM EDT
Inflation Pinch, EVs Cited as Gas Prices Drop Despite Summer Travel Season
People are shocked to learn that gas prices are really falling around the country during this time of year, even though they generally rise during this season.
Jun 13, 2024 02:42 AM EDT
White House Announces Ban on Medical Debt in Credit Reports
A White House proposal would remove medical debt from credit reports, which may make it easier for millions of Americans to get employment, rent a house, or get a vehicle loan.
Jun 12, 2024 10:50 AM EDT
Gold Frenzy in Asia: Is There a Hidden Motive Behind the Rush?
According to industry sources, demand for gold is surging in Asia as investors purchase the metal as a hedge against political and economic volatility, even if prices are nearing their record highs from May.
Jun 12, 2024 10:07 AM EDT
US Growth Lifts Global Forecast, World Bank Sees 2.6% Expansion This Year
Based on consistent growth in the US, the World Bank revised up its forecast for the world economy on Tuesday, predicting that it will grow by 2.6% this year.
Jun 12, 2024 08:44 AM EDT
'Buy Now, Pay Later' Now More Manageable for Small Businesses
One common method used by consumers to pay for items is "buy now, pay later" services. The payment plan, which enables customers to spread out payments for products over several weeks or months, is typically advertised as zero-interest or reduced interest.
Jun 12, 2024 01:01 AM EDT
First-Date Dos and Don'ts: Should Money Be on the Menu?
Finding a compatible partner will be crucial when it comes time to settle down. Money is typically a major determinant of how well you will get along, from how it impacts you emotionally to your wage expectations.
Jun 11, 2024 01:10 PM EDT
Alarm Over Fake Medical Devices: Roche Sues After Counterfeits Found on Amazon
One of the biggest biotech firms in the world, Roche, said that "dangerous counterfeits" of its diabetic medical equipment were being sold on Amazon and purchased by patients across the country.
Jun 11, 2024 11:30 AM EDT
Gold Mine Production Stalls as Existing Resources Deplete, Industry Faces Challenges
According to the World Gold Council, the mining sector is finding it challenging to maintain output growth as yellow metal resources become more difficult to locate.
Jun 11, 2024 11:04 AM EDT
Feds Team Up to Oversee Booming AI Industry
The broad contours of an agreement that could result in increased government supervision of the quickly developing artificial intelligence market, which includes major players like Microsoft, Nvidia, and OpenAI, have been approved by federal regulators, two individuals with knowledge of the negotiations told CBS News.
Jun 11, 2024 10:25 AM EDT
Homeownership Costs Surge, Expect $18,000 Yearly in Taxes, Insurance, Utilities
The cost of house ownership is rising by thousands of dollars due to rising rates for utilities, property taxes, and homeowners insurance.
Jun 11, 2024 06:47 AM EDT
Adults Drive Toy Market for First Time Ever
For the first time, adults purchased more toys for themselves last quarter than any other age group, exceeding the traditionally strong preschooler sector.
Jun 11, 2024 03:00 AM EDT
Strategies to Maximize Your Savings with High Rates
The benchmark interest rate set by the Federal Reserve is still 23 years high. This is because the central bank decided on Wednesday to maintain its current policy level, as it has done at the previous five meetings of the policy-making committee.
Jun 10, 2024 10:15 AM EDT
"Roaring Kitty" Disappoints, GME Slips 40% After Long-Awaited Livestream
Keith Gill, also known as "Deep-------Value" on Reddit and as "Roaring Kitty" on X and YouTube, conducted his first livestream after the three-year-old meme stock craze.
Jun 10, 2024 09:43 AM EDT