Low-Income Borrowers Face Loan Delinquency as Prices Rise
According to current data and bank executives, U.S. borrowers with lower incomes are finding it more and more difficult to make their loan payments. As a result, banks are becoming more cautious when granting credit cards and auto loans.
Apr 23, 2024 04:45 AM EDT
Another Retailer Bites the Dust: How Express's Struggles Reflect the Changing Retail World
Express Inc. has filed for Chapter 11 bankruptcy protection. Once a trailblazer in casual workplace wear, the company has struggled to compete with retailers like Zara and H&M.
Biden's Renewed Effort for Tuition-Free Community College Could Transform Personal Finances
President Joe Biden indicated that he was still hopeful about making some college education free when he disclosed the specifics of his Plan B for student loan forgiveness.
Fewer Self-Checkouts at Walmart: Could This Mean More Cashiers and Lower Prices?
Walmart is getting rid of the self-service lanes at a store in Missouri, joining the ranks of businesses reevaluating self-checkout.
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Luxury Giant Shakes Up Watch World: LVMH Targets Billion-Dollar Market with Bold Designs
Luxury behemoth LVMH is attempting to take market share in the world of luxury watches by launching a new watch subsidiary and introducing a number of more expensive models.
Feb 04, 2024 09:17 PM EST
Overhaul of Trump-Era Tax Law May Result in Bigger Refunds
Millions of Americans may receive larger tax refunds this year as a result of a last-minute revision to a tax provision included in President Donald Trump's 2017 Tax Cuts and Jobs Act.
Feb 05, 2024 02:22 AM EST
Wages Rising, Jobs Soaring: Can the US Economy Maintain This Momentum?
Employers across the country launched an impressive hiring spree to start 2024, adding 353,000 new positions in January alone, the most recent indication of the economy's resilience in the face of the highest interest rates in two decades.
Feb 03, 2024 03:33 AM EST
Ferrari's Record Year Ignites Investor Excitement for Future
Ferrari is a luxury sports vehicle company that exceeded both the top- and bottom-line earnings projections of Wall Street for the fourth quarter, capping a record-breaking year of profits.
Feb 02, 2024 01:00 PM EST
Ohio Braces for Economic Hit as Intel Hits Pause on Mega Project
Due to market conditions and the sluggish distribution of U.S. grant funds, Intel is postponing the development of its $20 billion chip manufacturing project in Ohio, according to a Wall Street Journal story published on Thursday.
Feb 02, 2024 12:20 PM EST
House Greenlights Expansion of Child Tax Credit, Unveiling Potential Benefits for Millions
The House approved a bill on Wednesday that would prolong certain business tax credits and enhance the important incentive for parents, bringing the Child Tax incentive one step closer to a makeover.
Feb 02, 2024 10:46 AM EST
Will It Last? Experts Weigh In on Mortgage Rate Trend and Housing Market Rebound
As the spring housing market draws near, potential homeowners will be pleased to learn that the average long-term U.S. mortgage rate decreased this week.
Feb 02, 2024 08:29 AM EST
Can Wall Street's Darling Meta Lean on Dollar Deals from Temu and Shein?
Temu and competitor Shein are smearing advertisements on Facebook and Instagram in an attempt to establish their brands and draw customers away from Alibaba's and Amazon.
Feb 01, 2024 02:56 AM EST
Wall Street Secret Revealed: Invest in This Underdog for Dividend Growth That Beats the Giants
The fact that there is no one-size-fits-all formula for success is among the finest things about investing on Wall Street. There's virtually likely a method that can increase your wealth over time, depending on your objectives, level of investing risk tolerance, and hobbies.
Jan 31, 2024 07:50 AM EST
Starbucks Sales Flatline as US Boycotts and China Cools Off
Starbucks failed Wall Street's forecasts with its quarterly profits and revenue announcement on Tuesday, as both its domestic and foreign sales fell short of projections.
Jan 31, 2024 07:10 AM EST
Oklahoma Teachers Scramble To Repay Thousands for Mistaken Bonus
Education authorities in Oklahoma are making an effort to recover incentives totaling at least $290,000 that they inadvertently gave to multiple instructors.
Jan 31, 2024 06:20 AM EST
Army Recruitment Crisis: A New Strategy Amid Falling Numbers
The Army is adjusting its target recruitment pool to keep up with trends in the U.S. labor market and difficulties competing for potential recruits ...
Jan 30, 2024 11:38 AM EST
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