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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'You Will Own Nothing And Be Happy.' 8 New Predictions from WEF
Nearly a decade ago, the WEF made a video '8 Predictions for the World in 2030,' the World Economic Forum where they cover a range of topics from the environment to technology.
Mar 18, 2024 03:28 PM EDT
Should You Invest in Europe Now? Top Rankings Signal Opportunity
According to the Global Opportunity Index (GOI) research by the Milken Institute, four of the top five locations for investors are in Europe.
Mar 18, 2024 06:03 AM EDT
March Madness and Money: Tips for Enjoying the Games Without Gambling Away Your Savings
Since the last March Madness tournament, more states have permitted legal sports betting for the sixth year in a row
Mar 18, 2024 01:12 AM EDT
Is Your Car a Snitch? Your Auto Insurance Premiums Might Beg to Differ.
Not since GM's Oldsmobile Cutlass was the best-selling car in America has it cost so much to insure a vehicle in the United States. With an MSRP starting at $4,290, buying a Cutlass outright 47 years ago would cost nearly as much as some Americans pay for their annual car insurance premiums today.
Mar 18, 2024 03:40 PM EDT
Dollar Stores Face Challenges as Inflation Strains Budgets
Since their inception in the 1950s, dollar shops have proliferated all throughout the United States, appearing in both rural and urban areas.
Mar 16, 2024 09:13 AM EDT
Biden's 2025 Budget: What Changes Could Impact Medicare, Family Leave, and Medicaid Home Care?
Major initiatives focused at assisting older persons are included in President Biden's 2025 budget plan, which will also serve as his platform for the presidential election.
Mar 15, 2024 12:10 PM EDT
Overpaid Social Security? New Boss Vows to Help You Keep More of Your Money
The new head of the Social Security Administration has pledged to restructure the agency's process for recovering billions of dollars that it believes were incorrectly disbursed to recipients, stating that the current method "just doesn't seem right or fair."
Mar 15, 2024 03:50 AM EDT
Inflation Alert: Everyday Goods Set to Cost More as Wholesale Prices Jump
The latest indication that inflationary pressures in the economy are still high and may not abate as quickly as the Federal Reserve or the Biden administration would like comes from the acceleration of wholesale prices in the United States in February.
Mar 15, 2024 12:48 AM EDT
How Employers Are Helping Employees Bridge the Student Loan-Retirement Gap
A new study found that paying off student loans is impeding certain Americans' ability to accumulate retirement savings, particularly those who earn higher wages in America.
Mar 14, 2024 10:20 AM EDT
Selling TikTok: Could a US Sale Affect Your Online Security and Wallet?
The more than 100 million American users of TikTok may soon be unable to use the app after the U.S. The app's Chinese parent business must sell it in the United States, or else the House of Representatives will vote to prohibit it.
Mar 14, 2024 09:31 AM EDT
Unmasking the Biggest Scams Targeting Your Wallet
Authorities urge people to be aware of the language that con artists usually employ to trick their victims since scams are becoming more common and are now frequently assisted by artificial intelligence.
Mar 14, 2024 03:53 AM EDT
Cyberattack on Healthcare May Mean Higher Costs for You: Here's Why
First Health Advisory, a digital health risk assurance organization, estimates that the suspected ransomware assault on a major health technology company last month cost providers $100 million every day while payment problems persist. The incident has left the health care industry reeling.
Mar 13, 2024 07:21 AM EDT