Alarming number of Americans fall deeper into credit card debt each month: survey
Americans owe more than $5,000 in credit card debt on average and in times of high inflation and rising interest rates, they are relying on credit cards more than ever before. But there are ways to pay off debt quickly.
Retirement savings are getting sucked up in a financial vortex: Goldman Sachs
U.S. workers have upped their retirement savings, but competing spending continues to challenge most from reaching their goals, a recent Goldman Sachs Asset Management (GSAM) retirement report said.
Gas prices’ steady decline might gain momentum as holidays approach: AAA
Nationwide gas prices continue to fall as demand likely remains flat. The steady decline could accelerate following recent drops in the price of oil, according to AAA.
IRS sets new tax brackets, standard deduction for 2024
The IRS makes such adjustments annually, but in times of inflation, the increases are more significant and impactful for taxpayers.
Retirement crisis: Great Recession takes its toll on younger Boomers
The Great Recession diminished the retirement savings potential of late Boomers, a study found. And cost adjustments to Social Security could be smaller next year.
Rare Titanic first-class menu from ill-fated voyage heads to auction
This historic menu, which dates back to the ill-fated ship's voyage from Queenstown to New York, features dishes like spring lamb and "squab à la godard."
Starbucks increases US hourly wages and adds other benefits for non-union workers
Starbucks said Monday that unionized workers won't be eligible for some of those perks, a sign of the continuing tension between the Seattle coffee giant and the union trying to organize its U.S. stores.
Issue that caused deposit delays for some Bank of America customers, resolved, Fed says
Bank of America said account information remained secure and balances would be updated as soon as the deposits were received.
Report: You would need to earn six figures to afford a median-priced home in the US
The Associated Press reported that home sales continue to decline but prices continue to climb.
Fed leaves rates unchanged, open to possible future hike
The Federal Reserve kept its key short-term interest rate unchanged for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahea
Education Department punishes student loan servicer for error that made 800,000 borrowers delinquent
The U.S. Department of Education said it penalized MOHELA after a billing error led over 800,000 borrowers to miss their payments in October.
Pfizer to shutter North Jersey campus; nearly 800 jobs affected
Pfizer plans to shutter its Peapack campus in northern New Jersey, impacting nearly 800 jobs.
Halloween spending will hit a new record but consumers weary of inflation's impact: report
Americans plan to spend a record $12.2 billion on Halloween this year, beating last year's blowout of $10.6 billion, according to a report by the National Retail Federation (NRF).
Most Americans say their household expenses are outpacing earnings this year, poll finds
As household expenses surpass earnings, many are concerned about their financial futures.
Fall 2023 top emerging US housing markets revealed
Realtor.com reviewed data for the largest metropolitan areas in the United States to find emerging housing markets that offer a lower cost of living and thriving economies that are not too crowded.
Debt relief scams grow as consumer debt hits record high: BBB
The Better Business Bureau has received over 11,000 complaints and almost 900 negative reviews about debt and credit assistance.
Student loan scammers arise as repayment begins
As student loan repayment begins after a federal pause, scammers are preying on borrowers seeking debt relief. But there are free and legitimate ways to lower your monthly payments or get student loan relief. Here's how.
Colorado business pays $23.5K settlement with 6,500 pounds in coins: reports
A Northern Colorado welder who agreed to settle a lawsuit filed by another welder paid the settlement amount of $23,500 that was agreed upon, in quarters, nickels, dimes and pennies, according to reports.
Here's why more Americans are choosing the risky option of driving without insurance: report
Auto insurers are passing on the rising cost of covering claims to their customers and an increasing number are deciding to forgo coverage as a result, a recent report by J.D. Powers said.
Adult kids are moving in with parents to save for homes, survey reveals
The rate on the 30-year fixed mortgage now stands at 7.63%.