Economist urges Fed to meet 'now' to cut rates as stocks tumble: It's a 'frightening time'
Economist Stephen Moore urged the Federal Reserve to address falling commodity prices and shift from inflation concerns to deflation, while Fed Chairman Jerome Powell indicated a potential rate cut if inflation cools, amidst a market meltdown driven by recession fears.
Dow drops 1K points, Japanese stocks suffer worst crash since 1987
Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.
Dow, S&P 500, Nasdaq have worst session since 2022
U.S. stocks registered the worst session since 2022 after a string of weak economic reports jolted investor fears that a recession may be brewing.
Study ranks US states with most financially-distressed residents
WalletHub's recent study reveals the U.S. states with the most financially-distressed residents, highlighting surprising trends and economic struggles. Michigan tops the list, followed closely by Texas and Nevada.
Federal Reserve sees progress with inflation, hinting that a rate cut is near
The Federal Reserve said progress was made to lower inflation, suggesting that the central bank is moving closer to cutting its key interest rate for the first time in four years.
Here's how many Americans admit to shoplifting, and where they do it most often
The majority of Americans who admitted to recently shoplifting said inflation and finances were a factor in their decision.
Long Island home prices surge: Here are 3 factors that could lower them
If you're looking to buy a home, and you're on a budget, you may want to steer clear of Long Island. Here are three things that could drive prices down.
Starbucks quarterly revenue falls on weak traffic in US and China
Starbucks' revenue fell 1% in the April-June period as customer traffic weakened in the U.S. and China.
US national debt tops $35 trillion, hitting new record
The U.S. gross national debt hit $35,001,278,179,208.67 on Monday, according to the Treasury Department.
Bosses admit that return-to-office mandates were meant to make staff quit
Bosses implemented return-to-office mandates hoping their workers would quit
These NY, NJ towns make list for worst cities to buy property in next 5 years
If you're betting on a property, experts say you'll go broke in these two NY and NJ towns.
Americans are falling behind on their car payments, data shows
Recent data from auto experts shows that Americans are struggling with car payments, with the number of defaults industrywide up in the first half of 2024.
Considering retirement in NY, NJ, CT? 2024 rankings reveal top states
If you're considering retiring in NY, NJ and CT, you may change your mind based on these 2024 rankings. Here's what you need to know.
Peacock raises its prices -- here's what subscribers will now pay
Customers will see a new change on their monthly bills after Peacock’s latest rate hike. Here’s what you need to know.
New 401(k) rule makes it easier to tap savings for emergencies
A new law has made it easier for Americans to tap their 401(k)s and other retirement accounts for emergency funds as they continue to battle high inflation.
Social Security just announced a change for millions of beneficiaries
Millions of Social Security recipients must switch to a new Login.gov portal to continue accessing their online account information, as announced by the Social Security Administration.
Here's the salary you need to be in the top 1% in NY, NJ, CT
What does it take to be among the top 1% in NY, NJ and CT? Here's where each state ranked.
IRS issues warning to taxpayers
The Internal Revenue Service is issuing a warning to taxpayers about a new scam on their radar that could cost you time and money.
Retirees with $1 million in savings could run out of money faster in these states, study finds
Data from GoBankingRates offered better outlooks for retirees in Southeastern and Midwestern states.
These NY, NJ, CT towns top 'America's Wealthiest Suburbs' l Full list
GOBankingRates.com has come out with a new list of "America’s Wealthiest Suburbs," and areas across NY, NJ and CT were well represented. Did your town make the cut?