Skynesher | E+ | Getty Images New government data shows a surprisingly strong job market for the month of January. But there are signs of weakness in the…
Read more Tens of thousands of workers were laid off in January. If you were affected, here’s how you may find work fasterPeople walk through the Financial District by the New York Stock Exchange (NYSE) on the last day of trading for the year on December 29, 2023 in New…
Read more As the S&P 500 enters bull market territory, here's what to consider before you investGrocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Scott Olson | Getty Images Heading into 2023, the predictions were nearly…
Read more The U.S. avoided a recession in 2023. What’s the outlook for 2024? Here’s what experts are predictingWhy many homeowners are ‘staying put’ Last week, the average interest rate for certain 30-year fixed-rate mortgages decreased to 7.37% from 7.41% the prior week, in the fourth…
Read more High mortgage rates have limited opportunities for homebuyers and sellers. How that may change in 2024Araya Doheny | Getty Images When Dave Bernstein, 87, started working at the U.S. Postal Service in February 1970, he was making $2.35 an hour. To supplement his…
Read more Public workers may receive reduced Social Security benefits. There’s growing support in Congress to change thatJozef Polc / 500Px | 500Px Plus | Getty Images The Social Security Administration has announced a 3.2% cost-of-living adjustment for 2024. These benefit adjustments are made annually…
Read more Social Security cost-of-living adjustment will be 3.2% in 2024, well below this year’s record-setting increaseFor many Americans, payday can’t come soon enough. As of June, 61% of adults are living paycheck to paycheck, according to a LendingClub report. In other words, they…
Read more Here’s why Americans can’t stop living paycheck to paycheckMayors in cities across the U.S. want to loosen rules that can slow the pace of office-to-residential conversions. In some instances, cities have offered generous tax abatements to…
Read more East Coast mayors call for more office-to-apartment conversionsPhoto taken in Amalfi, Italy Sergio_pulp | Istock | Getty Images “Have you ever been broke, but no one believes you because you don’t look like a broke…
Read more As ‘bougie broke’ videos trend on social media, experts say that’s not necessarily a bad thingKieferpix | Istock | Getty Images A record 43.2 million people are expected to travel by car this July 4 holiday, according to AAA, the motoring and leisure…
Read more With a record number of travelers expected to drive this July 4, here’s how to save on gasAs interest rates have climbed, homebuyers have been confronted with higher borrowing costs. That has led more home purchasers to opt for one strategy, purchasing mortgage points, as…
Read more Mortgage points may help homebuyers lower monthly costs amid high interest rates. How to know if this strategy is right for youThe numbers: The U.S. created a stronger-than-expected 253,000 new jobs in April and wages rose sharply, indicating there’s still lot of demand for labor even as the economy…
Read more Jobs report shows strong 253,000 increase in April. U.S. labor market not cooling muchThe numbers: The U.S. created a stronger-than-expected 253,000 new jobs in April and wages rose sharply, indicating there’s still lot of demand for labor even as the economy…
Read more Jobs report shows strong 253,000 increase in April. U.S. labor market not cooling muchShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Americans started the 2020s with a personal savings boom. The trillions in excess personal savings…
Read more Why Americans are saving less in 2023Scores of luxury homes are coming to major cities across the United States. Analysts at Yardi Matrix projected that more than 400,000 units were completed in 2022, and…
Read more U.S. cities are filling up with luxury apartments despite ‘housing recession’In 2019, I bought a three-bedroom, 1,400-square-feet house in Atlanta, Georgia for $196,000. I figured I could earn extra income by renting out the spare rooms on Airbnb,…
Read more This 26-year-old pays $0 to live in a ‘luxury tiny home’ she built for $35,000 in her backyard—take a look insideShoppers look at items displayed at a grocery store in Washington, D.C., on Feb. 15, 2023. Stefani Reynolds | AFP | Getty Images A new U.S. government reading…
Read more As new data shows inflation rose in January, here’s what consumers can expect nextAs Wall Street gears up for key inflation data, Wells Fargo Securities’ Michael Schumacher believes one thing is clear: “The Fed is not your friend.” He warns Federal…
Read more ‘Fed is not your friend’: Wells Fargo delivers warning ahead of key inflation reportThe numbers: The employment cost index slowed at the end of 2022 for the third quarter in a row, but worker compensation still rose a sharp 1% and…
Read more U.S. employment costs slow again, but they’re still rising too fast to comfort Fed as inflation battle ragesConsumers spent less in December even as an inflation measure considered key by the Federal Reserve showed the pace of price increases easing, the Commerce Department reported Friday.…
Read more Key Fed inflation measure eased in December while consumer spending also declined
