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Tag: Personal spending

Tens of thousands of workers were laid off in January. If you were affected, here’s how you may find work faster

Tens of thousands of workers were laid off in January. If you were affected, here’s how you may find work faster

February 2, 2024February 3, 2024 · World News

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 faster
The U.S. avoided a recession in 2023. What’s the outlook for 2024? Here’s what experts are predicting

The U.S. avoided a recession in 2023. What’s the outlook for 2024? Here’s what experts are predicting

December 26, 2023December 26, 2023 · World News

Grocery 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 predicting
Why Fed rate hikes take so long to affect the economy, and why that effect may last a decade or more

Why Fed rate hikes take so long to affect the economy, and why that effect may last a decade or more

December 12, 2023December 12, 2023 · Banking

The U.S. economy continues to grow despite the 5.5% benchmark federal funds interest rate set by the Federal Reserve in 2023. The Fed’s leaders expect their interest rate…

Read more Why Fed rate hikes take so long to affect the economy, and why that effect may last a decade or more
High mortgage rates have limited opportunities for homebuyers and sellers. How that may change in 2024

High mortgage rates have limited opportunities for homebuyers and sellers. How that may change in 2024

December 5, 2023December 7, 2023 · Real Estate

Why 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 2024
Public workers may receive reduced Social Security benefits. There’s growing support in Congress to change that

Public workers may receive reduced Social Security benefits. There’s growing support in Congress to change that

November 12, 2023November 12, 2023 · Business

Araya 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 that
This Apple App Store billing policy can lead to overdraft fees, budget woes: ‘It’s a bizarre practice,’ developer says

This Apple App Store billing policy can lead to overdraft fees, budget woes: ‘It’s a bizarre practice,’ developer says

October 27, 2023October 27, 2023 · Banking

Igor Golovniov | SOPA Images | LightRocket via Getty Images For many purchases, once you swipe your debit or credit card or click “buy now,” that transaction swiftly…

Read more This Apple App Store billing policy can lead to overdraft fees, budget woes: ‘It’s a bizarre practice,’ developer says
As ‘bougie broke’ videos trend on social media, experts say that’s not necessarily a bad thing

As ‘bougie broke’ videos trend on social media, experts say that’s not necessarily a bad thing

July 8, 2023July 8, 2023 · Business

Photo 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 thing
Mortgage points may help homebuyers lower monthly costs amid high interest rates. How to know if this strategy is right for you

Mortgage points may help homebuyers lower monthly costs amid high interest rates. How to know if this strategy is right for you

June 17, 2023June 17, 2023 · Real Estate

As 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 you
Americans are spending big with credit cards. Here’s what that means for the possibility of a recession

Americans are spending big with credit cards. Here’s what that means for the possibility of a recession

May 11, 2023May 13, 2023 · Banking

Economists have been forecasting a recession for months, and that looming downturn is one of the most anticipated in U.S. history. But it’s not yet materialized, in part…

Read more Americans are spending big with credit cards. Here’s what that means for the possibility of a recession
This 28-year-old pays  a month to live in a dumpster he built for ,000—take a look inside

This 28-year-old pays $62 a month to live in a dumpster he built for $5,000—take a look inside

April 30, 2023April 30, 2023 · World News

Last October, I returned to London after working abroad for nearly a year in Central America and Southeast Asia. Finding an apartment on a budget wasn’t easy. The…

Read more This 28-year-old pays $62 a month to live in a dumpster he built for $5,000—take a look inside
Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play it

Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play it

April 29, 2023April 29, 2023 · World News

As luxury stocks make waves overseas, State Street Global Advisors believes investors should consider European ETFs if they want to capture the gains from their outperformance. Matt Bartolini,…

Read more Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play it
Americans are saving far less than normal in 2023. Here’s why

Americans are saving far less than normal in 2023. Here’s why

April 27, 2023April 27, 2023 · Banking

The U.S. personal savings rate remains below its historical average, according to the U.S. Bureau of Economic Analysis. The seasonally adjusted annual rate of personal saving was 4.6%…

Read more Americans are saving far less than normal in 2023. Here’s why
Why Americans are saving less in 2023

Why Americans are saving less in 2023

April 27, 2023April 27, 2023 · Banking

ShareShare 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 2023
I’m an experienced female solo traveler—here are 4 tips I use to be smart about my money on the go

I’m an experienced female solo traveler—here are 4 tips I use to be smart about my money on the go

February 18, 2023February 19, 2023 · World News

Solo travel is one of my favorite perks of being single. Of course, anyone can book a trip by themselves, but I’ve found my coupled friends are less…

Read more I’m an experienced female solo traveler—here are 4 tips I use to be smart about my money on the go
This 52-year-old retiree left the U.S. for Portugal. Here’s how he spends his weekend—on less than

This 52-year-old retiree left the U.S. for Portugal. Here’s how he spends his weekend—on less than $40

February 11, 2023February 11, 2023 · World News

In 2015, my family and I took a vacation to Lisbon, Portugal. We immediately fell in love with the beautiful weather, the rattle of cable cars, and the welcoming…

Read more This 52-year-old retiree left the U.S. for Portugal. Here’s how he spends his weekend—on less than $40
A self-made millionaire shares 8 money secrets rich people know that ‘most of us don’t’

A self-made millionaire shares 8 money secrets rich people know that ‘most of us don’t’

January 30, 2023January 30, 2023 · World News

It took me 20 years of trial and error before I achieved a multimillion-dollar net worth. Now, at 64, I draw income from the 18 companies I started…

Read more A self-made millionaire shares 8 money secrets rich people know that ‘most of us don’t’
Don’t assume the interest on your savings account is keeping up with Federal Reserve rate hikes. Here’s why

Don’t assume the interest on your savings account is keeping up with Federal Reserve rate hikes. Here’s why

January 3, 2023January 3, 2023 · Banking

Valentinrussanov | E+ | Getty Images As the Federal Reserve continues to hike interest rates, you may assume you’re earning more on the money in your savings account.…

Read more Don’t assume the interest on your savings account is keeping up with Federal Reserve rate hikes. Here’s why
Iran morality police status unclear after ‘closure’ comment

Iran morality police status unclear after ‘closure’ comment

December 4, 2022December 4, 2022 · World News

CAIRO — An Iranian lawmaker said Sunday that Iran’s government is “paying attention to the people’s real demands,” state media reported, a day after a top official suggested…

Read more Iran morality police status unclear after ‘closure’ comment
Cyber Monday deals lure in consumers amid high inflation

Cyber Monday deals lure in consumers amid high inflation

November 28, 2022November 29, 2022 · Technology

NEW YORK — Days after flocking to stores on Black Friday, consumers are turning online for Cyber Monday to score more discounts on gifts and other items that…

Read more Cyber Monday deals lure in consumers amid high inflation
Cyber Monday deals lure in consumers amid high inflation

Cyber Monday deals lure in consumers amid high inflation

November 28, 2022November 28, 2022 · Finance

NEW YORK — Days after flocking to stores on Black Friday, consumers are turning online for Cyber Monday to score more discounts on gifts and other items that…

Read more Cyber Monday deals lure in consumers amid high inflation
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