Credit card balances grow $48 billion in the third quarter: NY Fed
Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to the New York Fed.
Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to the New York Fed.
Where are mortgage rates headed amid easing inflation? Experts weigh in
Tuesday’s new report from the Labor Department showed that prices either fell or rose more slowly across a broad range of goods including housing.
Tuesday’s new report from the Labor Department showed that prices either fell or rose more slowly across a broad range of goods including housing.
US consumer inflation eased in October, driven by cheaper gas, cars and airfares
Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled consumers for the past two years.
Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled consumers for the past two years.
Homebuying to remain slow through 2023: agent survey
High mortgage rates and home prices may keep homebuyers on the sidelines through 2023, a survey found. But you can still find the best mortgage rate by comparing your options.
High mortgage rates and home prices may keep homebuyers on the sidelines through 2023, a survey found. But you can still find the best mortgage rate by comparing your options.
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.
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.
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.
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.
The IRS makes such adjustments annually, but in times of inflation, the increases are more significant and impactful for taxpayers.
Cash offers for homes reach near decade high in September
Over 30% of wealthy homebuyers in September bought a home in all cash, allowing them to avoid interest. Rates are still hovering just under 8%, a high not seen in two decades.
Over 30% of wealthy homebuyers in September bought a home in all cash, allowing them to avoid interest. Rates are still hovering just under 8%, a high not seen in two decades.
Thinking of places to retire? Reading, Berks County is topping a new survey
Reading, Pennsylvania is ranked number two in a new survey of the best places to retire in the U.S. and residents couldn't be more proud.
Reading, Pennsylvania is ranked number two in a new survey of the best places to retire in the U.S. and residents couldn't be more proud.
Auto loans much more expensive for drivers with bad credit: report
Borrowers are spending more to finance car purchases across the board, but poor credit ratings can drive the cost up by up to $12,000, a recent report by Jerry said.
Borrowers are spending more to finance car purchases across the board, but poor credit ratings can drive the cost up by up to $12,000, a recent report by Jerry said.
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."
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."
Back-to-office mandates are pushing some Americans to sell homes at a loss
Back-to-office mandates are pushing many home sellers to close quickly, Redfin reported. This could open up the market to many homebuyers amid low housing availability and high home prices. Here’s what you need to know.
Back-to-office mandates are pushing many home sellers to close quickly, Redfin reported. This could open up the market to many homebuyers amid low housing availability and high home prices. Here’s what you need to know.
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.
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.
The Associated Press reported that home sales continue to decline but prices continue to climb.
Maria Tallchief, America’s 1st prima ballerina, featured on US quarters
Maria Tallchief is the tenth woman to be featured on U.S. quarters are part of the American Women Quarters Program.
Maria Tallchief is the tenth woman to be featured on U.S. quarters are part of the American Women Quarters Program.
FTX founder Sam-Bankman-Fried convicted of defrauding cryptocurrency customers
FTX founder Sam Bankman-Fried's spectacular rise and fall in the cryptocurrency industry - a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president - hit a new bottom Thursday when a New York jury convicted him of fraud in a scheme that cheated customers and investors of at least $10 billion.
FTX founder Sam Bankman-Fried's spectacular rise and fall in the cryptocurrency industry - a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president - hit a new bottom Thursday when a New York jury convicted him of fraud in a scheme that cheated customers and investors of at least $10 billion.
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
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.
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.
Gifts for the holidays: How to plan, shop wisely this season amid inflation
As high costs force tough decisions for the holidays, Ramsey Solutions experts share advice.
As high costs force tough decisions for the holidays, Ramsey Solutions experts share advice.