Month: November 2022

In an economy that has produced the highest inflation rate since the early 1980s, Americans are struggling to keep up with day-to-day expenses. More consumers are now relying on credit cards to get by, which has helped propel total credit card debt to $930 billion in the third quarter, just shy of the all-time record, according to
0 Comments
In this article LOW Follow your favorite stocksCREATE FREE ACCOUNT Lowe’s said Wednesday that high inflation isn’t hurting sales as it reported third-quarter earnings that beat Wall Street expectations. The company also upped its guidance for its full-year earnings. Shares of Lowe’s rose 3% Wednesday. related investing news TJX hits an all-time high as reason
0 Comments
Jeff Bezos finally said he plans to give away the “majority” of his $122 billion fortune during his lifetime. The announcement, in an interview with CNN released on Monday, came after years of Bezos facing questions and criticism over his relative lack of philanthropic donations, especially compared to fellow high profile billionaires like Bill Gates,
0 Comments
Student loan borrowers gather near The White House to tell President Biden to cancel student debt on May 12, 2020. Paul Morigi | Getty Images Entertainment | Getty Images Student loan default rates could dramatically spike if the Biden administration’s loan forgiveness plan is blocked, a top official at the U.S. Department of Education said
0 Comments
Every property owner needs insurance coverage that properly reflects the specifics of their particular property or development project. Insurance agents sell that insurance. They often also help the property owner determine what insurance makes sense. Agents typically know what they are doing, so owners typically rely on them. What happens, though, if the agent gets
0 Comments
In this article 7203.T-JP TM Follow your favorite stocksCREATE FREE ACCOUNT 2023 Toyota Prius Prime plug-in hybrid electric vehicle Toyota Toyota Motor is not giving up on its flagship Prius hybrid anytime soon, despite investing billions in all-electric vehicles amid criticism it hasn’t moved fast enough into the emerging segment. The automaker late Tuesday revealed
0 Comments
In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT Target‘s profit fell by around 50% in its fiscal third quarter as it cleared through unwanted inventory and sales slowed heading into the holidays, prompting the company to lower its expectations for retailers’ most important time of year. The company also said Wednesday it plans
0 Comments
damircudic | Getty After a rough year for cryptocurrency, taxes may not be a top priority for digital currency investors battered by steep losses. But the falling crypto market and the recent collapse of digital currency exchange FTX may affect next year’s tax bill — and beyond, according to financial experts. Despite recent losses, “gains
0 Comments
The relentless pace of the Federal Reserve’s rate hikes are coming against a backdrop of large numbers of older adults struggling economically and taking on debt to make ends meet. Even before the pandemic, debt was growing among older households. And the pandemic hit older adults especially hard. They experienced outsized health and employment impacts
0 Comments
As we digest the results of the midterm elections, some analysts are hoping President Biden’s powerful new economic programs can help heal our deep regional economic divisions. But without attention to worker and political power through unionization, those programs may help red states more than blue ones while not creating lasting prosperity and good jobs.
0 Comments