Welcome to our financial news and updates section. You’ll find up-to-date news and easy-to-understand articles on personal finance, loans, mortgages, banking, and more here. Whether you want to manage your money better or understand loan options, we’ve got you covered. Stay informed and make wise financial decisions with our straightforward tips.
U.S. Credit Card Debt Surpasses $1 Trillion, and Here’s What It Means for the Average Spender
The credit landscape in the U.S. is changing rapidly, and if you’re an avid credit card user, this is something yo...
Elinor Rozenvasser
A Closer Look at July’s Labor Market Performance and Economic Indicators
The Labor Department’s report on July’s job growth, which was lower than predicted, indicates a decelerating...
Elinor Rozenvasser
How to Save for Personal Emergencies During Inflation
In the past 12 months or so, the rate of inflation has gone up by 4%. And although inflation is starting to drop, itR...
Angela Mae
What the Latest Fed Rate Hike Means for Your Finances
The Federal Reserve announced another rate hike in late July 2023. That marks 4 interest rate hikes in 2023. With anothe...
Elinor Rozenvasser
Meet FedNow, the newly launched instant-payment service for faster cash-flow
Key takeaways FedNow is a new payments network that is being built by the Federal Reserve. It is expected to be fully op...
Elinor Rozenvasser
Microsoft stock goes wild after announcing a $30/mo AI subscription for Microsoft 365
Key Points: Microsoft announced on Tuesday that it will be adding a new AI subscription service to Microsoft 365. The se...
Elinor Rozenvasser
Place your wagers, Fed’s interest rates decision out next Wednesday
Does anyone remember the good old days when we could go an entire news segment without hearing the word “inflation” ...
Elinor Rozenvasser
Money Update, 19 July: Inflation Cools, Mortgage Rates Climb, Consumers Feel Better (For Now)
Last week was a big one for economic data, and the news was mixed. On the one hand, inflation finally seems to be coolin...
Elinor Rozenvasser
A Ray of Economic Hope: Will the U.S. Economy Achieve a ‘Soft Landing’?
Key Takeaways: 1. After a year of intense rate hikes, the Federal Reserve may be on the cusp of achieving a ‘soft ...
Elinor Rozenvasser