Why now is a smart time to build emergency savings
A majority of Americans say they can’t afford a $1,000 emergency expense, a recent report from Bankrate finds. Only 44% of Americans surveyed said they...
Costco benefits from doomsday preppers
Fg Trade | E+ | Getty Images Among the cans of tuna and flashlights in doomsday preppers’ closets, there is an increasingly popular staple —...
Here’s the inflation breakdown for February 2024 — in one chart
Shoppers are seen in a Kroger supermarket in Atlanta on Oct. 14, 2022. Elijah Nouvelage | AFP | Getty Images Consumers continued to contend with...
True inflation may have peaked in late 2022 — at 18% — and still hovers around 8%
“Consumer borrowing costs in the U.S. have skyrocketed, but the CPI doesn’t count this. ” There are widely divergent perspectives between Wall Street, where exuberance...
Here’s the inflation breakdown for January 2024 — in one chart
People shop at a home improvement store in Brooklyn on Jan. 25, 2024. Spencer Platt | Getty Images News | Getty Images Inflation declined in...
Biden has forgiven $136 billion in student debt
US President Joe Biden arrives to board Air Force One at Joint Base Andrews in Maryland, on August 15, 2023. Andrew Caballero-Reynolds | AFP |...
When Will the Fed Cut Interest Rates?
Will the Federal Reserve lower interest rates? It’s a matter of when, not if, according to the central bank. But the Fed has indicated that...
56 million Americans have been in credit card debt for at least a year
Americans are increasingly leaning on their credit cards. Altogether, card balances now total $1.08 trillion, according to the latest quarterly report from the Federal Reserve Bank...
Millions of student loan borrowers still aren’t making payments
Student loan forgiveness advocates rally outside the U.S. Supreme Court building in Washington, D.C., after the nation’s high court struck down President Joe Biden’s student...
How Can Spending Be Up When People Feel Down?
Updated Dec. 27, 2023 12:00 am ET According to the Misery Index, Americans shouldn’t be all that miserable. But they might only recently have started...