Consumers are piling on credit card debt, flashing signs of potential crisis
As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.
As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.
Is tipping getting out of control? Most consumers say yes
As more businesses adopt digital payment methods, consumers are prompted to leave a tip at places they typically wouldn’t. Some feel it has become more frustrating as the price of items has risen because of inflation.
As more businesses adopt digital payment methods, consumers are prompted to leave a tip at places they typically wouldn’t. Some feel it has become more frustrating as the price of items has risen because of inflation.
Gold and silver boom predicted as US hits debt ceiling, dollar devalues
Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.
Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.
US border authorities report increase in egg smuggling attempts as poultry prices soar amid inflation
The average cost for a dozen grade A eggs in November was $3.59, compared to $1.72 a year before.
The average cost for a dozen grade A eggs in November was $3.59, compared to $1.72 a year before.
Mortgage rates fall to lowest level since September
The average rate on a 30-year fixed mortgage fell to 6.15% on Thursday from 6.33% last week, according to mortgage buyer Freddie Mac. A year ago, the average rate was 3.56%.
The average rate on a 30-year fixed mortgage fell to 6.15% on Thursday from 6.33% last week, according to mortgage buyer Freddie Mac. A year ago, the average rate was 3.56%.
Google cutting 12,000 jobs as tech industry layoffs widen
Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.
Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.
US debt limit: US Treasury buys time for Biden and House GOP on deal
The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.
The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.
Party City files for bankruptcy protection amid rising prices
Party City is filing for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending.
Party City is filing for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending.
Netflix is hiring a flight attendant for one of its private jets—and the job pays up to $385,000
Job candidates can apply now for the role on the Netflix website for a chance to travel and earn a quality salary.
Job candidates can apply now for the role on the Netflix website for a chance to travel and earn a quality salary.
How inflation is changing the way people use payment apps
A recent survey by Forbes finds that some young adults are using payment apps to cover the costs of restaurant tabs, groceries, and rent.
A recent survey by Forbes finds that some young adults are using payment apps to cover the costs of restaurant tabs, groceries, and rent.
China records 1st population decline in decades as births drop
China has long been the world's most populous nation but is expected to soon be overtaken by India — if it has not already.
China has long been the world's most populous nation but is expected to soon be overtaken by India — if it has not already.
Many smaller businesses plan to ramp up hiring in 2023, survey finds
The survey found that 84% of smaller business leaders said they’re also increasing compensation, while others are offering hiring bonuses, more flexible hours, and remote work options.
The survey found that 84% of smaller business leaders said they’re also increasing compensation, while others are offering hiring bonuses, more flexible hours, and remote work options.
US inflation slows to 6.5% over past 12 months, easing some pressure
The softer readings add to growing signs that the worst inflation in four decades is gradually waning.
The softer readings add to growing signs that the worst inflation in four decades is gradually waning.
Biden: Easing inflation 'giving families some real breathing room'
Inflation eased to 6.5% in December compared with 12 months earlier.
Inflation eased to 6.5% in December compared with 12 months earlier.
Egg prices rise more than 64% in some states
The average cost for a dozen grade A eggs was $3.59 in November, up from $1.72, a year earlier.
The average cost for a dozen grade A eggs was $3.59 in November, up from $1.72, a year earlier.
Why more people & manufacturing companies moving into Maricopa County is a good thing
Census data shows that one person moves into Maricopa County every 5 minutes. "I've been tracking that since 2010, and that time has actually gone down, so that means more people are coming here more frequently."
Census data shows that one person moves into Maricopa County every 5 minutes. "I've been tracking that since 2010, and that time has actually gone down, so that means more people are coming here more frequently."
Biden, López Obrador, Trudeau show unity during summit, downplay tensions
President Joe Biden, Mexican President Andrés Manuel López Obrador and Canadian Prime Minister Justin Trudeau are seeking to downplay their frustrations with one another on migration and trade as they meet for the North American Leaders Summit.
President Joe Biden, Mexican President Andrés Manuel López Obrador and Canadian Prime Minister Justin Trudeau are seeking to downplay their frustrations with one another on migration and trade as they meet for the North American Leaders Summit.
Bed Bath & Beyond plans for more layoffs as sales tank
Bed Bath & Beyond’s fiscal third-quarter sales fell by a third as the home goods company struggles to strike the right balance with its shoppers, a sign of its worsening outlook.
Bed Bath & Beyond’s fiscal third-quarter sales fell by a third as the home goods company struggles to strike the right balance with its shoppers, a sign of its worsening outlook.
Why are eggs, egg product prices going up? Restaurant & farming expert weigh in
Have you noticed the price of eggs lately? They’ve nearly doubled over the past year. The production costs are impacting prices at the grocery store, bakery, and your favorite restaurant.
Have you noticed the price of eggs lately? They’ve nearly doubled over the past year. The production costs are impacting prices at the grocery store, bakery, and your favorite restaurant.
Record number of Americans are paying $1000 a month or more for monthly car payments, data shows
More than 15% of consumers who financed a new vehicle toward the end of 2022 committed to paying more than $1,000 a month, the highest percentage ever recorded.
More than 15% of consumers who financed a new vehicle toward the end of 2022 committed to paying more than $1,000 a month, the highest percentage ever recorded.