Low-Income Borrowers Face Loan Delinquency as Prices Rise
According to current data and bank executives, U.S. borrowers with lower incomes are finding it more and more difficult to make their loan payments. As a result, banks are becoming more cautious when granting credit cards and auto loans.
Apr 23, 2024 04:45 AM EDT
Another Retailer Bites the Dust: How Express's Struggles Reflect the Changing Retail World
Express Inc. has filed for Chapter 11 bankruptcy protection. Once a trailblazer in casual workplace wear, the company has struggled to compete with retailers like Zara and H&M.
Biden's Renewed Effort for Tuition-Free Community College Could Transform Personal Finances
President Joe Biden indicated that he was still hopeful about making some college education free when he disclosed the specifics of his Plan B for student loan forgiveness.
Fewer Self-Checkouts at Walmart: Could This Mean More Cashiers and Lower Prices?
Walmart is getting rid of the self-service lanes at a store in Missouri, joining the ranks of businesses reevaluating self-checkout.
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Tick-Tock: Deadline for Student Loan Forgiveness Looms is April 30
In the grand tapestry of adulting, managing student loans often feels like navigating a labyrinth designed by someone with a particularly wicked sense of humor. But here's a beacon of hope: The Consumer Financial Protection Bureau (CFPB) has thrown a lifeline to borrowers. The catch? You've got to act fast-by April 30, to be precise.
Apr 04, 2024 02:11 PM EDT
Tesla Sales Slump as More Affordable Options Hit the Road (Is Now the Time to Buy?)
As global competition in the electric car industry intensified and the company's earlier price reductions failed to draw in additional customers, Tesla's sales dropped precipitously in the most recent quarter.
Apr 04, 2024 07:22 AM EDT
Spring Hope Blooms! More Homes on the Market, Buyer Optimism Up
With more properties on the market and buyers ready to buy now that the winter frost has passed, the spring purchasing season is heating up.
Apr 04, 2024 04:02 AM EDT
JetBlue's New Bag Fee Surprise: What You Need to Know
JetBlue is increasing the cost of checking bags during busy travel times by using surge pricing for bag checks, comparable to what Uber does.
Apr 04, 2024 02:37 AM EDT
Your Favorite Chocolate Could Soon Be a Luxury You Can't Afford
Chocolate addicts take note: it's likely to grow more expensive to satisfy your already expensive addiction.
Apr 03, 2024 06:10 AM EDT
How Stores Like Target Use Your Data to Sell You More
For the past three quarters, Target store sales have decreased as consumers have been shopping at competitor Walmart (WMT.N), Temu (PDD.O), Shein, and other direct-to-consumer retailers searching for better deals.
Apr 03, 2024 05:21 AM EDT
Housing Affordability Hits Rock Bottom, Economist Says
Remember the days when snagging your dream home was as simple as saving up for a down payment and signing on the dotted line? Well, those days seem to be tucked away in our grandparents' photo albums, next to pictures of $0.25 gas and milk delivered to your doorstep. Today's housing market paints a starkly different picture, one where "affordability has just totally collapsed," according to economists and recent studies.
Apr 02, 2024 02:59 PM EDT
Generation Alpha: Charting a Bright Future Amidst Skepticism
With the oldest members barely in their early teens and the youngest yet to make their debut, there's a growing chorus of concern about their future. Critics and commentators, from the depths of YouTube to the scrolls of TikTok, have been quick to label them as "feral," "illiterate," or even "doomed." But is it all doom and gloom for Generation Alpha, or is there a silver lining that we're missing?
Apr 02, 2024 02:21 PM EDT
Cash-Strapped Globetrotters Beware: The Hidden Costs Driving Up Luxury Travel
Most of the travel sector is back on course. However, the high costs associated with the luxury market, which increased during the Covid epidemic, aren't going down. In actuality, they are rising each month.
Apr 02, 2024 10:42 AM EDT
How to Spot Real Deals During the Solar Eclipse
Although the next complete solar eclipse will only last for a little over five minutes, fast-food restaurants and other businesses are using the occasion to launch days of promotions. These include discounts, free snacks, and solar eclipse glasses that are limited to one hundred pieces.
Apr 02, 2024 08:56 AM EDT
Save Money, Save Time: Essential Tax Updates for Small Businesses
There are several considerations small company owners should make for their tax file this year as Tax Day draws near.
Apr 02, 2024 08:09 AM EDT
California Fast Food Boom Boosts Wages to $20, Will Your Industry Follow Suit?
The minimum wage in the restaurant business in the United States will reach $20 per hour for the majority of workers in California starting on Monday. However, the pay increase is igniting a heated discussion, with labor groups praising the advantages of higher salaries while some restaurant owners fear job losses and increased client pricing.
Apr 01, 2024 08:15 AM EDT