Cooling Inflation, Rising Rates: Are High-Yield Savings Accounts Still Your Best Bet?
The recent years have not been the best for interest rate environments. The greatest inflation rate in decades, coupled with high interest rates intended to control it, has caused Americans to feel the pinch of the economy almost everywhere-from their mortgage payments to their food bills.
Feb 23, 2024 6:07 AM EST
Reddit's IPO Filing Shows Growth, But Questions Remain
Reddit made public its initial public offering (IPO) filing on Thursday, one day before its much-awaited scheduled March stock market debut in the United States. The social network firm said that its net loss decreased to $90.8 million and revenue growth was around 21% in 2023.
Why Bidenomics is a Complete Failure
The numbers don't lie, and they paint a picture of an economy floundering under the weight of misguided decisions.
Bitcoin to 100K: Why 2024 Might Be The Year
Analysts at Blockware Solutions suggest that the 2024 Bitcoin halving could take the asset over the moon.
Latest News
New Data: How Many Credit Cards Should You Own?
Ask yourself, can you keep track of due dates, credit limits, and rewards programs? If you're nodding, great! If not, it might be time to rethink your plastic portfolio.
Feb 22, 2024 10:50 AM EST
Investors Flock to Nvidia as AI Dominates Company Projections
With its shares up 10% after hours, Nvidia predicted an almost threefold increase in quarterly revenue on Wednesday, comfortably above predictions as the firm cashed in on the enormous demand for its market-leading artificial intelligence processors.
Feb 22, 2024 10:01 AM EST
Can These 3 Stocks Weather the US-China Trade War?
The U.S. and China have a complex economic relationship that is both codependent and competitive. The U. S. and China have a complex economic relationship that is both codependent and competitive.
Feb 22, 2024 9:33 AM EST
Biden Administration Delivers Major Student Loan Forgiveness
On Wednesday, the Biden administration announced that it will automatically forgive 153,000 debtors' $1.2 billion in student loan debt.
Feb 22, 2024 6:53 AM EST
How Robots Saved the US Economy
Due to a persistent lack of workers, many businesses have had to invest in machines to perform some of the labor that has to be done by humans.
Feb 22, 2024 12:29 AM EST
Americans' Credit Card Addiction Fuels $35 Billion Merger
Since the pandemic, Americans have relied more and more on their credit cards. So much so that they are ready to risk over $30 billion on Capital One's wager that they won't give up the habit.
Feb 22, 2024 12:08 AM EST
Meet Sora: ChatGPT's Game-Changing Text-to-Video AI
This is huge Ever wished you could transform your words into a video in a snap? Well, it's time to stop wishing and start watching because ChatGPT's new AI model, Sora, is here to turn that dream into reality.
Feb 21, 2024 2:22 PM EST
Why You Need to Know About New 2024 HSA Contribution Limits
HSAs are the holy grail of tax savings ... Health Savings Accounts (HSAs) are like that cool cousin who always knows how to make your money work harder for you.
Feb 21, 2024 2:03 PM EST
How Much Debt is Too Much Debt?
Several signs that your debt might be getting out of hand. Imagine you're at a sartorial New York city loft party with tons of bougie hipsters and someone asks, "So, how much debt do you have?" It's not exactly the type of question that sparks lively conversation, is it? (Photo : Getty Images) Bad Credit That said, how much debt your in is an essential question.
Feb 21, 2024 1:34 PM EST
Conference Board Abandons U.S. Recession Call After Months of Warning
The Conference Board renounced its long-standing prediction on Tuesday that the US economy will enter a recession, despite the fact that its Leading Economic Index continues to predict flat economic production in the coming months.
Feb 21, 2024 6:10 AM EST
Pre-Scheduled SNAP Payments Rolling Out Now
Beginning on February 12, 2024, thousands of Americans will get their new SNAP food stamp payment within the same week. Y
Feb 21, 2024 5:19 AM EST
Walmart Earnings Beat Estimates, Sales Up 7%, But Average Transaction Size Dips
In an economically difficult climate plagued by a recent bout of inflation, Walmart's cheap pricing attract consumers searching for discounts, and the company reported another quarter of exceptional profits, finishing the year on a high note.
Feb 21, 2024 2:30 AM EST