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News

Stitching Together the Future: Joann Fabrics Files for Chapter 11

The crafting world was hit with a major blow today. Joann, the beloved fabric and crafts retailer, has filed for Chapter 11 bankruptcy. Like the unraveling of a well-worn quilt, this announcement marks the latest in a series of specialty retailers struggling to stay afloat in an increasingly digital marketplace.

Mar 18, 2024 3:54 PM EDT

News

Is Your Car a Snitch? Your Auto Insurance Premiums Might Beg to Differ.

Not since GM's Oldsmobile Cutlass was the best-selling car in America has it cost so much to insure a vehicle in the United States. With an MSRP starting at $4,290, buying a Cutlass outright 47 years ago would cost nearly as much as some Americans pay for their annual car insurance premiums today.

News

'You Will Own Nothing And Be Happy.' 8 New Predictions from WEF

Nearly a decade ago, the WEF made a video '8 Predictions for the World in 2030,' the World Economic Forum where they cover a range of topics from the environment to technology.

News

Should You Invest in Europe Now? Top Rankings Signal Opportunity

According to the Global Opportunity Index (GOI) research by the Milken Institute, four of the top five locations for investors are in Europe.

March Madness and Money: Tips for Enjoying the Games Without Gambling Away Your Savings

Since the last March Madness tournament, more states have permitted legal sports betting for the sixth year in a row

Mar 18, 2024 1:12 AM EDT

Dollar Stores Face Challenges as Inflation Strains Budgets

Since their inception in the 1950s, dollar shops have proliferated all throughout the United States, appearing in both rural and urban areas.

Mar 16, 2024 9:13 AM EDT

Biden's 2025 Budget: What Changes Could Impact Medicare, Family Leave, and Medicaid Home Care?

Major initiatives focused at assisting older persons are included in President Biden's 2025 budget plan, which will also serve as his platform for the presidential election.

Mar 15, 2024 12:10 PM EDT

Overpaid Social Security? New Boss Vows to Help You Keep More of Your Money

The new head of the Social Security Administration has pledged to restructure the agency's process for recovering billions of dollars that it believes were incorrectly disbursed to recipients, stating that the current method "just doesn't seem right or fair."

Mar 15, 2024 3:50 AM EDT

Inflation Alert: Everyday Goods Set to Cost More as Wholesale Prices Jump

The latest indication that inflationary pressures in the economy are still high and may not abate as quickly as the Federal Reserve or the Biden administration would like comes from the acceleration of wholesale prices in the United States in February.

Mar 15, 2024 12:48 AM EDT

How Employers Are Helping Employees Bridge the Student Loan-Retirement Gap

A new study found that paying off student loans is impeding certain Americans' ability to accumulate retirement savings, particularly those who earn higher wages in America.

Mar 14, 2024 10:20 AM EDT

Selling TikTok: Could a US Sale Affect Your Online Security and Wallet?

The more than 100 million American users of TikTok may soon be unable to use the app after the U.S. The app's Chinese parent business must sell it in the United States, or else the House of Representatives will vote to prohibit it.

Mar 14, 2024 9:31 AM EDT

Unmasking the Biggest Scams Targeting Your Wallet

Authorities urge people to be aware of the language that con artists usually employ to trick their victims since scams are becoming more common and are now frequently assisted by artificial intelligence.

Mar 14, 2024 3:53 AM EDT

Cyberattack on Healthcare May Mean Higher Costs for You: Here's Why

First Health Advisory, a digital health risk assurance organization, estimates that the suspected ransomware assault on a major health technology company last month cost providers $100 million every day while payment problems persist. The incident has left the health care industry reeling.

Mar 13, 2024 7:21 AM EDT

Rising Inflation Eats Away at Savings and Everyday Purchases

While inflation continues to be a persistent pain point for the Federal Reserve and President Joe Biden's reelection campaign, both of which are depending on a gradual easing of pricing pressures this year, consumer prices increased once more this month.

Mar 13, 2024 5:00 AM EDT

Equal Diplomas, Unequal Salaries: How Much is the Gender Pay Gap Hurting Your Wallet?

The persistent pay gap between men and women cannot be closed by education alone, according to a recent U.S. study. report from the Census Bureau.

Mar 13, 2024 1:06 AM EDT

The Federal Reserve's 'Death Star'. The Battle Over America's Wallets.

The CBDC debate continues. Concerns over the exploration of the creation of a central bank digital currency in the United States, commonly referred to as a CBDC, has some lawmakers up in arms regarding its potential for increased government surveillance and control.

Mar 12, 2024 5:24 PM EDT