401(k) hardship withdrawals on the upswing as inflation squeezes consumers
More Americans are making hardship withdrawals from their 401(k) retirement plans to cover expenses as they struggle with chronic inflation.
Moody's bank rating downgrades are a bit 'overblown': Phil Blancato
Advisor Group chief market strategist Phil Blancato and Whalen Global Advisors Chairman Chris Whalen analyze the financial sector selloff triggered by bank rating cuts on 'The Claman Countdown.'
Homeowners are actively renovating existing spaces despite higher rates: Bryan Fairbanks
Trex CEO Bryan Fairbanks discusses the home improvement market as mortgage rates continue to rise on 'The Claman Countdown.'
Some Americans drowning in credit card debt following the COVID-19 pandemic: survey
Post-pandemic, 35% of Americans said they are carrying their highest level of debt ever; 43% said their debt is close to or at a historic low, according to a Northwestern Mutual survey.
Today’s biggest mortgage savings? 10- and 15-year terms at 6.125% | August 8, 2023
Check out the mortgage rates for August 8, 2023, which are largely unchanged from yesterday.
Think tanks sue Biden for $39 billion student loan relief plan
The battle over student loan debt continues as a group of think tanks sues the Biden administration for it's latest $39 billion student loan forgiveness plan.
Credit card debt set to hit $1T as inflation continues squeezing Americans
Federal Reserve data released Tuesday is expected to show that U.S. households are carrying $1 trillion in credit card debt, the highest level on record.
Best stocks to buy if the market dips in August
Bullseye Option chief market strategist Alan Knuckman and Sarge986 President Stephen Guilfoyle predict what's ahead for markets and whether the S&P 500 can top 5000 on 'The Claman Countdown.'
Some consumers max out credit cards without knowing how much they pay to borrow: Survey
Skyrocketing costs also pushed 51% of Americans to increase their reliance on credit cards and why balances have surged in that time period, according to a recent Debt.com survey.
Student loan refinance interest rates spike for 10-year loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
Personal loan interest rates plunge for 3- and 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
US economy is going to stay 'very hot': Ryan Payne
Payne Capital Management President Ryan Payne explains why it's a good time for investors to be bullish on the U.S. stock market.
What are today's lowest mortgage rates? Look at today's shorter terms | August 7, 2023
Check out the mortgage rates for August 7, 2023, which are trending down from Friday.
Stock market is taking Fitch downgrade with a 'grain of salt': Jason Katz
UBS managing director and senior portfolio manager Jason Katz discusses the market rally and whether economists have 'thrown in the towel' on a recession on 'Varney & Co.'
More drivers spend $1000 a month on car payments, report says
The percentage of drivers spending upward of $1,000 a month on payments jumped to an all-time high of 17.1% in the second quarter, and drivers are spending an average of $733 on car notes, a recent Edmunds report said.
Think tanks file suit to block Biden administration's plan to cancel $39B in student loans
A new lawsuit filed in Michigan asks a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for hundreds of thousands of borrowers.
Is not having a 401(k) as a benefit becoming a deal breaker for new hires?
Workers are realizing it takes years of planning to shape up their nest egg for a comfortable retirement, and they’re counting on their 401(k) to help them reach their goals.
America’s aging population shows importance of succession planning for financial advisers, clients
The aging U.S. workforce, which has 10,000 Americans reaching retirement age daily, and less than half of financial advisers have succession plans in place.
Is pet insurance worth it? Here's what experts recommend
It may seem easy for pet parents to pass on pet insurance when their furry family member is young, energetic and healthy, but it is actually the best time to start protecting their pet.
Rep. Jim Jordan shares key takeaway from Devon Archer testimony
Rep. Jim Jordan, R-Ohio, weighs in on the Devon Archer congressional testimony and a possible impeachment inquiry on 'Maria Bartiromo's Wall Street.'