Looks like the inflation Grinch plans to stick around. Buckle up, America
It's the holiday season but millions of Americans are suffering the effects of high inflation. And new PPI data reveals that inflation is even higher than we thought just last month.
Pro-business group launches seven-figure ad campaign blasting proposed credit card reward points 'ban'
A GOP pro-business group is pushing back on an attempt by Congress to "ban" credit card reward points with a massive ad campaign to highlight the proposal's effect on hotels and businesses.
Brace for a recession in 2023 as job losses top 2 million, Citi says
Citi economists said in a report this week that they are expecting an economic recession in 2023 as a result of the Fed's interest rate hike campaign.
Housing turnover will drop to lowest rate since the 80s, economist projects
Redfin deputy chief economist Taylor Marr estimated that the number of households buying or selling real estate nest year will fall to the lowest level since the 80s.
What are the tax benefits of owning a home?
Discover all the tax benefits that come along with homeownership to minimize your taxable income as much as possible.
Fed to keep interest rates high all next year, making a recession very likely: Survey
High inflation will likely keep the Fed on track to continue raising interest rates well into 2023 as policymakers try to crush stubbornly high prices.
Sky-high mortgage rates are a ‘tremendous hit’ to affordability: Nick Timiraos
Nick Timiraos of the Wall Street Journal discusses the recent real estate phenomenon of companies that are purchasing single-family homes at a record pace across the country.
Carvana creditors criticize management, gird for a fight
Carvana's creditors include Apollo Global Management Inc., Pacific Investment Management Co. and Ares Management Corp., all veterans of restructuring fights.
Middle-class households use credit cards to fill income gap: survey
A growing number of middle-class households are turning to credit cards and taking on debt to make ends meet, a Primerica survey said.
Today’s best mortgage deal? 15-year rates are the lowest available at 5.75% | Dec. 9, 2022
Check out the mortgage rates for December 9, 2022, which are up from yesterday.
Millions of borrowers mistakenly told they were approved for student loan relief
Millions of borrowers received erroneous emails notifying them they were approved for Biden’s student loan forgiveness plan. Here’s what to do if you don’t qualify.
FTX founder Sam Bankman-Fried says he’s willing to testify before House committee
Former FTX CEO Sam Bankman-Fried tweeted early Friday morning that he does not have access to "much of his data," meaning potential testimony would be limited.
United States is short on bomb-sniffing dogs; relies on importing animals from overseas
Explosive detection dogs are a vital resource in national security. The issue is that with demand for them surging around the world, the U.S. is running on short supply.
Justin Bieber, Madonna, Adidas and more named in class action cryptocurrency lawsuit
Gwyneth Paltrow, The Weeknd and Steph Curry were also named in the class action lawsuit filed Thursday against blockchain start-up, Yuga Labs, Inc.
Former Wells Fargo execs ordered to pay $18.5M over fake accounts scandal
A judge recommends three ex-Wells Fargo executives pay a combined $18.5 million in fines over their alleged roles in the mega-bank's fake accounts scandal.
Holidays and inflation hit community care centers harder than ever
The current inflation rate is up nearly 8% from last year. Community care centers say they feel the pressure.
Ad-supported Disney+ subscription option rolls out in US
The Walt Disney Company on Thursday announced that the new ad-supported subscription option in the U.S. for its Disney+ streaming platform has now rolled out.
Nearly half of Americans expect to go into debt buying holiday gifts: survey
Nearly half of Americans expect to go into debt during the holidays this year. Here’s how to pay down your holiday debt quickly.
401(k) 'hardship' withdrawals surge to record high as inflation squeezes Americans
More Americans are using their 401(k) retirement plans to help cover financial hardships as consumers continue to confront persistently high inflation.
Kevin O’Leary explains how he went from calling crypto ‘garbage’ to the ‘murder’ of his money in FTX collapse
"Shark Tank" judge Kevin O’Leary revealed that he lost millions after FTX collapsed, even though he also claimed he would invest in Sam-Bankman Fried again.



















