News
Auto insurance costs have soared 50% over 3 years
Very few categories of inflation have been worse than auto insurance rates
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'Soft landing' means top 1% gets record stock prices while you get stuck with inflation, analyst says
The top 1% own 54% of stocks; they’re getting richer while most Americans struggle with the inflation hangover
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Millennials own less than half the real estate wealth of boomers—can they catch up?
The ripple effects of the Fed’s policy that locked Millennials and Gen Z out of the housing market
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Real-time student debt tracker
Auto loans could pose a bigger threat to young Americans than student loans
For the first time, the outstanding volume of auto loan debt just surpassed student loan debt
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Bank of America customer? Your credit card details might have been leaked
Cybercriminals can use this information to open unauthorized credit accounts, make illegal purchases, and even obtain loans.
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U.S. workers are still landing remote jobs using a clever trick
American employers are implementing return-to-office policies, but workers can get around them by landing remote jobs overseas
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New homeowners are bleeding money on their homes
From Manhattan to Memphis, recent homeowners are losing hundreds of dollars a day as higher rates sting
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“Rate cuts are already being felt” as mortgage demand rises from the ashes, but there’s a catch
The Fed’s first rate cut in nine months sent mortgage demand and refinancing soaring, but affordability remains pressured by high prices and limited supply
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America’s largest retailer sounds alarm on consumer spending
Walmart, America’s largest retailer by total sales, expressed a somber concern in its third-quarter earnings report: Consumer spending is weakening....
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“I have not seen a meeting with so much contradictions” — Fed’s rate cut sparks confusion and political tension
The Fed’s first rate cut in nine months comes amid mixed signals: job losses, sticky inflation, record stocks, and rising political pressure
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A record percentage of Americans believe now is a bad time to buy a home
Plunging mortgage rates haven’t been enough to fix Americans’ perceptions about the housing market
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The remote work bubble has popped
The flexibility of remote work is slipping away for many Americans, but the fight is far from over
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Millennials may be the real winners of baby boomers’ pandemic wealth accumulation
Millennials are at the bottom of the real estate totem pole, but that could change soon as boomers are expected to pass down trillions of dollars over the next decade
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Can Americans withstand the 'quadruple shock' in store for this fall?
Autumn is the season of change, and big changes could be in store for Americans in the coming months—none of them particularly appealing.
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Boomers are racking up student debt at a pace never seen in decades
Baby boomers hold some of the highest student loan balances in the country—but it’s not what it appears
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Americans are approaching their credit card limits ahead of holidays
Lower-income households have used 80-90% of their available credit
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Young and house-less: How Millennials and Gen Z missed the low-rate bandwagon
America’s younger generations may have missed their prime opportunity to own real estate. With mortgage payments up more than 50%...
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U.S. recession may have started nearly one year ago, says former Fed adviser
Danielle DiMartino Booth warns that the economy has all the makings of a recession that started a long time ago
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JPMorgan: 99% of Americans will be less wealthy and have less purchasing power than before Covid
Depleted savings, persistent inflation, and higher borrowing costs will make Americans worse off than before the pandemic by mid-2024
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