After two years of interest rate hikes, inflation has seemingly been tamed, according to some experts. Year-over-year prices have receded to a rate of 2.9%, according to the latest consumer price index report, which measures the cost of everyday goods and services. This suggests that while prices for things like rent, groceries and services will … Read more
Aleksandarnakic | E+ | Getty Images A construction boom in the U.S. has resulted in lower rents and other benefits for renters. Record-construction activity since the pandemic has increased the supply of empty units, meaning more inventory is available for renters. More multi-family units were completed in June than in any month in nearly 50 … Read more
d3sign | Moment | Getty Images Inflation continued to retreat in July, aided by easing price pressures for consumer staples like food and energy and physical goods like new and used cars. The consumer price index, a key inflation gauge, rose 2.9% in July from a year ago, the U.S. Department of Labor reported Wednesday. … Read more
A Victorian man has found a life-changing gold nugget estimated to be worth about $100,000. Luke Phillips, who posts metal-detecting videos on his YouTube channel Dig It Detecting, found the almost 1kg nugget in the Goldfields region. Phillips said he had found a total of 0.6g of gold in small nuggets close to the surface … Read more
U.S. Vice President Kamala Harris and Republican presidential nominee and former U.S. President Donald Trump. Brendan Mcdermid | Elizabeth Frantz | Reuters Former President Donald Trump and Vice President Kamala Harris both want to end taxes on tips — and some policy experts have already criticized the idea. Harris expressed support for tax-free tips at a … Read more
By most accounts, the rollout of the new Free Application for Federal Student Aid, better known as FAFSA, was disastrous from the start. Even now, some college students don’t know the status of their aid awards for the fall. “The Department’s poor planning has led to a stunning failure: Some college students might not have … Read more
I dislike car dealers just as much as most Americans, but I’m also a big proponent of personal responsibility and financial literacy when buying a car. Blindly signing on the dotted line can get you into a life-changing situation. Take the ordeal one Ford Maverick owner is currently in. Detailed in a Reddit post to … Read more
The Republican vice presidential candidate, Sen. JD Vance, speaks at a campaign rally at NMC-Wollard Inc. / Wollard International in Eau Claire, Wisconsin, Aug. 7, 2024. Adam Bettcher | Getty Images Sen. JD Vance of Ohio, former President Donald Trump’s GOP running mate, wants to more than double the child tax credit. But the increase could be … Read more
NEW YORK — Unexpectedly high medical bills are common in the United States, but there are ways to get relief. According to the Consumer Financial Protection Bureau, one in five Americans are affected by outstanding medical debt, for a total cost of $88 billion. In a 2022 study, the bureau found that roughly 20% of … Read more
Brandi Schmitt and her family pose for a 2018 Christmas card in front of their Maryland home wearing protective gear, alluding to the water and mold damage in their home. Each year, Schmitt said they try to capture the family’s situation through their Christmas card. Courtesy: Brandi Schmitt When a nor’easter struck in 2018, intense … Read more
