News
January mortgage outlook: New year, same rates
5+ hour, 14+ min ago (402+ words) Mortgage rates could fall in January, but they're more likely to hold steady. While daily ups and downs are a given, a major shift this month feels like a long shot. The uncertainty around 2025's last few Fed meetings made…...
The many misconceptions about interest rates: Jim Kleinfelter
2+ day, 15+ hour ago (267+ words) While low interest rates can certainly spur the economy, there are downsides. And uncertainty can cause economic headwinds as much, if not more, than interest rates. We certainly had uncertainty in 2025 with tariffs, trade wars, and labor supply disruptions. In…...
6 fast ways to simplify your finances in 2026
1+ week, 1+ day ago (793+ words) Managing money doesn't have to be complicated or time consuming. Still, about a third of Americans (32%) feel anxious about their finances going into 2026, according to a new NerdWallet survey. You got this. If you focus on the little things and…...
Ohio minimum wage rising to $11 on Jan. 1: What workers need to know
1+ week, 5+ day ago (289+ words) COLUMBUS, Ohio -- Minimum wage workers across Ohio will see a bump in their paychecks on Jan. 1, when the state's minimum wage will increase to $11 per hour for non-tipped employees and $5.50 per hour for tipped workers. The change represents a 2.8% increase…...
Why the penny no longer makes cents: Justice B. Hill
3+ week, 3+ day ago (589+ words) CLEVELAND, Ohio " A penny for your thoughts? Well, not anymore. The cost of thoughts has risen. On November 12, the U.S. Mint in Philadelphia ensured that when it struck the last penny it'll ever mint. The Mint ended 232 years of history for…...
US gained 64,000 jobs in November but lost 105,000 in October; unemployment rate at 4.6%
3+ week, 5+ day ago (864+ words) The unemployment rate rose to 4.6% last month, highest since 2021. The November job gains were higher than the 40,000 economists had forecast. The October job losses were caused by a 162,000 drop in federal workers, many of whom resigned at the end of…...
I’m deep in the wealth accumulation stage. Here’s what it really feels like: Money Talks
4+ week, 1+ day ago (577+ words) Somewhere along the way, we crossed a line. I can't quite say when, but we're fully in the wealth accumulation stage. I'd like to say it's exciting, but mostly it's" meh. This is the point of the journey where we…...
Poll: This holiday season isn’t very merry for consumers
4+ week, 2+ day ago (678+ words) Roughly half of Americans say it's harder than usual to afford the things they want to give as holiday gifts, and similar numbers are delaying big purchases or cutting back on nonessential purchases more than they would normally. The president…...
A penny for these thoughts might be overpaying: Ted Diadiun
1+ mon, 4+ day ago (791+ words) Long, long ago, when I was a lad, I recall asking my father why so many things cost 99 cents. Or $1.99. Or $4.99. Why didn't the stores just charge a buck, or two, or five, and make it easier on everyone? He…...
Thanksgiving dinner costs easing, but some staples still bite into budgets
1+ mon, 2+ week ago (378+ words) The cost of preparing a traditional Thanksgiving feast has dropped for the third consecutive year, according to the American Farm Bureau Federation's (AFBF) annual survey. The average price for a holiday meal serving 10 people is $55.18, or about $5.52 per person, down…...