News
Weighed down by lingering holiday debt? Use our pay-off calculator to make a plan
1+ mon, 2+ week ago (404+ words) Helpful tips and tools to tackle debt faster The holiday season is a wrap, but your credit card bills may still be lingering. If you're still feeling the pinch from last year's holiday spending, you're not alone. Acting sooner rather…...
March jobs report shows strong growth despite Iran War
1+ week, 13+ hour ago (221+ words) The Bureau of Labor Statistics reported 178, 000 new jobs added last month, nearly triple expectations, even in the face of the Iran War. The unemployment rate dipped by 0. 1%, settling at 4. 3%. Zachary Griffiths, head of U. S. investment grade and macro strategy at Credit…...
Inflation remains elevated as affordability concerns grow
3+ mon, 1+ day ago (172+ words) Inflation continues to rise, with prices increasing by 0. 3% in December and 2. 7% over the past year, affecting everyday expenses like food and rent. Inflation remained elevated in December, with prices rising by 0. 3% last month and 2. 7% since last year, according to government…...
What is the Iran War costing us? A local professor weighs in
1+ mon, 1+ day ago (215+ words) The cost of the Iran War is being felt here in the United States at the gas pumps. AAA said a gallon of regular gas is now $3. 59 nationally, a 62-cent jump in less than two weeks. It's not just motorists…...
Stocks drop nearly 800 points after oil spikes to its highest price since the summer of 2024
1+ mon, 1+ week ago (770+ words) Stocks sank on Wall Street Thursday after the price of oil spiked to its highest level since the summer of 2024 because of the war with Iran. The S&P 500 fell 0. 6% and erased what had been a small gain for the…...
How the Iran conflict could affect your wallet
1+ mon, 1+ week ago (291+ words) Rising oil prices may mean higher costs and inflation pressure. Americans are already beginning to feel the financial impact of military action in Iran " starting with higher prices at the gas pump. But higher oil prices don't stop there. When…...
Federal deficits and debt to worsen over next decade, CBO projects
2+ mon, 2+ day ago (480+ words) The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, and debt service payments. Compared with the CBO's analysis this time last year, the fiscal…...
Despite Fed rate cuts, mortgage rates could still rise. Here's why
3+ mon, 2+ week ago (541+ words) The Federal Reserve cut interest rates by 25 basis points at its final meeting of 2025, but the 30-year fixed-rate mortgage remained high at 6. 22%. The Federal Reserve cut interest rates by 25 basis points at its final meeting of 2025, but an expert says…...
'The most important day': Business owners relish Small Business Saturday
4+ mon, 2+ week ago (194+ words) Fifteen years after the start of Small Business Saturday, the holiday sales event focused on shopping locally is no longer so small. It was estimated that $17 billion would be spent at small businesses nationwide. "As a small business owner, it's…...
Federal Reserve holds interest rates steady amid political scrutiny
2+ mon, 2+ week ago (343+ words) The Federal Reserve kept rates unchanged amid political pressure and criticism from Trump. The Federal Reserve has decided to keep interest rates unchanged, maintaining current borrowing costs for Americans despite sustained political pressure on the central bank. Federal Reserve Chairman…...