Shrinking savings and rising debt leave consumers on shaky financial footing
Sort by
759 items
Filter
Items per page
-
Supreme Court: Consumer Financial Protection Bureau funding doesn't violate Constitution
The Supreme Court has ruled the Consumer Financial Protection Bureau's funding practices do not violate the Constitution. CBS News legal contributor Jessica Levinson breaks down the ruling.CBS News - Top stories -
Supreme Court rules Consumer Financial Protection Bureau funding structure is legal
The Supreme Court decision protects the CFPB from the potentially crippling risk that Republicans in Congress will block annual funding for the agency.CNBC - Business -
Federal Consumer Financial Watchdog Survives Supreme Court Scrutiny
Justice Clarence Thomas, writing for a 7-2 court, said that Congress has wide discretion in structuring the way federal agencies are funded.The Wall Street Journal - World -
Breaking down the Supreme Court's Consumer Financial Protection Bureau ruling
The Supreme Court rejected an effort Thursday to undermine the power of the Consumer Financial Protection Bureau. The agency was created after the 2008 financial crisis to protect consumers from unfair practices. CBS News legal contributor Jessica ...CBS News - Top stories -
The Supreme Court rejected a conservative-backed challenge that could have dismantled the Consumer Financial Protection Bureau.
The Supreme Court rejected a conservative-backed challenge that could have dismantled the Consumer Financial Protection Bureau.The Wall Street Journal - World -
Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments
Americans are increasingly falling behind on their credit card payments, recent reports show.CNBC - Business -
Financial Services Roundup: Market Talk
Read about Canada Mortgage and Housing Corp., Allianz, ABN Amro and more in the latest Market Talks covering Financial Services.The Wall Street Journal - World -
Your Money: Managing Your Debt
How to make a plan for tackling your debt, improving your credit score and feel like the money you owe isn’t controlling you.The New York Times - Top stories -
The WSJ Dollar Index Rises 0.2%
The WSJ Dollar Index was up 0.2% to 99.16 — snapping a three-trading-day losing streak.The Wall Street Journal - World -
Janet Yellen's Risky Debt-Management Business
Her overreliance on short-term borrowing sets taxpayers up for a painful economic reckoning.The Wall Street Journal - World -
Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
Comex Gold Settles Lower, Silver Rises
Gold settled 0.4% lower, snapping a two-session winning streak, and silver rose 0.5%, up for a third consecutive session.The Wall Street Journal - World -
-
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
-
-
Gen Z knows it has a debt problem — and it’s getting help
“Instead of suffering in silence or going purely self-help,” younger people in debt “are looking into their options and talking to people,” one expert said.MarketWatch - Business -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
-
As Teen Employee Numbers Rise, So Do Risks of Harassment on the Job
The throng of Gen Z youth new to the workplace face increased risks of sexual harassment at work--a crime officials and prosecutors are warning employers to address.Inc. - Business -
Oil prices rise as crude inventories fall and U.S. inflation eases
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.CNBC - Business -
Haiti's crisis rises to the forefront of elections in neighboring Dominican Republic
As soaring violence and political turmoil grip neighboring Haiti, the Dominican Republic will hold elections Sunday that have been defined by calls for more crackdowns on migrants and finishing a border wall dividing the countriesABC News - World -
Cannabis stocks rise as U.S. moves to reclassify pot as less dangerous
Cannabis companies including Cresco Labs, Trulieve and Ayr Wellness post solid gainsMarketWatch - Business -
Big rise in diseases linked to ageing and lifestyle increases healthcare burden
Findings on ‘metabolic risk factors’ reflect shift in biggest threats since start of 21st centuryFinancial Times - Business -
Lawmakers Fear A Wave of Election Threats Tied to the Rise of Generative AI
Some small businesses are stepping up to help protect ballot boxes and preserve faith in the electoral process.Inc. - Business -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Gold Futures Rise as Markets Digest U.S. Economic Data
Gold edged higher, holding ground after U.S. data releases lowered Treasury yields and the dollar, and increased expectations for earlier Fed rate cuts, Commonwealth Bank of Australia said.The Wall Street Journal - World -
A Milwaukee Couple Wants to Retire at 60. A Financial Adviser Gives Them a Road Map.
They also want to make sure they can help their parents when the time comes.The Wall Street Journal - World -
‘I stopped counting birthdays decades ago.’ This 65-year-old is financially independent and has no urge to retire.
Financial freedom allows him to focus on the pleasures of his job and hobbies.MarketWatch - Business -
Refinancing student debt is risky amid Biden forgiveness push. Borrowers 'forever lose access' to safety nets, advocates say
As protections and relief options for federal student loan borrowers grow, refinancing your debt may be a risky move, consumer advocates say.CNBC - Business - Joe Biden -
17-year-old got into 2 Ivy League schools—her financial aid package helped her decide where to go
Angelyn Ansah was surprised to earn admission into two Ivy League universities. One school's timely financial aid offer helped solidify her college decision.CNBC - Business -
MLB Power Rankings: The AL and NL Central are rising -- which teams are in our top 10?
While some of the usual players dominate our list, five of our top teams this week are from two unexpected divisions.ESPN - Sports - MLB -
The 5 best smartphones under $500: Ring in the savings
Discover the best smartphones you can purchase outright for $500 or less.CBS News - Top stories -
Tesla must climb ‘Mount Everest’ to win shareholder vote; Rishi Sunak and Akshata Murty rise up rich list – business live
Tesla’s chair discusses upcoming shareholder votes on relocating to Texas and Elon Musk’s $56bn pay deal. Rishi Sunak and Akshata Murty rise up rich list as fortune increases by £120mBritish asylum housing tycoon breaks into Sunday Times rich ...The Guardian - World -
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market's plumbing that roiled investors during the original meme-stock craze in 2021.
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market’s plumbing that roiled investors during the original meme-stock craze in 2021.The Wall Street Journal - World