Consumer Finances
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Using debt to finance government spending is not a free lunch
Government debt can be a valuable tool — but it has consequences.MarketWatch - Business -
FirstFT: Israel begins to clear southern Gazan city of Rafah
Also in today’s newsletter, Panama on course to elect a conservative and how public ownership changed Goldman SachsFinancial Times - World - Israel -
Senate Finance Committee introduces legislation aimed at fixing drug shortages
The Senate Finance Committee on Friday introduced bipartisan legislation aimed at preventing and reducing generic drug shortages by leveraging Medicare and Medicaid programs. The draft legislation proposes the creation of a "Medicare Drug Shortage ...The Hill - Politics -
Credit cards are the ‘financing of last resort’ for older adults as inflation persists
As inflationary pressures leave older adults with little wiggle room to pay for everyday items and cover emergency costs, credit cards have become the financing method of last resort. As a result, balances have jumped since last year.MarketWatch - Business -
How Entrepreneurs Can Prioritize Personal Finance While Growing the Business
Follow these principles to grow your net worth while building your company.Inc. - Business -
Russian finance flows slump after US targets Putin’s war machine
Washington’s crackdown shows its leverage over global banking systemFinancial Times - Business - Russia -
Japan's finance minister says yen intervention may be necessary when there are 'excessive' moves
Japanese Finance Minister Shunichi Suzuki on Friday backed currency interventions by his country's policymakers if the yen moved in sharp directions.CNBC - Business -
Dave Ramsey: It’s a great time to buy a house. Experts: Not exactly.
For the last several months, personal-finance guru Dave Ramsey has been telling aspiring homeowners that it’s a great time to buy a house — even though monthly housing costs are at a record high.MarketWatch - Business -
News Consumers Don't Trust the News
Survey respondents send a warning to the press corps.The Wall Street Journal - World -
A Handful of Plunging Stocks Suggests the Consumer Is Not All Right
Investors sold off Starbucks, DoorDash, and Netflix after weak earnings.Inc. - Business -
‘He’s holding all the cards’: My mother, 86, has dementia. Her partner of 30 years is on the deed to her home. How can I gain control of her finances?
“I asked to be put on the deed to my mother’s home and I was met with a swift ‘no’ from her partner. He said that since he had paid off the mortgage, the house is his.”MarketWatch - Business -
Patagonia’s Documentary Wants Consumers to Think About Buying Less
Tactics to convince people to buy less aren’t working. A quirky new documentary by Patagonia takes a different approach.The New York Times - Lifestyle -
Consumers Fed Up With Food Costs Are Ditching Big Brands
After years of price increases, food companies say more consumers pull back. Fast-food chains and snack makers plan new deals and flavors.The Wall Street Journal - World - Federal Reserve