Latest in Frightening Financial
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Inflation is down — but the middle class is still feeling financial pressure. Here's why
Economists say there's a strong role for policy in affecting the prices of essential goods for American families.Business - CNBC - Yesterday -
How Much You Should Support Your Adult Children Financially, According to a Harvard Happiness Researcher
Want your kids to be happy, self-sufficient adults? Then follow this rule of thumb on when to support them financially.Business - Inc. - October 16 -
Why It Matters That JD Vance's Financial Adviser Posted About Drug Use on Reddit for Years
Aaron Kofsky isn’t just a random staffer; he is JD Vance’s financial policy adviser during an election cycle that cares about crypto.Tech - Wired - October 17 -
Op-ed: The financial toxicity of cancer is growing. Here's what can be done to reduce it
For the first time in history, more than two million Americans will receive a new cancer diagnosis in 2024, and that is creating significant financial hardship.Business - CNBC - October 18 -
As nervous investors worry about the presidential election, public debt is a top concern financial advisors say
The impacts of outstanding U.S. debt could have long-lasting implications beyond the November election, according to new research.Business - CNBC - October 18 -
Israel says it will target Hezbollah's financial arm and announces imminent strikes in Beirut and elsewhere
Israel says it will target Hezbollah's financial arm and announces imminent strikes in Beirut and elsewhereWorld - ABC News - October 20 -
US rolls out ‘open banking’ rules to make sharing financial data easier
Agency finalises regulations aimed at increasing competition and helping consumers link bank accounts to appsBusiness - Financial Times - October 22 -
Starbucks’ latest financials sink shares, as CEO says it’s ‘harder to be a customer than it should be’
Shares of Starbucks fell on Tuesday after the coffee chain offered fresh signs of its struggle to bring back consumers, saying its turnaround efforts “will take time” as its new chief executive ...Business - MarketWatch - October 23 -
More students are eligible for college aid, but fewer high schoolers enroll — 'there's still work to do,' official says
Although more students are eligible for federal aid this year, rising college costs and ballooning student debt balances are still major concerns.Business - CNBC - October 23 -
How to rethink cash as the Fed cuts interest rates, according to top financial advisors
The U.S. Federal Reserve cut interest rates in September, and more cuts are expected at least into 2025. Earnings on cash are expected to fall as well.Business - CNBC - 6 days ago -
Student-loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives
Student-loan borrowers struggling financially may have a path toward debt relief if the Biden administration gets its way.Business - MarketWatch - 5 days ago -
Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin
The Biden administration introduced a proposal to deliver student loan forgiveness to millions of people experiencing devastating financial hardship.Business - CNBC - 5 days ago -
These are the swing states where groceries and housing cost the most: ‘People are still stuck with sticker shock.’
MarketWatch looked at affordability challenges for swing-state voters. Here’s what we found.Business - MarketWatch - 23 hours ago -
Year-end Roth IRA conversions are popular — but don't wait too long, financial experts say
If you're weighing a year-end Roth IRA conversion, waiting too long could be risky, financial experts say. Here's what investors need to know.Business - CNBC - 19 hours ago -
‘I don’t trust my financial guy.’ I’m 67 and trying to live on $2.2K-a-month Social Security. I have $500K with an adviser, who charges 2%, but last year the return was 26%. What’s my move?
We spotted a lot of too-common red flags.Business - MarketWatch - 21 hours ago