Finance

If you’re a resident of California, you may be in for a surprise the next time you open your utility bills after some recent changes were made to the billing structure.  Energy Bills on the Rise With energy bills on the rise and people struggling across the nation, you may be holding out hope for … Read more

The financial burden of student loans has become an inescapable reality for many millennials. Are you one of the millions struggling to balance life aspirations with mounting debt? #1. Skyrocketing Tuition Costs Since the early 2000s, the cost of college education in the U.S. has risen dramatically, far outpacing inflation. Millennials often find themselves saddled … Read more

Good news for Floridians this week as Governor Ron DeSantis has passed through a new bill containing a slew of tax relief measures for families across the state, worth over $1 billion. Let’s take a look at what’s changing. DeSantis’s Tax Relief Initiatives This week, DeSantis signed House Bill 7073, which will see a series … Read more

Starbucks’ Former leader has offered some sage words of wisdom to his former company after the coffee giant reported its first drop in quarterly revenue in recent years.  Disappointing First Quarter Starbucks has had to face up to a disappointing earnings call after the company’s quarterly report was released this week. Now, a former leader … Read more

One long-time staple of American mall retailers has closed its doors this week, officially filing for bankruptcy. More Retailers Shut Their Doors Another one bites the dust, as teen clothing retailer rue21 joins a growing list of US retailers that are shuttering stores and filing for bankruptcy. Chapter 11 Filed The Pittsburgh-based specialty retailer filed … Read more

Despite falling sales in most countries in the first quarter of 2024, the world’s largest smartphone designer and manufacturer has maintained a positive outlook for the coming year. On the Decline? Some believe the world’s favorite smartphone manufacturer may be sitting on a shaky pedestal, as tech giant Apple revealed a significant drop in sales … Read more

According to the latest AARP Financial Security Trends Survey, more young Americans are feeling optimistic about the future of their finances. Unfortunately, it’s not all plain sailing – as the older generation’s worries are piling up. Financial Outlook for Americans New survey results from AARP are painting a unique picture of American society. Rising Optimism … Read more

A federal program that subsidizes internet bills for low-income households is now on the chopping block, dealing a financial blow to millions. End of the ACP The Affordable Connectivity Program (ACP) is a federal benefit program instated in 2021 that has been providing low-cost internet for low-income households for the last 3 years. Running Out … Read more

An unusual printing error has driven up the value of specific $1 bills, with some pairs selling for up to $150,000. Here’s how to know if you’ve got some on your hands. Watch Your Wallet Next time you take out your wallet, you might want to check what’s inside! Millions of $1 bills are now … Read more

If you live in New York, you could be in with a chance for a big windfall – provided you meet the necessary criteria. STAR Stimulus Check Tax season is over, and that means the benefits are beginning to roll in for those who are eligible. Residents of the Big Apple might be seeing an … Read more

Wealth inequality is breaking all records this year, according to newly released data from nonprofit Americans for Tax Fairness. Let’s take a look at what they found out. Billionaires’ Wealth Surge It may come as no surprise to many of you, but wealth inequality is getting out of hand. According to a new report by … Read more

It’s looking to be a good week for Alphabet, as Google’s parent company soars in value on the stock market due to recent announcements for investors. Dividends and Buybacks Alphabet Inc., the parent company of tech behemoth Google, announced on Thursday that it will be issuing its first-ever dividend to investors, as well as authorizing … Read more

Minnesota‘s most populous city has made the controversial move to raise minimum cigarette prices, making prices the highest in the U.S. A Unanimous Vote In a bid to improve public health, the Minneapolis City Council voted unanimously for an ordinance that will raise the minimum retail prices for cigarettes. The Highest in the Nation It’s … Read more

Newly released data from the Federal Trade Commission (FTC) shows that scams are a big problem in the U.S. According to the FTC, Americans lost a massive $10 billion to fraud last year, up more than 14% on 2022. Let’s take a look at their findings and see which states are the most scammed. Advanced … Read more

The world of billionaires is volatile and subject to rapid changes in fortune. From market crashes to poor investments and changing business landscapes, various factors can cause even the wealthiest individuals to lose their billionaire status. What leads to such dramatic financial reversals, and how do these former billionaires cope with their new realities? #1. … Read more

Financial analyst Gary Shilling had some tough words for people across the nation this week, with a dire warning about America’s tardy economy.  Expert’s Warning Despite the Biden administration repeatedly touting the strength of the economy, one expert strongly disagrees – Gary Shilling. Gary Shilling Predicts Recession Ahead In an interview with Newsweek, Shilling claimed … Read more

Another high-profile financial figure has stepped forward to warn about the potential impacts of the US trillion-dollar national debt. Cooperman Speaks Out The US is being nudged ever closer to a financial crisis as a result of trillion-dollar debt, according to billionaire investor Leon Cooperman. Interview With CNBC In an interview with CNBC on Tuesday, … Read more