The latest government inflation data indicates a slowdown in the rate of price increases for food items. Despite this, the majority of American consumers still feel the burden of high grocery prices. Over the past few years, 80% of Americans have noticed a significant increase in the cost of groceries. According to a report by
Steps
The Federal Reserve recently announced that interest rates will remain unchanged with only one possible cut expected before the end of the year. This decision implies that individuals carrying balances on their credit cards will not be seeing much relief from the prevailing sky-high interest charges. According to Matt Schulz, chief credit analyst at LendingTree,
As the effects of climate change continue to become more apparent, coastal real estate is facing unprecedented challenges. From California to New York, coastal properties are experiencing heightened risks of flooding and erosion. The recent hurricane season has already begun, with above-normal activity predicted, leading to concerns about the future of coastal real estate. The
GameStop’s highly anticipated annual shareholder meeting took a turn for the worse on Thursday as technical difficulties plagued the event. The servers hosting the meeting crashed due to overwhelming interest in the stream, causing frustration among attendees who were unable to access the event. The meeting, which was scheduled to begin at 11 a.m. ET,
The U.S. economy seems to have segmented consumers into categories of individuals with abundant financial resources and those without, including retirees. As Cerulli Associates’ senior analyst Chayce Horton pointed out, there is evidence of a significant wealth transfer occurring between generations. This transfer is estimated to be around $84 trillion by Cerulli and is expected
The Covid-19 pandemic not only exposed the vulnerabilities in the American economy but also highlighted the resilience within certain sectors. Child care, in particular, took center stage as daycares closed, schools shifted to remote learning, and parents struggled to balance work and childcare responsibilities. While employment in the child care sector has slowly recovered post-pandemic,
Generation X, often referred to as the sandwich generation, faces the daunting task of balancing financial responsibilities for both their adult children and aging parents while also striving to secure their own future retirement. This cohort is known for being resilient, having grown up as latchkey kids in households where both parents worked. Despite experiencing
Walmart is making headlines once again by introducing new training programs and certifications for its employees. The retail giant aims to fill high-demand roles in areas such as HVAC technicians, opticians, and software engineers. This move comes as Walmart continues to invest in its stores and workforce to remain a top competitor in the retail
In a recent viral TikTok video, content creator Megan Boni humorously sang about her search for a man in finance with specific physical attributes. The video garnered millions of views, sparking discussions about the allure of dating financially successful men. While the lyrics were meant to be satirical, they highlighted a common trend of women
Kelly Harry discovered she was underpaid early in her career when she realized her colleague was making significantly more money than her. This realization led to Harry researching the market and the value of her skills to determine the discrepancy in pay. The issue of underpayment is not uncommon in the workplace, with a significant