Today is Teacher Appreciation Day, so be sure to thank those who do their best to prepare your children for their futures, or perhaps contact a former favorite teacher of yours and let them know how much they meant to you. That sounds nice, right? OK, now here’s our Tuesday roundup of financial stories you need to know.
By Gary Dudak
The Big Lead: JOLTS Report
Both the number of job openings and the number of Americans who quit their jobs were at record highs in March, according to the Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) report. The report showed that the number of job openings was at a series high of 11.5 million for the month.
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More From Your Money: Choose a high-interest saving, checking, CD, or investing account from our list of top banks to start saving today.
Business Spotlight: Kohl’s
If you shop at Kohl’s, here’s some good news: The retailer on Monday announced that members of its rewards program will earn an elevated rate of 7.5% Kohl’s Rewards on every purchase they make with a Kohl’s credit card.
Well That’s Concerning: Former Fed Official Says Recession Likely
A former high-ranking official at the Federal Reserve said the likelihood of a recession in the United States is “very, very high,” though it might be a mild one that doesn’t hit until 2023.
Bonus: Prone to Impulse Spending? Try the 30-Day Savings Rule
To wean yourself off of impulse spending (and put your money to better use), follow the 30-day savings rule. It basically boils down to this: The next time you consider making an impulse purchase or buying something you don’t need, stop yourself and think it over for 30 days.
ICYMI: Yesterday’s GO in the Know
- 10 Best Cash Advance Apps That Cover You Until PaydayWhat Happens to Social Security When You Die?The 10 Best Balance Transfer Credit Cards for 2023Experts: 4 Safest Places To Keep Your Savings
