For the better part of a year, it has been public knowledge that the Federal Reserve would hike interest rates throughout 2022 to counter rising inflation. The predictable results are here — it costs more to borrow money and homebuyers are scaling back or dropping out. By Andrew Lisa Find Out: In Less Than a Decade, You Won’t Be Able To Afford a Home in These CitiesCheck Out: The Best Cities To Retire on $2,000 a Month...
Salary is the No. 1 factor workers use to determine which jobs to apply for, a recent CareerBuilder survey found. Yet despite the fact that 54% of workers said they use salary to determine whether or not to apply for a job, many job postings do not include salary information. And those that do sometimes use false numbers to lure in candidates — but this can backfire. The survey found that the top deal-breaker when interviewing for a job is learning the starting salary is lower than what is posted on the job description, with 48% citing this as a deal-breaker....
While many businesses across the U.S. have moved to a cashless payment system, almost all will accept a credit card swipe or tap. But this isn’t the case everywhere. By Gabrielle Olya See Our List: 100 Most Influential Money ExpertsRead More: How To Get Free Gift Cards From Your Everyday PurchasesTake Our Poll: What’s the First Thing You Would Do If You Won a Big Lottery Jackpot? “As travelers venture abroad, they may be surprised to find that people outside the U....
Anyone who has been through the homebuying process — or who’s gearing up to go through it — knows it can be stressful. And one of the most stressful aspects of it is the finances. After all, your home is likely the biggest purchase you will ever make in your life, so it’s no wonder that most Americans (81%) ranked buying a home as their biggest financial burden, above saving for retirement (77%) and saving for a child’s education (46%), according to a recent study conducted by Opendoor....
A battle is brewing between lawmakers and banking lobbyists over scams involving Zelle, the popular payment platform used by tens of millions of consumers and thousands of financial institutions. How it plays out could impact the way fraud victims are reimbursed by banks. By Vance Cariaga Zelle Facebook Marketplace Scam: How To Recognize and Avoid This ScamFind: Daily and Monthly Zelle Limits at Top Banks On one side is U.S. Sen....
For a credit card with no annual fees, the Capital One VentureOne Rewards credit card offers pretty substantial rewards. By Daniela Rivera-Herrera About VentureOne Who It’s For Features Competitors Travel 5.0 Rewards 4.9 Pros Offers miles for travel No airline or hotel limitations $0 annual fee No foreign transaction fees Offers 1.25 miles per dollar spent Offers Capital One’s travel benefits and protections Offers introductory APR for a limited time Cons Rewards can only be redeemed within a limited time frame High APR for balance transfers Mediocre travel rewards when compared with other cards Learn more about the...
Federal bank regulatory agencies — including the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency — issued a statement on Nov. 23 which summarized their interagency “policy sprints” focused on crypto-assets, as well as provided a roadmap of future work related to crypto-assets. By Yaёl Bizouati-Kennedy Find: 8 Best Cryptocurrencies To Invest In for 2021 Explore: Cryptocurrency Predictions for 2022...
Depending on where you live and bank, finding an in-network ATM for making a fee-free cash withdrawal isn’t always convenient. However, if you’re out shopping, some stores allow you to get cash back with a debit card purchase — but they may charge a fee for the service. Knowing which merchants allow cash back for free is helpful if you often find yourself in search of a fee-free ATM. By Andrea Norris Dollar General Cash Back Other Cash Back Options Cash Back at Other Stores Read: 3 Ways Smart People Save Money When Filing Their Taxes...
The Inflation Reduction Act that passed last month offers thousands of dollars in tax credits to Americans who buy electric vehicles or make clean energy upgrades to their homes. However, parsing through the different rules and changes is a major challenge, especially for EVs — so much so that the Biden administration launched a website just to help people navigate it all. By Vance Cariaga See: How Much Cash To Have Stashed at Home at All TimesFind: Everything’s Bigger in Texas — Including Taxes, Which Are Outpacing California...
A group of senators is urging the Department of Education to implement reforms to student loans ahead of Secretary Miguel Cardona’s upcoming higher education rulemaking. The group asked for the rulemaking committee panel to reflect borrowers’ voices and interests and encouraged the department to implement the rules early to provide swift relief. By Yaёl Bizouati-Kennedy See: Senators Warn of ‘Extraordinary Financial Hardship’ If Student Loans ResumeFind: A Look at Americans’ Student Loan Debt by State...
The housing market has been complicated to navigate since the pandemic. And now, with a four-decade high inflation and rising mortgage rates, some states will fare better in terms of stability once everything cools down a bit, according to a new CNBC study. By Yaёl Bizouati-Kennedy See: Real Estate Experts Share How Much They Would Pay for a Home in Today’s MarketFind: 5 Affordable Ways To Make Over Every Room in Your House...
On Jan. 19, the Biden administration officially launched its website, COVIDTests.gov, which allows every U.S. home to order four free at-home COVID-19 tests. According to the site, orders usually ship within seven to 12 days, which means if you’re in need of an at-home test right now, these won’t do, but they’re good to order for later use. By Cynthia Measom COVID-19 tests can be expensive — many retail for around $10-$12 per test....
The pandemic forced most of us to adopt new habits in everything from how we shop to how we consume entertainment, exercise, eat out and so much more. Some of the habits we picked up might have seemed to bring about “extra” expenses at first, but when cast in a different light — particularly looking at what we were paying for those services before — you might realize that your pandemic habits have actually led to you saving a lot more money than you thought....
If you’ve ever downloaded a new app or sprung for an in-app purchase only to find that it isn’t exactly what you expected or wasn’t worth the money, the return process isn’t as easy as taking a physical item back to a store. Still, you’ve got options for getting your money back. If you made your purchase through the Google Play Store, you can get a refund by acting quickly after the purchase....
When you buy a share of a company’s stock, you technically own a small piece of that company. While you used to need an account with a brokerage firm to buy and sell shares of stock, mobile payment giant Cash App lets users do so via its app. If you’ve bought stock on Cash App or received a share as a gift that you’re ready to sell, read on to learn how to sell stock on Cash App....
Weekly unemployment claims for the week ending Dec. 4, decreased 43,000 to 184,000. The Department of Labor states that this is the lowest level for initial claims since Sept. 6, 1969. Fifty-two years ago, claims were reported to be 182,000. By Georgina Tzanetos See: Great Resignation Not Over: 4.2 Million Americans Quit their Jobs in October Find: 25 Hot Jobs That Pay More Than $100,000 a Year The four-week moving average, a better overall measure of volatility, came in with a decrease of 21, 250 to 218,750....
If you’re concerned about student loan debt, your best bet may be to pursue a degree in finance to become an investment banker on Wall Street. New college grads are demanding starting salaries of $100,000+ plus bonuses, an amount that is roughly five times more than the medium wage for college graduates entering other fields, according to Bloomberg. By Dawn Allcot See: What Effect Could Rookie Investors, ‘Meme Stocks,’ Robinhood and More Have On The Market?...
Of 14 major cities reporting October data, consumer prices have climbed 5.4% in the Los Angeles area, according to Labor Department data. By Yaёl Bizouati-Kennedy POLL: Rising Inflation and Personal Spending Woes Continue — Have You Been Affected?Learn: The Labor Shortage May Not Be Because of Unwilling Workers — Here’s Why The consumer price index surged 6.2% from a year ago in October, the most since December 1990, according to Labor Department data released November 10....
One of the key themes of the 2022 U.S. housing market is that a lot of people want to buy a new home and a lot want to sell, but it’s becoming increasingly difficult to do either because of record-high home prices, rising mortgage rates and increased competition. By Vance Cariaga See: 10 Kitchen Renovations That Will Hurt Your Home’s ValueFind: 9 Bills You Should Never Put on Autopay A new Realtor....
Many parents have come to count on an extra $250 or more mid-month, as the IRS issues Child Tax Credit advances on the 15th of each month through December 2021. But in September — and again this month — some parents noticed their CTC payments were short. The amounts deposited in taxpayers’ bank accounts are seemingly random, according to many parents on Twitter. By Dawn Allcot See: Stimulus Update: Haven’t Received a Child Tax Credit Payment?...
