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News
Recession-Proofing Moves for Middle-Class
2+ day, 11+ hour ago (583+ words) With some experts placing the odds of a U.S. recession in the next year as high as 40%, it may be time to plan ahead — no matter what level of income you’re at. For millions of middle-income households, that means taking steps…...
Treasury’s $6B Buyback: Inflation and Your Money
2+ day, 17+ hour ago (591+ words) On Sept. 10 the U.S. Treasury will buy back $6 billion in government debt, according to CNBC. That is triple the normal number of buybacks the government does and is significantly higher than the Aug. 19 estimate from U.S. Treasury Secretary Scott Bessent who told…...
States Where Mortgage Debt Hits an Average Household Hardest
2+ day, 23+ hour ago (256+ words) Think your mortgage is bad? There are 17 U.S. states where the mortgage debt per household is more than $100,000, according to a new MoneyLion study. Additional key findings reveal there are 29 states, or more than half of America, where mortgage debt has…...
3 Americans Share Takes on Living in Today's Economy
4+ day, 18+ hour ago (693+ words) MoneyLion talked with three Americans to find out what's really happening. Their stories reveal what the headlines miss. Try This: 7 Low-Risk Accounts Proven to Grow Your Money Up to 13x Faster At 50, Fatimah had been excited to be offered a full-time…...
More Americans Are Taking Second Jobs After Getting Raises
4+ day, 20+ hour ago (664+ words) Getting a raise should make it easier to get ahead, but for many Americans, higher pay is colliding with higher costs for necessities like housing, groceries, insurance and transportation, leaving little extra in the monthly budget. That squeeze helps explain…...
Are High Interest Rates Good for Retirees? ChatGPT Weighs In
6+ day, 15+ hour ago (444+ words) For years, retirees were quietly punished by near-zero interest rates. Savings accounts paid almost nothing, bonds yielded very little and anyone who wanted income without taking significant stock market risk was essentially out of luck. Now that rates have moved…...
Things Smart Middle-Class Workers Cut During a Recession
6+ day, 19+ hour ago (677+ words) If you’re concerned about your finances or what could happen during a possible economic downturn, it’s essential that you start cutting back now to prepare yourself. According to a recent Allianz Life study, 67% of Americans are more worried about running…...
4 Collectibles That Survive Inflation the Best
1+ week, 19+ hour ago (535+ words) When inflation hits a family budget, it can be tempting to start looking for easy ways to bring in money. Collectibles tend to be one source families look at for possible income when times are tough, especially if those pieces…...