Finance

In a recent interview, Federal Reserve Chair Jerome Powell affirmed the central bank’s commitment to a series of interest rate cuts this year. Powell’s statements, featured on “60 Minutes,” shed light on the Federal Reserve’s strategy amid a backdrop of a healthy economy and a slowing inflation rate. Federal Reserve’s Rate Cut Projection In December, […]

In 2024, a series of substantial state tax reforms will impact American taxpayers across the country. The changes, including gas and food tax adjustments and new tax credits, have significant implications for all Americans. Gas Tax Adjustments In Oregon, the state’s gas tax will increase to 40 cents per gallon, a move keeping it within […]

January 2024 witnessed a staggering 136% increase in job cuts compared to December, with U.S. companies announcing over 82,300 layoffs. Labor Market Lows Unemployment in the U.S. has reached historic lows, so why are so many corporations still cutting jobs? Almost Record-Breaking Layoffs This huge increase in layoffs is the second-largest total of job losses […]

More millennials and Gen Z-ers are opting to wait to leave the nest. Find out why they aren’t moving on as quickly as older generations. Study Finds Adults Staying With Family in High Numbers One recent study showed that an unusually high percentage of millennial and Generation Z adults are still living with family, and […]

One young student is questioning how his $50,000 salary job only leaves him with $10 to spend on personal items. Has the cost of living crisis gone too far? Video Sparks Financial Discourse A student’s revelation triggered a widespread conversation about the ongoing challenges associated with the cost of living crisis. Responding to Life’s Financial […]

2.7 million student loan borrowers across the country could be affected by Navient’s decision to transfer data to MOHELA, a company that has already been investigated and punished for a number of controversies. Navient’s Loan Switch Navient, a major private student loan servicer, has controversial plans to move its current loan data to MOHELA. Impact […]

Navigating the complicated American healthcare system is proving challenging for many patients. The complex processes from selecting insurance plans to deciphering medical bills is inadvertently causing patients to shoulder higher out-of-pocket costs. A Crisis of Confusion Patients are consistently finding themselves mired in confusion, as the complexities of insurance plans and medical billing procedures often […]

Fresh from his retirement, famed banking analyst Richard X. Bove has delivered a prediction that could throw a spanner into the works of the U.S. economy. Here are his full remarks. Bove’s Bold Prediction “The dollar is finished as the world’s reserve currency,” announced Bove in an exclusive interview with the New York Times.  The […]

A Pastor and his wife who fled the U.S. have been spotted in Zambia, due to creating a cryptocurrency scheme that made them $3.2 richer. They even used the money to remodel their house because “the lord told us to.” Escaping Justice in Denver Pastor Eligio Regalado from Denver, who has been charged with Civil […]

A new report from the U.S. Department of the Treasury (USDT) has painted an optimistic picture of the American economy, with the latest economic data suggesting reduced inflation, increased real wages, and low unemployment rates. As many households continue to feel the pinch, it appears individual financial experiences may not fully align with this positive […]