The cost to keep a roof over your family’s head has increased at the fastest pace in decades, putting serious pressure on Americans’ wallets. The shelter component of the Consumer Price Index increased 0.5% between February and March, in line …
This gives a whole new meaning to the idea of washing money. A New York City man has been charged with allegedly running a network of illegal bitcoin ATMs in laundromats aimed at customers involved in criminal activities looking to …
The level of profit that large corporations experienced in 2021 was unparalleled in American history, as consumers faced the worst price inflation the U.S. has seen in decades Even as top executives warn about the effects of inflation on their …
I have not seen anyone address student-loan debt for people over 70 years of age. I am a 74-year-old retired speech-language pathologist with a student-loan debt of $200,000. I’m on a fixed income, and the weight of this debt is crushing …
Fintech companies like Rocket Mortgage RKT, +0.89% and loanDepot Inc. LDI, +1.93% have become powerhouses in the U.S. mortgage market in recent years, deploying user-friendly technology to entice younger homebuyers to borrow with them rather than traditional banks. These tech-first …
The nation’s top consumer regulator announced Tuesday that is filing a lawsuit against consumer credit reporting company TransUnion and one of its top executives for violating a 2017 law enforcement order that blocked the company from engaging in deceptive marketing …
Dear Moneyist, I went to brunch last weekend and, when the server handed us the bill, she said a 20% service fee was added to cover her benefits and health insurance, but that it was not a tip. I am …
President Joe Biden extended the lifeline the federal government has provided to most student-loan borrowers during the pandemic. But that doesn’t mean these borrowers are feeling any more assured of their financial health. The ongoing pause for federal student-loan repayments …
Societe Generale SA said Monday that it will cease its banking and insurance activities in Russia, including selling Rosbank, as it exits the country after its invasion of Ukraine. The French bank said it would divest its entire stake in …
Elon Musk is trying to shake up Twitter Inc. by using his favorite tool: Twitter. Musk, Twitter’s TWTR, -3.75% newest board member and largest shareholder, used the social-media platform on Saturday to share his ideas on how it can improve its services, making apparent …
I recently bought an ice cream cone at a nearby parlor. It’s a big-name joint and I won’t name it here, but suffice it to say you can pay up to $8 for a carryout cone or a cup. The …
What are the kids into today? New research suggests that most teens own an iPhone and they’re snapping up Nike and Lululemon merch, ordering Chick-Fil-A and shopping on Amazon — and they expect to drop a collective $66 billion doing …