Category Archives: Credit Info

Prices took a surprise dip in February, according to the latest inflation report. (iStock) Annual inflation increased to 2.8% in February, an unexpected decline from 3.0% in January, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS). Inflation increased 0.2% monthly after rising 0.5% the previous month. Core inflation, which […]

MacroMavens President Stephanie Pomboy joins ‘Mornings with Maria’ to break down the current status of the markets and how higher interest rates are impacting the economy. Retirement nest eggs and Social Security benefits are key sources of funds for many Americans as they live out their golden years in the state of their choosing.  A […]

It isn’t always easy to save for retirement, in part because for many people it is so far away that there’s no sense of urgency. New research suggests a solution: Make the future feel closer. “People struggle to save for the future, and part of the reason why is people struggle to connect with the […]

Rates remained unchanged after the Fed meeting.  (iStock) The Federal Reserve just met to discuss the possibility of interest rate cuts. This time around, the Fed decided to extend the rate pause, leaving rates in the 4.25% to 4.5% range. The decision came due to stable economic activity that’s expected to grow in the first […]

A new study reveals that Americans under the age of 40 are contributing more to Roth IRA accounts. More savers are embracing the tax-advantaged accounts, and many will contribute leading up to tax day. Young savers are flocking to Roth IRAs.  They are taking the advice of parents, workplace financial coaches and tax advisers, who […]

Ramsey Solutions financial expert George Kamel weighs in on Americans working past retirement age and provides advice for investors. As Generation X continues getting closer to retirement, some have less than rosy views about their retirement prospects, according to a recently released nonprobability-based study from Fidelity Investments.  Fidelity Investments found in the latest edition of its […]

Ramsey Solutions financial expert George Kamel weighs in on Americans working past retirement age and provides advice for investors. Socking away money for retirement is something that’s top of mind for many people. Many Americans save money for their “Golden Years” through workplace retirement plans and individual accounts they set up, with traditional and Roth […]

‘The Big Money Show’ co-hosts discuss buy now, pay later spending options and the impact it will now have on your credit score. Small, everyday purchases like a meal from DoorDash are now able to be financed through eat now, pay later options — a practice that some experts deem “predatory.” “You’ve got to have […]

Egg prices keep soaring, but inflation is moving in the right direction. (iStock) Consumer prices fell 0.1% in March, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS). This is the first monthly drop since July 2022. Annual inflation increased 2.4% compared to a 2.8% increase registered in February. […]

The Federal Reserve held interest rates steady at its Wednesday meeting and did not disclose a timeline for when it will lower them. (iStock) The Federal Reserve is keeping rates steady at its targeted range of 4% to 4.25% and is waiting to see how President Donald Trump’s administration’s tariffs will impact the economy. For […]