A surge in U.S. wealth has been driven by stock and home values. But the gains are concentrated at the top, leaving others in a sour economic mood.
Category: Credit and Debt
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The Financial Fallout of Being Deactivated from Delivery Work
Millions of Americans earn money finding gig work through platforms like Uber, Lyft or DoorDash. Many see their financial lives upended when their account is suddenly blocked for unclear reasons.
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DoorDash Announces ‘Buy Now, Pay Later’ Partnership With Klarna
DoorDash said the arrangement with the financial tech service Klarna would allow customers to defer payments on orders such as takeout from restaurants, makeup and electronics.
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How Fed Rates Influence Mortgages, Credit Cards, Savings and More
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
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Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.
The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.
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Why Gen Z Is Willing to Pay Big Money for Concert Tickets
How can 20-somethings afford the high cost of seeing their favorite artists’ live shows? Some save; some go into debt.
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Key Interest Rate Falls as Worries About the Economy Rise
Investors’ increasingly gloomy sentiment about economic growth appears to be driving down the 10-year Treasury yield.
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Debt and Mental Health: How One Couple Found Help
People who find themselves in financial trouble sometimes consider taking drastic measures when their situation appears hopeless. But there is always a way out.
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How to Pay Off Credit Card Debt
A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for reducing that debt, starting with looking at your spending habits.
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Trump Promised a Cap on Credit Card Interest Rates. Here’s His Chance.
Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates.
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Higher Interest Rates Make Federal Debt More Expensive
The Fed’s key rate has a bearing on the sustainability of public borrowing, which is heading to striking levels.
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How Fed Rates Influence Mortgages, Credit Cards, Savings and More
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.