Money & The Economy

US Deficit Hits Nearly $250 Billion, Smashing November Record

The U.S. federal budget deficit set a record for the month of November, jumping $57 billion from the same month…

4 years ago

Global Automaker Recalls 1.23 Million Trucks

A global manufacturer announced a voluntary recalling of 1.23 million Ram pickup trucks over concerns that the tailgate latching mechanism does…

4 years ago

Key Inflation Metric Shows High Prices Aren’t Going Anywhere Just Yet

Wholesale prices beat expectations in November, a sign that inflation might not fall as quickly or steeply as previously hoped,…

4 years ago

5 Easy Steps for Improving Your Credit Score

Having a low credit score can have a detrimental effect on finances and the ability to utilize credit for moving…

4 years ago

In the Economic Data, Good News Is Bad News

The government just reported that third quarter gross domestic product (GDP) growth was revised upward to 2.9%. That’s solid growth…

4 years ago

Sticky Situations: Bankrupt Mortgage Lender and a $10,000 Engagement Ring

Dear Mary: I just read that that the company that holds my home mortgage is under investigation by the feds…

4 years ago

Fed Funds Rate Must Reach at Least 6% to Curb Inflation

Since June, the Federal Reserve has raised interest by 75 basis points four times. In recent history, this is an…

4 years ago

Here’s Why Buying A Home May Not Get Any Cheaper Even If The Economy Tanks

Even if inflation cools and a recession is officially declared next year, an ongoing housing shortage would keep prices from…

4 years ago

What Will it Take to Finally Reduce Inflation?

The GOP has regained control of the House of Representatives and has promised to reduce inflation. So far, they are…

4 years ago

New Englanders Will Pay 65% More To Heat Their Homes This Winter

The price of heating oil, a fuel most commonly used in New England to heat homes, has gone up by…

4 years ago