Articles

‘I’m 60 and looking to retire’: My brother was released from jail and wants to buy back our parents’ foreclosed home. What should I do?

“I don’t want to make promises I can’t financially live up to. I own my own house and struggle to keep that in order.”

The most dovish Wall Street bank has dialed back its Fed rate-cut view. Here’s why.

The Wall Street bank with the most dovish Federal Reserve rate forecast has pared back its expectations for rate cuts, though it’s still expecting a flurry of reductions next year.

Millennials and Gen Z are trying a ‘no-spend year’ to rebuild their savings. Will it be enough?

After years of pandemic-era overspending and high inflation, younger consumers are trying to regain control of their finances by cutting out all nonessential spending.

Higher-income Americans are still flocking to discount stores to escape inflation — and for a ‘sense of adventure’

Inflation has slowed, but higher-income Americans are continuing to shop at discount stores like Walmart and Dollar Tree and buy store brands instead of national brands. But experts say saving money is only part of the reason for these shopping behaviors

Is America’s love of ice cream melting away? Unilever’s break-up with Ben & Jerry’s isn’t the only sign.

Factors contributing to declining ice cream consumption may include climate change and a desire to avoid dairy products.

Richard Branson set for $856 million payout from Nationwide’s Virgin Money takeover

Nationwide will pay Branson’s Virgin Enterprises a £250 million exit fee to stop using the Virgin brand

Parents weigh in on the best SUVs for families

From auto pros who are also parents, here are some top picks for the best SUVs for families, plus some features to look for.

Biden administration to cancel $5.8 billion in student debt for public servants

Nearly 78,000 student-loan borrowers who have worked in public service for at least 10 years will have their student debt cancelled, the Biden administration said Thursday.

Swiss National Bank makes surprise rate cut, sending franc lower

The dollar surged against the Swiss franc after the Swiss National Bank cut interest rates on Thursday, as the country is one of the few in the industrialized world with tepid inflation pressures.

Treasury yields dip after Powell comments bolster hopes for June rate cut

Bond yields fell early Thursday as traders bet that forecasts and comments from the Federal Reserve the day before increase the likelihood that borrowing costs will start to be cut in the summer

Micron blows away Wall Street estimates, but a specter potentially looms

Samsung and Hynix will soon have rival high-bandwidth memory chips on the market.

Fed still on track for June rate cut, and 2 other takeaways from Powell’s press conference

Beneath the surface, several important messages came out of Jerome Powell’s press conference.
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