Matthew Hatcher | Afp | Getty Images Retail egg prices retreated in February, according to federal data issued Tuesday, delivering relief to consumers who saw prices spike at the grocery store in recent months. Average egg prices fell almost 7% in February relative to January, according to the consumer price index, a key barometer of
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Viorel Kurnosov | Istock | Getty Images With roughly two more months before the U.S. Department of Health and Human Services ends the three-year Covid public health emergency, more than 5 million of the nation’s households remain behind on their rent. All together, tenants continued to owe nearly $11 billion in rental debt during the
In this article AVD Follow your favorite stocksCREATE FREE ACCOUNT Customer shaking hands with car salesman buying a car Fg Trade | E+ | Getty Images Several considerations go into selecting a financial advisory firm, especially if you are in your prime working years and have plenty of time left before you retire. For one,
Brandon Bell | Getty Images Timing is everything, especially when it comes to real estate. But finding the perfect time to sell your home — especially if it’s your first time — may be a challenge as the residential real estate market fluctuates. A recent survey from Zillow finds 84% of first-time home sellers wish
miodrag ignjatovic | E+ | Getty Images Some Medicare beneficiaries will begin paying less next month for 27 prescription drugs whose prices have increased at a rate that outpaces inflation, government officials announced Wednesday. Depending on their individual coverage, beneficiaries could save between $2 and $390 per average dose for these drugs starting April 1,
Massachusetts Institute of Technology (MIT) campus in Cambridge, Massachusetts (Photo: Bloomberg / Getty Images) With an acceptance rate of just under 4%, Massachusetts Institute of Technology is considered the ultimate dream school, according to a new survey of college-bound students and their families. However, it’s not only one of the hardest schools to get into
A customer shops at a grocery store in Brooklyn on Feb. 14, 2023. Michael Nagle/Xinhua via Getty Images The annual inflation rate in February continued its gradual cooling trend, though it remained well above policymakers’ target. Inflation is a measure of how quickly prices are rising or falling in the U.S. economy. related investing news
Damircudic | Getty Images One of the ground rules for individual retirement account contributions is you must have “earned income,” such as wages or salary from a job or self-employment earnings. But there’s a special exception, known as a spousal IRA, which allows you to contribute based on your spouse’s earnings if you file taxes
It’s been a tough time for cryptocurrency but, despite volatility, you still need to know how the technology works, said Douglas Boneparth, a certified financial planner based in New York. The digital currency market dropped by nearly $1.4 trillion in 2022, following a cascade of bankruptcies and liquidity issues, including the high-profile collapse of crypto
Starting in community college and then transferring to a four-year school is a proven pathway to getting a degree for significantly less money. Yet fewer students are going this route. Transfer enrollment from two-year colleges to four-year schools dropped again in fall 2022 compared with the previous year, this time sinking nearly 8%. This continues
When markets hit a slump, investors are often tempted to head for the exits in search of safer places to put their money. There are always reasons investors may get spooked. In the latest example, the failure of Silicon Valley Bank rattled investors and sent stocks lower on Friday. Signature Bank was seized by regulators
gilaxia If you’re in the market for a new car, be prepared for the possibility of paying more than sticker price. The average new-car price in February was $45,296, compared with the average manufacturer’s suggested retail price, or MSRP, of $41,637, according to new research from iSeeCars.com. An estimated 31% of new vehicles were sold
In this article WU Follow your favorite stocksCREATE FREE ACCOUNT The author in Argentinian Patagonia in February 2023. Here, the Spegazzini Glacier cascades into Lago Argentino, the third largest lake in South America. Waiting in an hourlong line at a Western Union wasn’t on my initial itinerary when planning a recent trip to Argentina. Yet
Visualspace | E+ | Getty Images Small business owners today may feel they’re getting pulled in two directions: stuck between wanting to offer a retirement benefit to their workers but feeling unable to afford costs associated with a 401(k) plan. But entrepreneurs scared by the affordability of maintaining a 401(k) plan can instead consider an
Parents and children participate in a demonstration organized by the ParentsTogether Foundation in support of the child tax credit portion of the Build Back Better bill outside of the U.S. Capitol on Dec. 13, 2021. Sarah Silbiger | Bloomberg | Getty Images President Joe Biden’s proposed budget for fiscal 2024 includes a host of proposals
Luis Alvarez | Digitalvision | Getty Images The pace of wage growth seems to be decelerating, according to the February jobs report issued Friday — but workers still have bargaining power in a cooling but strong job market, economists said. “Workers have a very strong negotiating position,” Mark Zandi, chief economist of Moody’s Analytics. “The
While the thought of funding your retirement adequately might be daunting, if you start planning now you’ll certainly be thankful later. It also might not be as difficult as you think. Retirement usually entails replacing your onetime annual salary from a workplace with other income sources to maintain your current lifestyle. While Social Security may
U.S. President Joe Biden delivers remarks about his budget for fiscal year 2024 at the Finishing Trades Institute in Philadelphia, Pennsylvania, March 9, 2023. Evelyn Hockstein | Reuters Days after introducing a new plan to shore up Medicare, President Joe Biden called for “protecting and strengthening” Social Security with the introduction of his fiscal 2024
In this article AUTO-GB LNC MSFT AMZN GOOGL AAPL META Follow your favorite stocksCREATE FREE ACCOUNT Several large companies have announced significant job cuts in recent months: Google, Microsoft, Amazon and other tech companies collectively laid off more than 70,000 employees in the last year and there are no signs of that trend slowing down.
President Joe Biden delivers remarks on his plan to protect Americans access to affordable health care in Virginia Beach, Virginia, on Feb. 28, 2023. Saul Loeb | AFP | Getty Images President Joe Biden this week called for higher taxes on wealthy Americans to boost Medicare as part of his 2024 budget, aiming to help
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