Stocks tumble as Dow, S&P 500 close out worst day since 2022
The Dow Jones Industrial Average tumbled 1,033.99 points, or 2.6%, while the Nasdaq Composite and S&P 500 fell 3.43% and 3%, respectively. The Dow and S&P 500 closed out their worst day since September 2022.
The Dow Jones Industrial Average tumbled 1,033.99 points, or 2.6%, while the Nasdaq Composite and S&P 500 fell 3.43% and 3%, respectively. The Dow and S&P 500 closed out their worst day since September 2022.
Economist urges Fed to meet 'now' to cut rates as stocks tumble: It's a 'frightening time'
Economist Stephen Moore urged the Federal Reserve to address falling commodity prices and shift from inflation concerns to deflation, while Fed Chairman Jerome Powell indicated a potential rate cut if inflation cools, amidst a market meltdown driven by recession fears.
Economist Stephen Moore urged the Federal Reserve to address falling commodity prices and shift from inflation concerns to deflation, while Fed Chairman Jerome Powell indicated a potential rate cut if inflation cools, amidst a market meltdown driven by recession fears.
1 in 3 parents say they can't afford back-to-school shopping this year, survey says
A new survey reveals that parents are bracing for the financial impact of back-to-school shopping.
A new survey reveals that parents are bracing for the financial impact of back-to-school shopping.
Study ranks US states with most financially-distressed residents
WalletHub's recent study reveals the U.S. states with the most financially-distressed residents, highlighting surprising trends and economic struggles. Michigan tops the list, followed closely by Texas and Nevada.
WalletHub's recent study reveals the U.S. states with the most financially-distressed residents, highlighting surprising trends and economic struggles. Michigan tops the list, followed closely by Texas and Nevada.
Federal Reserve sees progress with inflation, hinting that a rate cut is near
The Federal Reserve said progress was made to lower inflation, suggesting that the central bank is moving closer to cutting its key interest rate for the first time in four years.
The Federal Reserve said progress was made to lower inflation, suggesting that the central bank is moving closer to cutting its key interest rate for the first time in four years.
US national debt tops $35 trillion, hitting new record
The U.S. gross national debt hit $35,001,278,179,208.67 on Monday, according to the Treasury Department.
The U.S. gross national debt hit $35,001,278,179,208.67 on Monday, according to the Treasury Department.
Florida gas prices tick up slightly over past week: AAA
Gasoline prices in Florida increased slightly over the past week, with the average price of a gallon of regular unleaded Monday at $3.38, according to the AAA Auto Club.
Gasoline prices in Florida increased slightly over the past week, with the average price of a gallon of regular unleaded Monday at $3.38, according to the AAA Auto Club.
US economic growth increased last quarter to a healthy 2.8% annual rate
The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates.
The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates.
Study: Americans must make over $1 million per year to be in the top 1% in these states
What does it take to be among the top 1% in America? The answer depends on what U.S. state you call home, according to a new study.
What does it take to be among the top 1% in America? The answer depends on what U.S. state you call home, according to a new study.
A $1 million starter home? It’s becoming the norm in these cities
There are now 237 cities in the U.S. where the typical starter home is worth $1 million or more. Five years ago, there were only 84 such cities.
There are now 237 cities in the U.S. where the typical starter home is worth $1 million or more. Five years ago, there were only 84 such cities.
Bosses admit that return-to-office mandates were meant to make staff quit
Bosses implemented return-to-office mandates hoping their workers would quit
Bosses implemented return-to-office mandates hoping their workers would quit
Why so many insurance companies are dropping Florida homeowners
Although the peak of hurricane season is still over a month away, homeowners are still struggling with their insurance.
Although the peak of hurricane season is still over a month away, homeowners are still struggling with their insurance.
Americans are falling behind on their car payments, data shows
Recent data from auto experts shows that Americans are struggling with car payments, with the number of defaults industrywide up in the first half of 2024.
Recent data from auto experts shows that Americans are struggling with car payments, with the number of defaults industrywide up in the first half of 2024.
Survey reveals how many parents have quit their jobs to raise children
The new study underscores the financial burden that child care costs impose on many parents.
The new study underscores the financial burden that child care costs impose on many parents.
Best places to retire in 2024 revealed in new study
A new study ranked all 50 U.S. states to determine the best states to retire in 2024.
A new study ranked all 50 U.S. states to determine the best states to retire in 2024.
Great Resignation 2.0 could be on the horizon, with 3 in 10 workers planning to quit in 2024, survey shows
Low pay, desire for better benefits and search for less stressful work are some reasons behind the shift.
Low pay, desire for better benefits and search for less stressful work are some reasons behind the shift.
Remainder of Biden’s student debt relief plan blocked by appeals court
The ruling comes the same day the Biden administration announced it would forgive roughly $1.2 billion in additional student loan debt for borrowers who work in public service.
The ruling comes the same day the Biden administration announced it would forgive roughly $1.2 billion in additional student loan debt for borrowers who work in public service.
Social Security just announced a change for millions of beneficiaries
Millions of Social Security recipients must switch to a new Login.gov portal to continue accessing their online account information, as announced by the Social Security Administration.
Millions of Social Security recipients must switch to a new Login.gov portal to continue accessing their online account information, as announced by the Social Security Administration.
Teachers struggle with burden of covering cost of crucial school supplies
When adjusting for inflation, teachers are making 5% less on average than they did 10 years ago, data shows.
When adjusting for inflation, teachers are making 5% less on average than they did 10 years ago, data shows.
Retirees with $1 million in savings could run out of money faster in these states, study finds
Data from GoBankingRates offered better outlooks for retirees in Southeastern and Midwestern states.
Data from GoBankingRates offered better outlooks for retirees in Southeastern and Midwestern states.