The Fed is expected to raise interest rates again in May: Economists

The Fed is expected to raise interest rates by 25 basis points again in May, according to a poll of economists. This is what you need to know.

Engagement ring sales fall sharply – blame COVID, jewelry giant says

Pandemic lockdowns ended many early relationships and led to a dramatic decline in dating overall, resulting in “the engagement gap that we’re still seeing today," industry executives said.

Knowing how insurance rates are calculated could save drivers money: survey

Roughly 80% of American drivers surveyed can't identify the factors used to determine car insurance rate, a survey by the Zebra said. This knowledge gap could be costing them on their auto insurance premiums.

These are the cities you can earn six figures in and still be broke

A new study found that in 16 of the 100 largest U.S. metros, a family of three earning a $100,000 annual income would spend more on the basics than what they earn. California cities made up half of the list.

Supreme Court allows $6 billion in payments to continue in student loan relief case

The Supreme Court of the United States (SCOTUS) has declined to block a $6 billion student loan settlement involving more than 200,000 students who accused their schools of fraudulent activity. But not all borrowers qualify for relief. Here’s what you need to know.

Mortgage rates rise, add to affordability issues

The average rate for a 30-year fixed-rate increased to 6.39%. Higher rates and low housing supply is putting affordability constraints on would-be homebuyers. But there are still ways to find the best rate.

Have ChatGPT skills? 9 in 10 companies hiring want you, survey finds

A recent survey found that businesses are seeking employees with ChatGPT experience, with 30% saying the need is urgent. Companies are looking to hire "prompt engineers" and some are offering starting salaries exceeding $200k.

BuzzFeed to close news division, cut 15% of all staff

Pulitzer Prize winning digital media company BuzzFeed will shut down its news division and cut another 15% of its staff across the company, adding to layoffs made earlier this year.

Home price growth continues to slow down: Fannie Mae

Home prices increased by 4.7% year-over-year in Q1 2023. However, that marked a significant slowdown from annual growth in the previous quarter. Still, low home supply and high mortgage rates have raised affordability issues for potential home buyers. Here’s what you need to know.

America's retirement preparedness score drops: Fidelity

The average American has a 78% chance of covering estimated retirement expenses in a down market, according to Fidelity's 2023 Retirement Savings Assessment. Here’s what you need to know.