How people tackle their finances can vary but, according to new research from PYMNTS, there are two ways that are most common. PYMNTS found just…
For decades, Americans were given the same advice about money: Find a good financial adviser. Trust the person, not just the process. That model worked when markets were simpler, tax laws changed more slowly, statements…
Elon Musk’s net worth is now doubling the next closest billionaire in the rankings of the world’s wealthiest people amid a surge in Tesla stock. The Forbes Real-Time Billionaires List showed that as of Thursday afternoon, Musk’s net worth is about $681 billion as the Tesla CEO and entrepreneur expanded his…
Mortgage rates ticked lower this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage decreased to 6.21% from last week’s reading of 6.22%. The average rate on a 30-year loan was 6.72% a year…
Labor Secretary Lori Chavez-DeRemer insisted the job market is strengthening despite new signs of economic softness, even as unemployment rose to its highest level since 2021. Chavez-DeRemer argued the uptick in unemployment is evidence that “more people are getting off the sidelines, and they’re looking for those jobs,” framing the…
Key takeaways Leasing an electric vehicle (EV) allows you to test out the driving experience without committing to full ownership. A lease will often have a lower monthly payment than an auto loan, and some leasing companies will offer an upfront discount that covers the federal tax rebate. Buying an…
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The U.S. economy added jobs in November as economic uncertainty continued to dampen activity in the labor market. The Labor Department on Tuesday reported that employers added 64,000 jobs in November, a figure that was above…
