January 30, 2023, 6:02am Business
A weird thing happened to the global auto industry during the pandemic: Its valuation roughly tripled to about $3 trillion. Roughly a year on, a lot of other weird stuff has happened, most notably the head of the world’s most valuable automaker trying his hand at running a certain social… Read story
January 29, 2023, 6:02am Business
There’s good news on the inflation front: December 2022 marked the sixth straight month that the U.S. rate of inflation has decreased. Read story
January 28, 2023, 6:02am Business
Between financially helping his parents and losing income as a result of the COVID-19 pandemic, Jeremy Mazza landed into serious credit card debt. Relief came from a source he wasn’t expecting: his partner, Ginna Lambert, who had come into a small inheritance. She suggested “investing” part of her bounty in… Read story
January 27, 2023, 7:31am Business
In investing terms, a “glide path “ describes how a mix of investments changes over time. Typically, the mix gets more conservative — with fewer stocks and more bonds, for example — as the investor approaches a goal such as retirement. Read story
January 26, 2023, 9:06am Business
For the past couple of years, hotel and airline loyalty programs have extended elite status in response to the COVID-19 pandemic. But in 2023, that’s coming to an end. A tsunami of downgrades will wipe out some travelers’ elite status because pandemic-era offers are expiring and loyalty programs are upping… Read story
January 25, 2023, 7:44am Business
In 2022, 48% of Medicare beneficiaries were enrolled in Medicare Advantage plans instead of original Medicare, and experts predict that number will be higher in 2023. Read story
January 24, 2023, 7:33am Business
Save more, spend less and pay off debt are popular New Year’s resolutions — and perhaps the ones most likely to fall by the wayside a few weeks into the year when reality sets in and expenses derail plans. But an early-in-the-year setback, like paying your health insurance deductible or… Read story
January 17, 2023, 8:07am Business
When inflation rises, child care expenses do, too. If you’re a parent, you may be hoping to get a little financial relief during the upcoming tax season through deductions or credits. But since there have been recent reductions to both of the child tax credits, you may not get as… Read story
January 16, 2023, 8:44am Business
After years of being in debt, Rachel Kramer Bussel came to a realization: “If I don’t become proactive about it, I will be in debt for the rest of my life.” For Bussel, a freelance writer near Atlantic City, New Jersey, that meant scaling back spending and putting any available… Read story
January 16, 2023, 6:00am Business
Two companies in the homes of millions of Americans and people across the globe can be decent gauges for the spending resiliency of consumers, and the ability of firms navigating higher costs themselves. Read story
