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5 Surefire Ways To Help You Steer Clear Of Holiday Debt

The holidays are around the corner and here are some of the effective ways that you can avoid a holiday debt.

Democrats Delete Tweet Mocking Americans for Buying Gifts Despite Concerns Over Grocery Prices: 'We Were Thinking Y'all Couldn't Afford Eggs'

Democrats from a congressional committee took to their official X (formerly Twitter) account, mocking Americans for spending money during the holidays despite struggling to afford groceries due to inflation.

Russian Ruble Slump Might Spark Rise In Interest Rates: Report

The ruble has come under increasing pressure in recent weeks as Russia's economy struggles with Western sanctions

The currency has fallen more than 9% against the dollar since Nov. 21

Expect To Pay More For Your Christmas Tree This Year, Here's Why

Shoppers should 'anticipate slightly higher prices for both real and artificial Christmas trees,' according to the American Christmas Tree Association.

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Budget Horror: Consumers Plan To Spend Less For Halloween Due To Inflation: Study

Many Americans plan on creating do-it-yourself costumes to save a buck.

Producer Price Index Shows Inflation Easing In September

The index was unchanged while a slight rise was expected

U.S. Social Security card designs over the past several decades

Here's How Much Social Security Checks Are Going Up Next Year

The cost-of-living adjustments are tied to the rate of inflation as measured by the Bureau of Labor Statistics

Inflation Continues To Cool, Paving Way For More Interest Rate Cuts

The Federal Reserve's preferred inflation measure rose just 0.1% in August, according to Commerce Department data

People Are Eating Out Less, Cooking At Home More: Report

As inflation eases, consumers are finding better prices in the grocery aisles

Strategies To Mitigate The Impact Of Inflation

According to the International Monetary Fund (IMF), inflation is decreasing more quickly than anticipated. Global inflation is projected to drop to 5.8% in 2024 and 4.4% in 2025.

JD Vance Complains About $4 Eggs While Standing In Front Of $3 Eggs

'Is Vance really this stupid? It's like he's secretly working for the Dems at this point,' one social media user wrote.

Social Security Checks In Nine States To Drop Starting This Month

The new tax will be adjusted when Social Security recipients in some states file their federal income tax returns.

Inflation has slowed in Canada as the central bank has gradually lowered its key interest rate

Inflation Slows Again In Canada To 2%

Inflation in Canada eased to two percent year-on-year in August, hitting the target set by the country's central bank and marking its slowest increase since February 2021, official data showed Tuesday.

Wildfires around Los Angeles have wreathed the city in choking smoke

Latino Voters In California Say Inflation Is Top Concern But Blame Corporate Greed More Than Politicians

32% blame inflation on corporations, edging Biden policies (30%) and Trump policies during the pandemic (20%).

Some analysts have called for the Fed to make an emergency rate cut

Wholesale Prices Clear The Way For Fed Rate Cuts

The U.S. economy appears to have cleared the final hurdle for the Federal Reserve to reduce interest rates next week with Thursday's data showing wholesale prices on target with projections.

CPI Report: US Inflation Cooled In August, Hits 3-Year Low

The new data come ahead of an expected interest rate cut by the Fed.

US Household Incomes Rose In 2023: Census Bureau

Last year's median income was $80,610, up an inflation-adjusted 4% over 2022 and marked the first statistically significant increase since 2019.

French school children went back to school on Monday

Gen Z, Millennials Skipping Parenthood Over The Price Tag: Study

Two generations of Americans are increasingly opting against parenthood, and they blame it on the rising cost of raising children, according to a new study from MassMutual.

Americans' Inflation Outlook Largely Unchanged: NY Fed

The latest Survey of Consumer Expectations showed little difference from a month earlier, with the biggest anticipated price hike involving medical care.

Dow Hits Yet Another Record High

It pops up to 41,563.08 points fueled by favorable inflation news from the Commerce Department

Nearly 1 In 3 UK Residents Miss Payments As Mortgage Arrears Soar By 50% Amidst Rising Interest Rates

More UK homeowners seek financial assistance from charities and lenders as their fixed-rate mortgage deals end this year.

Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls

San Francisco Fed President Signals Imminent Quarter Percentage Point Rate Cut

Mary Daly said the "most likely" outlook involves continued gradual declines in inflation alongside steady and sustainable job growth.

The US Federal Reserve is widely expected to hold interest rates between 5.25 percent and 5.50 percent at the end of its policy meeting

Fed On Course For September Rate Cut As Meeting Minutes Show Strong Support

FOMC signaled that a rate cut could be on the table at the upcoming September 17-18 meeting, especially if economic data continues to align with expectations.

Chicago Federal Reserve President Austan Goolsbee said he still saw three rate cuts this year

Chicago Fed President Cautions Against Trump, Harris Inflation Arguments

As part of their economic platforms, Vice President Kamala Harris and former President Donald Trump have both pledged to reduce costs for Americans.

US consumer inflation eased to an annnual rate of 2.9 percent last month

US Consumer Inflation Records Smallest Annual Rise Since 2021

US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates.