Key Fed inflation measure eased in December while consumer spending also declined
The personal consumption price index excluding food and energy for December increased 4.4% from a year ago. Source link
Read more
Consumer spending
‘Outright negative’ on stocks: JPMorgan’s Marko Kolanovic braces for correction, hard landing
JPMorgan's Marko Kolanovic warns 2023's market rally will collapse. The Institutional Investor top-rated strategist cut his exposure to underweight this
Read more
New retirement account rules make it easier to tap savings early for emergencies
The $1.7 trillion bill to fund the federal government through next September has measures related to tapping retirement savings for
Read more
The Fed increased interest rates again — here’s why you should save more and pay off debt in response
The Fed raised rates for the seventh time this year in response to high inflation. Source link
Read more
Inflation has peaked — but it’s not returning to pre-Covid levels in 2023, Mastercard says
It'll take a few years to return to 2019 levels, said David Mann of the Mastercard Economics Institute. Source link
Read more
Economists think inflation has peaked. Main Street is preparing for more pain
An overwhelming majority of small business owners expect inflation to continue to rise, according to a quarterly poll conducted by
Read more
How to save money and earn extra points with Amex Offers
Chase and United Airlines announced a new United Business Card with enhanced benefits earlier this year. It now has an
Read more
Did you receive a gift card you don’t need? Here’s how to sell it for cash
Gift cards typically limit you to a specific merchant, but if you know this simple trick, you can spend it
Read more
If the value of your home is depreciating, you could have an upside down mortgage — here’s what you should know
Home values tend to appreciate but sometimes short-term market conditions can cause a home's value to decrease. Source link
Read more