As auto loans and insurance rates soar, American drivers find themselves dedicating a significant portion of their income to keep their cars, leading to financial and emotional strain. Rising Auto Loan Burdens A recent MarketWatch study revealed a worrying trend among American drivers: one in ten spends over 30% of their monthly income on auto […]
Finance
Remote Accounting: The Rising Star in Today’s Job Market
As remote work continues to define ways of working, one profession is emerging as the most in-demand: accounting. While tech jobs are usually the poster child for remote work, accounting has now taken the spotlight, offering attractive salaries and flexible work options. This shift is reshaping how and where accountants work, with significant implications for […]
Senators Call for Overhaul of Duty-Free Imports from China: Will Shoppers Pay the Price?
In a bold move, two U.S. senators have reached out to President Joe Biden with a plea to overhaul the current policy that lets packages from China enter the U.S. without duty if they are under $800 in value. This policy, they argue, puts American businesses at a disadvantage and could have significant implications for […]
Economists at Odds Over U.S. Economic Outlook, Warn Relief May Be Temporary
The annual American Economic Association meeting left leading economists treading lightly into the New Year. A Meeting of the Minds After the annual American Economic Association meeting, top economists are left battling their short-term optimism vs. their long-term concerns. A Look at Last Year At last year’s conference, analysts were caught up in the unanticipated […]
How Millennials Can Score Their Dream Home in 2024’s Housing Market
The housing crisis in the United States has left many people in vulnerable situations, and millennials are feeling the brunt of its impact. There are options for homeownership even in a contentious market. The State of the Market It’s no secret that the housing market is struggling to recover after mortgage rates soared in 2023, […]
Gen Z’s Dilemma: Can’t Afford to Leave Home – But What’s the Cost of Staying?
In an era where economic pressures are mounting, Gen Z is faced with living with their parents to save money or venture out and bear the brunt of high living costs. While seemingly pragmatic, this decision carries long-term consequences that extend beyond finances, affecting their emotional well-being and progression into adulthood. Surge in Multigenerational Living […]
Six-Figure Income No Longer Enough in America’s High-Cost Cities
Making six figures used to mean you were solidly middle class in the U.S., but that is not really the case anymore in some of the priciest cities. A new study shows that in certain spots, you have got to be pulling in as much as $150,000 to get past the lower middle-class mark. It […]
$24.6 Billion Kroger-Albertsons Merger Faces Legal Challenge Over Price Hike Concerns
The proposed merger between Kroger and Albertsons, two of the largest grocery chains in the U.S., is under scrutiny. The Federal Trade Commission (FTC), supported by several U.S. states, is challenging the $24.6 billion deal due to fears it could lead to higher prices for consumers. Government Steps in Against Supermarket Giants The FTC believes […]
Nailing Trading Timing: Technical Analysis Guide for Beginners
Technical analysis (TA) is a key tool in the investing world, yet it is often shrouded in misunderstandings and controversy. For new investors in particular it is critical to understand along with its inherent risks. Understanding Technical Analysis Technical analysis, or TA, is a method used by traders and investors to determine the best times […]
Top 10 Jobs with Soaring Salaries: Find Your Next Career Move
As we step into a new year, many are contemplating career changes, seeking opportunities that not only fulfill their passions but also offer financial stability. In 2023 several jobs witnessed significant salary hikes making them a game-changer for job seekers. Resilient Job Market Fuels Wage Growth The pandemic’s impact on the economy had a silver […]