Rising healthcare costs and the burden of medical debt are not just straining personal finances. They’re impacting health outcomes and quality of life. According to the Commonwealth Fund’s Health Care Affordability Survey, Americans owe $88 million in medical debt. Healthcare Affordability Enters Crisis Stage As Americans grapple with these challenges, healthcare affordability is now a […]
Finance
Rising Retirement Age: Is 70 the New 65?
Previous generations looked forward to winding down their work lives in their mid-60s, but a Gallup poll reports many are now staying in the labor force longer than they anticipated. 61, The New Retirement Age The average U.S. retirement age has increased to 61, from 57 in the 1990s, according to Gallup. Derailing Retirement Plans […]
Buying a Home? Find Out Which Mortgage Type is Right for You
Explore the options for financing your new home and learn about how each mortgage could benefit you. Securing a Home Mortgage Buying a home is an exciting time. Most people don’t pay cash for their new homes, so they turn to banks and mortgage lenders to help them finance the purchase. Your home loan specialist […]
5 Ways to Improve a Very Poor Credit Score
If your FICO credit score is under 670, you’ll want to check out these tips for improvement. A higher score can help you finance big purchases and can even save you money. Here’s how. Is Your Credit Score Holding You Back? Are you considering a big investment in 2024 like a new car or house? […]
AI Takeover Leads to Surprising Stock Market Surge
Wall Street witnessed a historic moment as the S&P 500 soared to its first record high close in two years, driven largely by optimism in artificial intelligence and technology sectors. Record-Breaking S&P 500 Close The S&P 500cc, a key benchmark for U.S. stock markets, marked a notable achievement with its highest close since January 2022. […]
Federal Judge Blocks JetBlue-Spirit Merger, Huge Win for Low-Cost Travel
In a recent development that has significant implications for the airline industry and travelers, a US judge has halted the proposed merger between JetBlue Airways and Spirit Airlines, citing antitrust concerns. This decision not only affects the two airlines involved but is a win for low-cost air travel in the United States. Legal Hurdle for […]
Americans Face $1 TRILLION of Mounting Credit Debt
The latest report from the Federal Reserve highlights a troubling trend: Americans are now grappling with over $1 trillion in credit debt. This staggering figure reflects a deepening financial crisis for many households across the nation. High-Interest Rates Exacerbate the Issue Bruce McClary of the National Foundation for Credit Counseling points out that credit card […]
Catastrophic: U.S. $34 Trillion Debt Set To Rise By Trillions Over Coming Decades
It was revealed that the U.S. national debt has exceeded $34 trillion and is expected to rise in the trillions over the coming decades, with politicians blaming each other instead of coming up with solutions. $34 Trillion National Debt The U.S. national debt has reached an unprecedented $34 trillion, a historic high according to U.S. […]
Alarming Trend in Crypto Scams and Sanctions Evasion Revealed by Crime Report
Chainalysis uncovers how stablecoins, traditionally seen as safe havens in the crypto world, are increasingly being exploited for scams and evading international sanctions. Wide Open for Illicit Activities The rising popularity of stablecoins pegged to stable values like the US dollar has transformed the cryptocurrency landscape and opened avenues for illicit activities. Extent with Scams […]
Turbulent Times for Spirit Airlines Following Merger Block
After a federal judge blocked Spirit Airlines $3.8 billion merger with JetBlue Airways, the airline has been propelled into a challenging phase of decision-making and strategizing for its future. Uncertain Future Spirit’s path ahead is clouded with uncertainty. The blocked merger with JetBlue leaves the airline to confront tough choices, including the search for a […]