How Federal Reserve’s series of rate hikes could affect your finances

As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.

November inflation rises at the slowest rate this year, beating expectations

Inflation rose 7.1% year-over-year in November, a slowdown from the 7.7% increase in October. Here's what this means for the economy and future interest rate hikes.

Gas prices plunge to new low, expected to keep dropping in 2023: AAA

The national average cost for a gallon of gas fell to $3.26, 52 cents less than a month ago and six cents less than a year ago, according to AAA.

How to stretch your holiday shopping budget this December
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Personal finance expert Bola Sokunbi from Tally dishes out helpful tips for making your money go longer this holiday season to buy gifts for those you love.

Mortgage rates to stay high in 2023: Freddie Mac

High mortgage rates and home prices are creating a weak housing market. Here’s how to lower your rate and monthly payments.

What to know before you invest in cryptocurrency
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MoneySkool founder Dion Pouncil dishes out helpful advice for those looking to enter the cryptocurrency market.

Credit card balances hit record high amid inflation: TransUnion

Inflation and an uncertain economy influenced record-high credit card balances in the third quarter of 2022, according to TransUnion. Here’s how you can pay off your high-interest debt.

What is the first-time homebuyer tax credit and how does it work?

The new version of the first-time homebuyer tax credit hasn’t passed Congress yet, but there are some tax credits homeowners can take advantage of today.

Tips for negotiating a raise
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Personal finance expert Dan Roccato dishes out advice for how to go about approaching your boss for a raise.

TikTok lawsuit: Indiana joins growing list of states suing social media giant
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Indiana's attorney general on Wednesday sued Chinese-owned social media app TikTok, claiming the video-sharing platform misleads its users, particularly children, about the level of inappropriate content and security of consumer information.

Walmart may raise prices, close stores if rise in shoplifting continues, CEO says

“Theft is an issue. It is higher than what it has historically been,” Walmart's CEO said, warning that a lack of prosecution for shoplifting could ultimately mean higher prices for shoppers. “If that’s not corrected over time, prices will be higher, and/or stores will close.”

What to know regarding new IRS rule on Venmo payments

If you use third-party payment platforms, such as Venmo or PayPal, you may soon be under added scrutiny by the Internal Revenue Service.

Still missing your tax refund? The IRS will soon pay you 7% interest

Taxpayers still waiting to receive their 2021 tax refund will soon be paid 7% interest on the money by the IRS – but the money is taxable.

Job growth spikes in November, interest rates expected to continue rising

The economy added more than 260,000 jobs in November and wages increased, but economic uncertainty is still a concern for many Americans. Here’s how to manage your finances today.

Recession is expected in Q1 2023: Bank of America

Bank of America economists expect a recession to emerge in the beginning of 2023. Here’s how to keep your finances on track.