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Author: Elisabeth Buchwald, USA TODAY

Money

Are debt consolidation loans a good idea? More Americans are wondering as Fed raises rates

August 9, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Are debt consolidation loans a good idea? More Americans are wondering as Fed raises rates

Can you consolidate credit card debt with bad credit? In some cases, yes but you may not get a good enough rate to make it worthwhile

Money

Is this a bear market rally? S&P 500, Nasdaq, Dow had best month of the year

July 29, 2022July 30, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Is this a bear market rally? S&P 500, Nasdaq, Dow had best month of the year

Is the bear market over? The S&P 500 gained 9% in July. Bank of America says it’s a bear market rally and danger lies ahead for stocks.

Money

With next Fed interest rate hike due this week, we answer your top financial questions

July 26, 2022July 26, 2022 Elisabeth Buchwald, USA TODAY Comments Off on With next Fed interest rate hike due this week, we answer your top financial questions

The Federal Reserve is set to raise interest rates by at least 75 basis points on Wednesday. That’ll make it even hard for Americans to save money

Money

I was 12 when I bought my first stock. My portfolio is beating my 401(k)

July 21, 2022July 21, 2022 Elisabeth Buchwald, USA TODAY Comments Off on I was 12 when I bought my first stock. My portfolio is beating my 401(k)

In this bear market 401(k)’s are looking less cheerful. I’m oddly comforted by the fact that a portfolio I started at 12 is outperforming my 401(k)

Money

Morgan Stanley’s Mike Wilson predicts S&P 500 trough. What does that mean for the economy?

July 18, 2022July 18, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Morgan Stanley’s Mike Wilson predicts S&P 500 trough. What does that mean for the economy?

Mike Wilson of Morgan Stanley says the S&P trough will be around 3,400 if a recession is avoided. What does a trough mean for the economy and stocks?

Money

Bank of America, Goldman Sachs, Citi, JPMorgan and Wells Fargo tout consumer strength

July 15, 2022July 18, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Bank of America, Goldman Sachs, Citi, JPMorgan and Wells Fargo tout consumer strength

Is the U.S. in a recession right now? It’s hard to tell by looking at Americans’ bank accounts. JPM, Citi and Wells Fargo tout consumer strength on earnings calls

Money

Bank of America lowers S&P 500 target as risk of recession increases with high inflation

July 14, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Bank of America lowers S&P 500 target as risk of recession increases with high inflation

JPM stock slid after the bank reported a sharp drop in earnings. The Dow and S&P 500 closed down on fears Fed doing a 100 basis point rate hike

News

June CPI inflation report: Largest price increases include gas, butter and flour

July 14, 2022 Elisabeth Buchwald, USA TODAY Comments Off on June CPI inflation report: Largest price increases include gas, butter and flour

CPI breakdown: Some of the largest price increases in June were gas, butter and margarine. Overall inflation hit a new 40-year high of 9.1%

Money

As more companies cover abortion travel in health insurance plans, are interstate travel bans next?

July 6, 2022 Elisabeth Buchwald, USA TODAY Comments Off on As more companies cover abortion travel in health insurance plans, are interstate travel bans next?

A growing list of companies are covering travel to get an abortion. But are bans on interstate travel coming after Supreme Court’s Roe v. Wade ruling?

Money

Dow, S&P 500, Nasdaq recover losses to eke out gains, oil drops below $100 per barrel

July 5, 2022July 5, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Dow, S&P 500, Nasdaq recover losses to eke out gains, oil drops below $100 per barrel

The S&P 500, Dow and Nasdaq erase early losses to end slightly higher, but investors remain nervous a recession is on its way.

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PCE inflation report: Key measure ticks higher in July. What will the Fed do?

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Blue supermoon: See photos of the rare moon that won’t happen again until 2037

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College professor harassed students to quench ‘clown fetish,’ offering extra credit, cash

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5 people shot in Illinois, 2 in critical condition

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