Facing 40-year high inflation, small business owners who can’t access traditional bank loans are using various forms of micro loans to stay afloat.
Author: Medora Lee, USA TODAY
Workers won’t be able to say “I quit” much longer as job openings fall
There’s still 1.67 open jobs for each jobless American, but that’s fast changing as the labor market cools. Next year, 1.2 million jobs could be lost.
Porsche shares power through market turmoil in one of Europe’s biggest market debuts
Shares in Porsche AG rose on their first day of public trading after Volkswagen raised $9.1 billion for one of the largest IPOs in European history.
Health care costs are about to skyrocket. Analysts explain inflation’s drastic impact.
Increases in health care premiums are coming amid skyrocketing rent and food costs, and those higher costs are likely to stick around, analysts warn.
As rates rise, the antidote to volatile stocks could now be bonds. Here’s why.
Bonds are back after a crushing time of low rates, high inflation and economic uncertainty, analysts say. Yields are up and inflation’s stabilizing.
Fed expected to raise interest rate today: Here’s how it could hit your wallet and portfolio
The Fed is expected to raise rates by at least 75 basis points. Every consumer rate from auto and home loans to savings and credit card will follow.
Seniors are the only age group with more poverty. Here’s why
A million more seniors fell into poverty last year, the only age group to see a rise. Analysts say it’s only going to get worse as inflation soars.
Winter bills will send shivers up your spine with energy prices set to rise, analysts say
A potential spike in energy prices this winter could mean heating your home and filling your car with gasoline could cost you more this winter.
What is “the merge”? The Ethereum crypto update token users are talking about, explained.
Ethereum completes “the Merge” to become a proof of stake system to be more energy efficient. What that means to users and for the future of crypto.
Rents are rising at fastest pace in 40 years. Why it’s bad for inflation, the Fed, and you.
Rents are rising at the fastest pace in 40 years. This could keep inflation hot, the Fed raising rates and consumers squeezed in coming months.