Americans

Nearly 70% of Americans are looking for extra work to fight inflation

Nearly 70% of Americans are looking for extra work to fight inflation

A few months ago, Mike Petree noticed an alarming trend: his bank account was getting uncomfortably low on the weekends before he got his paycheck, paid bi-weekly on Wednesdays. Despite no change in their daily routines, the bills for him and his family of five have skyrocketed: a $120 weekly grocery bill soared to $200, …

Nearly 70% of Americans are looking for extra work to fight inflation Read More »

Americans will pay more money to heat their homes this winter

Americans will pay more money to heat their homes this winter

Americans are about to see the biggest increase in their home heating bills in more than 10 years, and it’s not just because of inflation. A new report from the National Energy Assistance Directors Association (NEADA), which represents state directors of the Low Income Home Energy Assistance Program (LIHEAP), predicts a 17.2% increase in average …

Americans will pay more money to heat their homes this winter Read More »

Why Americans shouldn't panic as the Fed hikes interest rates: Financial experts

Why Americans shouldn’t panic as the Fed hikes interest rates: Financial experts

Americans should stay calm, bolster their personal savings and keep an eye on their long-term financial plan as the Federal Reserve raises interest rates sharply, personal finance experts told the Post. The Fed raised its key rate by 0.75% on Wednesday for the third consecutive month. By raising interest rates, the Fed makes it more …

Why Americans shouldn’t panic as the Fed hikes interest rates: Financial experts Read More »

More Americans are racking up credit card debt as inflation rages

More Americans are racking up credit card debt as inflation rages

NerdWallet Founder and CEO Tim Chen provides an economic analysis of the best credit cards available, breaking down the pros and cons of each on “Mornings with Maria.” Credit card debt in the United States has increased over the past year as painfully high inflation has prompted more Americans to borrow money in order to …

More Americans are racking up credit card debt as inflation rages Read More »