People shop for produce at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty Images A growing number of Americans are using buy now, pay later loans to buy groceries, and more people are paying those bills late, according to new Lending Tree data released Friday. The figures…
Banksphotos | E+ | Getty Images Megan Moritz bought her dream house in 2019. However, the 1,400-square-foot home, in the Arlington Heights suburb northwest of Chicago, was built in the 1930s and lacked insulation — leading to heating bills that were “very high,” said Moritz, 48. The first-time homeowner opted to pay about $5,700 for…
David Paul Morris/Bloomberg via Getty Images Inflation throttled back in March, largely on lower gasoline prices — but tariffs threaten to reverse that downward trend in coming months while trouble also lurks in certain categories like groceries, economists said. The consumer price index rose 2.4% for the 12 months ended in March, down from 2.8%…
Andrew Fox | The Image Bank | Getty Images “Dead” investors often beat the living — at least, when it comes to investment returns. A “dead” investor refers to an inactive trader who adopts a “buy and hold” investment strategy. This often leads to better returns than active trading, which generally incurs higher costs and…
Barry Ritholtz, chief executive officer at FusionIQ, speaks during an interview in New York, U.S., on Monday, March 5, 2012. Scott Eells | Bloomberg | Getty Images Barry Ritholtz had a hard time writing his first book, “Bailout Nation.” Drafted in the midst of the 2008 financial crisis, the biggest challenge, he said, was that…
Kent Nishimura | Los Angeles Times | Getty Images The U.S. Department of Treasury is scrapping a requirement for U.S. small businesses to report information about their owners to the federal government. It’s the latest twist in an on-again-off-again saga for the fledgling rule. The Corporate Transparency Act, passed in 2021, required millions of businesses…
Goldman Sachs Asset Management is trying to serve more investors looking for downside protection from market turmoil. Bryon Lake helped the firm launch its newest buffer exchange-traded fund this month: the Goldman Sachs U.S. Large Cap Buffer 3 ETF. “I’m an investor. You’re an investor. The folks watching are investors, and there’s an incredible amount…
A customer shops for eggs at an H-E-B grocery store on Feb. 12, 2025 in Austin, Texas. Brandon Bell | Getty Images Inflation receded in February on the back of easing price pressures for consumer staples like gasoline, groceries and housing, amid worries that President Donald Trump‘s tariff policies could stall progress. The consumer price…
The Port Newark Container Terminal in Newark, New Jersey, March 3, 2025. Kena Betancur/View Press | Getty Images News | Getty Images Tariffs on Canada and Mexico took effect Tuesday — and they’re bound to raise prices for consumers, sometimes in unexpected ways, according to economists. Tariffs are a tax on foreign imports, paid by…
The U.S. Department of Energy on Feb. 14, 2025 in Washington, D.C. Anna Moneymaker | Getty Images News | Getty Images California has paused rebate programs offering thousands of dollars to consumers who make their homes and appliances more energy efficient due to a Trump administration freeze on federal funding. While a handful of other…
