02/04/2024
Making the right moves to plan your financial future focuses on paying off your debt. For some people, it's an uphill battle because of how they approach their monthly expenses.
The Importance of Interest Rates in Paying Down Your Debt - The Wall Street Journal Google Your News Update - WSJ Podcasts
Paying down debt can improve someone’s credit score and open opportunities for financial milestones like a house or car. WSJ’s Bourree Lam and Julia Carpenter, authors of “The New Rules of Money,” join host J.R. Whalen to discuss the importance of tracking your interest rates when choosing d...
02/03/2024
In a survey of 1,000 American adults conducted by Tebra, a medical practice management company, 25% of respondents reported that they’d had unpaid medical bills show up on their credit reports.
90% Of Americans With Medical Debt On Their Credit Report Face Setbacks; New Rules May Help
New proposed CFPB rules could prevent medical debt from showing up on credit reports altogether. A new survey reveals how consumers feel about proposed changes.
02/02/2024
Inflation in the US and other major economies has slowed sharply over the past year as energy prices retreated from record highs.
Analysis: Inflation isn’t beaten yet and risks of a new price shock are rising | CNN Business
The battle to tame rising prices is not yet won, and the risk that inflation could spike again is growing as disruption to one of the world’s main trade routes persists.
02/01/2024
Shares of Discover Financial Services fell 5% in after-hours trading Wednesday after it released its fourth-quarter earnings report, missing Wall Street's projection for per-share profit.
Discover Stock Falls After Earnings Miss Estimates
Shares of Discover Financial Services fell 5% in after-hours trading Wednesday after it released its fourth-quarter earnings report, missing Wall Street's projection for per-share profit. The company reported that its credit cards' charge-off rate—the percentage of outstanding debt that credit ca
01/31/2024
The energy tax credit registration portal is open for business. Taxpayers can now begin the process to receive a registration number, which is required to claim a transferred credit or receive an elective payment.
It’s Time To Register Tax Credit Transfers
Marie Sapirie examines the IRS’s new registration portal for transferring energy tax credits and receiving elective payments.
01/30/2024
Last year, taxpayers saw the phase-out of pandemic-era tax breaks and the return to pre-COVID amounts for popular credits like the earned income tax credit and child tax credit.
What to expect for the 2024 tax filing season
Here's everything you need to know about the child tax credit, student loan forgiveness, and Venmo reporting requirements this tax season.
01/29/2024
While the typical terms might break a purchase into four equal interest-free payments, not all buy now, pay later loans work that way.
Americans are racking up more 'phantom debt' — why that's a problem
"Buy now, pay later" loans can be hard to track, making it easier for more households to get in over their heads, some experts say.
01/28/2024
Real bond yields (that’s the return on US Treasuries minus inflation) are near six-month lows. And financial conditions are easing as borrowing costs decline, which may help economic growth.
Analysis: Why over-optimistic investors may want to pump the brakes | CNN Business
The glass is half full on Wall Street. But should it be?
01/27/2024
People may feel like debt is a burden on them, but not all debt is necessarily a negative burden, right?
The Importance of Interest Rates in Paying Down Your Debt - Your Money Briefing - WSJ Podcasts
Paying down debt can improve someone’s credit score and open opportunities for financial milestones like a house or car. WSJ’s Bourree Lam and Julia Carpenter, authors of “The New Rules of Money,” join host J.R. Whalen to discuss the importance of tracking your interest rates when choosing d...
01/26/2024
Nearly half, or 49%, of card holders carry credit card debt from month to month on at least one card, up from 46% last year, the report found, and 56 million cardholders have been in debt for at least a year.
This Week In Credit Card News: More Americans Drowning In Card Debt
A summary of what took place this week in the credit card and payment industries
01/25/2024
After a tech-driven rally pushed the market to new record highs, earnings in other sectors served as the key market movers on Tuesday.
Stock market today: S&P 500 vaults to fresh high while earnings drag on Dow
The benchmark average hit a record high as investors turned to a fresh set of corporate earnings for direction.
01/24/2024
Those plans are supposed to lead to debt forgiveness after a set period, but historically, this hasn’t always happened because loan servicers failed to keep track of borrowers’ payments, experts say.
Biden administration to forgive $4.9 billion in student debt for 73,600 borrowers
The Biden administration announced Friday it would forgive $4.9 billion in student debt for 73,600 borrowers.