Tag Archives: inflation

Credit: HouseMethod.com The average homeowner in Oklahoma must work 72 hours each month to keep a roof overhead, a new report finds. The bad news is Oklahomans are spending nearly two weeks’ salary on their mortgage payment, considerably more than the long-standing rule that people should spend no more than …

FORT WORTH, Texas (CBSDFW.COM) – More North Texans are counting to look for help as they experience the rising cost of rent. This has been an ongoing problem, but now some people are looking for a new place to rent instead. Texans have come to find as rent continues to …

While the war in Ukraine is partly responsible for the cost-of-living squeeze in the UK, the bed for high inflation had already been made following COVID-19 lockdowns and years of big government spending and borrowing, experts told The Epoch Times. David Paton, professor of Industrial Economics at the Nottingham University Business School, …

An electronic board displays exchange rate information at a currency exchange bureau in Istanbul, Turkey, on Monday, Aug. 29, 2022. Nicole Tung | Bloomberg | Getty Images Investors are bracing for another potential interest rate cut – or simply a hold on the current rate – as Turkey refuses to …

Financial adviser answers questions on investing, saving, retirement planning Updated: 5:09 PM EDT Sep 21, 2022 Financial adviser Sean Tole answered questions Wednesday about how to deal with the inflation and rising interest rates in today’s economy.Tole answered questions about preparing for the possibility of unemployment, whether people should make …

After the Federal Reserve raised its key rate once again, American families will face higher borrowing costs for mortgages, credit cards and auto loans.  The Fed on Wednesday raised its policy rate by 75 basis points, to a range of 3 percent to 3.25 percent, in a push to cool …

Forget getting a deal; these days, anyone in the market for a new car could pay thousands over the sticker price before they drive off the lot. Limited inventory due to a persistent shortage of computer chips, along with other supply-chain challenges, helped propel new car prices up 10% from …

Many of us have already turned down our thermostats, ensured we always switch the lights off when we leave a room and swapped to own-brand products at the supermarket. These small changes all make a difference — but what now? The price of everything from groceries to fuel continues to …

It’s been a rough year for the stock market, and some consumers are closing investment accounts due to inflation and volatility concerns, according to a recent survey from Ally Financial.  As investors brace for another major interest rate hike from the Federal Reserve, inflation is still hovering near a 40-year …

CNN  —  When it gets too hot in Denver and Baltimore classrooms, students are sent home because their schools don’t have air conditioning. In Massachusetts, checking for rusty water leaking from a ceiling has become a “morning ritual.” In California, a school’s cockroach infestation has gotten so bad that some …