The current monthly average retirement benefit of approximately $1,800 raises concerns about the feasibility of such dreams. In envisioning retirement, many dream of leisurely pursuits funded by their US Social Security checks, providing financial security after a lifetime of work and responsibilities The precarious state of the US Social Security fund, slated to exhaust by…
Southwest Airlines’ CEO, Bob Jordan, assured the public that the airline is gearing up for the upcoming Christmas travel season, determined to avoid a repeat of last year’s catastrophic meltdown. Bob Jordan emphasized this commitment at an event held at the Wings Club in New York, confidently declaring, “It will never happen again” In the…
In a surprising turn of events, SmileDirectClub, a once-prominent player in the oral-care industry, has announced the closure of its global operations, leaving over 2 million customers in uncertainty. SmileDirectClub, which filed for Chapter 11 bankruptcy protection in September, has been grappling with financial challenges, accumulating nearly $900 million in debt The Nashville-based company, known…
Here’s how closing bank accounts without notice can negatively affect Chase customers transferring or withdrawing money. Closing Bank Accounts Without Notice to Negatively Affect Chase Customers Seeking to Transfer or Withdraw Money Closing bank accounts without notice can negatively affect customers of Chase and other banks when they seek to transfer or withdraw their money…
This marks the third consecutive pause since July, with the central bank maintaining the federal funds rate in a range of 5.25% to 5.5%. The Federal Reserve declared on Wednesday that it will keep its benchmark interest rate unchanged, extending relief for borrowers following the most rapid series of hikes in four decades Federal Reserve…
How does getting a home equity loan can maintain or improve home value while balancing financial goals? Home Equity Loan to Maintain or Improve Home Value While Still Reaching Financial Goals Getting a home equity loan can reportedly maintain or improve home value while still reaching their financial goals, wherein a home equity loan will…
The Consumer Price Index increased by a modest 0.1% last month, resulting in a 3.1% rise compared to the previous year, aligning with economists’ expectations. Gas prices fell, contributing to a moderation in U.S. inflation in November, according to a report from the Labor Department on Tuesday The core CPI experienced a 0.3% climb, marking…
According to the latest weekly gas prices drop report by AAA, the cost of a gallon of regular, unleaded, self-serve gas in Butler experienced a five-cent drop, hitting $3.54 per gallon as of the most recent Monday. Gas prices drop across local areas and throughout the broader western Pennsylvania region The broader landscape of western…
An Indiana lottery jackpot winner lost a $500 scratch-off prize after posting her winning ticket on her Facebook account. Lottery Jackpot Winner in Indiana Loses $500 Scratch-Off Prize After Posting Her Winning Ticket on Facebook Account A lottery jackpot winner in Indiana named Drena Harris lost her chance to claim a $500 scratch-off prize after…
In a surprising turn of events, a 52-year-old professional, balancing work and family responsibilities, has returned to Central Connecticut State University (CCSU) during the global pandemic to complete his degree in strategic communication. The unique circumstances prompted a reevaluation of the importance of financial literacy classes, leading to a statewide initiative aimed at bridging the…