The pressure is particularly intense for individuals grappling with negative equity, a situation where the amount owed surpasses the current value of their cars. Car-loan borrowers are feeling the heat as interest rates rise, exacerbating the predicament for those whose vehicles have seen a decline in value Recent data from the automotive website Edmunds.com, as … Read more
If you are a recipient of Supplemental Security Income (SSI), you likely noticed an extra deposit in your account on December 1st, in addition to your regular December check. This bonus payment includes the much-anticipated 2024 cost-of-living adjustment (COLA), a substantial 3.2% increase from your current benefit amount However, if you are receiving Social Security … Read more
Enbridge, the Canadian pipeline company, continues to be a standout performer for income-seeking investors as it recently declared its 29th consecutive annual dividend increase, solidifying its reputation for delivering an ultra-high-yield dividend. The latest ultra-high-yield dividend raise, amounting to just over 3%, brings the yield to an impressive 7.7% Enbridge’s appeal to investors lies in … Read more
In a span of 18 days, the state, in its commitment to supporting residents facing economic challenges, follows a structured distribution schedule, spreading SNAP payments over five days each month. Montana Food Stamps is gearing up to disburse its January payments, a financial lifeline for many households in need The recent round of payments for … Read more
Jeremy Siegel, often referred to as the “Wizard of Wharton,” shared his optimistic forecast during a keynote address at VettaFi’s 2024 Market Outlook Symposium. Renowned finance expert Jeremy Siegel has boldly predicted a robust economic landscape for 2024, foretelling a surge in both stock and housing markets along with a significant decline in interest rates … Read more
How will getting long-term care insurance in advance before your retirement help you reach your financial goals? Getting Long-Term Care Insurance in Advance Before Retirement Age to Help in Reaching Financial Goals Getting long-term care insurance in advance before your retirement age will reportedly help in reaching financial goals and financial stability, wherein long-term care … Read more
In a recent report by AAA, it has been revealed that gas prices fell across various categories, indicating a significant trend in the market. The price of regular unleaded gasoline experienced a gas prices fell of 5 cents in Iowa, reaching an average of $2.82 per gallon This figure is particularly noteworthy as it stands … Read more
With approximately 44 million Americans burdened by mass student loans totaling over $1.6 trillion, President Joe Biden has taken steps to alleviate this crisis. Mass student loan forgiveness faced a setback in the Supreme Court last summer, but there’s still a chance for significant relief Biden has already wiped out $127 billion in student debt … Read more
In January, prevailing economic sentiments painted a gloomy picture for 2023, with concerns about inflation and rising interest rates hinting at an impending recession. Fundstrat Global Advisors co-founder, Tom Lee took an unconventional stance, predicting a robust performance for the S&P 500, surging nearly 25% to a year-end target range of 4,750 to 4,800 Tom … Read more
In a recent interview with CNBC, John Williams emphasized, “We aren’t really talking about rate cuts right now. It’s just premature to be even thinking about that.” New York Fed President John Williams quashed rumors circulating on Wall Street about a potential reduction in interest rates The statement caught stock market investors off guard, particularly … Read more