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Money

News related to money, savings and the economy.

Americans turn to sausage as economic pressures persist, survey finds

Americans turn to sausage as economic pressures persist, survey finds

A new survey reveals that more Americans are opting for sausage over pricier meats.

September 3, 2024 1:23pm EDT
Social Security September payment schedule: Here’s when beneficiaries will get their checks

Social Security September payment schedule: Here’s when beneficiaries will get their checks

Many Social Security retirement, disability, and survivor beneficiaries will receive their September payments on either the second, third, or fourth Wednesday of the month.

September 3, 2024 7:54am EDT
Where Trump, Harris stand on easing childcare costs

Where Trump, Harris stand on easing childcare costs

On this topic, Trump and Harris have one main commonality: Both have supported a higher child tax credit. Here’s what they’ve said.

August 28, 2024 11:33am EDT
Kroger, other retailers charging fees for 'cash back' at registers

Kroger, other retailers charging fees for 'cash back' at registers

A recent report finds that some big retailers are levying fees on consumers who are asking for cash back during transactions at stores.

August 28, 2024 11:22am EDT
Here's how much long-term renters spend on average, and most affordable states for renters

Here's how much long-term renters spend on average, and most affordable states for renters

With U.S. home prices and mortgage rates still high, many Americans remain renters – often spending a large percentage of their income on housing.

August 26, 2024 10:14am EDT
Poverty and infant mortality falls among Michigan children, but so did reading skills, latest report shows

Poverty and infant mortality falls among Michigan children, but so did reading skills, latest report shows

The pandemic had a range of impacts on children, from more available federal money that lifted kids out of poverty to keeping them out of the classroom and disrupting their learning.

August 26, 2024 5:35am EDT
Report: Millennials have gained wealth faster than their parents did at same age

Report: Millennials have gained wealth faster than their parents did at same age

Inflation-adjusted wealth for younger Americans surged 49% since right before the COVID-19 pandemic.

August 23, 2024 4:27pm EDT
Fed to cut interest rates next month - with consequences for debt, mortgages, auto loans, and more

Fed to cut interest rates next month - with consequences for debt, mortgages, auto loans, and more

The chair of the Federal Reserve announced Friday that rates will start coming down next month - and even steeper rate cuts are possible afterwards.

August 23, 2024 11:59am EDT
Michigan's new minimum wage - here's what it could go up to as state seeks clarification

Michigan's new minimum wage - here's what it could go up to as state seeks clarification

The high court's monumental decision reviving the Wage Act will have big implications for the minimum wage next year.

August 22, 2024 1:16pm EDT
Gen Z cynical about future as majority call cost of living the number one election issue

Gen Z cynical about future as majority call cost of living the number one election issue

Gen Z young adults are "struggling to remain optimistic" about their economic futures, a new report says, as rising costs of living and unaffordable housing prices make them re-evaluate their dreams.

August 21, 2024 8:32pm EDT
The most and least affordable metros to raise kids, and one state parents should avoid: Report

The most and least affordable metros to raise kids, and one state parents should avoid: Report

An analysis by Creditnews Research detailed the most and least affordable metropolitan areas in the United States to raise a family amid high inflation.

August 21, 2024 7:31am EDT
Inflation eases in July, but these cities are dealing with the worst of it: Study

Inflation eases in July, but these cities are dealing with the worst of it: Study

Inflation fell in July to the lowest level in more than three years.

August 14, 2024 7:24pm EDT
2025 Social Security COLA increase: What we know

2025 Social Security COLA increase: What we know

Social Security recipients are expected to see an increase in their monthly benefits next year and here’s what you need to know.

August 13, 2024 12:02pm EDT
Cash App settlement: How to submit a claim for up to $2,500

Cash App settlement: How to submit a claim for up to $2,500

If you’ve used Cash App in the last six years, you may be eligible for up to $2,500 as part of a class-action settlement over security breaches.

August 9, 2024 11:33am EDT
Some Americans to receive rare second Social Security payment in August

Some Americans to receive rare second Social Security payment in August

Here's why some Social Security recipients will receive two checks in August.

August 9, 2024 11:01am EDT
Americans owe record $1.3 trillion in credit card debt

Americans owe record $1.3 trillion in credit card debt

Credit card debt has reached record levels in the U.S., a troubling sign that consumers are increasingly relying on credit cards to cover everyday costs.

August 7, 2024 9:54am EDT
Economist urges Fed to meet 'now' to cut rates as stocks tumble: It's a 'frightening time'

Economist urges Fed to meet 'now' to cut rates as stocks tumble: It's a 'frightening time'

Economist Stephen Moore urged the Federal Reserve to address falling commodity prices and shift from inflation concerns to deflation, while Fed Chairman Jerome Powell indicated a potential rate cut if inflation cools, amidst a market meltdown driven by recession fears.

August 5, 2024 4:36pm EDT
Wall Street tumbles Monday amid global fears of U.S. economy slowing

Wall Street tumbles Monday amid global fears of U.S. economy slowing

The S&P 500 was down by 3.1% in morning trading, coming off its worst week in more than three months. The Dow Jones Industrial Average was down 956 points, or 2.4%, as of 10:10 a.m. Eastern time, and the Nasdaq composite slid 4%.

August 5, 2024 10:37am EDT
Study ranks US states with most financially-distressed residents

Study ranks US states with most financially-distressed residents

WalletHub's recent study reveals the U.S. states with the most financially-distressed residents, highlighting surprising trends and economic struggles. Michigan tops the list, followed closely by Texas and Nevada.

August 1, 2024 5:52pm EDT
The economy is young voter's top issue in Michigan, other swing states this election

The economy is young voter's top issue in Michigan, other swing states this election

A poll of young voters ahead of the 2024 election found one issue dominated all others when they considered who they want for president.

August 1, 2024 4:02pm EDT
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Hyperbaric chamber explosion: No charging decision by judge in 5-year-old's death

Hyperbaric chamber explosion: No charging decision by judge in 5-year-old's death

'Pure evil:' Family of Warren man who was stabbed to death in barricade incident sound off

'Pure evil:' Family of Warren man who was stabbed to death in barricade incident sound off

Michigan lawmakers propose cutting property taxes for people who don't use public schools

Michigan lawmakers propose cutting property taxes for people who don't use public schools

Erebus Haunted Attraction opening after Christmas for special winter haunt in Pontiac

Erebus Haunted Attraction opening after Christmas for special winter haunt in Pontiac

Domestic violence caught on camera leads to arrest in Oakland County

Domestic violence caught on camera leads to arrest in Oakland County

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Macomb flooding mystery solved after crews discover sandbags beneath culvert

Sandbags walls behind horrible flooding in Macomb County, officials say

Luke Air Force Base lockdown lifted after reports of active shooter incident

Luke Air Force Base lockdown lifted

Trump gives fed workers off on Christmas Eve, December 26

Trump gives fed workers off on Christmas Eve, December 26

The 'Patriot Games': What we know about Trump's proposed high school athletic competition

The 'Patriot Games': What we know about Trump's proposed high school athletic competition

DTE gets approval for data center in Saline Township

DTE gets approval for data center in Saline Township

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