Jobless Claims Fall, But Economic Slowdown Persists
The number of Americans filing for jobless benefits dropped last week, undoing nearly half of the previous week's spike.
McDonald's Ends Free Drink Refills, Sparking A Trend Across Fast Food
Say goodbye to free soda refills at McDonald's, a move that's stirring up more than just the ice in customers' cups.
McDonald's Plans $5 Meal Deal to Win Back Price-Sensitive Diners
McDonald's is reportedly gearing up to introduce a $5 meal deal, aiming to attract customers who felt priced out by recent hikes.
The U.S. is Facing A Retirement Reality Check
A recent survey by asset management firm Schroders revealed that only 4% of retirees feel they are "living the dream," while another 4% are "living the nightmare."
Forbes Advisor Explores the Cost of Savings With Metro and State Rankings
California's reputation for high living costs is well-known, but a recent report from Forbes Advisor highlights other areas across the United States that can put a strain on your wallet.
Fed Finds Comfort in Cooler Job Growth and Wage Increases
On Friday, Federal Reserve officials breathed a sigh of relief as April’s job data revealed a cooling in wage growth and hiring rates that hark back to pre-COVID-19 days.
Rising Interest Rates Push Homebuyers Toward Adjustable Rate Mortgages
In the face of soaring interest rates, many U.S. homebuyers are opting for adjustable rate mortgages (ARMs) as a more affordable alternative to traditional fixed-rate mortgages.
Generational Wealth Transfer of Inheritance Among Millennials Isn’t That Simple
The average net worth for older Americans might seem high, but this number is skewed by wealthier individuals.
U.S. Cities Grapple with Financial Strains Post-Pandemic
Across the United States, municipal governments are tightening their belts as the financial support from the pandemic era fades and inflation persists.
Landstar Navigates Market Challenges with Optimistic Outlook
Landstar System, a logistics company, shared a mixed bag of results in their recent earnings call, staying optimistic despite a tough market.
U.S. Residential Electricity Bills in 2023 Rose Less Than Rate of Inflation
In 2023, the average monthly electricity bill for U.S. homes nudged up by 2% to $138, which was actually less dramatic compared to the overall inflation rate of 4.1%.
California Fast Food Chains Raise Prices in Response to Minimum Wage Increase
Following California's new $20-an-hour minimum wage law that kicked in on April 1, fast food joints across the state have bumped up their menu prices.
Updated Perspectives on Retirement Savings
In recent years, Americans have adjusted their retirement savings targets significantly.
Shipping Costs Rising in Select L.A. County ZIP Codes
If you're using FedEx or UPS for shipping, especially in Los Angeles County, keep an eye on your bills – they're about to go up.
Wealthy Americans Building "Passport Portfolios" for Security and Flexibility
Wealthy American families are increasingly obtaining second, or even multiple, citizenships and residences, a trend highlighted by Henley & Partners, a law firm specializing in high-net-worth citizenships.
New Delivery Surcharges by FedEx and UPS Affecting Urban Areas
FedEx and UPS have introduced Delivery Area Surcharges (DAS) in 82 additional ZIP codes across the US, covering nearly 1% of the population.
California Fast-Food Workers' Wage Hike to $20 an Hour
In California, a significant new law has just kicked in, raising the minimum wage for fast-food workers to $20 an hour.
Where the Wealthy Retire: America's Richest Retirement Towns
Looking for a plush spot to spend your retirement? Well, GoBankingRates.com just ranked the richest retirement towns in the U.S., and it's quite the list!
BlackRock CEO Larry Fink Addresses Retirement System's Strain
Larry Fink, CEO of BlackRock, points out in his annual letter that the U.S. retirement system is under a lot of pressure due to Americans living longer and spending more years in retirement.
Dynamic Pricing Is Coming For Fast Food
In the not-so-distant future, your ideal burger munching time might not align with your growling stomach.