Money

Long Lines are Back at U.S. Food Banks as Inflation Hits High

Long Lines are Back at U.S. Food Banks as Inflation Hits High

FINANCE | By Anita Snow and Eugene Garcia | Jul 15, 2022

Long lines are back at food banks around the U.S. as working Americans overwhelmed by inflation turn to handouts to help feed their families.

U.S. Inflation Surges Again in June, Raising Risks for Economy

U.S. Inflation Surges Again in June, Raising Risks for Economy

FINANCE | By Christopher Rugaber | Jul 14, 2022

U.S. inflation surged to a new four-decade high in June because of rising prices for gas, food and rent, squeezing household budgets and pressuring the Federal Reserve to raise interest rates aggressively.

Surging Gas Prices Likely Drove U.S. Inflation to 40-Year High

Surging Gas Prices Likely Drove U.S. Inflation to 40-Year High

FINANCE | By Christopher Rugaber | Jul 13, 2022

U.S. inflation likely reached a new 40-year high in June, driven up by a spike in gas costs, more expensive food and rent, and pricier cars and hotel rooms.

Best Day Trading Strategies for Cryptocurrency

Best Day Trading Strategies for Cryptocurrency

FINANCE | Jul 12, 2022

Day trading is one of the ways through which traders can make profits with their cryptocurrency. If you are new to this type of trade, we will show you the best day trading strategies for cryptocurrency.

State Lotteries Transfer Wealth Out of Needy Communities

State Lotteries Transfer Wealth Out of Needy Communities

FINANCE | Jul 12, 2022

State lotteries have nearly doubled in size over the past two decades, driving a multibillion-dollar wealth transfer from low-income U.S. communities to powerful multinational companies.

What to Know about Public Service Loan Forgiveness

What to Know about Public Service Loan Forgiveness

FINANCE | By Adriana Morga and Cora Lewis | Jul 12, 2022

More than 145,000 U.S. borrowers have had the remainder of their student loan debt canceled through the Public Service Loan Forgiveness program, and officials say many more likely qualify.

Crypto Plunge is Cautionary Tale for Public Pension Funds

Crypto Plunge is Cautionary Tale for Public Pension Funds

FINANCE | By Steve Karnowsky | Jul 11, 2022

The plunge in prices for Bitcoin and other cryptocurrencies in recent weeks provides a cautionary tale for the handful of public pension funds that have dipped their toes in the crypto pool.

Work at a School or Nonprofit? You Could Erase Student Loans

Work at a School or Nonprofit? You Could Erase Student Loans

FINANCE | By Cora Lewis and Adriana Morga | Jul 7, 2022

More than 145,000 borrowers have had the remainder of their federal student loan debt canceled through a program for people who work for schools, governments or nonprofits.

Millennial Money: Getting Therapy when Cost is a Barrier

Millennial Money: Getting Therapy when Cost is a Barrier

FINANCE | By Sara Rathner | Jun 29, 2022

There are multiple ways to access care at a variety of price points, including telehealth options.

Families Brace for Changes to Pandemic-Era Free School Meals

Families Brace for Changes to Pandemic-Era Free School Meals

FINANCE | By Lisa Rathke | Jun 28, 2022

For families already strained by inflation and the end of other federal help like expanded child tax credits, advocates say cuts to the aid could mean turning more frequently to food banks.

The Latest Bitcoin Developments That Investors Should Know

The Latest Bitcoin Developments That Investors Should Know

FINANCE | Jun 27, 2022

Are you wondering whether Bitcoin has any development? If so, here are the latest Bitcoin developments that investors should know.

Top Reasons to Invest in Ethereum

Top Reasons to Invest in Ethereum

FINANCE | Jun 27, 2022

Ethereum has increasingly attracted investors worldwide. Find out the top reasons to invest in Ethereum.

Can Bitcoin Be Collateral for a Loan?

Can Bitcoin Be Collateral for a Loan?

FINANCE | Jun 27, 2022

Are you wondering whether you can use Bitcoin as collateral for a loan? If so, here's what you should know about backing a loan with Bitcoin-backed.

What's the Impact of a Russian Debt Default?

What's the Impact of a Russian Debt Default?

FINANCE | Jun 27, 2022

Russia calls any default artificial because it has the money to pay its debts but sanctions have frozen its foreign currency reserves held abroad.

A Roof over Their Head: Churches Use Tiny Homes for Homeless

A Roof over Their Head: Churches Use Tiny Homes for Homeless

FINANCE | By Holly Meyer | Jun 27, 2022

Churches across the U.S. are tackling the big question of how to address homelessness in their communities with a small solution: tiny homes.

Gas Prices Sting U.S. Workers who Depend on Their Cars

Gas Prices Sting U.S. Workers who Depend on Their Cars

FINANCE | By Dee-Ann Durbin | Jun 23, 2022

Millions of Americans who rely on their cars for work are changing their habits, signing up for carpools or even ditching their cars for bicycles as gas prices recently hit $5 per gallon

Crypto Investors' Hot Streak Ends as Harsh 'Winter' Descends

Crypto Investors' Hot Streak Ends as Harsh 'Winter' Descends

FINANCE | By Ken Sweet and Fatima Hussein | Jun 21, 2022

As prices plunge, companies collapse and skepticism soars, fortunes and jobs are disappearing overnight, and investors' feverish speculation has been replaced by icy calculation.

AP Interview: Biden Says a Recession is 'Not Inevitable'

AP Interview: Biden Says a Recession is 'Not Inevitable'

FINANCE | By Josh Boak | Jun 17, 2022

President Joe Biden said Thursday the American people are "really, really down" after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline prices.

Biden Signs New Shipping Law he Says Can Cut Consumer Costs

Biden Signs New Shipping Law he Says Can Cut Consumer Costs

FINANCE | By Will Weissert | Jun 17, 2022

President Joe Biden signed legislation Thursday meant to make shipping goods across oceans cheaper — a move the White House says will help lower retailer costs.

Fed's Aggressive Rate Hikes Raise Likelihood of a Recession

Fed's Aggressive Rate Hikes Raise Likelihood of a Recession

FINANCE | By Paul Wiseman | Jun 16, 2022

Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed's efforts so far to tame it.

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