By Julie Jaggernath If you’ve been spending your time shoveling snow recently, try using it as a chance to think about what money management tips…
President Donald Trump on Friday announced the nomination of Kevin Warsh to serve as the next chairman of the Federal Reserve following a lengthy deliberation process. Warsh, who previously served as a member of the Fed’s…
Jose Luis Pelaez Inc/Getty Images Key takeaways Short-term loans provide financing with a brief repayment period and often require collateral to obtain. These loans are generally capped at $2,000 and are often used by borrowers who are strapped for cash or who have a low credit score. Loan funds are…
Holiday spending came in at the high end of projected ranges for 2025 despite numerous economic challenges. According to Mastercard, U.S. retail sales (excluding automotive) increased 3.9% year-over-year from Nov. 1 through Dec. 21, 2025. CNBC and the National Retail Federation published a similar increase, reporting holiday sales grew 4.1%…
Saks Global announced the majority of its Saks OFF 5TH locations across the United States will now be closing, just weeks after a bankruptcy filing. The luxury retailer said 23 of its Saks OFF 5TH stores will cease operations on Monday, Feb. 2, while another 34 will hold closing sales…
Maca and Naca/GettyImages The average tax refund tends to be just over $3,000, but that number might climb to north of $4,000 in 2026, thanks to the massive tax bill that became law in 2025. That law included a higher standard deduction amount, more generous tax brackets and other changes…
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New York City tops the list of U.S. cities where the cost of living is rising fastest, followed by three cities in California, according to a new analysis of inflation rates across major metropolitan areas.…
