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Author: Medora Lee, USA TODAY

Money

Gen Z’s debt has ballooned. Is this worrisome?

June 28, 2023Medora Lee, USA TODAYComments Off on Gen Z’s debt has ballooned. Is this worrisome?

Gen Z’s debt soared over the past 2 years. Is this worrisome? Also, see how your generation fared.

Money

Looking for help buying a car? Ask ChatGPT. How new plugins can save you time (and money).

June 27, 2023Medora Lee, USA TODAYComments Off on Looking for help buying a car? Ask ChatGPT. How new plugins can save you time (and money).

Edmunds.com and CarGurus.com each launch new ChatGPT plugins to make car shopping easier and friendlier for those who aren’t car experts.

Money

High car insurance prices are worrying Americans. See who’s paying the most and least in the US.

June 23, 2023Medora Lee, USA TODAYComments Off on High car insurance prices are worrying Americans. See who’s paying the most and least in the US.

Americans are increasingly worried about how they’ll pay for car insurance. See which states have the highest premiums and they might go even higher.

Money

California wants to make electricity more affordable for poor people by charging rich more

June 20, 2023Medora Lee, USA TODAYComments Off on California wants to make electricity more affordable for poor people by charging rich more

California’s dramatic plan for electricity bills means rich people would pay more to support the power grid and the state’s transition to net zero.

Money

Recession or no recession? Why Deutsche Bank says an economic downturn is 100% inevitable

June 15, 2023June 17, 2023Medora Lee, USA TODAYComments Off on Recession or no recession? Why Deutsche Bank says an economic downturn is 100% inevitable

The U.S. economy boomed and now, it’s time to bust, Deutsche Bank says. The investment bank sees 100% chance of U.S. recession this year. Here’s why.

Money

Taxes take a bite of more people’s Social Security benefit each year. Here’s why.

June 15, 2023Medora Lee, USA TODAYComments Off on Taxes take a bite of more people’s Social Security benefit each year. Here’s why.

It’s not just inflation that’s cutting the buying power of your Social Security benefit. Taxes are, too. Here’s how.

Money

There was not a Fed rate hike in June. But, Americans are still paying for the last 10

June 14, 2023June 15, 2023Medora Lee, USA TODAYComments Off on There was not a Fed rate hike in June. But, Americans are still paying for the last 10

The Fed passed on raising rates in June, but consumers are already reeling from the last 10 in a row. They should stay focused on paying down debt.

Money

Inflation cools again as CPI data shows grocery prices fell, food cost eased; live updates

June 13, 2023June 13, 2023Medora Lee, USA TODAYComments Off on Inflation cools again as CPI data shows grocery prices fell, food cost eased; live updates

CPI report shows inflation fell to 4% in May, a new 2-year low, as gas prices, food price gains eased. Core consumer price increases remained high.

Money

Who needs pricey lululemon leggings or Dyson Airwrap when you can get affordable dupes?

June 12, 2023Medora Lee, USA TODAYComments Off on Who needs pricey lululemon leggings or Dyson Airwrap when you can get affordable dupes?

People aren’t letting inflation crimp their style. They’re turning to social media to find affordable dupes, or duplicates of the most coveted items.

Money

Inflation’s easing. Do Americans still need their I bond protection? Experts weigh in

June 11, 2023Medora Lee, USA TODAYComments Off on Inflation’s easing. Do Americans still need their I bond protection? Experts weigh in

Americans snatched up I bonds amid 40-year inflation in 2022. Now that prices are cooling and rates are rising, I bonds are losing their luster.

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