Brimming retail inventory means deep holiday discounts this year and some relief from inflation.
Author: Medora Lee, USA TODAY
The Daily Money: Ex-Fed chief wins Nobel Prize and how zip code affects Medicare prices
Today’s headlines include Nobel Prize in economics winners, Medicare enrollment considerations and more.
Americans began new businesses at record pace in 2021. Here’s how they’re doing.
Facing 40-year high inflation, small business owners who can’t access traditional bank loans are using various forms of micro loans to stay afloat.
Workers won’t be able to say “I quit” much longer as job openings fall
There’s still 1.67 open jobs for each jobless American, but that’s fast changing as the labor market cools. Next year, 1.2 million jobs could be lost.
Porsche shares power through market turmoil in one of Europe’s biggest market debuts
Shares in Porsche AG rose on their first day of public trading after Volkswagen raised $9.1 billion for one of the largest IPOs in European history.
Health care costs are about to skyrocket. Analysts explain inflation’s drastic impact.
Increases in health care premiums are coming amid skyrocketing rent and food costs, and those higher costs are likely to stick around, analysts warn.
As rates rise, the antidote to volatile stocks could now be bonds. Here’s why.
Bonds are back after a crushing time of low rates, high inflation and economic uncertainty, analysts say. Yields are up and inflation’s stabilizing.
Fed raises interest rates by 0.75% again: Here’s how it will hit your wallet and portfolio
The Fed raised rates for the third time by 75 basis points. Every consumer rate from auto and home loans to savings and credit card will follow.
Seniors are the only age group with more poverty. Here’s why
A million more seniors fell into poverty last year, the only age group to see a rise. Analysts say it’s only going to get worse as inflation soars.
Winter bills will send shivers up your spine with energy prices set to rise, analysts say
A potential spike in energy prices this winter could mean heating your home and filling your car with gasoline could cost you more this winter.