After a week of bearish action, Federal Reserve Chair Jerome Powell’s Jackson Hole remarks were a welcome curveball. Most indexes ripped almost 2% on Friday on hints that a rate-cut cycle could kick off in September. Rate cuts are a tailwind for growth, and tech sits squarely in that lane. Most of the “Magnificent Seven”…
Ashley St. Clair, widely known as Elon Musk’s former partner and as the mother of one of his children, has disclosed that she is facing severe financial struggles through her recent social media posts. She revealed she is “broke” and on the verge of eviction, shedding light on the challenges she is experiencing currently. Apart…
The Good Brigade | Digitalvision | Getty Images Mortgage rates have been declining, making conditions favorable for some homeowners to refinance, experts say. The average 30-year fixed rate mortgage was 6.58% for the week ending Thursday, August 14, down from 6.63% the week prior, according to Freddie Mac. Mortgage rates have come down a point…
With so many companies reporting earnings over the last two weeks — including the new entry, Chime — we thought it would be a good time to take a look at the category of personal finance in our app provider rankings. And it’s a good thing we did, because the top movers for July in…
Alina Rudya/bell Collective | Digitalvision | Getty Images I didn’t think much of my daily cell phone use during a vacation to Paris in May. But by the end of the five-day trip, I’d amassed almost $50 in extra charges — for fairly routine tasks like checking restaurant hours and menus, or researching neighborhood attractions…
Halfpoint Images | Moment | Getty Images Consumers are racing to buy electric vehicles before a fast-approaching deadline to claim tax credits worth up to $7,500, according to auto analysts. Legislation championed by Republicans on Capitol Hill and signed by President Donald Trump in July eliminates the tax breaks — available for new, used and…
Dowell | Moment | Getty Images President Donald Trump‘s blanket tariffs scheduled to begin on Aug. 1 could soon bring higher prices on certain foods, according to some experts. Tariffs are a tax imposed by foreign nations, paid by domestic companies that import goods or services. U.S. consumers are expected to pay higher prices via…
U.S. President Donald Trump meets with Philippine President Ferdinand Marcos Jr. (not pictured), in the Oval Office at the White House in Washington, D.C., U.S., July 22, 2025. Kent Nishimura | Reuters President Donald Trump on Tuesday said the administration is considering ending capital gains taxes on home sales to boost the housing market. When…
Swaths of California are seeing housing prices drop, thanks largely to the combination of increased inventory and sky-high interest rates. Even markets that are typically somewhat immune to general trends and consistently robust — like Mountain View and San Diego — have softened over the past year. But there are still plenty of places in…
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