Economist Mark Zandi says these 22 states have slipped into recession based on 2 clear indicators — could the ripple effects hit your wallet next?
The National Bureau of Economic Research (NBER) defines a recession as a "significant decline in economic activity that is spread across the economy and that lasts more than a few months." In practice, a recession is generally defined as at least two consecutive quarters of a decrease in gross domestic product. (1) Must Read Thanks […]
Experts warn of ‘ghost student’ scam that could leave any American saddled with ‘phantom’ student debt — here’s what to do if you’re targeted
There’s a scam targeting student financial aid, and it’s leaving some Americans with “phantom” student debt. As of October 1, applications for Free Application for Federal Student Aid (FAFSA) are now open. But, along with students, fraudsters will apparently be applying for aid, too. Thanks to Artificial Intelligence, “ghost students” are becoming a major problem […]
Atlanta mom unsure if she should let her influencer daughter, 15, who earns nearly $100K, buy herself a $50K Jeep — what The Ramsey Show tells her
An Atlanta mother called The Ramsey Show with an unusual question: her 15-year-old daughter is a successful social media influencer, earning between $8,000 and $10,000 a month. Her manager projects that she could make $100,000 next year. Now the teen has her heart set on a new Jeep Wrangler, which would cost the teen around […]
Goldman Sachs CEO warns America is barreling towards debt ‘reckoning’ — says national tab will ‘for sure’ blow past $40T. Shockproof your assets now
This article adheres to strict editorial standards. Some or all links may be monetized. America’s ballooning national debt isn’t just a long-term policy concern — it’s setting up the country for serious economic strain, according to Goldman Sachs CEO David Solomon. Must Read Thanks to Jeff Bezos, you can now become a landlord for as […]
Calgary man left paying triple the going rate for solar panels after a door-to-door sales person used high-pressure tactics. Here’s how to avoid a bad deal
As more and more people report being scammed with clever AI schemes or telephone cons, shady in-person sales tactics might seem to be a thing of the past. For a Calgary man, however, that doesn’t seem to be the case. Jay Hector was approached by a salesperson for the solar company Northern PWR, who persuaded […]
Nearly 30M ‘solopreneurs’ bring in $1.7T for the US economy — with many leaning on this 1 thing to punch above their weight. But what are the risks?
Students earning cash with their first side hustle, parents working full-time to support their families and retirees pursuing their entrepreneurial dreams are among those harnessing AI to build their businesses. The release of new generative AI products is empowering sole businesspeople — aka solopreneurs — to develop businesses they only dreamed of building just a […]
Melinda Gates injects $100M into research to end the medical ‘pink tax’ — why women’s health and wealth go hand in hand (and what to do about it)
It’s said that women are often hit with a pink tax — higher costs for goods and services marketed toward them. But when it comes to health care, women tend to pay more, too. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you […]
‘We’re looking at a downsized America’: Kevin O’Leary cautioned any new lifestyle you take on will be a lot ‘smaller’ — here’s how you can prepare
This article adheres to strict editorial standards. Some or all links may be monetized. Rampant inflation has cooled off significantly in America. While it remains slightly elevated, the Federal Reserve dropped the rate from 4.5% to 4.25% in September. But if you think now is the time to upgrade your lifestyle, “Shark Tank” star and […]
The US quietly rolled back some tariffs on products that ‘cannot be grown, mined, or naturally produced’ in America — Trump ‘lowkey’ folding on trade?
During his so-called Liberation Day speech back in April, President Donald Trump unveiled his expansive new tariff policy — including reciprocal tariffs on some 90 countries — and declared it the rebirth of American industry. Yet, just seven days and a global market crash later, Trump paused his reciprocal tariffs. So there is historical precedent […]
Warm, sunny ‘Zoomtowns’ attracted crowds of digital nomad homebuyers in the pandemic — and now they’re desperate to sell. Should you take advantage?
A few years ago, life in America’s “Zoomtowns” seemed golden. The Sun Belt was booming, home listings sparked bidding wars and cash-flush buyers from New York and San Francisco were snatching up properties in Austin, Tampa and Phoenix like it was a race. But the tide has turned, and fast. Must Read Thanks to Jeff […]