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Private sector job growth cooled to 99,000 in August as new jobless claims dip
The U.S. private sector added fewer jobs than expected in August as the labor market continued to cool off amid high interest rates, according to the ADP National Employment Report released Thursday...
View ArticleNew vehicle prices are lower for the 10th consecutive month: Is now the time...
The wait may be over for car shoppers stalling on their big purchase until prices fall. Cox Automotive reported that vehicle prices were down for the 10th consecutive month in July. But even with...
View ArticlePassive income: How is it taxed?
Passive income and portfolio income are types of income that involve little time or effort. They are considered unearned income (as opposed to earned income from a job) but are still generally subject...
View ArticleRoughly 30% back-to-school shoppers report going into debt over...
Over the past few years, American consumers have been grappling with the impact of inflation on their wallets. With back-to-school season officially underway, basic classroom necessities have also...
View ArticleKamala Harris wants to give small businesses a big tax break. Will it help them?
JEFF KOWALSKY / Contributor/ Getty Images Democratic nominee Kamala Harris proposed several policies this week designed to help create and grow small businesses across the country if she wins the...
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Does Virginia Tax Social Security?
Virginia does not tax Social Security benefits, which means that retirees in the state can get their Social Security income without state tax deductions. However, other forms of retirement income,...
View ArticleHow poor credit can affect your net worth ~ Credit Sesame
Credit Sesame discusses how poor credit affects your net worth and steps you can take to better manager your personal finances. Creditworthiness and net worth are two key concepts in personal...
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Modelo and Corona parent company says weak wine demand could impact earnings
Constellation Brands has been seeing soft demand in its wine and spirits segment — and the alcohol producer recently said it will weigh on its second-quarter results. The company said Tuesday it...
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Surge of foreign-born workers remake American jobs market
A surge of both legal and illegal immigration under the Biden-Harris administration is drastically changing the general makeup of the U.S. jobs market. The major uptick in the immigrant workforce has...
View Article5 Credit Score Myths and Facts
Understanding your credit score is crucial for financial health, yet many misconceptions persist about what affects it and how it operates. These myths can lead to poor financial decisions and...
View ArticleWhat is a car insurance policy number?
Diego Cervo/EyeEm/Getty Images Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them to focus on adding information that...
View ArticleFidelity Investments vs. Vanguard
Fidelity Investments and Vanguard are two of the largest asset managers in the world, with each offering a variety of low-cost funds to meet investors’ needs. But they also operate online brokerages...
View ArticleUnder-the-radar credit card perks you should know
Key takeaways While card perks – like cash back rewards or points – are well-known, many of the lesser-known credit card perks can be useful, too. Cellphone protection, extended warranties and...
View Article8 types of personal loans and their uses — plus 5 to avoid
Key takeaways Personal loans come in many forms, including secured and unsecured loans, debt consolidation loans and personal lines of credit. Unsecured personal loans are common among lenders and...
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Is It Wise to Convert 20% of My IRA to a Roth Each Year to Avoid Taxes and RMDs?
Transferring funds from a pre-tax retirement account such as an IRA to an after-tax Roth IRA is a move many retirement savers might want to consider. A Roth conversion, as the move is called, has many...
View ArticleStocks sink after jobs miss, Trump-Harris tax plans, home retailer closing...
U.S. hiring picked up in August but not as much as economists had forecasted. Stocks sank for the week with September off to a rocky start for investors ahead of the Federal Reserve’s meeting later...
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Mega Millions jackpot grows to $800 million after no grand prize winner
The Mega Millions jackpot jumped to an estimated $800 million after no tickets matched the winning numbers during Friday night’s drawing. The winning numbers drawn on Friday were 6, 23, 41, 59 and 63...
View ArticleWill Debt Management Ruin My Credit?
Debt management is often seen as a double-edged sword. On one hand, it offers a structured path to financial freedom; on the other, it raises concerns about potential damage to your credit score. The...
View ArticleFR-44 insurance: what it is and when you need it
FR-44 insurance is used in Virginia and Florida for drivers who are convicted of a serious infraction, such as a DUI. Despite the name, it’s not actually a type of insurance, but instead is a...
View ArticleHow to invest in the Magnificent 7 stocks
In recent years, a significant portion of the stock market’s returns have been driven by just a handful of companies that have come to be known as the “Magnificent 7.” These seven companies are among...
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