Would you like to make money, but don’t know where to begin? You’re not alone. Aside from their regular jobs, 16 percent of adults performed side gigs to earn extra income. Among them, 64 percent spent fewer than 20 hours doing those jobs during that period, according to the Federal Reserve Board’s Economic Well-Being of U.S….
How to Grocery Shop During a Recession
By Nicole Dieker From Bankrate.com Groceries are more expensive than ever. In July 2022, the U.S. Bureau of Labor Statistics released data indicating that the cost of groceries had increased by 12.2 percent over the last twelve months. If you’re trying to inflation-proof your finances, you could be experiencing a lot of grocery-related financial stress…
Americans Looking for Extra Work to Cope With Rising Inflation: Survey
Millions of Americans are working at side hustles or gig jobs due to economic challenges over the past two and a half years, according to recent survey by workforce service platform Bluecrew. As unemployment rates began to recover from the pandemic and Americans returned to work, inflation rates began to soar to the highest level in…
The Unsure Future of Social Security and Your Retirement
In the past, Americans looked forward to the day they could retire and collect Social Security. It was something that you could count on because you had been paying for it your whole working life. Now, it seems this staple of life can no longer be counted on in the not-so-distant future. What the Social…
Inflation Drives More Americans to Skip Bill Payments: Bank of America
September 28, 2022
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Business & Marketseconomyenergyenergy costshigh inflationinflationpersonal financeUSUS Newsutility payments
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Out-of-control inflation is now forcing a significant proportion of Americans to skip their utility payments, according to Bank of America (BoA). “Around 17 percent of households had either missed or made a late payment. For households with income below $50K, the proportion rises to 25 percent,” BoA said in a Sept. 23 report detailing the…
US Home Heating Costs Set to Increase by 17 Percent, Says Energy Group
Winter is coming, and experts are predicting that it will be an expensive one for American households nationwide. The average U.S. household heating bill is expected to increase by 17.2 percent this winter compared to last year, according to a forecast by the National Energy Assistance Directors Association (NEADA). Families had already faced higher than average electric bills last…
US Home Heating Costs Set to Increase by 17%, Says Energy Group
Winter is coming, and experts are predicting that it will be an expensive one for American households nationwide. The average U.S. household heating bill is expected to increase by 17.2 percent this winter compared to last year, according to a forecast by the National Energy Assistance Directors Association (NEADA). Families had already faced higher than average electric bills last…
Personal Finance for Newbies
Managing your personal finances involves managing both short- and long-term aspects of your finances. It also refers to an industry that offers products and services to help individuals manage their finances and investments. But, if you’re new to personal finance, all that may not mean much to you. So, let’s explain why personal finance is…
How Major US Stock Indexes Fared Tuesday Sept. 27, 2022
Stocks ended a wobbly day with mixed results on Wall Street as markets continue to be unstable amid worries about a possible recession. The volatile trading came a day after the Dow Jones Industrial Average followed other major U.S. indexes into a bear market. The S&P 500 slipped 0.2 percent, the Dow fell a bit…
Closing Prices for Crude Oil, Gold and Other Commodities (Sept. 27)
September 27, 2022
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Benchmark U.S. crudeBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for November delivery rose $1.79 to $78.50 a barrel Tuesday. Brent crude for November delivery rose $2.21 to $86.27 a barrel. Wholesale gasoline for October delivery rose 11 cents to $2.49 a gallon. October heating oil rose 13 cents to $3.26 a gallon. October natural gas fell 25 cents to $6.65…
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