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The Federal Reserve will hike interest rates again: How it affects you

The Federal Reserve is expected on Wednesday to raise interest rates for the seventh time this year to combat stubborn inflation.  The U.S. central bank will likely approve a 0.5 percentage point hike, a more typical pace compared with the super-size 75 basis point moves at each of the last …

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Oracle (ORCL) earnings Q2 2023

Safra Catz, Oracle’s CEO and then one of Oracle’s two co-CEOs, smiles during Oracle’s OpenWorld conference in San Francisco on, Sept. 20, 2016. David Paul Morris | Bloomberg | Getty Images Oracle shares rose as much as 4% in extended trading on Monday after the software company reported results for …

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Here’s what borrowers can do if student loan forgiveness falls though

HOUSTON, TEXAS – AUGUST 29: Students study in the Rice University Library on August 29, 2022 in Houston, Texas. Brandon Bell | Getty Images News | Getty Images After President Joe Biden’s historic announcement that tens of millions of Americans would get up to $20,000 in student loan forgiveness, borrowers’ …

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60% of Americans see crypto investing as highly risky

The majority of Americans increasingly see crypto as a chancy investment. About 60% of Americans believe investing in digital currency is highly risky — up from 45% in 2021, according to the recent CNBC Make It: Your Money survey, conducted in partnership with Momentive. Another 26% believe it is moderately risky. …

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Consumers see inflation easing considerably next year, New York Fed survey shows

Shoppers carry bags of purchased merchandise at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Consumers grew more optimistic about inflation in November amid expectations that both food and energy price increases would be less severe in the coming …

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Annual income Americans say they need to feel rich

There’s plenty of advice out there to help make your life seem more luxurious to you on a budget. But when it comes to actually feeling rich, Americans say a high annual income is key. When asked how much money they’d need to earn annually in order to feel rich, …

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Gen Z, millennials struggle with love-hate relationship to the office

As the debate over the merits of in-person versus remote work continues to rage in companies and cities throughout the U.S., one thing has become painstakingly clear: There is no right answer. Some people have returned to the office full time while others have maintained the workplace flexibility they discovered …

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From Disney to Target, Boeing, CEO retirements are a thing of the past

SUN VALLEY, ID – JULY 13: (L-R) Bob Iger, chairman and chief executive officer of The Walt Disney Company, Dick Costolo, former chief executive officer of Twitter, Lachlan Murdoch, co-chairman of Twenty-First Century Fox, Sundar Pichai, chief executive officer of Google, and Randall Stephenson, chief executive officer of AT&T, mingle …

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What to know as record 8.7% Social Security COLA goes into effect

Kathrin Ziegler | Digitalvision | Getty Images As inflation has kept prices high in 2022, Social Security beneficiaries may look forward to a record high cost-of-living adjustment in 2023. “Your Social Security benefits will increase by 8.7% in 2023 because of a rise in cost of living,” the Social Security …

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Tips for adopting a furry pet for people with allergies

Having a cute and cuddly pet can be an experience like no other. But for some people, furry animals can trigger their allergies. From cats and dogs to hamsters and even horses, being allergic to certain animals is common, says Dr. Purvi Parikh, an allergist and immunologist with the Allergy …

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