The Latest Breaking News from Matt Schulz

Why the Fed raised interest rates and what it means for credit cards, mortgages and savers

One expert said that most credit cardholders will see their rates rise by a quarter-point over the next couple of months

The Independent UK · Sep 16

The Federal Reserve Is Expected To Keep Rates On Hold. Here's Why Borrowing Costs May Stay High

The Federal Reserve is widely expected to leave interest rates unchanged at its July policy meeting, a move that would keep borrowing costs elevated for millions of Americans even as inflation has shown signs of easing.

International Business Times · Jul 28

Nearly 1 in 3 Americans Say They Have Shoplifted This Year as Inflation Strains Budgets, Survey Finds

Respondents reported stealing primarily everyday necessities rather than discretionary items, with food and nonalcoholic beverages among the most commonly stolen goods

Latin Times · Jul 23

Under Donald Trump, billionaires made $1.5 trillion, Trump doubled his own fortune. Meanwhile, 40% Americans can’t even save $500

While a significant portion of Americans grapple with dwindling savings, President Donald Trump’s personal wealth has seen an astonishing surge, climbing over $1 billion in just the past year. This dramatic increase brings his estimated net worth to $6.5 billion, marking a substantial jump of $1.4 billion from last year…

The Mary Sue · Apr 2

The worst housing market in years couldn't stop single women from owning a record-breaking number of homes

Despite a brutal housing market, single women are outpacing single men nearly two to one and making bigger financial sacrifices than ever to get there.

Fortune · Mar 10

A two-child household must earn $400,000 a year for childcare to be affordable, study says. 'It’s easy to see why birth rates are falling'

“Most parents could tell you that childcare costs are astronomical these days and can cause a major financial burden, even for high-income families.”

Fortune · Feb 22

Alabama man faces execution for fatal shooting – despite not pulling the trigger

Charles ’Sonny’ Burton was sentenced to death for a fatal shooting during a 1991 robbery

The Independent UK · Feb 5

Alabama man faces execution despite not pulling the trigger in auto store customer's death

Charles “Sonny” Burton faces execution in Alabama for his role in a 1991 robbery in which a man was fatally shot, even though Burton did not fire the gun or witness the killing

The Independent UK · Feb 3

Over 40% of consumers are still in debt from last year’s holiday purchases

‘It’s forcing some to rely on credit cards more to make ends meet, but it’s pushing some others to look for lower-cost alternatives or to cut back shopping altogether,’ one expert said

The Independent UK · Dec 26, 2025

When Helping Mom and Dad Hurts Your Wallet

New research shows how assisting an aging parent with expenses can strain your own finances.

Kiplinger · Nov 20, 2025