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The Latest Breaking News from Matt Schulz

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

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

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

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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

When Helping Mom and Dad Hurts Your Wallet

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

Kiplinger

Trump’s tariffs are a $29 billion tax on Americans’ holiday shopping bills, Lending Tree says

The tariff regime will cost you an extra $132 for gifts this year, which could have "a real impact on many families," LendingTree's Matt Schulz says.

Fortune

Household Debt Just Hit a New Record — Are You at Risk?

GoBankingRates takes a closer look at where the debt has risen -- and whether you're at risk.

GOBankingRates

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Looking To Earn Six Figures Without A Degree? Try One Of These Professions

For years, we've been told that the only way to make six figures is with a college degree. Turns out, that may be a myth.

Benzinga

One in three businesses says they plan to raise prices as Trump’s tariffs begin and inflation grows

‘There are so many unknowns that it’s nearly impossible to predict what the next few weeks will look like,’ analyst says

The Independent UK

A quarter of U.S. consumers are now financing groceries with buy-now, pay-later as economic pressures mount, survey says

More than 40% of buy-now, pay-later users made a late payment in the past year, up from 34% the year before, according to data from Lending Tree.

Fortune

Restaurant Guests Tip $7, Are Chased Out The Door By Angry Server

A family dining in a restaurant left a meager amount for the server's tip, and were left taken aback when he chased after them to ask for more.

Bored Panda

Equifax slapped with $15 Million fine: Is your credit report at risk?

The CFPB cited Equifax’s failure to investigate disputes and resolve errors as part of its crackdown on credit reporting.

Fortune

Fintech Yendo aims to 'stamp out' payday lending with vehicle-backed credit card

“The size of the U.S. population that is credit strapped is so much bigger than people realize. We’re trying to solve this.”

Fortune

1 in 3 Americans Took On Holiday Debt - Here's How To Pay It Off Like A Pro

Experts comment on the financial difficulties and provide advice on debt management. According to a recent poll, 36% of consumers took on holiday debt, with the average amount reaching $1,181.

International Business Times

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The Independent UK

The Federal Reserve expects to cut rates more slowly in 2025. Here's what that could mean for you

The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

Benzinga

Thanksgiving Dinner Gobbles Up 19% More Cash This Year, Many Holiday Hosts 'Already Regret Their Decision'

Over half, 56%, of Americans say they plan to host guests for Thanksgiving this year. With costs rising 19% from last year, consumers are feeling the pinch.

International Business Times

Budget Horror: Consumers Plan To Spend Less For Halloween Due To Inflation: Study

Many Americans plan on creating do-it-yourself costumes to save a buck.

The Independent UK

The Federal Reserve is finally lowering rates. Here's what consumers should know

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

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Fortune

Will Capital One's merger with Discover lead to higher fees?

If the Capital One and Discover merger goes through, customers may have to deal with changing payment processing networks and higher interest rates and fees.

Bored Panda

50 Hilariously Wholesome Dog Ratings To Brighten Up Your Day (New Pics)

Quite a few dogs out there have the power of making even the most tough-looking person go whosagoodboyyesyouare in a high-pitched voice. The post 50 Hilariously Wholesome Dog Ratings To Brighten Up Your Day (New Pics) first appeared on Bored Panda.

The Independent UK

Car buyers bear a heavy burden as Federal Reserve keeps raising rates: Auto-loan rejections are up

The Federal Reserve’s expected move Wednesday to raise interest rates for the 11th time could once again send ripple effects across the economy

The Independent UK

What you should know as the Fed nears the peak of its rate-hiking cycle

The Federal Reserve’s likely decision Wednesday afternoon to leave interest rates alone for the first time in 11 meetings will raise hopes that it may be nearing the end of its rate-hiking campaign to cool inflation

Daily Mirror

Top 16 US cities where you can earn $100k but still struggle to pay all of your bills

Breaking the six-figure income barrier doesn’t automatically mean you’re financially free — at least not in 16 of the 100 largest US metros

The Philadelphia Inquirer

Credit card debt is rising rapidly. Here's how to manage it

Have you felt increasingly overwhelmed by the growing numbers on your monthly credit card bills? Switching to your debit card and paying the minimum payment may not be enough to quickly eliminate the debt.

Fortune

The best credit cards to use at Costco to maximize benefits

The discount superstore does not accept all credit cards and you’ll want to select the card you use carefully to maximize rewards earnings.

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