Perspective | 7 ways to reduce your credit card debt after the Fed rate hike

Placeholder when loading item promotions It’s the worst guilt one can carry in good times. It can be depressing when the economy is struggling with high inflation, a falling stock market and now rising interest rates. Do you have credit card debt? Now it’s time to come up with a plan to pay off that … Read more

Five ways the Fed’s rate hikes will affect Americans

The Federal Reserve announced a 75 basis point rate hike on Wednesday, a 50 percent larger hike than the central bank originally announced for June. The move comes after inflation hit a new 40-year high last week and consumer prices soared 8.6 percent from a year ago. Fed watchers predict the bank’s benchmark Federal Funds … Read more

Five ways the Fed’s rate hikes will affect Americans

The Federal Reserve announced a 75 basis point rate hike on Wednesday, a 50 percent larger hike than the central bank originally announced for June. The move comes after inflation hit a new 40-year high last week and consumer prices soared 8.6 percent from a year ago. Fed watchers predict the bank’s benchmark federal funds … Read more

Perspective | Seven ways to financially prepare for a recession

Placeholder when loading item promotions Inflation is at a 40-year high. Interest rates rise. And gasoline prices have reached a staggering $5 a gallon. The stock market is taking investors on a rollercoaster ride of terrifying falls. Even if you haven’t checked recently, you know that the value of your retirement account has gone down. … Read more

These are some of the ways Americans are adjusting to rising inflation

A customer shops at a grocery store in San Rafael, California on June 8. Inflation has risen to its highest level in almost 40 years, and Americans are having to adjust some of their spending habits. Justin Sullivan/Getty Images Hide caption toggle caption Justin Sullivan/Getty Images A customer shops at a grocery store in San … Read more