The United States is significantly underperforming in global markets

A trader works on the trading floor of the New York Stock Exchange (NYSE), January 5, 2023. Andrew Kelly | Reuters US stocks have fallen a lot from their global counterparts during the past three months, which is rare in recent years, and analysts expect this difference to widen over the course of 2023. As … Read more

High egg prices due to a “collusion scheme” by suppliers, the group claims

Eggs for sale at high prices in New York on January 21, 2023. Fatih Aktas/Anadolu Agency via Getty Images) Egg prices have risen to historically high levels in 2022 — and one group claims the trend is due to something more outrageous than simple economics. Across all whites, consumers saw average prices rise 60% last … Read more

What do you know about applying for unemployment benefits after a layoff?

Irina Imago | istock | Getty Images A wave of companies, including Amazon, Google and Spotify, have announced massive staff cuts, leaving former employees without pay. Fortunately, the Unemployment Insurance Program, created in 1935, provides support for some people who have lost their jobs. The federal program is administered by the states, and the rules … Read more

Here’s how much people are saying about the cost of not having financial literacy in 2022

domoyega | E + | Getty Images When it comes to money, what you don’t know can hurt you. A report from the National Council of Financial Educators showed that 38% of individuals in a recent survey said their lack of financial literacy cost them at least $500 in 2022, including 15% who said it … Read more

Higher Social Security cost-of-living adjustments may affect your taxes

Allison Michael Orenstein | Getty Images Social Security recipients are just beginning to see a record cost-of-living adjustment of 8.7% in their monthly checks. But when tax time comes, they could see surprises stemming from last year’s 5.9% increase, which at the time was the largest cost-to-use (COLA) increase in four decades. A cost-of-living adjustment … Read more

Retirees fall short of the retirement income replacement ratio

Mstudioimages | E + | Getty Images To maintain your standard of living in retirement, the rule of thumb is that you need to be able to replace at least 70% of the income you were earning while you were working. But many retirees fall short of this retirement income goal, according to research from … Read more

Diabetes and its benefits and risks to personal health online

A system for controlling blood glucose with the help of a smartphone and a skin-mounted meter. Ut Grabowski | photothic | Getty Images The Internet of Things for remote monitoring and management of common health problems is growing exponentially, led by people with diabetes. One in 10 Americans, or 37 million people, has diabetes. Devices … Read more

Crypto Lender Files Genesis Trading for Bankruptcy Protection

Cryptocurrency lender Genesis filed for Chapter 11 bankruptcy protection late Thursday night in Manhattan federal court, the latest casualty in the industry contagion caused by the collapse of FTX and a crippling blow to the business at the heart of Barry Silbert’s crypto conglomerate. The company listed more than 100,000 creditors in a “massive” bankruptcy … Read more

5 things to know before the stock market opens on Friday, January 20th

Here are the top stories investors need to start their trading day: 1. The January march is losing steam Just like many New Year’s resolutions, the January stock market rally faded after only a few weeks. The three major indices are heading for a losing week, while the Dow Jones turned negative for the new … Read more

How to get your credit score above 800 and keep it there

In general, the higher your credit score, the better when it comes to getting a loan. FICO scores, the most common scoring form, range from 300 to 850. A “good” score is generally above 670, a “very good” score is over 740 and anything above 800 is considered “exceptional.” Once you reach that 800 threshold, … Read more