Finance

President Joe Biden said Monday he hopes to decide soon whether to support a temporary pause in the federal gasoline tax and is nearing a decision on student loan relief as he looks to ease the burden of high prices on Americans.

In the past few days, the buzz around GameStop, AMC, and Reddit has dominated the news cycle.  One might’ve noticed several people online discussing investing in stocks and pondered, “What’s going on?”

As EUR previously reported, Tyrese Gibson recently submitted financial docs to the court in his ongoing war with ex-wife Norma Gibson. In an effort to confirm his financial woes, the actor provided evidence that reportedly only pulls in $105,686 every month but his monthly expenses amount to $107,576, which puts him in the red. According […]

Working at home takes a certain set of personality traits. So any moms  considering a work at home endeavor should take a good look at…

Tom: What’s expected for the retail sector during this holiday shopping season? Mellody: That is the big question, Tom. Overall, the retail sector has had a tough fall, with sluggish sales numbers emerging in recent months, and inventories building up as a result. But, people have already been shopping and are expected to spend more than […]

Suzanne Shank is considered to be the first African-American woman to lead a publicly traded financial institution, along with being one of the most powerful women on Wall Street period. As the CEO of two large financial firms, Shank has overseen over $1 trillion in transactions for state and local government agencies. Shank, a native […]

If it’s not sex then it’s money that couples struggle with. Our writer today is in a relationship with a man who can’t manage money. She wants to know should she think about marriage when she knows she can’t depend on him financially. Listen to the audio player to hear Dr. Jennifer Verdolin‘s advice in […]

There comes a time when you have to cut your family off financially, especially when you don’t have it. Listen to the audio player to…

WILMINGTON, DEL. (AP) — The parent company of Atlantic City’s Trump Taj Mahal plans to ask a bankruptcy court judge to let it terminate its union contract. Trump Entertainment Resorts said it needs relief from pension and health insurance costs in order to keep the casino open past mid-November. A judge in Delaware was to […]

Credit card companies know there’s no free lunch, but they’re letting more customers get a taste as an enticement by gouging their existing card members. The NY Post reports: The average credit card interest rate for people with fair credit has hit a shocking 21 percent, up more than 2 percent from only a year […]

WASHINGTON (AP) — Bank of America Corp. is paying $772 million in fines and refunds to settle regulators’ accusations that it misled customers who bought extra credit-card products and illegally charged others for credit monitoring and reporting services they didn’t receive. The Consumer Financial Protection Bureau and the U.S. Office of the Comptroller of the […]

In today’s “Money Mondays” segment, Mellody Hobson discusses IPOs. This morning we are talking initial public offerings? We are, Tom! We have seen an incredible number of IPOs recently, the most recent boom in a crazy IPO market that really started with Facebook. The first quarter of this year has been particularly active. All told, […]