A company that owns two national for-profit college chains said Thursday that it will erase nearly $500 million in debt incurred by former students as part of a settlement with 48 states and the District of Columbia. The deal with Career Education Corporation will resolve allegations that it lied about job placement rates and misled […]
SAN FRANCISCO (AP) — Apple acknowledged that demand for iPhones is waning, confirming investor fears that the company’s most profitable product has lost some of its luster. The reckoning came in a letter from Apple CEO Tim Cook to the company’s shareholders released after the stock market closed Wednesday. Cook said Apple’s revenue for the […]
EAST RUTHERFORD, N.J. (AP) — Police say an armored truck spilled cash on a New Jersey highway, causing multiple crashes as motorists stopped to grab the money. Police Capt. Phil Taormina says it looks as if the armored vehicle had an issue with the locking device on one of its doors. The chaos happened Thursday […]
With unemployment at historic lows, rising wages and consumer confidence have hit an 18-year-high. Consumers are understandably in good cheer and ready to go out and spend this holiday season. But for you, the thrill of the deal can quickly turn in to despair over the debt if you go overboard with your holiday gift […]
Why is financial anxiety on your mind? Numerous surveys have found that Americans feel more anxious than ever before, and financial decisions and pressure are significant drivers of this. Despite a strong economy and low unemployment, more Americans cite money as the biggest source of stress in their life. According to a recent study by […]
When Georgia couple Jeff and Michelle Green came across a deposit bag with almost $25,000 inside on Nov. 16., they immediately turned it over to police, not knowing that an investigation had already been launched into the missing cash. Rincon Police Department received a call that same day from local business owner Gautambhai Patel, who said he lost that very bag of money that […]
TODAY IS THE BIGGEST ONLINE SHOPPING DAY ALL YEAR, AND YOU HAVE SOME ADVICE FOR US. Today is Cyber Monday. Americans are expected to spend $7.8 billion online, according to projections from Adobe Analytics, meaning it will be the single largest online shopping day in U.S history, eclipsing Black Friday ($5.9 billion) and Thanksgiving ($3.3 […]
Why are we so irresponsible with our money? Floyd Mayweather Jr. just bought $5.3 million worth of jewelry and rappers and athletes constantly buy ridiculously expensive cars and jewelry. This is why our culture is so obsessed with instant gratification. Have we not watched celebs like Toni Braxton go bankrupt? Russ suggests teaching our kids […]
If Black Friday and Cyber Monday’s emphasis on consumerism is just too much for you, there is a viable option to search for unique Christmas gifts while supporting local, small and Black businesses. The less popular Small Business Saturday option encourages shoppers to patronize small businesses, whether in person or online. Here are a few […]
Roslyn Baitney claims that Wells Fargo is responsible for losing close to $9,000 of her money after she tried to use the drive-thru deposit system at a branch in Georgia, Channel 2 Action News reports. Baitney told the news station she drove to the bank Nov. 9 to deposit nearly $9,000 in cash. She sent […]
What do the mid-term results mean for the economy and for everyday Americans? We are unlikely to see significant changes to economic policy, at least in the short term. As a result, while the results will certainly have ripple effects, they are unlikely to affect the core foundations of the economy. As Warren Buffett says, […]
Real Housewives of Atlanta star Nene Leakes has stated numerous times on the hit Bravo series that she is “rich”… “Donald Trump rich” — to be exact. But just how rich is she? As reported by radaronline.com, for the past decade she has been building her brand and has accrued a net worth of $14 million dollars. But where […]
