Costco has sold a staggering $100 million of gold in just three months, its finance chief has revealed. The retailer caused a stir in September when it announced it was selling 1-ounce bars for $1,950 – and such was demand they sold out in minutes. Given the total amount sold, it means its members snapped up … Read more
The US labor market added 150,000 jobs in October – a sharp decline on Sep. Employment in health care was up, while manufacturing jobs were down By Neirin Gray Desai Consumer Reporter For Dailymail.Com Updated: 14:37 GMT, 3 November 2023 The US added 150,000 in October, a significant reduction on the month prior and an indication … Read more
By Tilly Armstrong Assistant Consumer Editor For Dailymail.Com Updated: 20:00 GMT, 7 November 2023 Interest rates may have reached their peak in the US, according to experts, which means investors may be thinking about how this could impact their portfolio – and how they can take advantage. The Federal Reserve announced at its latest meeting … Read more
What it takes to be in the top 5 percent of earners in each state varies hugely across the US, a landmark new report lays bare. Connecticut requires the highest income of any state to make the top 5 percent, according to a study by GOBankingRates. Residents will need to earn a pre-tax household income of … Read more
Number of couples asking for downpayment help has shot up 55% since 2018 Home funds are now the second most popular wedding registry item listed READ MORE: The rise of the ‘NEPO’ homeowner! Four in ten under-30s rely on family money to cover their down payment on a property By Helena Kelly Assistant Consumer Editor For … Read more
America’s red-hot labor market FINALLY starts to cool: Private firms added 89,000 jobs in September -the slowest pace of growth since 2021 Private employers added just 89,000 jobs in September, new report shows Figures fall well below economist’s predictions of 160,000 Red-hot labor market has been repeatedly blamed for keeping inflation high By Helena Kelly … Read more
Revealed: The ‘luckiest’ Powerball numbers in the last 8 years – as jackpot soars to $850 million By Neirin Gray Desai Consumer Reporter For Dailymail.Com Updated: 22:02 BST, 27 September 2023 An estimated $850 million Powerball jackpot will be up for grabs on Wednesday night – the world’s ninth-largest lottery prize of all time. Although no … Read more
The true cost of influencer culture: Americans spent $71 BILLION on social media impulse buys last year – with over half regretting their purchases Some 39 percent of adults purchased an item on social media in the last year Of those that made purchases, 57 percent said they regretted at least one Those who do … Read more
The Federal Reserve has held interest rates steady – keeping benchmark borrowing costs between 5.25 and 5.5 percent. The much-anticipated decision is the second time in six policy meetings this year that the central bank has not raised rates, slowing the pace of increases to allow time to assess the impact of its aggressive drive to … Read more
Household budgets suffered another blow in August as the rate of annual inflation ticked up for the second month in a row, new figures revealed today. The annual rate is now hovering at 3.7 percent – after falling to a low of 3 percent in June. And it remains well above the Fed‘s target of … Read more
Money TikToker reveals the four things to NEVER do when negotiating your salary Patrick Di Cesare said workers should not lie about having other job offers He warned Americans not to weaken their negotiation stance by apologizing The financial guru revealed the tips to his 186,000 followers online By Tilly Armstrong Consumer Reporter For Dailymail.Com … Read more
While having a perfect 850 credit score may be impressive, you do not necessarily need it to secure the best deals. Once you hit 740 you are considered to have an excellent credit score for credit cards, auto loans and other non-mortgage products, according to Ted Rossman, senior industry analyst at Bankrate. ‘For mortgages, I would … Read more