Tag: Consumer spending

Right Now Is a Terrible Time to Spend Money
Money

Right Now Is a Terrible Time to Spend Money

Prices remain high for much of what we buy, even as inflation has slowed. Stingily saving money, meanwhile, is a more profitable activity than it has been in recent memory. Since the Federal Reserve raised interest rates to a two-decade high, any dollar spent today is a lost opportunity to earn as much as 5% or more in savings accounts, certificates of deposit and bonds. High rates also make it significantly more expensive for people to spend money they don’t have, with the annual interest rate on some credit cards pushing 30%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Five Ways Americans Keep Proving Economists Wrong
World

Five Ways Americans Keep Proving Economists Wrong

Listen to article(2 minutes)Americans’ prolonged spending spree has confounded economists and resulted in a surging U.S. economy. What’s keeping their feet off the brakes?A strong labor market, resilient savings stockpiles and rising values of their homes have consumers feeling good and willing to spend. Despite complaints about high prices, they are taking their children to concerts, packing movie theaters, booking luxury vacations, buying cars and covering the costs of rent and dinners out.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Tech, Media & Telecom Roundup: Market Talk
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Tech, Media & Telecom Roundup: Market Talk

Updated Oct. 12, 2023 5:01 pm ETThe latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
How To Save Money On Insurance For Home, Auto, Travel And Pets
Money

How To Save Money On Insurance For Home, Auto, Travel And Pets

Alistair Berg | Digitalvision | Getty ImagesWelcome back to Money Matters, a collaboration between the TODAY Show and CNBC Select where we focus on simple ways to manage your finances and save money. In the latest installment of the series, CNBC Select Contributor Brittany Jones-Cooper walks us through her best tips for saving money on a variety of insurance policies.Check out the full interview featured on TODAY in the video below and read on to see some of her best strategies. Car insurance is required in all states but New Hampshire and Virginia, but it's often a big expense. According to Bankrate, full-coverage car insurance across the U.S. can run you an average of $2,014 per year. It's possible to save on this expense, but it may take some effort.To find more affordable coverage, be...