Stagflation Echoes: The 1970s Playbook Returns as Energy Costs Surge
Falling wages, rising energy prices, and persistent inflation spark renewed comparisons to the economic challenges of the 1970s.
Section
Economy
Egan-Jones Warns AI Threatens Screen-Based Jobs and Housing Market
A new report from credit-ratings agency Egan-Jones highlights potential economic disruption from artificial intelligence, citing widespread job losses for screen-based workers and significant challenges for the housing sector.
The High-Stakes Financial Divide of Sole-Earner Marriages
A recurring dilemma highlights the complex legal and financial realities facing single-income households when asset division comes into question.
High Interest Rates Offer an Unexpected Benefit for Retirement Annuities
Elevated borrowing costs are reshaping the retirement landscape by making annuity payout rates safer and more affordable for investors.
Diesel Surge Threatens Higher Prices for Groceries and Household Goods
A persistent premium in diesel prices is driving up transport costs, threatening to push up retail prices for everyday consumer goods.
Adjustable-Rate Mortgages Return as Borrowers Face High Rates
Homebuyers turn to adjustable-rate loans for relief as borrowing costs climb near multi-year highs.
US Immigration Services to Raise Application Fees Starting October
USCIS adjustments will increase costs for asylum seekers, work permit applicants, and Temporary Protected Status holders.
US Labor Market Expected to Remain in 'Low-Hire, Low-Fire' Pattern
The September employment report is anticipated to reflect a persistent two-year trend of subdued hiring and limited layoffs, indicating a stable yet stagnant job landscape.
FBI Instructs Staff to Assume Personal Data Stolen in Hack
An internal memo warns that the cybercrime group ShinyHunters may hold private records of almost all bureau agents and job applicants following a breach.
Used Vehicle Prices and Rates Stretch US Household Affordability
Current pricing and borrowing costs push average secondhand cars beyond standard financial safety benchmarks for American consumers.
Working at 71: Balancing a $108,000 Salary With Retirement Realities
A financial profile reveals the stark contrast of earning six figures in later life while holding modest retirement savings.
Living Within Means: The Pastor Who Retired on a $30,000 Salary
A rare look at long-term financial survival on a modest income sparks debate over modern consumer habits and retirement readiness.