Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. Wells Fargo has long been behind other card issuers in terms of robust credit card options … Read more
The American public’s views of the economy are declining as gas prices rise, according to a Gallup poll released Tuesday. Two-thirds of Americans surveyed in the poll conducted earlier this month said that gas prices are causing moderate or severe financial hardship on their household. That figure marks an increase of 15 percentage points from … Read more
Symbol price change %Change I: DJI $31,438.26 -62.42 -0.20% SP500 $3,900.11 -11.63 -0.30% I: COMP $11,524.55 -83.07 -0.72% US stocks were edging higher early Tuesday morning after slipping Monday and losing some momentum after rallying last week on easing expectations for the path of the Federal Reserve’s interest-rate increases. The S&P 500 lost early gains … Read more
More than half of California’s residents may soon receive a stimulus check from the state, Governor Gavin Newsom’s office announced earlier this week. As part of an inflation relief package worth $17 million, an estimated 23 million eligible Californians will receive payments, totaling up to $1,050 per person, later this fall. The relief package will … Read more
screenshot: tenet EVs cost too much. with the average price of an EV approaching $55,000, the transition that everyone from the government to auto companies want may be slowing due to unaffordability. But one startup is looking to help get people into more EVs by trying to make them more affordable. The way they’re going … Read more
The public pension situation could get really messy in the near future. There are currently about 300 state-administered and nearly 6,000 locally-administered public retirement plans, according to PublicPlansData, a project of the Center for Retirement Research at Boston College and the MissionSquare Research Institute. Those public pension systems have 14.7 million workers (eg, state and … Read more
Who may qualify for ‘inflation relief’ checks Those with up to $75,000 in income, or $150,000 if married and filing jointly, will receive up to $350 per tax filer, plus $350 if they have one or more dependent. Thus, joint filers with at least one dependent stand to receive the highest possible sum of $1,050. … Read more
what happened Shares of chip designer OMG (OMG -6.62%) were down 5.4% today as of 12:45 pm ET. It’s a down day for the market overall, with the Nasdaq Composite index sporting at 1.8% decline. However, AMD said today it is investigating a possible data breach, and pressure from sagging GPU prices may also be … Read more
photo: Noppy2016 (shutterstock) Hanging out at the airport is no one’s idea of a good timeBut as the Transportation Security Administration warns of longer-than-usual wait times during this busy summer travel seasonit (unfortunately) seems the prudent choice to get to the airport early. When flying somewhereI’ve always stared longingly at my fellow travelers who have … Read more
With the Federal Reserve trying to cool the economy in an effort to stop the inflation that the Fed helped create in the first place, a wide variety of investors, business leaders, and analysts are upping their predictions of a recession. The old-school investor definition of recession is two consecutive quarters of year-over-year GDP contraction. … Read more