Economic hardship is causing more people to rely on credit to cover living expenses, and some have even maxed out their credit cards to deal with inflation and rising prices, according to a recent survey. Credit card balances surged past the trillion dollar mark in the fourth quarter of 2023. The…

Consumer satisfaction is taking a dip in the wake of high interest rates, driven up by inflation and the remnants of the pandemic. Nearly 73% of consumers with loans are now categorized as financially unhealthy, J.D. Power’s Consumer Lending Satisfaction study found. Last year, 67% of consumers were categorized the…

A new report from Fidelity Investments finds that over half of Millennials and Gen Z believe they will have a harder time saving for retirement due to the higher cost of living. Fidelity’s 2024 State of Retirement Planning study found that 57% of Millennials and 56% of Gen Z believe…

Note: MIND Technology, Inc. (NASDAQ:MIND, NASDAQ:MINDP) has been covered by me previously, so investors should view this article as an update to my earlier work on the company. MIND Technology or “MIND”, formerly known as Mitcham Industries, is a micro-cap provider of technology and solutions for exploration, survey, and defense…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EU leaders have requested more time to reach a deal on appointing the bloc’s next slate of top officials, but after an initial negotiation on Monday evening Ursula von der Leyen was…

W.W. Grainger, Inc. (GWW) has announced its fourth-quarter earnings, revealing a year of record sales and earnings. The company reported over $16.5 billion in sales, marking an 8.6% increase on a daily basis. Adjusted earnings per share (EPS) rose over 23% to $36.67, and the company has set its sights…

BRASILIA (Reuters) – The Brazilian Air Force said on Tuesday it fired warning shots at a plane and forced it to land for violating a no-fly ban over the Yanomami Indigenous reservation where illegal gold miners have been returning despite federal efforts to keep them away. Two bursts of machine…

By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar climbed to its highest in almost three months against nine other major currencies on Monday as traders slashed bets the Federal Reserve would aggressively cut interest rates this year after new economic data further diminished those odds. U.S. services…

FRANKFURT (Reuters) – Europe’s sluggish productivity growth may slow the fall in inflation to the European Central Bank’s 2% target, ECB policymaker Isabel Schnabel said on Friday. Schnabel pointed to a number of factors behind the euro zone’s long-running economic underperformance versus the United States, including lower investment in technology,…

Medicare Advantage plans are popular. They’re estimated to have enrolled more than half of Medicare beneficiaries for the first time in 2024. But changes are underway. Those enrolled in Advantage plans or considering them need to pay careful attention when evaluating plans in this fall’s open enrollment season. There could…