The Gallup Economic Confidence Index, which reflects Americans’ perceptions of current economic conditions, registered at -29 in April, down nine points from March’s -20. This marks the first absence of even a marginal improvement in five months and represents the first decline in economic confidence in the last seven months. Over Two-Thirds Say Economic Outlook Is Declining When queried on the direction of the economy, 29% of Americans believe conditions are improving, while 67% feel they are deteriorating. Read the rest ..read more

The Biden administration has announced the cancellation of $6.1 billion in student loans for 317,000 borrowers who attended The Art Institutes, as part of President Joe Biden’s ongoing strategy to reduce the nation’s $1.7 trillion student debt burden. This move comes after the Supreme Court halted a more extensive loan forgiveness plan proposed by his administration last year. Read the rest ..read more

In the final stretch of 2023, a record-breaking 26.1% of affordable homes on the U.S. market fell into the hands of real estate investors, according to a Redfin report. This spike from last year’s 24% highlights a growing trend that is reshaping the housing landscape. Meanwhile, investors snagged 13.6% of mid-priced homes—slightly down from 14.3% the previous year—and 15.9% of high-priced homes, marking a small climb from 15.4%. Read the rest ..read more

Fidelity revealed that the count of 401(k) accounts holding at least $1 million increased by 20% to 422,000 in the fourth quarter of 2023, and saw a 41% rise over the entire year. The average balance for these accounts reached $1,551,300 in the fourth quarter. Yet, this financial triumph contrasts sharply with the grim reality for the average American, whose 401(k) balance tells a very different story. Read the rest ..read more

While singles may have fewer Social Security filing options than married couples, smart planning around when to claim benefits can pay off for anyone, including those flying solo. Claim Early at 62 Anyone who has paid Social Security taxes for at least 10 years (has 40 credits) can begin receiving retirement benefits at age 62 based on their earnings record. Read the rest ..read more

While singles may have fewer Social Security filing options than married couples, smart planning around when to claim benefits can pay off for anyone, including those flying solo. Claim Early at 62 Anyone who has paid Social Security taxes for at least 10 years (has 40 credits) can begin receiving retirement benefits at age 62 based on their earnings record. Read the rest ..read more

As more people embrace pet ownership, the hunt for pet-friendly rentals is heating up. Today’s urban dwellers are looking beyond just affordability and convenience; they’re seeking communities that welcome their furry friends with open arms, making pet-friendliness a top priority in their housing decisions. Increasing Pet Ownership According to the 2023-2024 American Pet Products Association survey, 66% of U.S. Read the rest ..read more

Are you dreaming of a steady passive income every month from your investments? It’s not just a fantasy for the wealthy—it’s attainable for anyone ready to explore their options. Whether you’re just starting out or seeking to diversify, learn how to establish a reliable monthly income stream from familiar choices to hidden opportunities. Read the rest ..read more

As Americans approach retirement, their anxiety about the future intensifies. Economic challenges, rising healthcare costs, and high living expenses are creating a cloud of uncertainty over the choice of retirement destinations. A recent study, however, reveals the Mountain State region as a prime spot for those seeking affordable retirement options. Economic Concerns Dominate Retirement is one of the most significant transitions in life. Read the rest ..read more

The Trustees of Social Security and Medicare have released their annual financial forecasts, casting a grim outlook over the next few years. The latest projections reveal that Social Security and Medicare could face insolvency in less than a decade, highlighting an immediate need for solutions to prevent drastic cuts in benefits or sudden changes in taxes. Read the rest ..read more