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Joined January 2010
“If retail gas prices increase from $3 to $4 nationwide… that would translate to one percentage point increase in inflation,” says @sarahffoster, U.S. Economy Reporter and Analyst at @Bankrate, discussing the impact of rising energy prices with @JD_Durkin.
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61% of credit cardholders with debt have been carrying it for at least a year, up from 53% in late 2024, per a new @Bankrate survey. Much of it starts with emergencies or everyday costs like groceries and utilities. High prices + high rates add up fast. bit.ly/3Yq3pvR
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We also published a very @Bankrate story on what another cut could mean for your money, ft. anecdotes from five personal finance experts on what they've done since the Fed started lowering rates last year. My personal fav: "Be your own Federal Reserve" bankrate.com/banking/federal…
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Powell might get his third straight rate cut, but he won’t get a united committee. And as Trump prepares to name the next Fed chair soon, that division matters even more than usual. Read more: bit.ly/3MMlEsw
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Intense division is making it hard to communicate to markets. So is the looming nomination for the next Fed chair. Our preview on what's at stake: bankrate.com/banking/federal…
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What does homebuying look like in 2025? Like a luxury in most of America’s largest cities, according to @Bankrate’s new analysis. bit.ly/48LEmrN
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The longest data blackout in history is almost over, with tomorrow’s release of the September jobs report. The uncertainty, however, is still with us — and could be for some time. Read more: bankrate.com/banking/federal…
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Today on Taking Stock 🎙️ S&P 500 slides after job cuts in October hit highest level in 22 years. @JD_Durkin speaks with @TedRossman of @Bankrate on economic outlook, @iancr of @Ledger on security, and @azavery of @ServiceNow! xitter.cf/i/broadcasts/1vOGwdgya…
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Equal pay was the promise, but decades later, women are still waiting for their paychecks to catch up. My latest story and analysis for @Bankrate finds that most working women today won’t see pay equity before they retire. bankrate.com/personal-financ…
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As expected, the Fed cut interest rates again — but this is a Fed that stands divided. *Two* dissents this month (for opposite reasons). -Gov. Miran wanted a 50 bps cut -Kansas City Fed President Jeff Schmid wanted no cut at all Our recap: bankrate.com/banking/federal…
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Social Security recipients can expect a 2.7% COLA in 2026 — about $54 more per month or $648 a year. A welcome raise, but rising Medicare premiums may cut deeply into the benefit increase. More from @Bankrate: bankrate.com/banking/one-big…
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Economists are finally seeing cracks in the job market. Workers have been feeling them for months. I went inside America’s “frozen” job market to see what’s really happening. Read more: bankrate.com/banking/inside-…
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The shutdown is a tough reminder that paychecks can pause, but bills don’t. Aim to save 3-6 months of essentials in a high-yield savings account. Start small and stay consistent. bankrate.com/banking/savings…
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Inflation isn’t just hitting your wallet — it’s shrinking your credit card rewards too. Spending caps haven’t kept up with rising prices, and travel redemptions don’t stretch as far as they used to. Here’s how to make your rewards go further: bankrate.com/credit-cards/re…
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The federal government has officially shut down. Here’s what it could mean for the economy.
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Despite economic challenges like inflation and recession fears, air travel volumes are close to another record this year. Why? bankrate.com/credit-cards/ne…
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