Author: Press Room

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All eyes will be on the March jobs report when it comes out Friday morning amid signs the once rock solid labor market is finally beginning to crack in the face of higher interest rates.   The Labor Department’s high-stakes payroll report is projected to show that hiring increased by 239,000 last month and that the unemployment rate held steady at 3.6%, according to a median estimate by Refinitiv economists.That would mark a drop from the 311,000 gain in February and would be the weakest monthly job growth since December 2020. While monthly jobs data is always important, the Federal…

Household bills cost Americans an average of $29,459 per year or roughly 42% of the average take-home income, a recent report said.  Overall, U.S. households spent $3.87 trillion on household bills in 2022, according to doxo’s most recent U.S Bill Pay Market Size & Category Breakout Report. Housing accounted for the most significant spending, but utility bills, auto loans and auto insurance were also considerable costs.High inflation and rising costs have meant Americans spend more on everything from food to fuel. In January, the Consumer Price Index (CPI), a measure of inflation, rose 6.4% year-over-year – still above the Federal Reserve’s 2% target.  “With…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were higher for 3- and 5-year loans compared to the previous seven days. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select a lender between March 24 and…

You filed your taxes and your refund is in your hands. So, what do you plan to do with the extra cash? Save it? Invest it? Buy that new laptop you’ve been wanting? Go on a tropical getaway?  While all these are popular things Americans do with their refund money, it isn’t the smartest thing to splurge and spend all the money on things that probably aren’t going to benefit you in the future.  TAX REFUNDS: EVERYTHING YOU NEED TO KNOW Here are some ways to use your tax refund to benefit you in the long term. Invest in yourselfUse your tax refund…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Rates for well-qualified borrowers using the Credible marketplace to refinance student loans fell this week for 10-year fixed-rate loans, and rose for 5-year variable-rate loans. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select a lender during the week of March 27, 2023:Rates on…

While most home prices have doubled in the last 25 years, property owners in some cities have struggled to gain value — especially in Illinois.Out of the 400 U.S. metropolitan areas ranked by home-price growth since 1998, six Illinois cities are in the bottom 15, according to a recent SmartAsset study.On average, home values in the U.S. grew by 154% from the first quarter of 1998 through the fourth quarter of 2022, according to the study. However, the 15 bottom-ranked cities averaged only 66% price growth over that quarter century.Montgomery, Alabama, is the worst city for growth, with prices rising…

The IRS on Thursday released a plan for the nearly $80 billion in agency funding enacted through the Inflation Reduction Act in August — including expected boosts for customer service, technology and enforcement.”Now that we have long-term funding, the IRS has an opportunity to transform our operations and provide the service that people deserve,” IRS Commissioner Danny Werfel told reporters on a press call.Aligned with priorities outlined by Treasury Secretary Janet Yellen in August, the plan aims to improve several areas of taxpayer service, including a five-year timeline to digitize the filing process and the ability to respond to all…

It all started with a little curiosity. A team of ProPublica reporters earlier this year began looking into the travel of various Supreme Court justices, not entirely sure what they would find, if anything. But after a little digging, the trio of journalists stumbled upon something that piqued their interest. In fact, what they uncovered raised their eyebrows to such a degree that they believed the discovery was an explosive story in its own right: a trip that Clarence Thomas had taken aboard billionaire Harlan Crow’s private jet between Connecticut and Washington, D.C. But their editors encouraged the team to…

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