Money Matters

After a disastrous rollout last decade, General Motors has had to cough up billions in lawsuit settlements and callbacks for their Chevy Bolt EV model. Compensation for Chevy Bolt If you own or lease a Chevy Bolt, the EV hatchback vehicle produced by General Motors and LG, you could be eligible to claim a $1400 … Read more

The fashion industry is being hit with a swathe of layoffs, meaning thousands of Americans will soon find themselves out of work.  Fashion Fallout Across the fashion industry, there’s a growing sense of unease. As the economy is struggling with inflation across all sectors and layoffs in factories and manufacturers, it was only a matter … Read more

The wealth gap keeps growing, and the rich are getting richer while the rest of us struggle to make ends meet. Why is this happening, and how is the system designed to keep it that way? 1. Tax Breaks for the Wealthy The rich benefit from significant tax breaks and loopholes. Deductions, offshore accounts, and … Read more

A new economic report shows that an enormous majority of Hawaiian residents have been priced out of the housing market due to a number of factors. Shedding Light on a Serious Problem Economists at the University of Hawaii have shared some insights into the shocking state of housing affordability in Hawaii, which has decreased significantly … Read more

Citigroup may be taken to court over claims that it is systematically discriminating against people of “the wrong race,” according to a lawsuit filed in federal court this week.  Accusations Fly One of America’s largest multinational banking services, Citigroup Inc. has been accused of racial discrimination against white people. Now, a lawsuit will get to … Read more

The Spring Art Auctions have been a bit of a rollercoaster ride, showing us that the art market might not be as steady as previously thought. Let’s take a look at what that could mean for the U.S. economy in general. Spring Art Auctions Signal Economic Ebb The recent Spring Art Auctions have shown that … Read more

Streaming services promise endless entertainment, but they also have sneaky ways of draining your wallet. Here’s how your favorite platforms are costing you more than you think. 1. Price Hikes Netflix regularly increases its subscription prices. These hikes often come with little warning and minimal new content to justify the extra cost. 2. Multiple Subscriptions … Read more

We’re constantly bombarded with videos and ads promising the dream of passive income—money flowing in while you sleep. But here’s the harsh reality behind those too-good-to-be-true schemes. 1. “Anyone Can Do It” They claim anyone can earn passive income, but that’s a lie. Without significant upfront investment or skills, most people will struggle to see … Read more

Many Americans are concerned with how much of their hard-earned money goes to taxes. But did you know some states hit the middle and lower-income families harder than others? Here are the 21 states with the most regressive tax systems, where the tax burden is heavier on the working class. #1. Washington Washington tops the … Read more

Navigating the world of credit scores can feel like a game where the rules aren’t always in your favor. Ever feel like the system is stacked against you? #1. Lack of Transparency Credit scoring models are shrouded in secrecy, making it hard for the average person to understand what exactly affects their score. #2. Overemphasis … Read more