As Americans share with others on this Giving Tuesday, Christians once again are among the most charitable people. “It won’t come as a surprise that people who are invested in their Christian ...
Read More »Walmart, Aldi offering price relief for Thanksgiving, Christmas meals
Despite persistent inflation, there is a bit of good news for consumers as the holiday season approaches. Walmart and Aldi both announced they will reduce prices for Thanksgiving and Christmas meals. The ...
Read More »Amazon charged shoppers an extra $1 billion, says FTC
Amazon is using illegal strategies and an algorithm that netted it more than $1 billion reports Reuters. The revelation comes from a new court filing, released by the U.S. District Court in ...
Read More »Verdict on broker fees rocks real estate industry
The National Association of Realtors, HomeServices of America and Keller Williams plan to appeal a jury’s verdict finding them guilty of colluding to inflate or maintain high commission rates and fees. The ...
Read More »Christian banking institution, Crown Ministries partnering to provide stewardship education
AdelFi, a Christian banking institution in California, is teaming up with Crown Financial Ministries to provide biblical stewardship information. The exclusive banking partnership with Crown enables AdelFi to offer customized courses on ...
Read More »Likelihood of recession still uncertain, Southeast Missouri State economist says
The jury is still out on whether Missouri and the nation will experience a recession in the coming year, said David Yaskewich, an economist at Southeast Missouri State University. “Right now, it ...
Read More »California raises fast-food wage to $20 per hour
Fast-food workers in California will now make $20 per hour. According to ZipRecruiter, as of Sep 21, 2023, “the average hourly pay for an Entry Level Rn in California is $28.94 an ...
Read More »JPMorgan’s Jamie Dimon: U.S. unprepared for ‘worst case’
JPMorgan CEO Jamie Dimon is issuing a stark warning, stating many U.S. businesses and investors are unprepared for the possibility of the Federal Reserve raising interest rates to a staggering 7 percent. ...
Read More »Republicans remain divided with days left to avert shutdown
As the deadline to fund the government and avert a shutdown draws near, House Republicans find themselves deeply divided, despite initial hopes of reaching a compromise. While the House of Representatives successfully ...
Read More »Mortgage applications tumble to lowest levels in three decades
As monthly mortgage payments reached a record high, mortgage applications fell to their lowest level in nearly 30 years. Redfin reports that mortgage payments have reached a near-record high due to over ...
Read More »Teens fall for online scams more than their grandparents
The joke may be on teens who think they know more about tech than their folks. A new study finds supposedly tech-savvy teens are falling for online scams at a higher rate ...
Read More »Backlash against Target continued through school shopping
Sales at Target stores continue to drop even as back-to-school shopping should normally boost sales. The controversial retailer’s sales tumbled significantly in the third quarter as many consumers rebelled against the LGBTQ-themed ...
Read More »Investors must admit to ESG considerations under new Missouri rule
Financial advisers and institutions in Missouri must have clients sign disclosure forms when an investment option could rely on environment, social and governance scores or prioritize elements that may not yield maximum ...
Read More »Eroding donor privacy unites right and left against states
The threat to donor privacy is continuing despite a U.S. Supreme Court ruling two years ago that many thought had ended it once and for all. Proposals introduced in more than a ...
Read More »Business bankruptcies highest in 13 years
Corporate bankruptcies in the United States this spring, based on the latest reports, with the first five months of 2023 seeing the highest number of filings since 2010. Filings from Serta Bedding ...
Read More »Missouri rule on ESG could be model for other states
A new rule in Missouri regarding controversial environmental, social and governance investing could serve as a model for other Republican-led states. Secretary of State Jay Ashcroft issued a rule on June 1 ...
Read More »Local Banks, the Federal Reserve, and the Modern-Day Bank Run
In 1913, a US Senator from the Kansas City, Missouri area flipped his vote, and the Federal Reserve System was created. Senator James A. Reed gave us central banking with 12 autonomous ...
Read More »Dave Ramsey sued for $150 million alleged timeshare scam
Former followers are suing finance guru Dave Ramsey for $150 million over his endorsement of a failed timeshare exit company that defrauded customers out of millions of dollars. The lawsuit alleges that ...
Read More »Technology pressures consumers to tip at self-checkout
Families squeezed by high inflation now are being asked to leave a tip even at many self-checkout kiosks. Many companies, including airports, bakeries, coffee shops and sports stadiums, have now introduced the ...
Read More »White House will veto GOP effort to stop college debt bailout
The White House says it will veto a Republican-led House measure that stops the massive student loan bailout. The bill in question is H.J. Res. 45, which criticizes a debt plan that ...
Read More »Big banks and likely their customers will pay billions for bank failures
American consumers will likely bear the burden of billions in additional banking fees as the federal government charges banks to replenish the deposit insurance fund. The Federal Deposit Insurance Corporation (FDIC) announced ...
Read More »Christians take out payday loans despite excessive interest rates
More than one-third of Christians in states that don’t regulate payday loans say they have obtained them, despite believing that charging excessive interest is a sin. In a recent survey, Lifeway Research ...
Read More »U.S. households added $320 billion in debt last year
U.S. households continue to struggle, adding $320 billion in debt last year. It marks the highest level since the 2008 financial crisis which saw millions lose their homes. Households owe a combined ...
Read More »IRS collects $5 trillion in taxes but wants more
The U.S. government collected a record amount of taxes from Americans but will increase the monitoring of bank accounts and mobile payment systems to collect more. The IRS says in its newly ...
Read More »Why you should be concerned by Biden’s digital currency plan
President Joe Biden signed an order on March 9, directing the Treasury Department, Office of the Attorney General and Federal Reserve to work together to produce a “legislative proposal” to create a ...
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