MoneyWatch

A top personal finance influencer wants young adults to stop making these money mistakes

Your Rich BFF founder Vivian Tu has quickly emerged as one of the most prominent personal finance influencers, with millions of followers on Instagram, TikTok and other social media platforms. A former Wall Street trader, the 30-year-old shifted gears after noticing that many of her coworkers from the corporate world needed help even with basic financial tasks. Through Your Rich …

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Cracker Barrel CEO says brand isnt relevant and needs a new plan. Here are 3 changes coming soon.

Cracker Barrel has long been known for its combination of rustic charm and country dishes like biscuits and gravy. But its new CEO said that the old approach isn’t working any longer — and she’s planning some major changes. “We’re just not as relevant as we once were,” Cracker Barrel CEO Julie Felss Masino said on a May 16 conference …

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USPS wants people to install new jumbo mailboxes. Heres why.

The U.S. Postal Service is urging customers to upgrade to new jumbo mailboxes, with the postal agency saying that these larger receptacles are better able to handle more of the types of packages that people order from online retailers. The USPS is alerting customers about the bigger mailboxes for what it calls “mailbox improvement week,” which occurs the third week …

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Virginia tech company admonished for Whites only job posting

A Virginia company’s job listing inviting only White people and the U.S.-born to apply for a position didn’t just raise eyebrows online — it also caught the attention of the U.S. government. Arthur Grand Technologies’ job advertisement last year restricted eligible candidates to “only US Born Citizens [white]” and those living within 60 miles of Dallas, Texas, noted the U.S. …

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He fell ill on a cruise. Before he boarded the rescue boat, they handed him the bill.

Vincent Wasney and his fiancée, Sarah Eberlein, had never visited the ocean. They’d never even been on a plane. But when they bought their first home in Saginaw, Michigan, in 2018, their real estate agent gifted them tickets for a Royal Caribbean cruise. After two years of delays due to the coronavirus pandemic, they set sail in December 2022. The …

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NCAA athlete-pay settlement could mean 6-figure paychecks for top college players

Thousands of student athletes — both past and present — are in line to receive their share of a $2.8 billion settlement resolvingan antitrust lawsuitagainst the National Collegiate Athletic Association and the nation’s five biggest conferences. The challenge now will be deciding how much each player gets and why. The complaint, filed in Northern California in 2020 by former Arizona …

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What is a debt management program?

Are you dealing with high interest debt that only seems to grow with time? Are you looking for ways to get out of it? If so, you’re not alone. In fact, recent statistics from the Federal Reserve Bank of New York show that about one in five credit cards is maxed out and nearly 9% of Americans who owe money …

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3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now

In today’s high interest rate environment, credit cards, personal loans and standard lines of credit have become expensive options for borrowing money. After all, credit card rates are nearing 22% on average, personal loan rates are routinely in the double digits and other options have seen rates rise to levels that are having a significant impact on affordability. In turn, …

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3 things to do if your CD matures in June

Inflation has been problematic for Americans for much of the last two years. Not only has it caused the prices of everyday items to surge, but it’s also resulted in a series of hikes to the federal funds rate courtesy of the Federal Reserve. And while the Fed hasn’t raised the benchmark rate since last summer, they haven’t lowered it …

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Delaware and Tennessee to provide free diapers through Medicaid

Low-income parents and caregivers in Delaware and Tennessee are getting a lifeline to help curtail one of the most common medical conditions for babies: diaper rash. Both states have received federal approval to provide free diapers through their Medicaid programs, according to federal and state officials. Under TennCare, Tennessee’s Medicaid program, parents and legal guardians can pick up as many …

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