Despite higher wages, inflation gave the average worker a 2.4% pay cut last year
Higher consumer prices in 2021 erased the raises many workers got from their employers. However, wage growth outstripped inflation for some lower earners.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Inflation is hitting food prices hard. Here's how to save at the supermarket
Thanks to inflation, many consumers have probably noticed their grocery bill creeping up. Experts share tips on how to save at the supermarket.
Here’s what Jerome Powell’s second term as Fed chairman means for your money
At his confirmation hearing, Powell said he expects a series of interest rate hikes this year to control inflation.
‘Ready to Go’: Powell Says Fed Report on Crypto and CBDCs will drop in the coming weeks
Decrypt Scott Chipolina Jan 11, 2022 The Fed will soon release its insights on CBDCs and the crypto market, and will ask the public for input....
Here’s how rising inflation may affect your 2021 tax bill
Inflation is still rising, and while many notice the surge in day-to-day expenses, climbing prices may also affect your tax bill, experts say.
Here's how to prepare if you want to buy a home in this competitive market
You'll have to act quickly if you want to buy a house this year, so it pays to be prepared.
Here’s what Jerome Powell’s second term as Fed chair means for your money
At his confirmation hearing, Powell said he expects a series of interest rate hikes this year to control inflation.
'The IRS is in crisis.' Here's what to know as taxpayer advocate warns of potential for refund delays in 2022
"I am deeply concerned about the upcoming filing season,” National Taxpayer Advocate Erin M. Collins said in a report.
Last year, illicit crypto addresses received all-time-high $14 billion but that was only 0.15% of total volume
ChainAnalysis Jan 6, 2022 Cryptocurrency-based crime hit a new all-time high in 2021, with illicit addresses receiving $14 billion over the course of the year, up...
Bank of America is cutting overdraft fees
Bank of America said it is slashing the fees it charges customers who overdraw their accounts and plans to eliminate non-sufficient funds fees entirely.
Tax filers should expect delays as the IRS deals with limited staffing and last year's backlog
Tax season begins on Jan. 24 and filers should expect delays, according to Treasury officials. Here's what to know before filing to avoid issues.
NASAA: Crypto scams are the leading threat to investors in 2022
Investment Executive James Langton Jan 10, 2022 Frauds and scams involving crypto and other digital assets are the leading threat to investors in 2022, according to...
Following smart money crypto whale wallets
Reddit cannainform2 Jan 10, 2022 What is a Whale Wallet? Whales are loosely defined as anyone with a ‘large’ amount of crypto assets. Large hedge funds...
Federal documents warn of sweeping implications if ‘digital loonie’ adopted
Global News Jordan Press Jan 3, 2022 Internal government documents show Finance Department officials believe there could be sweeping implications for the economy if the Bank...
Worried a Covid test you buy online might be fake? Here are 3 ways to protect yourself
The Federal Trade Commission outlined ways consumers can protect themselves as scammers take advantage of high demand for at-home rapid tests.