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The Latest Breaking News from Mark Hamrick

What Means That Americans May Have to Wait Longer for Rate Relief

The Fed has held its benchmark interest rate steady throughout 2026 as policymakers weigh persistent inflation against signs that the labor market and broader economy are losing momentum.

International Business Times

One Tech Tip: How to prepare for outages that impact our online lives, from banking to chatting apps

An Amazon Web Services outage on Monday disrupted many online platforms, affecting banking services, chat apps, and more

The Independent UK

'Permanent damage has been done,' portfolio manager warns, as markets rejoice following Trump's tariff freeze

Stock markets rebounded following the announcement that tariffs would ratchet down to a 10% universal levy, except for China.

Fortune

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A new Bankrate report shows that 59% of Americans wouldn’t cover a $1,000 expense with savings

The 2025 Bankrate Emergency Savings Report paints a grim picture of the state of Americans’ personal finances. The good news is that many aspire to boost savings.

Fortune

Are You Really Prepared for a Financial Emergency?

High inflation and interest rates have impeded the ability of many people to save more. How do you save more with less? We'll show you a few options.

Kiplinger

Gen X is set to be a hoagie, not sandwich generation—chipping in longer for their aging parents and children

Inflation and the healthcare system stretch out caregiving duties for Gen Xers, crunching their retirement goals.

Fortune

Most American adults don't have enough savings to pay an emergency $1,000 expense

Bankrate's Mark Hamrick tells Fortune that it's "disappointing because it is an indication that so many Americans are living paycheck to paycheck."

Fortune

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Corporate America's hiring spree is cooling—economists say we should all take that as a good sign

U.S. job openings dropped to a 32-month low in October, but Indeed Hiring Lab’s director of economic research says the “report should bring abundant holiday cheer.”

Fortune

Gen Z Saves Less, Feels Better About Retirement

Gen Z saves less money than older groups due to inflation, but remains more optimistic about having enough to get by in retirement, study shows.

Kiplinger

Some analysts view the strong 3rd quarter GDP results as a ‘last gasp’ from consumers

“The real question is if the trend can continue in the coming quarters, and we think not,” wrote Jeffery Roach of LPL Financial.

Fortune

Joe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious

The Biden administration celebrated the surge in U.S. GDP growth Thursday, but economists and analysts warn it could be the last hurrah for an ailing economy.

Fortune

Inflation may be cooling, but the housing market is still too hot for many buyers

The median home price has risen to $413,800 – the second-highest price ever — thanks to a shortage of homes on the market and high mortgage rates. Experts say renting may be a better option.

WEKU

Who Are the Worst Tippers?

A new study found that while most Americans have a negative view of tipping, some are tipping worse than others.

Kiplinger

56% of workers plan to look for a job in the next 12 months, survey says

Last year, as part of the “Great Resignation,” many workers were looking for new jobs with better pay and flexibility. This year, more workers are seeking new jobs than in 2022: More than half (56 percent) of the workforce is likely to look for a new job in the next…

Tribune News Service

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Fortune

A 3-step guide to filing for unemployment benefits if you’re laid off

The process can drag on for weeks, so getting started early is key.

Fortune

57% of Americans can’t afford a $1,000 emergency expense, says new report

Rising costs and interest rates have made it more difficult for Americans to save for emergencies.

Tribune News Service

Survey: Nearly half of Americans are sacrificing recession preparedness by paying checking fees

Finding ways to prepare for a recession or weather high inflation can be even simpler than cutting back on spending and increasing your income. Sometimes, it first comes down to finding the right place to bank.

Fortune

How to do Christmas shopping on a budget

The holidays are fast approaching, and for many of us, it's time to do some Christmas shopping.

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Tribune News Service

Home prices decelerating by record amount, according to new report

Could housing prices finally be coming back down to earth? Year-over-year home-price growth decelerated at a record-setting pace in July 2022. S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index, released September 27, reports that price growth dropped by 2.3% from June to July — from 18.1% to 15.8%.

Tribune News Service

Survey: Analysts foresee 12% rise in stock market over next 12 months

The stock market has had a tumultuous 2022 so far, with major indices such as the S&P 500 and the Nasdaq Composite in bear market territory. But according to market professionals surveyed in Bankrate’s Third-Quarter Market Mavens survey, the outlook for stocks should improve over the coming year. The group…

Benzinga

3 Pros On What 8.3% CPI Inflation Number Means For The Fed: 'A Strategic Error Of Epic Proportions'

The Labor Department on Tuesday reported an 8.3% year-over-year increase in the consumer price index for August, which sent the SPDR S&P 500 (NYSE: SPY) and the Invesco QQQ Trust (NASDAQ: QQQ) spiraling lower.

Tribune News Service

Survey: Market analysts see stocks jumping more than 11% over the coming year

It may have been a rough start to 2022, but top market watchers still expect stocks to climb over the coming year, according to a Bankrate survey. The First-Quarter Market Mavens survey reveals that analysts anticipate the S&P 500 will rise more than 11 percent over the next 12 months.…

Tribune News Service

Encuesta: 55% de los trabajadores priorizan las opciones de trabajo flexible o remoto

Dos años después de que la pandemia de coronavirus forzara el cierre generalizado de oficinas, las empresas ahora reabren sus puertas y las prioridades cambiaron para muchos empleados.

Tribune News Service

Survey: 55 percent of workers place greater importance on flexible or remote work options

Two years after the coronavirus pandemic forced widespread office closures, companies are now reopening their doors and priorities have shifted for many employees.

People

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