Advocates of social media have their work cut out for them these days. From lawmakers insisting China is stealing state secrets via TikTok to educators who blame popular platforms for robbing kids of their self-esteem, social media can’t catch a break. Now comes news that social posts...
In the United States, government-issued child support payments cover only 53% of the expenses associated with raising a child. This leaves co-parents to manage the other 47% to pay for things like medical bills and extracurricular activities independently, with one parent often footing the bill...
Financial guidance platform NerdWallet says it was the victim of a fraudulent bankruptcy filing. As Reuters reported Saturday (March 2), the company said that it did not file for bankruptcy and that the filing that showed up on an electronic public access service for U.S. federal court documents...
According to the U.S. Commerce Department, retail sales dropped in January by a seasonally adjusted 0.8%. Conventional wisdom suggests a post-holiday season decline in sales would be anticipated; however, The Wall Street Journal reports the drop was larger than the 0.6% decline economists were expecting. As a result,...
Love is priceless. For everything else, there’s the latest edition of PYMNTS’ Provider Ranking of Personal Finance Apps, to help you keep track of your expenses. In this month’s list, Webull tops the charts, with SoFi close behind. Here’s how the rest of the rankings...
A group of Democratic lawmakers wants to give every child born in America a savings account. The 401Kids Savings Act, announced Wednesday (Jan. 31), would create children’s savings accounts (CSAs) for every child in America, and comes at a time when many consumers are seeing their...
With the new year upon us, competition is heating up in the realm of personal finance apps. In this edition of the PYMNTS Provider Ranking of Personal Finance Apps, we see several ties and even a triple tie. Webull remains in our top spot, but SoFi...
Unexpected expenses continue to present a significant financial strain for consumers in an already challenging economic landscape. With dwindling savings and persistent economic difficulties, individuals are turning more frequently to external financing avenues to tackle these unanticipated costs head-on. Among the array of unforeseen expenses,...
Balancing household budgets amid rising living costs is a widespread challenge. To streamline finances, individuals residing with partners or spouses are most likely to pool their finances together, with 87% sharing financial information and 76% maintaining joint bank accounts, PYMNTS Intelligence finds. From the...
