Sign in Subscribe

finance

Summer Spending Was Sneaking Up on Me — Until I Did This

Summer Spending Was Sneaking Up on Me — Until I Did This

Each month, NerdWallet suggests one wallet win to help you feel more confident about your money. We focused on money-saving strategies the past two months. For May, we’re switching gears to talk summer spending. Why make summer plans now? Summer is an expensive time. Americans who plan to

US Fed official says rate hikes may be needed if inflation surges

US Fed official says rate hikes may be needed if inflation surges

A key US Federal Reserve official warned Friday that a series of interest rate hikes could be needed if price shocks from the Middle East war are larger than expected, fuelling inflation. "Federal funds rate increases, potentially a series of them, could be warranted, even at the risk of

Oil slumps after hitting peak, US indices reach new records

Oil slumps after hitting peak, US indices reach new records

Oil prices struck a four-year high Thursday on worries about a resumption of hostilities in the Middle East, before slumping to end the day. But key US indices hit new records while European stock markets rose on positive earnings reports from some tech firms. On Wall Street, the S&

Dow jumps 790 points on Caterpillar strength, closes in on 50,000; S&P 500 crosses 7,200 for first time; U.S. debt higher than GDP for first time since World War II

Dow jumps 790 points on Caterpillar strength, closes in on 50,000; S&P 500 crosses 7,200 for first time; U.S. debt higher than GDP for first time since World War II

The Dow Jones Industrial Average jumped more than 790 points and the S&P 500 and Nasdaq hit new all-time record highs Thursday, while the national debt now outpaces U.S. GDP, according to new economic data. U.S. GDP (gross domestic product) came in at $31.22

Spirit Airlines Crisis Exposes Cracks in the Budget Airline Model

The war in Iran is stress-testing budget airlines, highlighting weaknesses in the model itself and raising fresh concerns for investors, travelers and policymakers. Jet fuel prices have roughly doubled since the U.S. and Israel attacked Iran on Feb. 28, and the pressure on airlines hasn’t been evenly

One man’s trash is another man's treasure at the first annual Bobcat Thrift Sale

One man’s trash is another man's treasure at the first annual Bobcat Thrift Sale

According to MSU’s Zero-Waste Coordinator Garrett Wright, the University discarded a monthly average of 312,133 pounds of trash in 2025. In May, this number was higher — totaling over 460,000 pounds. “It is higher in May [because it is] directly related to students moving out of residence

ECB warns of risks from Mideast war as it holds rates

ECB warns of risks from Mideast war as it holds rates

The European Central Bank held interest rates steady on Thursday but signalled a possible increase ahead as it warned of growing risks to the growth and inflation outlook due to the war in the Middle East. Energy costs have surged since the near-total closure of the Strait of Hormuz,