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finance

Swalwell, Gonzales to receive taxpayer-funded pensions

(The Center Square) – U.S. Reps. Eric Swalwell, D-Calif., and Tony Gonzales, R-Texas, will retain taxpayer-funded benefits after leaving their positions in Congress. Swalwell and Gonzales are leaving Congress amid allegations that both men sexually harassed female staffers. Reps. Anna Paulina Luna, R-Fla., and Teresa Leger

Goodbye, Spark Miles; Hello, Venture Business

The Capital One Spark Miles is no more. Starting today, it has a new name: Capital One Venture Business. Along with the updated moniker, the card added a few perks: * $50 annual travel credit via Capital One Business Travel. * $50 annual statement credit for qualifying software or advertising purchases. The

Consumer sentiment slides, but retail spending holds for now

Consumer sentiment slides, but retail spending holds for now Retail and e-commerce are entering a fragile phase as they head into peak planning. Consumer sentiment is falling again, but the implications for the industry are more complex than a single headline suggests. Beneath the surface, spending remains unevenly resilient,

Study: Workers With a Goal Are More Likely to Regularly Save Money

Study: Workers With a Goal Are More Likely to Regularly Save Money

Two-thirds (66%) of employed Americans regularly set aside money from their income in a bank account, according to a new NerdWallet survey. That’s good news: Savings enable people to use cash instead of debt for upcoming purchases. When unexpected expenses pop up, savings can fill the gap. Unfortunately,

ECB chief insists won't abandon ship amid global turmoil

ECB chief insists won't abandon ship amid global turmoil

European Central Bank chief Christine Lagarde said Tuesday she would not leave her post early as the global economy faces a severe storm, insisting: "This captain is not going to leave the ship." Media reports emerged earlier this year that Lagarde may step down before the end of

Founder of China's Evergrande pleads guilty to fraud

Founder of China's Evergrande pleads guilty to fraud

The founder of Chinese property giant Evergrande has pleaded guilty to charges of fraud and bribery, a court said on Tuesday, the latest blow for what was once the country's leading developer. Evergrande's rise was propelled by decades of rapid urbanisation and rising living standards, but

What Travel Sports Really Cost Families — and How to Budget for It

What Travel Sports Really Cost Families — and How to Budget for It

Millions of kids are playing organized sports in the U.S. About 27 million participated in 2022 and 2023 combined, according to the Aspen Institute's Project Play survey. Roughly 1 in 5 of those kids is competing in travel sports, where the commitment — and the cost — goes well