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Current Events

Stay updated on financial news, market trends, and economic changes that affect your money. From interest rate hikes to government policy shifts, we break down what’s happening now—and what it means for your finances.

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FTC Halts Spam Text Messages

A debt and mortgage relief operation that allegedly sent 5.5 million illegal spam text messages has been halted by a federal judge at the request of the Federal Trade Commission. The unsolicited text messages were… 

Job Market on a Long Slow Recovery

New unemployment claims rose sharply last preceding week, reversing the drop from the previous week and surprising economic experts. For the week ending January 22, new jobless claims increased by 51,000 to 454,000 according to… 

Consumer Confidence Up in January

As Americans start the new year feeling better about the job situation, consumer confidence increased in January to its highest level in eight months. The Consumer Confidence Index reading of 60.6 is up from 53.3… 

Home Sales in December Jump 12.3%

Sales of existing homes jumped in December for the fifth month of sales increases within the past six months, a positive sign that the housing market continues to improve. Sales of existing homes, including single-family,… 

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Sweepstakes Scam Halted by the FTC

A bogus sweepstakes that duped consumers into paying a “processing fee” to collect “prize money” has been halted by a federal judge at the request of the Federal Trade Commission, the agency reported on Wednesday.…