Cash poor during spring? Blame the weather

We all know inflation and supply chain kinks are leading to price increases on almost everything. Even cautious shoppers need to beware of spring and its weather changes. Sudden warm temperatures after the cold, dark winter and can actually trigger frenzied shopping.

Fed rate hike sends mortgage rates soaring past 4%

Following the Federal Reserve's decision to raise rates, mortgage rates surged past 4% this week for the first time since 2019, according to Freddie Mac.

Sen. Murray urges Biden to extend student loan payment pause until 2023

The Washington senator wants to postpone the restart of federal student loan repayment until 2023 to address issues with the “broken” borrowing system.

Amazon closes $8.45B MGM studio acquisition

Amazon has closed its $8.45 billion acquisition of MGM Studios as it looks to boost its streaming service in competition with Netflix and Disney. 

'Competitive' spring homebuying season is starting early this year, industry analyst says

Despite higher prices, a recent decrease in mortgage rates and stabilizing inventory levels may be advantageous for homebuyers in the coming months, one economist recently said.

Netflix to launch test that requires subscribers to pay for users outside household

Netflix says it is testing a new feature for its members in Chile, Costa Rica and Peru, requiring users to add “sub accounts” for up to two people they don’t live with — and it will come at a cost.

Cadillac’s 1st all-electric Lyriq SUV to begin production in March, GM says

General Motors will begin production of the all-electric 2023 Cadillac Lyriq midsize SUV, the brand’s first electric vehicle, in March as planned and the company hopes to start making deliveries over the next few months.

Federal Reserve raises interest rates: What to do now

In order to fight decades-high inflation levels, the Federal Reserve raised rates for the first time since 2018 on Wednesday.

AMC Entertainment buys stake in gold, silver miner Hycroft

Following the closing of the deal, AMC and precious metal investor Eric Sprott will become Hycroft's second largest shareholders

Expert: Supply-demand imbalance has forced massive inflation
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Financial Strategist Lance Roberts says massive inflation has been caused by the government pushing large amounts of cash into the pockets of citizens through COVID relief funds.

Housing affordability tightens as majority of US sees double-digit home price growth in Q4 2021: NAR

Though home prices appreciation is slowing, growth remains strong as many metropolitan areas across America saw double-digit increases in the fourth quarter of 2021, according to the NAR.