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Economy

Collapse of Sonder, a Marriott-backed hotel chain, leaves guests stranded mid-stay

Economy

Sonder’s Downfall: Guests Left Mid-Stay

Albert T. Gudmonson

Travelers encountered unforeseen interruptions when Sonder, a hotel chain supported by Marriott, suddenly halted its business. Patrons in various cities were left without lodging during their stays, leading to widespread…

Trump floats ,000 tariff rebate checks. What you need to know

Economy

The $2,000 Tariff Rebate Checks from Trump: Key Details

Albert T. Gudmonson

Former President Donald Trump has proposed a new economic measure aimed at easing the financial burden on American households. The plan, which involves issuing $2,000 rebate checks tied to tariffs,…

How does using credit cards affect my financial health?

Economy

Understanding Credit Card Impact on Financial Health

Albert T. Gudmonson

Credit cards are now pervasive financial instruments, providing ease, benefits, and adaptability. Nevertheless, the influence of utilizing credit cards on individual financial wellness is intricate and diverse. Understanding how credit…

Economy

Debit Card vs. Credit Card: Key Distinctions Explained

Albert T. Gudmonson

The contemporary financial landscape is complex, featuring various payment tools, with credit cards and debit cards standing out as two of the most common. Despite their often identical appearance—a rectangular…

Why You're Never Too Young to Have a Financial Plan | Northwestern ...

Economy

Income Savings Goals: A Percentage Guide

Albert T. Gudmonson

Navigating personal finance can often feel daunting, and one of the most frequently asked questions is: "What percentage of my income should I save?" This question has no universal answer,…

The stock market has thrived even with all this economic uncertainty

Economy

Can the stock market succeed during economic uncertainty?

Albert T. Gudmonson

Despite economic turbulence, the stock market continues to show surprising strength and resilience, defying forecasts and maintaining investor confidence across global markets.The unexpected strength of the stock marketIn recent months,…

Economy

Why is it important to hold an emergency fund?

Albert T. Gudmonson

Financial stability is a goal sought by many individuals across different backgrounds and ages, yet achieving it requires foresight, discipline, and strategic planning. One crucial element underpinning long-term financial well-being…

Economy

What should I do if I’m already in debt?

Albert T. Gudmonson

Debt can be intimidating, but starting to manage it means clearly assessing your financial situation. Start by creating an inventory of all debts, such as credit card amounts, personal loans,…

a person in black and white plaid jacket holding banknotes

Economy

What is projected cash flow?

Albert T. Gudmonson

Projected cash flow is a vital financial tool used by businesses, organizations, and individuals to estimate the amount of money expected to flow in and out of their accounts over…

Economy

The Unstoppable Strength of America’s Economy Explained

Albert T. Gudmonson

Even with various internal and external challenges, the U.S. economy persists in showing resilience, surprising experts who forecasted declines that have not yet entirely occurred.Over the past several years, the…