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Forbes Advisor Explores the Cost of Savings With Metro and State Rankings
Inflation, Money Matters Jennifer Joslyn 5/7/24 Inflation, Money Matters Jennifer Joslyn 5/7/24

Forbes Advisor Explores the Cost of Savings With Metro and State Rankings

California's reputation for high living costs is well-known, but a recent report from Forbes Advisor highlights other areas across the United States that can put a strain on your wallet.

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Sweden's Experiencing a Surprising Billionaire Boom
Money Matters, Sales Jennifer Joslyn 5/7/24 Money Matters, Sales Jennifer Joslyn 5/7/24

Sweden's Experiencing a Surprising Billionaire Boom

Sweden, known for its social equality and high taxes, is now home to a growing number of super-rich individuals.

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Home Equity Loans Could Supercharge the U.S. Economy
Leases & Loans, Money Matters Jennifer Joslyn 5/7/24 Leases & Loans, Money Matters Jennifer Joslyn 5/7/24

Home Equity Loans Could Supercharge the U.S. Economy

Meredith Whitney, the once-celebrated financial forecaster, is eyeing a potential game-changer for the U.S. economy, and it doesn't involve government spending.

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Freddie Mac's Proposal Is A Game Changer for the U.S. Economy and Homeowners
Leases & Loans, Money Matters Jennifer Joslyn 5/6/24 Leases & Loans, Money Matters Jennifer Joslyn 5/6/24

Freddie Mac's Proposal Is A Game Changer for the U.S. Economy and Homeowners

Imagine pumping nearly $1 trillion into the U.S. economy without adding a cent to the national deficit.

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Fed Finds Comfort in Cooler Job Growth and Wage Increases
Inflation, Money Matters Jennifer Joslyn 5/5/24 Inflation, Money Matters Jennifer Joslyn 5/5/24

Fed Finds Comfort in Cooler Job Growth and Wage Increases

On Friday, Federal Reserve officials breathed a sigh of relief as April’s job data revealed a cooling in wage growth and hiring rates that hark back to pre-COVID-19 days.

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Proposed $5 Million Insurance Hike Could Rock the Trucking Industry
Insurance, Money Matters Jennifer Joslyn 5/4/24 Insurance, Money Matters Jennifer Joslyn 5/4/24

Proposed $5 Million Insurance Hike Could Rock the Trucking Industry

A proposed bill, dubbed the Fair Compensation for Truck Crash Victims Act, could significantly impact the trucking industry by raising the minimum liability insurance from $750,000 to $5 million—a hefty 566% increase.

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XPO Logistics Exceeds Expectations in Q1 2024
Sales, Money Matters Jennifer Joslyn 5/4/24 Sales, Money Matters Jennifer Joslyn 5/4/24

XPO Logistics Exceeds Expectations in Q1 2024

XPO Logistics started 2024 on a high note, surpassing first-quarter forecasts and demonstrating robust financial performance.

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Rising Interest Rates Push Homebuyers Toward Adjustable Rate Mortgages
Inflation, Money Matters, Leases & Loans Jennifer Joslyn 5/3/24 Inflation, Money Matters, Leases & Loans Jennifer Joslyn 5/3/24

Rising Interest Rates Push Homebuyers Toward Adjustable Rate Mortgages

In the face of soaring interest rates, many U.S. homebuyers are opting for adjustable rate mortgages (ARMs) as a more affordable alternative to traditional fixed-rate mortgages.

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Costco's Strategic Gaps in Rhode Island, West Virginia, and Wyoming
Sales, Money Matters, Network Association, Customer Relations, High Tech / High Touch Jennifer Joslyn 4/30/24 Sales, Money Matters, Network Association, Customer Relations, High Tech / High Touch Jennifer Joslyn 4/30/24

Costco's Strategic Gaps in Rhode Island, West Virginia, and Wyoming

Costco, the membership-only warehouse chain, has significantly expanded across the U.S., boasting over 600 locations.c

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Generational Wealth Transfer of Inheritance Among Millennials Isn’t That Simple
Inflation, Money Matters Jennifer Joslyn 4/30/24 Inflation, Money Matters Jennifer Joslyn 4/30/24

Generational Wealth Transfer of Inheritance Among Millennials Isn’t That Simple

The average net worth for older Americans might seem high, but this number is skewed by wealthier individuals.

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Hub Group Faces Financial Pressure Amid Weak Freight Market
Sales, Money Matters Jennifer Joslyn 4/28/24 Sales, Money Matters Jennifer Joslyn 4/28/24

Hub Group Faces Financial Pressure Amid Weak Freight Market

Phil Yeager, the CEO of Hub Group, highlighted ongoing financial pressures during the company's recent earnings call, pointing to a soft market mainly caused by an excess of truckload capacity that hasn’t yet exited the industry.

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U.S. Cities Grapple with Financial Strains Post-Pandemic
Inflation, Money Matters, Covid-19, Hot Spots Jennifer Joslyn 4/26/24 Inflation, Money Matters, Covid-19, Hot Spots Jennifer Joslyn 4/26/24

U.S. Cities Grapple with Financial Strains Post-Pandemic

Across the United States, municipal governments are tightening their belts as the financial support from the pandemic era fades and inflation persists.

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Landstar Navigates Market Challenges with Optimistic Outlook
Inflation, Money Matters Jennifer Joslyn 4/26/24 Inflation, Money Matters Jennifer Joslyn 4/26/24

Landstar Navigates Market Challenges with Optimistic Outlook

Landstar System, a logistics company, shared a mixed bag of results in their recent earnings call, staying optimistic despite a tough market.

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Investment Strategies of the Ultra-Wealthy Are Evolving
Money Matters Jennifer Joslyn 4/23/24 Money Matters Jennifer Joslyn 4/23/24

Investment Strategies of the Ultra-Wealthy Are Evolving

The ultra-wealthy, those with a net worth exceeding $100 million, adopt investment strategies that set them apart from typical investors.

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U.S. Residential Electricity Bills in 2023 Rose Less Than Rate of Inflation
Money Matters, Inflation, Electric Vehicles, High Tech / High Touch Jennifer Joslyn 4/23/24 Money Matters, Inflation, Electric Vehicles, High Tech / High Touch Jennifer Joslyn 4/23/24

U.S. Residential Electricity Bills in 2023 Rose Less Than Rate of Inflation

In 2023, the average monthly electricity bill for U.S. homes nudged up by 2% to $138, which was actually less dramatic compared to the overall inflation rate of 4.1%.

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Insurance Companies Pull Back from California Market
Insurance, Money Matters Jennifer Joslyn 4/20/24 Insurance, Money Matters Jennifer Joslyn 4/20/24

Insurance Companies Pull Back from California Market

Two more insurance providers, Tokio Marine America Insurance Co. and Trans Pacific Insurance Co., are set to exit the California insurance scene.

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California Fast Food Chains Raise Prices in Response to Minimum Wage Increase
Sales, Money Matters, Inflation, Compliance, Nuts & Bolts Jennifer Joslyn 4/18/24 Sales, Money Matters, Inflation, Compliance, Nuts & Bolts Jennifer Joslyn 4/18/24

California Fast Food Chains Raise Prices in Response to Minimum Wage Increase

Following California's new $20-an-hour minimum wage law that kicked in on April 1, fast food joints across the state have bumped up their menu prices.

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J.B. Hunt's Q1 Earnings: Missed Expectations Amid Challenges
Sales, Money Matters Jennifer Joslyn 4/18/24 Sales, Money Matters Jennifer Joslyn 4/18/24

J.B. Hunt's Q1 Earnings: Missed Expectations Amid Challenges

J.B. Hunt Transport Services didn't quite hit the mark this quarter, with earnings per share landing at $1.22, below the expected $1.50.

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Updated Perspectives on Retirement Savings
Money Matters, Inflation Jennifer Joslyn 4/17/24 Money Matters, Inflation Jennifer Joslyn 4/17/24

Updated Perspectives on Retirement Savings

In recent years, Americans have adjusted their retirement savings targets significantly.

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Major Investment in Texas Samsung Chip Manufacturing by Biden Administration
Money Matters, Leases & Loans, Electric Vehicles, High Tech / High Touch Jennifer Joslyn 4/16/24 Money Matters, Leases & Loans, Electric Vehicles, High Tech / High Touch Jennifer Joslyn 4/16/24

Major Investment in Texas Samsung Chip Manufacturing by Biden Administration

The Biden administration has committed up to $6.4 billion to help Samsung Electronics set up a major computer chip manufacturing hub in Texas.

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