Tag: Experts
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5 signs you need debt relief before the holidays, according to experts
Letting your credit card debt grow could cause some serious issues for your finances. Getty Images The U.S. economy is sending mixed signals as we enter the holiday season. While inflation shows signs of cooling, it ticked back up slightly last month, and record-high credit card interest rates above 23% are squeezing household budgets. The National…
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Why the latest bird flu case has experts worried about a potential pandemic
Health officials are alarmed by 53 confirmed human cases of a bird flu variant across seven states this year, with a new potential case in a California child without known contact with infected animals. CBS News medical contributor Dr. Céline Gounder, the editor-at-large for public health at KFF Health News, answered questions about why experts…
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Should you buy gold from a big retailer? Pros and cons experts say to know
Buying gold from a big-name retailer has its benefits — but it also has its downsides. Getty Images/iStockphoto Gold became an increasingly popular investment in 2024 as its price climbed upward while repeatedly hitting record highs. As a result, many new investors began buying gold bars and coins, hoping to turn a quick profit even…
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Dolphin strandings on Cape Cod at an all-time high, and experts believe it has to do with food
Hundreds of dolphins in search of food getting stranded off coast of Cape Cod Hundreds of dolphins in search of food getting stranded off coast of Cape Cod 01:56 CAPE COD – The waters off of Cape Cod, Massachusetts are teeming with life, especially dolphins. More than ever, these animals are getting stranded on the…
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Trump sent two stimulus checks in his first term. Here’s what experts say about another payment.
President-elect Donald Trump in his first term as president sent out two stimulus checks to millions of Americans during the pandemic, part of the federal government’s goal of keeping consumers financially afloat during the crisis. Now, some social media posts are claiming that Trump, once he takes office next year, may issue another check —…
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Is debt forgiveness a good option right now? Here’s what experts say
Pursuing debt forgiveness could make a lot of sense right now — but only for the right type of borrower. Getty Images Falling into debt is easy. One bad month leads to a balance on the credit card, and with compounding interest working against you, it may not be long until you’ve racked up a…
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Can Trump impose tariffs without Congress? It’s complicated, according to experts.
President-elect Trump, who has said he thinks “tariff” is “the most beautiful word in the dictionary,” has proposed a variety of taxes on goods imported from other countries. His aim is to deter American companies from relying on parts and goods from overseas, including from China, by making it more expensive for them to do…
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Will home prices drop in 2025? Here’s what experts say.
Home prices could drop in some markets next year, but overall, it’s unlikely. David McNew/Getty Images Higher mortgage rates and limited homes for sale have created major hurdles for buyers in recent years. Average 30-year mortgage rates hover between 6.08% and 7.44%, while available listings remain far below normal levels. Home prices that surged during…
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Should you refinance your home equity loan now that rates are cut? Experts weigh in
By refinancing their home equity loan at today’s interest rates borrowers could potentially save a substantial amount of money. John Solie/Getty Images In the post-pandemic era, home equity loan rates and home equity line of credit (HELOC) rates rose as the Federal Reserve increased the benchmark interest rate. While the cost of home equity loans…
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Should you sell your gold investment as the economy improves? Experts weigh in
The moves you make with your gold right now could have a big impact on your portfolio. Getty Images Gold has been a standout investment in recent months, outperforming traditional assets such as stocks and bonds. The precious metal reached a historic peak of $2,758 per ounce in October 2024, marking an impressive 38% increase…