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#personalfinance

2 posts2 participants0 posts today
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Nonilex

Judge scraps US rule capping #CreditCard late fees at $8

U.S. District Judge Mark Pittman in Fort Worth, #Texas granted a joint request by #Trump’s #CFPB and a coalition of 6 business & banking groups [pretty much who the CFPB is supposed to be protecting #consumers from] including the US Chamber of #Commerce & American #Bankers Association to scrap the rule adopted during President Joe #Biden's administration.

#law #economy #PersonalFinance
reuters.com/business/finance/j

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LondonSchoolofFinanceandLaw

Study Investment and Wealth Management at London School of Finance and Law!

The diploma will allow you to upgrade existing knowledge and skills in areas relevant to the investment practice, including investment management, financial risk management, financial markets regulation, taxation of investments and financial planning.

More about the course: courses.lsfl.org.uk/investment

You may be eligible for tuition funding.

#Finance#Economics#Investment
Public
ocean

Seeking advice. I'm having trouble handling monthly finances and week budgets with multiple credit cards. What should I do?

lemmy.selfhostcat.com/post/227

lemmy.selfhostcat.comSeeking advice. I'm having trouble handling monthly finances and week budgets with multiple credit cards. What should I do? - Selfhost CatI feel I should get rid of them or stop using them but most have good benefits so I am unsure what I should do. I tried using YNAB but it isn’t how I think about money. I really need to stick to my budget but with my partner and child I feel money is constantly flowing out. - Sams card great for Sams and gas. Free. Only use for the above. - PNC unlim good all around and free. - Older PNC card, told not to cancel because it is free for my credit. Only pay utils on it. Not worried about this one. - Amazon card, 5% discount on amazon for family essentials, free. - Amex, 95$, good all around, and great customer support. I’m thinking I should possible cancel Amex and Amazon because they easily add up, then focus on just using my main PNC unlim card. Thoughts on this? The Amazon discount and Amex purchase protection are both nice but having more than one with so many purchases as a family is stressful. I don’t see any reason to cancel the old PNC card or Sams card. Use around 100$ a month on them.
#personalfinance
Continued thread
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Nonilex

…by altering the terms of #trade between the #UnitedStates & its largest economic partners, the #tariffs will probably rattle #SupplyChains, strain some of the country’s most important diplomatic relationships & add significant #costs for American #consumers & manufacturers.

#Canada, #Mexico & #China are the 3 largest trading partners of the US, accounting for >40% of both US imports & exports last year.

#economy#prices#PersonalFinance
Continued thread
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Nonilex

#Trump is volatile, & who knows how long he’ll keep the #tariffs in place. Retaliation that hits certain states & businesses may also cause him to reconsider sooner than he imagines. Investors are trying to read this uncertainty as they also watch growing evidence of a slowing #US #economy. Unbridled Tariff Man was always going to be a big economic risk in a second term, & here we are.

#prices#consumers#PersonalFinance
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Nonilex

#WarrenBuffet: “Tariffs Are An Act Of #War”

#Tariffs might be #Trump’s favorite word. To legendary investor Warren Buffett, there is less to be excited about.

“Tariffs are actually — we’ve had a lot of experience with them — they’re an act of war, to some degree,” Buffett said in an interview with CBS that aired on Sunday.

#economy #PersonalFinance #inflation #idiocracy #USpol #law
cnn.com/2025/03/03/business/wa

CNN · Warren Buffett: Tariffs are ‘an act of war’By John Towfighi
Continued thread
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Nonilex

The cost to build a crossover utility vehicle will rise by at least $4k, while the increase would be 3X that for an EV examined in a new study from Anderson Economic Group, an #automotive consultant in East Lansing, #Michigan. And those costs would likely be passed on to #consumers, the study found.

#economy #PersonalFinance #inflation #USpol
#TrumpTariffs #Canada #Mexico #car #prices #consumers #CarPrices

in depth article from the Detroit Free Press→
freep.com/story/money/cars/202

Detroit Free Press · The auto industry, with 5-year product cycles, can't pivot on a dime to adapt to tariffsBy , Detroit Free Press
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Nonilex

#CarPrices Are Poised for $12,000 Surge on #Trump’s New #Tariffs

Auto bosses warn Trump admin of economic consequences

Companies rush to stockpile parts, engines in US warehouses

Impending tariffs on #Canada & #Mexico risk driving up US #car #prices by as much as $12k, further squeezing #consumers & wreaking havoc across the intricate web of #automotive supply lines spanning the continent.

#economy #PersonalFinance #inflation #USpol
bloomberg.com/news/articles/20

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Nonilex

As #Trump’s policies begin to take effect, #ConsumerConfidence has fallen sharply & #inflation expectations rose while Americans fret about surging #prices & the potential impact of #tariffs.

The recent jump is stoking yet more uncertainty about an economic outlook already clouded by Trump’s chaotic approach to #trade, #immigration, #taxation & other #policy areas.

#economy #PersonalFinance #USpol
conference-board.org/topics/co

The Conference BoardUS Consumer ConfidenceA monthly survey of US consumer attitudes, spending plans, and expectations for inflation, stock prices, and interest rates
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