Taking care of pets is becoming increasingly difficult for many Americans. Nationwide Pet, the largest provider of pet insurance in the U.S., is dropping around 100,000 policies by next summer due to rising veterinary costs. This reflects a broader trend of insurance becoming harder to obtain, from homeowners to vehicle insurance. Nationwide cited inflation in veterinary care and other factors as reasons for these changes, … Continue reading Nationwide says it’s dropping thousands of pet insurance policies due to inflation

The S&P 500 reached a new record high on Monday, closing up 0.77% at 5,473.23, as Wall Street continued last week’s upward momentum. The Nasdaq Composite rose 0.95% to 17,857.02, and the Dow Jones Industrial Average gained 188.94 points, or 0.49%, to 38,778.10, ending a four-day losing streak. Megacap technology stocks significantly contributed to the S&P 500’s rally, with the information technology sector rising 1.2%. … Continue reading S&P 500 rises to record close Monday

Boeing CEO Dave Calhoun will apologize for the company’s recent safety failures and acknowledge cultural issues in his Senate testimony. However, he will refute claims that Boeing retaliated against whistleblowers who raised safety concerns. In his prepared remarks, Calhoun will admit that Boeing’s culture is imperfect but emphasize ongoing efforts to address and improve it. This comes amidst intense scrutiny following a January 5 incident … Continue reading Boeing CEO admits company has been ‘far from perfect’ after a flood of safety lapses

Home foreclosures increased in May as Americans struggle with the ongoing cost-of-living crisis, according to a report by real estate data provider ATTOM. The report identified 32,621 properties with foreclosure filings, a 3% rise from the previous month but a 7% decrease from the same time last year. ATTOM CEO Rob Barber noted that while foreclosure starts slightly increased, completed foreclosures declined, indicating resilience in … Continue reading Home foreclosures are on the rise again nationwide

Although the rate of food price increases has slowed recently, many shoppers still feel burdened by high grocery costs. According to a report by Intuit Credit Karma, 80% of Americans have noticed significant grocery price hikes in the past few years, with prices rising 25% since the pandemic began. Some consumers have had to forego necessities to afford food, with 28% sacrificing rent or bills, … Continue reading 80% of Americans say grocery costs have notably increased