With Americans watching multiple banks collapse this year, there are growing concerns about their own accounts and whether or not they can trust financial institutions. Marty Cantor, CPA and economic development consultant, joined Cheddar News to break down why some banks are struggling and what certain income earners should considering doing with their own finances. "If you have less than $250,000 in your own name in any bank, or $500,000, if you have joint tendency, you're going to be ok because the FDIC will protect it. The credit unions have a national association of credit unions that provide the same coverage. But if you're over $250,000, an individual depositor, you ought to take a hard look and maybe move some money to another bank," he said.
A report showed that 2022 saw a record number of requests to ban books at U.S. public schools.
Flights in the UK experienced delays and cancellations due to technical issues.
You may soon begin negotiating your salary with an A.I. program and some companies are already doing so.
A new piece of legislation could change the credit card system.
Rising gas prices continue to worry Americans.
A new report showed that a small portion of American homeowners chose not to purchase homeowners insurance as premiums rise.
The federal government is fining American Airlines $4.1 million for dozens of instances in which passengers were kept on board planes without a chance to exit during long ground delays.
Heather Barnett, editor with Money Crashers, joined Cheddar News to discuss ways to cut down costs when living alone and what apps to use to stay on budget.
Sean Burgess, chief claims officer with Lemonade, joined Cheddar News to provide tips on how to handle finances and expenses with roommates and which apps are best to use when doing so.
Tesla is defending itself in the first trial against its autopilot assistance feature.
