Our best weapon in the fight against the coronavirus is social distancing, but it can be difficult — if not impossible — for people who live in prisons that now face some of the highest COVID-19 rates in the country. One in five prisoners has contracted the disease. Cheddar Senior Reporter Michelle Castillo took a closer look at the situation incarcerated people are facing during the pandemic.
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
The U.S. economy added 272,000 jobs in May, far more than expected. But that number doesn't tell the whole story. Interest rate cuts could still be on the way.