Keeping a tab on financial health can be tricky at times. Erin Lowry, Author of "Broke Millennial", joined us at the New York Stock Exchange to share some tips for getting personal finances in order.
Only 12% of millennials feel prepared for their financial future. Lowry breaks down steps people can take to improve their financial health. She recommends using the app Turbo, which gives you a holistic approach to keeping track of your financials.
55% of people served by Turbo don’t feel credit score is a good indicator of financial standing. Lowry says it’s a piece of the puzzle, but it’s not the end-all-be-all. She adds that the debt-to-income ratio is a good metric to go alongside credit score. Lowry says Intuit’s Turbo app is a good option for staying on top of personal finances in a digital and mobile age.
Ford's business will gradually transition from its internal combustion vehicles to battery electric vehicles, but combustion vehicles will continue to grow for the next few years, CFO John Lawler told Cheddar News.
Stocks rose Thursday, but only after another dizzying day for Wall Street where a big show of strength from the morning vanished and worries rose about the banking industry.
The labor market continues to defy the Federal Reserve’s attempts at loosening it, with U.S. applications for unemployment benefits down again last week and remaining at historically low levels.
General Motors (GM) announced that it will stop production on the current sixth generation of the iconic Chevrolet Camaro. Production at the Lansing Grand River Assembly Plant in Michigan is expected to end in January 2024.