Financial stress is very real and it can lead to people making worse financial decision, which ultimately negatively impacts the economy. Mitch Roschelle, principal at Madison Ventures+, joined 'Stretching Your Dollar' to provide some tips on how people can manage stress when it comes to money. "If you step back and you can parse your requirements between need and wants, I think you can begin to manage stress a little bit better," he told Cheddar News.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
