Stretching Your Dollar: What to Know About Junk Fees
Brian Vendig, president of MJP Wealth Advisors, joined Cheddar News to talk about nuisance junk fees that tend to catch people off guard at the time of payment. Vendig broke down various uses for the fees and what consumers can do to protect themselves against surprise costs.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.