Consumer Affairs

"She never explained anything": I am an elderly person and I lost $100,000 on the stock market this year.  Can I sue my financial advisor?

“She never explained anything”: I am an elderly person and I lost $100,000 on the stock market this year. Can I sue my financial advisor?

I am a senior citizen and I suffered significant losses in the range of $100,000 during the recent stock market turmoil. Can I sue my financial advisor? I understand the dynamics of the market in terms of its ups and downs, and I’ve weathered them before. However, it has been different with the market over …

“She never explained anything”: I am an elderly person and I lost $100,000 on the stock market this year. Can I sue my financial advisor? Read More »

Brace yourself: the Fed is about to inflict “some pain” with a 75 basis point rate hike.  Here's how to prepare your wallet and wallet.

Brace yourself: the Fed is about to inflict “some pain” with a 75 basis point rate hike. Here’s how to prepare your wallet and wallet.

The Fed is ready to bring the pain. Are you ready? A few weeks ago, Federal Reserve Chairman Jerome Powell warned that there would be “difficulties for households and businesses” as the central bank raises interest rates to fight higher inflation. higher than it has been for four decades. Powell and other members of the …

Brace yourself: the Fed is about to inflict “some pain” with a 75 basis point rate hike. Here’s how to prepare your wallet and wallet. Read More »

'We haven't seen a spike in food inflation yet': Food prices haven't risen so steeply since 1979, with basic groceries up nearly 40%

‘We haven’t seen a spike in food inflation yet’: Food prices haven’t risen so steeply since 1979, with basic groceries up nearly 40%

Food prices continued to rise in August, putting pressure on low- and middle-income households in particular. The cost of food for home preparation rose 13.5% from August 2021, the highest growth rate since March 1979, according to government data. The annual rise in the US consumer price index was 8.3% in August. Overall, food was …

‘We haven’t seen a spike in food inflation yet’: Food prices haven’t risen so steeply since 1979, with basic groceries up nearly 40% Read More »