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Personal finance expert: 'This could be the most expensive Thanksgiving that we've had in history'

Video Credit: Bleacher Report AOL - Duration: 04:55s - Published
Personal finance expert: 'This could be the most expensive Thanksgiving that we've had in history'

Personal finance expert: 'This could be the most expensive Thanksgiving that we've had in history'

Ted Jenkin, a personal finance expert and CEO of oXYGen Financial, tells CNN’s Pamela Brown that Americans should be ready for an expensive Thanksgiving holiday due to increased prices of everything from Turkey to pie to baking ingredients.


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House GOP Unveils Plan for Regaining the Majority [Video]

House GOP Unveils Plan for Regaining the Majority

House GOP , Unveils Plan for , Regaining the Majority. Politico reports that House Republican leaders plan to formally unveil an agenda focused on ramping up fossil-fuel production, curbing immigration and fighting crime. Politico reports that House Republican leaders plan to formally unveil an agenda focused on ramping up fossil-fuel production, curbing immigration and fighting crime. This is not just talking points. It’s actually a real agenda. It’s not a political agenda — it’s an agenda of what we want to do starting on Day One, Mario Diaz-Balart, House Representative From Florida, via Politico. On September 22, GOP leaders briefed members, highlighting that crime was a "top issue" alongside reducing reliance on foreign oil. On September 22, GOP leaders briefed members, highlighting that crime was a "top issue" alongside reducing reliance on foreign oil. Republicans believe the blueprint offers critical direction while the party fights to regain the majority. Politico reports that after the blueprint's soft launch, GOP representatives quickly started posting the plan's topline points across social media. Politico reports that after the blueprint's soft launch, GOP representatives quickly started posting the plan's topline points across social media. I think the American people, once they see that we mean business with this. I think it’s gonna restore trust, Bill Johnson, House Representative From Ohio, via Politico. Even Senate Minority Leader Mitch McConnell chimed in on Twitter to highlight key tenets of the plan. . Less inflation. More law and order. Parents’ rights. Border security. American energy, Mitch McConnell, Senate Minority Leader, via Twitter. The plan has reportedly received broad endorsement across both the conference and candidate slates. The blueprint was authored by Minority Leader Kevin McCarthy alongside Minority Whip Steve Scalise and Conference Chair Elise Stefanik. The blueprint was authored by Minority Leader Kevin McCarthy alongside Minority Whip Steve Scalise and Conference Chair Elise Stefanik. The blueprint was authored by Minority Leader Kevin McCarthy alongside Minority Whip Steve Scalise and Conference Chair Elise Stefanik

Credit: Wibbitz Top Stories    Duration: 01:31Published
Fed Approves Third-Straight Massive Rate Hike [Video]

Fed Approves Third-Straight Massive Rate Hike

Fed Approves , Third-Straight , Massive Rate Hike. On September 21, the Federal Reserve made history by approving a third consecutive 75-basis-point hike. CNN reports that the aggressive move is meant to tackle out-of-control inflation that has been decimating America's economy. The massive hike takes the central bank's lending rate to a new target range of 3% to 3.25%. According to CNN, that's the highest the federal funds rate has been since the worldwide financial crisis of 2008. The decision is likely to bring economic hardship for millions of Americans, driving the cost of borrowing higher. While higher interest rates, slower growth, and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses, Jerome Powell, Federal Reserve Chairman, via CNN. While higher interest rates, slower growth, and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses, Jerome Powell, Federal Reserve Chairman, via CNN. These are the unfortunate costs of reducing inflation. But a failure to restore price stability would mean far greater pain, Jerome Powell, Federal Reserve Chairman, via CNN. According to Moody’s Analytics, consumers are now spending about $460 more per month on groceries than at the same time in 2021. According to Moody’s Analytics, consumers are now spending about $460 more per month on groceries than at the same time in 2021. On September 21, the Fed released its updated Summary of Economic Projections which forecast interest rates will remain high for years to come. On September 21, the Fed released its updated Summary of Economic Projections which forecast interest rates will remain high for years to come. The data also showed that Core Personal Consumption Expenditures, the Fed’s favored measure of rising prices, is expected to hit 4.5% this year and 3.1% in 2023. CNN reports that the news comes amid the growing threat of a hard landing, where tightening monetary policy triggers a recession

Credit: Wibbitz Top Stories    Duration: 01:31Published

'The pandemic is over': Joe Biden insists America is through the worst of COVID-19

Joe Biden has said the "pandemic is over", despite hundreds of Americans dying with the virus every day.
Sky News
4 Surprising Stats About Gamers (National Video Games Day) [Video]

4 Surprising Stats About Gamers (National Video Games Day)

4, Surprising Stats , About Gamers. Video games have been a widespread phenomenon since the 1980s. To celebrate National Video Games Day, here are some statistics about gamers. To celebrate National Video Games Day, here are some statistics about gamers. The Entertainment Software Association found that 46% of gamers are female while 54% are male. The ESA also reports that the average age of female gamers is 34 years old while it's 32 years old for men. 65%, of Americans play video games. 'Casual' is the most popular video game genre, followed by the action genre and the shooter genre

Credit: Wibbitz Top Stories    Duration: 00:48Published