Daniel de Visé

2 weeks ago | aol.com | Daniel de Visé

Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot. Roughly two-fifths of consumers with credit card debt have lied about the amount of their debt, according to a recent survey from LendingTree, an online lending marketplace. Among those with card debt who earn more than $100,000 a year, the share who lie about it rises to half. Experts say a credit card balance isn’t like other debt when it comes to guilt and shame.

3 weeks ago | aol.com | Daniel de Visé

Horrible bosses − the ones who lose their temper, shout at subordinates and berate their work − are bad for everyone. On that point, the research is clear. And yet, some bosses continue to act out, perpetuating a legacy of managerial tongue-lashings that stretches from Steve Jobs to Gordon Ramsay to Donald Trump. A team of researchers decided to find out why. Here’s what they found: Many toxic bosses thrive on bullying. They think their tirades help the organization, rather than hurt it.

3 weeks ago | aol.com | Daniel de Visé

At least $1.7 trillion languishes in lost or forgotten 401(k) accounts, with an average unclaimed balance of $56,616. Those 29 million idle accounts represent one quarter of all assets held in 401(k) retirement plans. And those figures come from a 2023 report from Capitalize, a financial services firm. The numbers could be higher now. “That’s a heck of a lot of money,” said James Royal, an investing analyst at Bankrate.

3 weeks ago | aol.com | Daniel de Visé

American consumers may be learning to live with inflation. A long-running Gallup poll shows a steep drop in the share of Americans who name inflation as their biggest financial problem. Only 29% of consumers listed inflation as their top financial concern in April, down from 41% in April 2024. It’s the lowest reading on the annual survey since 2021. Another recent survey, from the Ipsos Consumer Tracker, found fewer Americans think prices are rising.

3 weeks ago | eu.blueridgenow.com | Daniel de Visé

Sticker shock: Are American consumers learning to live with inflation? Trump vowed economic relief, but Americans say they're strugglingPresident Donald Trump promised to end inflation and bring down food costs right away after he took office. Here's what Americans think 100 days in. American consumers may be learning to live with inflation. A long-running Gallup poll shows a steep drop in the share of Americans who name inflation as their biggest financial problem.