Fed Finds Many Families Would Struggle With a Surprise $400 Bill

75 Views · Published on Mon, 27 May 2019 · FINANCE & BUSINESS

May.24 -- Even with unemployment near a 50-year low, many American families can’t afford an unexpected bill. A Federal Reserve report shows that 40% of households would struggle to pay for a $400 emergency.

Related Videos

How Tesla Owners Can Make Money Repurposing Their Cars Into Robotaxis

How Tesla Owners Can Make Money Repurposing Their Cars Into Robotaxis

2 years ago
60,053

Tesla’s CEO Elon Musk unveiled a plan to repurpose Tesla vehicles into robotaxis. This would allow owners of Teslas equipped with autonomous functionality to rent out their car while it is not in use via an app. Musk estimates a single robotaxi can make $30,000 a year. He thinks the program can be implemented as...

Facebook to Launch its Own Cryptocurrency in 2020

Facebook to Launch its Own Cryptocurrency in 2020

2 years ago
173

Facebook plans on launching the cryptocurrency, termed “GlobalCoin,” in a dozen countries by the first quarter of 2020, BBC reports. ► Subscribe for more tech & culture videos: http://on.mash.to/subscribe ◄ MORE FROM MASHABLE * Tricking iPhone Facial Recognition: http://bit.ly/2M85wSJ *...

The Kombucha Billionaire Looking To Save The Industry From Itself |...

The Kombucha Billionaire Looking To Save The Industry From Itself |...

2 years ago
735

GT Dave, founder of GT's Living Foods, evaluates his role in the rise of the Kombucha industry and what that means for the future of the beverage. Read more on Forbes: https://www.forbes.com/sites/chloesorvino/2019/05/09/gt-dave-kombucha/#51c3ef4455b5 Subscribe to FORBES:...

How a Simple Crime Led to Plastic Money

How a Simple Crime Led to Plastic Money

2 years ago
2,952

In 1966, Australia switched from pounds to decimal currency. The country’s central bank issued a new range of banknotes with modern safety features - including watermarks, woven metal thread and raised print. But these technologies couldn’t prevent a $900,000 swindle. Video by Vicky Feng

How Fannie and Freddie Prop Up America's Favorite Mortgage

How Fannie and Freddie Prop Up America's Favorite Mortgage

2 years ago
35,701

Fannie Mae and Freddie Mac back about half of new mortgages in the U.S. Now, talks are heating up about reshaping or shrinking the two companies, a move that could impact millions of Americans. Photo: Heather Seidel/The Wall Street Journal Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from...

Major U.S. Retailers are Now Accepting Bitcoin and Other...

Major U.S. Retailers are Now Accepting Bitcoin and Other...

2 years ago
270

Those taking the digital money include clothing store Nordstrom, grocer Whole Foods, and movie chain Regal Cinemas. The move is thanks to a new deal between payment network Flexa and digital asset platform Gemini. ► Subscribe for more tech & culture videos: http://on.mash.to/subscribe ◄ MORE FROM...

Here's How Scammers are Targeting Your Stimulus Checks

Here's How Scammers are Targeting Your Stimulus Checks

1 year ago
968

Adam Levin, co-founder of Credit.com and founder of Cyberscout, says that scammers are now targeting your stimulus checks. Levin says that scammers are already making calls, sending texts and emailing potential victims. Watch this video to learn more about how the scams work and how you can protect yourself. Scam...

Elon Musk is interested in buying $25 million in Tesla stock

Elon Musk is interested in buying $25 million in Tesla stock

2 years ago
173

Electric car maker Tesla said in a filing Friday morning that it will boost the size of its share offering and said CEO Elon Musk will now buy $25 million in stock.

How To Save Money And Build Wealth When You're In Debt

How To Save Money And Build Wealth When You're In Debt

2 years ago
380

How to save money when you're broke or living paycheck to paycheck is a concern for many Americans. Farnoosh Torabi, personal finance author and host of the "So Money" podcast, has some helpful advice on how to start saving money right now, regardless of your financial situation. » Subscribe to...

Comments
 

You have
500
characters left.
  •  
  •