Latest Articles by Maggie

Income Equality Rallied in 62 of 100 Largest Metros as Pandemic Was Underway — Metros Where It Improved, Worsened the Most
Despite the destructive impact the COVID-19 pandemic has had on the economy, the latest MagnifyMoney study reveals one silver lining: Income equality improved across the majority of the 100 largest U.S. metros. According to LendingTree senior economist Jacob Channel, it’s likely due to the pandemic. “Two of the biggest factors ... Continue Reading
September 19, 2022
Child Care Challenges Cost Americans $359 Million in Lost Wages Every Week
Finding child care is often a difficult and costly hurdle for working families with children. Parents increasingly report that child care costs strain their monthly budget. Even after making arrangements, plans may fall through and emergencies may spring up, forcing parents to leave early, take part or all of a ... Continue Reading
August 22, 2022
July Savings Index: Americans Pull Money From Savings at Highest Rate in 2022
Many Americans are increasingly fearful that the economy is approaching a recession. For many, that means it’s time to start saving again. The latest MagnifyMoney Savings Index indicates that 42% of consumers saved money in July, up from this year’s 35% low in June. But rising inflation means many are ... Continue Reading
August 1, 2022