Wsj Your Money Briefing

Arguments regarding President Biden’s plan to cancel $20,000 in debt for some student loan borrowers will be heard by the Supreme Court later this month. WSJ reporter Gabriel T. Rubin tells host J.R. Whalen the upcoming cancellation of the Covid-19 national emergency declaration could cast doubt on the fate of the debt cancellation plan. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

While many companies hired more than a million workers over the past several months, others have been laying off thousands of employees. WSJ’s Sarah Chaney Cambon joins host J.R. Whalen to discuss the state of the U.S. labor market and what it means for the broader economy. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The next phase of the Biden Administration’s program that changes the way medical debt is recorded on credit reports is underway. NerdWallet personal finance expert Sara Rathner joins host J.R. Whalen to discuss what this could mean for many Ameircans’ credit scores. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Federal Reserve says worker pay in the U.S. is rising too fast for it to bring inflation down to 2%. WSJ Heard on the Street columnist Justin Lahart joins host J.R. Whalen to explain how workers’ share of the economy continues to shrink, despite rising hourly wages. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

As car dealers rebuild their inventories, prospective buyers are putting off purchases because of high prices coupled with rising interest rates. WSJ reporter Sean McLain joins host J.R. Whalen to discuss how dealers plan to entice buyers, and how consumers can avoid rising rates.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Mortgage rates have fallen a full percentage point since last fall, and that has stirred up activity in the housing market which fell into a slump last year. WSJ’s Ben Eisen joins host J.R. Whalen with an outlook for the housing market in 2023.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Growing financial strain and looser regulations are driving more Americans to make early withdrawals from their 401(k) retirement accounts. WSJ retirement reporter Anne Tergesen joins host J.R. Whalen to discuss the risks people should consider before taking money out.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Whole Foods recently asked its suppliers to rein in the costs it passes on to the grocery chain. WSJ reporter Jaewon Kang joins host J.R. Whalen to discuss what that means for consumers’ grocery bills. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Congress recently passed a broad set of rule changes that affect Americans’ 401(k) and retirement accounts, to make it easier for people to sign up. WSJ personal finance reporter Ashlea Ebeling joins host J.R. Whalen with details.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Despite a still-strong labor market, retail purchases have fallen in three of the past four months, and sales of autos and existing homes have fallen to their lowest levels in several years. WSJ economics reporter Harriet Torry joins host J.R. Whalen to discuss the substantial dropoff in consumer spending, and whether it likely means a recession is imminent.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Researchers suggest that time is something we should invest, rather than spend, to accumulate wealth, fulfillment and meaning that our future selves can draw on. WSJ personal-finance reporter Joe Pinsker joins host J.R. Whalen to discuss how it can help us understand investing money as well.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

As more Americans grow weary of inflation, some are cutting back on everyday goods so they can splurge on expensive items. Host J.R. Whalen is joined by WSJ reporter Rachel Wolfe, and Atlanta resident Lamont Johnson, who’s treated himself to several luxury items.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Investors added cash to global money-market funds over the past four weeks at levels not seen since May of 2020. WSJ markets reporter Hardika Singh joins host J.R. Whalen to discuss how cash delivers better returns than many stocks in the current market. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

While workers across all groups saw a median 7.4% pay increase in 2022, Black workers as well as young people and low-wage earners received the largest pay increases in the fourth quarter. Wall Street Journal reporter Gabriel T. Rubin joins host J.R. Whalen to discuss what the 2023 jobs picture looks like for those groups.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Despite recent controversy about gas stoves, home buyers say they prefer them over electric units. WSJ’ personal-finance reporter Veronica Dagher joins host J.R. Whalen to explain why.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

After several years of red-hot hiring during the pandemic, many companies are slowing down hiring amid economic uncertainty. So what does that mean for finding a new job? Wall Street Journal economics reporter Sarah Chaney Cambon joins Your Money Briefing host Danny Lewis to break down what’s going on in the job market. Unemployed Americans Find Job Searches Take Longer as Labor Market Cools - WSJ  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Which airlines performed best in 2022 amid severe weather and scores of delays and cancellations? WSJ “Carry On” travel columnist Dawn Gilbertson joins host J.R. Whalen with results of the WSJ’s annual airline scorecard. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Consumer confidence has hovered near record lows for much of the past year, even as hourly wages have steadily climbed. Host J.R. Whalen is joined by WSJ reporter Rachel Wolfe to discuss the economic factors that have held consumer confid ence in check, and if there is any reason for optimism on the horizon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Fraudsters posing as job recruiters have duped U.S. jobseekers out of hundreds of millions of dollars. Host J.R. Whalen is joined by WSJ reporter Imani Moise, who explains how the scammers operate, and by a California woman who was nearly taken in by a fraudster. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Airfares and hotel prices are still projected to be pricey in the first part of 2023, despite inflation cooling overall. WSJ travel reporter Allison Pohle joins host J.R. Whalen to discuss why prices have remained high and how travelers can score discounts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.