Believe it or not, but New York City is about to get even more expensive this month. New Yorkers will be paying 15 cents more more to ride the subway or the bus later in August, and residents are set to spend nearly another $15 a month on average on electricity. That’s on top of rents near a record high, consistently keeping the Big Apple among the world’s most expensive cities. While the increases are minimal compared to much-too-high rents and other costs, they add to the long list of items...

College-educated and Black women are more likely to out-earn their husbands. Listen to this article 3:07 Tracking the forces driving change Sign up for the Bloomberg Equality newsletter. By submitting my information, I agree to the Privacy Policy and Terms of Service and to receive offers and promotions from Bloomberg. In almost half of opposite-sex marriages in the US, women now earn at least as much or more than their husbands. Nearly one-third of wives earn roughly the same amount as their...

Spending on credit and debit cards rose at the smallest pace in more than two years, dragged down by slower wages, fewer tax refunds and the end of pandemic-era benefits, according to a report by Bank of America Institute. After a strong start of the year, spending per household rose 0.1% from a year ago, the slowest pace since February 2021, Bank of America Institute said Wednesday. The weakness was broad-based across goods and services. Based on BofA internal data, households that make more...

Record numbers of young, unmarried couples are moving in together. They’re doing it for love — and money. More than 11% of Americans aged 18 to 24 lived with a romantic partner who’s not a spouse last year, the highest share ever, according to Census Bureau data. That’s about 3.2 million people, roughly 650,000 more than before the pandemic.