KL

Katherine Lam

Fox Business

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    • Fox Business
      8 articles

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    • Amazon launches credit card for Prime members who want to build credit
      10 Jun 2019—Fox Business
      Fox Business Briefs: Amazon has reportedly added robot technology to a handful of warehouses to scan goods coming down a conveyor belt and putting them in boxes; new survey from Charles Schwab finds almost two thirds of Millennials say they are living paycheck to paycheck. Amazon Prime members who have no credit or need to rebuild their credit will now have a chance to do so. The e-commerce giant said Monday it has partnered with Synchrony Financial to launch the “Amazon Credit Builder” for...
    • Living with parents isn’t embarrassing until you’re 28, survey says
      5 Jun 2019—Fox Business
      Forbes Media Chairman Steve Forbes discusses the U.S.-China trade war and a report that millennial and GenXer 401(k) balances surged since the market bottomed in 2009. Living with your parents after college isn’t embarrassing when you’re in your early 20s, a new survey claimed. Instead, current parents, millennials and Gen Zs agreed it became embarrassing for people to live with their parents when they edged closer to 30, a TD Ameritrade survey conducted on more than 3,000 people showed. The...
    • More than a third of college students have credit card debt, study shows
      3 Jun 2019—Fox Business
      (iStock) Many college students are bogged down by student loan debt, but some also have to worry about paying off their credit card bill too, a new study shows. More than a third of college students in the U.S. said they have more than $1,000 in credit card debt, according to a survey by EVERGI and AIG released last week. Researchers discovered that students were using their credit card more and accruing more debt since 2012. “These unhealthy habits can compound stress and financial burden...
    • Top 10 US cities where college grads are most impacted by student debt
      28 May 2019—Fox Business
      Burger King is serving up a new promotion called 'Whopper Loans' where customers who make a purchase through the BK app can enter into a sweepstake to have their student loans paid off. College grads take an average of 19.7 years to pay off their student loans, and in some cities, residents are more impacted by their debt than others. Americans presently owe an estimated $1.5 trillion in student loan debt and the amount continues to rise, Nitro reported. According to a study by WalletHub,...
    • New college graduates’ salaries are barely increasing, study shows
      20 May 2019—Fox Business
      State Sen. Luke Rankin, (R-S.C.), on a new bill he introduced in South Carolina that would require high school students in the state to take a course in personal finance in order to graduate. New college graduates hoping to earn more in their first job out of school than previous grads may be sorely disappointed when they get their first paycheck. Salaries for the graduating class of 2019 barely increased from 2018 despite the unemployment rate at a 32-year low, a study by Korn Ferry claimed....

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