Lorie Konish
CNBC
New York, NY, United States
Contact Lorie
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Past articles by Lorie:
Recession vs soft landing is a 'million-dollar question,' expert says. Where top financial advisors say to invest now
Though a downturn may still be on the horizon, top financial advisors see opportunities in equities, fixed income and cash now. → Read More
Women are likely to face financial curveballs in retirement — including one potentially life-destroying event
Certain financial shocks may hurt women's financial preparedness before and during retirement. Experts say those risks can be mitigated with proper planning. → Read More
47% of Americans say achieving retirement security will take a miracle. Why inflation is to blame
Many Americans expect to have to make some tough choices in retirement, a new survey from Natixis finds. Record high inflation is to blame. → Read More
The gap between wage growth and inflation is narrowing. Here's when workers may fully catch up
Wages in May began rising faster than inflation for the first time in years. But it may take some time for workers to fully recover financially. → Read More
This recession indicator may be a 'broken odometer for the economy,' expert says. Where forecasts stand now
Economists are not on the same page as to whether an inverted yield curve points to a recession. → Read More
Fake Taylor Swift tickets, student loan forgiveness: 4 top scams that targeted consumers this summer
Consumers eager to spend this summer may have found they were lured by false promises. These scams were the most common this season, according to Visa. → Read More
63% of workers unable to pay a $500 emergency expense, survey finds. How employers may help change that
High inflation continues to add financial stress to workers' budgets. Experts say new benefits to provide emergency savings plans may help. → Read More
What to know before you take advantage of your credit card’s buy now, pay later option
Following the lead of buy now, pay later plans, credit cards are also offering similar plans for cardholders. Experts say it's important to read the fine print. → Read More
TikTok aging filter may nudge you toward long-term thinking and could make you richer
Seeing yourself through a new filter may prompt you to take anti-aging measures. Experts say that should include preparation for your financial future. → Read More
With credit card interest rates at record highs, these 4 tips can help debtors beat the 'brutal' minimum payment cycle
Credit card interest rates have climbed to record levels. That's bad news for households carrying balances from month to month. → Read More
Teens with a summer job can capitalize on the ‘greatest money-making asset,’ says expert. Here’s how
Summer jobs let young workers get a feel for earning money. But they can also offer the opportunity for them to start investing. → Read More
As 'bougie broke' videos trend on social media, experts say that's not necessarily a bad thing
New social media videos are start to removing the stigma tied to spending decisions, experts say. That may ultimately help people become wealthier. → Read More
Many Americans fear a recession as severe as 2008 could be coming. Here’s what experts say
As the Federal Reserve works to curb inflation, experts are forecasting for a mild recession. Here's when they say that downturn may start. → Read More
With a record number of travelers expected to drive this July 4, here's how to save on gas
Pent-up travel demand will prompt more people to hit the road this holiday weekend. These tips can help drivers save on gas. → Read More
This safety net for the elderly and disabled comes with strict rules on savings. That may change
Supplemental Security Income benefits provide a safety net for low-income elderly and disabled individuals. But the program also comes with saving restrictions. → Read More
Social Security phone service disruptions led to dropped calls, longer wait times, report finds
Social Security prioritized phone services after the onset of Covid-19. But outdated technology and other glitches led to disruptions, a report found. → Read More
Republicans and Democrats agree Social Security reform needs to happen. But they're divided on how
Social Security changes enacted in 1983 were prompted by a commission. Today, experts are divided as to whether a similar tactic should be used. → Read More
Americans think they will need nearly $1.3 million to retire comfortably, study says. How to calculate your own 'magic number'
When it comes to retirement, many Americans have a big-dollar figure in mind for how much they will need. However, they have much less set aside on average. → Read More
57% of people are uncomfortable with their level of emergency savings. Here’s how much they think they need
When it comes to having cash set aside, many say at least three months of expenses is the goal. Yet many fall short of of that goal, a new survey finds. → Read More
Mortgage points may help homebuyers lower monthly costs amid high interest rates. How to know if this strategy is right for you
Interest rates are expected to stay high this year, which means mortgages are more expensive. Experts say this strategy can help buyers reduce monthly costs. → Read More