How Credit Card APR Really Works (And Why It Costs More Than You Think)

By Sahil MehtaSenior Financial Analyst, DollarDailyNews.com American household debt has crossed another uncomfortable milestone. Total credit card balances now exceed $1.13 trillion, and average APRs are hovering near multi-decade highs often above 24%. For roughly half of cardholders who carry a balance, this is not just a statistic. It is a silent drain on wealth. … Read more

Inflation, AI Jitters, and the ‘Phantom’ Job Market: Why Today’s Economic Trifecta Could Define 2026

By Sahil MehtaSenior Financial Analyst, DollarDailyNews.comFriday, February 13, 2026 WALL STREET :- It feels strangely appropriate that today falls on Friday the 13th. As trading began this morning, the U.S. economy found itself facing a rare and uncomfortable convergence of risks. Not one major data point. Not two. But three powerful forces colliding at once: … Read more

High-Yield Savings vs Money Market Funds: Where Should Americans Park Their Cash in 2026?

By DollarDailyNews StaffSenior Financial Analyst & ContributorLast Updated: February 2026 Reviewed by: DollarDailyNews Financial Research TeamSources: Federal Reserve, FDIC, SEC, IRSFact-Checked: February 2026 ⚡ Fast Decision Guide: The 30-Second Summary If you don’t have time to read the full analysis, here is the bottom line for 2026: Feature High-Yield Savings (HYSA) Money Market Fund (MMF) … Read more

High-Yield Savings Accounts Explained: How to Earn More on Your Cash in 2026

By DailyDollarNews.com | Last Updated: February 2026 The “Free Coffee” Wake-Up Call Sarah, a 32-year-old marketing manager from Chicago, considered herself financially responsible. Over three years, she had built an emergency fund of $15,000 and kept it safely parked in the same savings account she’d used since college. One evening, while reviewing her tax paperwork, … Read more

Fed Holds Rates, Dollar Stays Firm, but “Sticky” Inflation Pressures Families: What February 2026 Means for Your Money

Is America headed for a smooth economic landing or a long stretch of financial uncertainty? The latest data from early 2026 suggests that stability has arrived, but relief is arriving much more slowly than many households expected. This week’s decisions from the Federal Reserve and new labor and inflation numbers reveal an economy that is … Read more

The Dollar’s “Wrecking Ball” Return: Why Europe’s Crisis Is About to Hit Your Wallet

By Sahil Mehta | Senior International Financial CorrespondentFebruary 4, 2026 At 7:00 a.m. Eastern yesterday, trading desks from New York to London lit up. Coffee cups were abandoned. Screens flashed red and green. Algorithms recalibrated in milliseconds. The breaking news came from Frankfurt. The European Central Bank, facing a deepening regional recession, cut interest rates … Read more