Lorie Konish
@loriekonish.bsky.social
📤 1151
📥 144
📝 44
Personal finance reporter at CNBC.
Trump’s “big beautiful” bill could enact broad changes to household finances. Here's what the provisions could mean for your money
www.cnbc.com/guide/the-bi...
loading . . .
What the Senate Republican tax and spending bill means for your money
Senate Republicans have approved their version of President Donald Trump’s one “big beautiful” bill. Here’s what the provisions could mean for your money.
https://www.cnbc.com/guide/the-big-beautiful-bill-act-senate-republican/
4 months ago
0
1
0
reposted by
Lorie Konish
David Kendall
4 months ago
"Families may see their medical debts increase by as much as $22,800" as reported by
@cnbc.com
cnbc.com/2025/06/23/b...
@loriekonish.bsky.social
loading . . .
Health-care cuts in GOP’s budget bill may add up to $22,800 in medical debt for some families: Report
The Republican bill and failure to extend existing programs may prompt about 16 million Americans to lose health-care coverage. Medical debts may climb higher.
https://cnbc.com/2025/06/23/big-beautiful-bill-health-care-cuts-may-add-to-medical-debts-report.html
0
1
1
'This is the Trump recession,' CEOs say, with tariff price increases, job losses coming: CNBC survey
loading . . .
'This is the Trump recession,' CEOs say, with tariff price increases, job losses coming: CNBC survey
CEOs expect a recession, price hikes and job losses as a result of President Trump's tariffs, according to a flash survey of CNBC CEO Council members.
https://cnb.cx/423xsMu
7 months ago
0
2
0
reposted by
Lorie Konish
CNBC
7 months ago
SUNDAY: Following President Donald Trump’s executive order on tariffs, CNBC will air a live special report that will focus on the tariffs’ impact on the U.S. and global markets. Tune in to CNBC Sunday at 7 p.m. ET to watch.
12
29
12
Tomorrow, Trump's pick to lead the Social Security Administration, Frank Bisignano, will sit before the Senate. One question he's likely to be asked is what his views are on privatizing the agency
loading . . .
Senators press Trump Social Security nominee on his views about privatizing the agency
Fiserv CEO Frank Bisignano is scheduled Tuesday to face senators' questions on his nomination to serve as Social Security commissioner.
https://www.cnbc.com/2025/03/24/senators-press-trump-social-security-nominee-on-privatizing-the-agency.html
7 months ago
0
4
1
Update: A federal judge reprimanded Social Security Administration acting commissioner Lee Dudek on Friday for “making threats about shutting down operations” at the agency.
add a skeleton here at some point
7 months ago
0
1
0
Social Security Administration acting commissioner Lee Dudek reversed his stance late Friday after telling multiple media outlets a court order may force him to halt the agency’s operations
loading . . .
Social Security chief reverses stance, says he won't shut agency because judge barred DOGE from records
A federal judge's order may require the agency to terminate access for all employees to its IT systems, acting commissioner Lee Dudek told Bloomberg.
https://www.cnbc.com/2025/03/21/social-securitys-lee-dudek-raises-concerns-following-judges-restraining-order.html
7 months ago
0
0
1
The Social Security numbers and other private information of more than 200 former congressional staffers and others were made public in unredacted files related to the assassination of President John F. Kennedy
loading . . .
Social Security numbers and other private information unmasked in JFK files
The data belongs to more than 200 former congressional staffers and others with connections to decades-old investigations.
https://www.washingtonpost.com/investigations/2025/03/19/personal-information-jfk-files-social-security-numbers
7 months ago
0
0
0
A new law, the Social Security Fairness Act, provides benefit increases for more than 3.2 million individuals including certain teachers, police officers, firefighters and other public servants. Yet it may take more than a year to implement the benefit increases, including lump sum back payments.
loading . . .
Why benefit increases prompted by the Social Security Fairness Act may be difficult to implement
A new law will provide Social Security benefit increases for more than 3.2 million individuals. Yet it may take more than a year before some see the money.
https://www.cnbc.com/2025/02/13/why-benefit-increases-from-social-security-fairness-act-may-take-time.html
8 months ago
0
0
0
Many databases from the U.S. Census Bureau appeared to be unavailable to the public on Thursday
loading . . .
Some Census Bureau data now appears to be unavailable to the public
Several economists told CNBC's Steve Liesman that they were unable to access data from the main Census Bureau website on Thursday.
https://www.cnbc.com/2025/02/06/some-census-bureau-data-now-appears-to-be-unavailable-to-the-public.html
9 months ago
0
1
1
New from President Donald Trump: “I’ll demand that interest rates drop immediately ... And likewise, they should be dropping all over the world. Interest rates should follow us all over.”
loading . . .
President Donald Trump says he'll 'demand that interest rates drop immediately'
https://www.cnbc.com/2025/01/23/president-donald-trump-says-hell-demand-that-interest-rates-drop-immediately.html
9 months ago
1
1
0
The share of active credit card holders just making minimum payments rose to 10.75% in the third quarter of 2024, the highest ever in data going back to 2012
loading . . .
A record number of consumers are making minimum credit cards payments as delinquencies also rise
The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal Reserve report said.
https://www.cnbc.com/2025/01/22/minimum-payments-on-credit-cards-hit-record-level-as-delinquencies-also-rise.html
9 months ago
0
2
0
So many Americans are turning 65 it's been called a "silver tsunami." And that now includes R.E.M.'s Michael Stipe. "There is something about this particular rock star becoming eligible for Medicare that sticks in one’s gullet," writes Will Leitch. The band may help teach us to age gracefully.
loading . . .
Opinion | How the biggest rock band in the world disappeared
R.E.M. taught Gen X it’s better to fade away than to burn out.
https://www.washingtonpost.com/opinions/interactive/2025/michael-stipe-65-birthday-rem-band
9 months ago
0
2
0
Big news from
@rjleung7.bsky.social
: The CFPB is suing Capital One for “cheating” customers out of more than $2 billion in interest. The agency said the banking giant used deceptive marketing to obscure differences in interest rates between two of its savings-account options.
loading . . .
CFPB sues Capital One for 'cheating' customers out of over $2 billion in interest
The Consumer Financial Protection Bureau announced it was suing Capital One for "cheating" customers out of more than $2 billion in interest.
https://www.cnbc.com/2025/01/14/cfpb-sues-capital-one-alleges-it-misled-consumers-on-savings-rates.html
9 months ago
1
6
2
reposted by
Lorie Konish
Kate Dore, CFP®, EA
10 months ago
If you have medical debt, the final CFPB rule could boost your credit score by an average of 20 points. Here are the details from
@loriekonish.bsky.social
:
www.cnbc.com/2025/01/07/c...
loading . . .
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.
https://www.cnbc.com/2025/01/07/cfpb-finalizes-rule-to-remove-49-billion-in-medical-debt-from-credit-reports.html
0
6
3
As the Senate wraps up its final legislative days for the year, it is expected to vote on a bill that would increase Social Security benefits for about 3 million people
loading . . .
Senate expected to hold final vote on bill to change Social Security rules. Here's what leaders have said
As the Senate wraps up its final legislative days for the year, it is expected to vote on a bill affecting Social Security benefits for about 3 million people.
https://www.cnbc.com/2024/12/19/senate-to-hold-final-vote-on-social-security-bill-what-leaders-are-saying.html
10 months ago
0
2
0
Key House Republicans said Thursday afternoon that they had reached a short-term government funding deal designed to avert a shutdown
loading . . .
House Republicans say they have deal to avert government shutdown
https://www.cnbc.com/2024/12/19/house-republicans-say-they-have-deal-to-avert-government-shutdown.html
10 months ago
0
2
1
reposted by
Lorie Konish
CNBC
10 months ago
The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years.
www.cnbc.com/2024/12/18/f...
4
23
14
If President-elect Donald Trump is going to push inflation back down to a more tolerable level, he will need help from housing costs, an area where federal policymakers have only a limited amount of influence
loading . . .
If Trump wants to kill inflation, the first thing he needs to do is get more homes built
If President-elect Donald Trump is going to push inflation back down to a more tolerable level, he will need help from housing costs.
https://www.cnbc.com/2024/12/11/if-trump-wants-to-kill-inflation-the-first-thing-he-needs-to-do-is-get-more-homes-built.html
10 months ago
0
2
0
Consumers saw inflation pick up slightly in November, as price increases in categories like groceries, gasoline and new cars outweighed a deceleration in others like shelter during the month
loading . . .
Here’s the inflation breakdown for November 2024 — in one chart
Increases in prices for groceries and gasoline outweighed disinflation in categories like shelter, according to the consumer price index.
https://www.cnbc.com/2024/12/11/inflation-cpi-bls-november-2024-in-one-chart.html
10 months ago
0
2
0
A key economic report coming Wednesday is expected to show that progress has stalled in bringing down the inflation rate, though not so much that the Federal Reserve won’t lower interest rates next week
loading . . .
The CPI report Wednesday is expected to show progress on inflation has hit a wall
The consumer price index is expected to show a 2.7% 12-month inflation rate for November.
https://www.cnbc.com/2024/12/10/the-cpi-report-wednesday-is-expected-to-show-progress-on-inflation-has-hit-a-wall.html
10 months ago
0
1
0
In a new letter, seven Democratic lawmakers probed "Dr. Oz" on his past support for putting all seniors in Medicare Advantage and questioned whether he has conflicts of interest
loading . . .
Democrats demand answers from Trump pick Mehmet Oz on 'Medicare privatization'
In a new letter, seven Democratic lawmakers probed "Dr. Oz" on his past support for putting all seniors in Medicare Advantage and questioned whether he has conflicts of interest.
https://www.nbcnews.com/politics/congress/democrats-demand-answers-trump-pick-mehmet-oz-medicare-privatization-rcna183514
10 months ago
0
0
0
With spot bitcoin ETFs now accounting for more than $100 billion in assets, bitcoin is now about 1% of the assets under management of the entire ETF universe
loading . . .
ETFs holding bitcoin are now the crypto's largest holders, surpassing creator Satoshi Nakamoto
Bitcoin's value is swelling in 2024, and ETFs holding the cryptocurrency are seeing a boom in assets under management.
https://www.cnbc.com/2024/12/10/etfs-holding-bitcoin-are-now-the-cryptos-largest-holders-surpassing-creator-satoshi-nakamoto.html
10 months ago
0
0
0
The family of American journalist Austin Tice, who disappeared in Syria more than a decade ago, said Monday that they have information he is alive and believe it's only a matter of time until they are reunited
loading . . .
Austin Tice's family says he's still alive after 12 years missing in Syria
The U.S. envoy for hostage affairs has traveled to Beirut as part of efforts to bring Tice home, a U.S. official told NBC News.
https://www.nbcnews.com/news/world/austin-tices-family-says-still-alive-12-years-missing-syria-rcna183351
10 months ago
0
1
0
A Nevada commissioner ruled resoundingly against Rupert Murdoch’s attempt to change his family’s trust to consolidate his eldest son Lachlan’s control of his media empire and lock in Fox News’s right-wing editorial slant
loading . . .
Rupert Murdoch Fails in Bid to Change Family Trust (Gift Article)
A Nevada commissioner ruled resoundingly against Mr. Murdoch, who was trying to give full control of his empire to his son Lachlan and lock in Fox News’s right-wing editorial slant.
https://www.nytimes.com/2024/12/09/business/media/rupert-lachlan-murdoch-family-trust.html?unlocked_article_code=1.gU4.6DUt.wUVgdQ6YAwRq&smid=bs-share
10 months ago
1
2
1
Households expecting their financial situation to be better a year from now jumped to 37.6%, the highest since before the Covid pandemic, a New York Fed survey shows
loading . . .
Household finance outlook hits highest since February 2020 following Trump win, New York Fed survey shows
Heads of households expecting their financial situation to be better a year from now jumped to 37.6%.
https://www.cnbc.com/2024/12/09/household-finance-outlook-hits-highest-since-february-2020-following-trump-win.html
11 months ago
1
0
0
For many Americans, finding affordable long-term care is a challenge. One congressman wants to create a federal program to help families cope with those costs
loading . . .
Many people can't afford long-term care insurance. One proposal calls for creating a federal program to help
For many Americans, finding affordable long-term care is a challenge. One congressman wants to create a federal program to help.
https://www.cnbc.com/2024/12/05/many-people-cant-afford-long-term-care-how-a-federal-program-may-help.html
11 months ago
0
1
0
The Los Angeles Times’ owner Patrick Soon-Shiong has been working “behind the scenes” to create a “bias meter” for every article that comes out of the newspaper. The new tool, which will be backed by artificial intelligence, may be released by January.
loading . . .
LA Times owner Patrick Soon-Shiong says ‘bias meter’ tagged to articles coming in January
Soon-Shiong discussed the upcoming venture with his recent editorial board pick, Scott Jennings, a conservative commentator and staunch Trump supporter.
https://nypost.com/2024/12/05/media/la-times-owner-patrick-soon-shiong-to-release-bias-meter/
11 months ago
0
1
0
Global food prices recently rose to an 18-month high, with some food baskets expected to continue climbing
loading . . .
Food prices are at their highest levels in over a year. And these items will get even more expensive
Global food prices recently rose to an 18-month high, with some food baskets expected to continue climbing, according to market watchers.
https://www.cnbc.com/2024/12/05/food-prices-are-at-a-one-year-high-heres-what-may-get-more-expensive.html
11 months ago
0
1
0
President-elect Donald J. Trump has picked Frank Bisignano, CEO of data processing company Fiserv, to be the next commissioner of the Social Security Administration
loading . . .
Trump Transition Live Updates: News on Pete Hegseth and Cabinet Picks
https://www.nytimes.com/live/2024/12/04/us/trump-news
11 months ago
0
0
0
UnitedHealth Group on Wednesday canceled its investor day after reports that the CEO of its insurer unit, Brian Thompson, was fatally shot in Manhattan.
loading . . .
UnitedHealth cancels investor day after reports of executive shot in Manhattan
UnitedHealth Group canceled its investor day after reports that the CEO of its insurer unit, Brian Thompson, was fatally shot in Manhattan.
https://www.cnbc.com/2024/12/04/unitedhealth-cancels-investor-day-after-reports-of-executive-shot-in-manhattan.html
11 months ago
0
1
0
Medicare beneficiaries still have a limited time to change their health plans or prescription drug coverage for 2025 before open enrollment ends on Dec. 7. When shopping for plans, experts say these tips are helpful to keep in mind.
loading . . .
Medicare open enrollment ends Dec. 7. These last-minute tips can help
More than 67 million beneficiaries rely on Medicare for health care coverage, and they still have several days to select their plans for 2025.
https://www.cnbc.com/2024/12/03/medicare-open-enrollment-ends-dec-7-these-last-minute-tips-can-help.html
11 months ago
1
1
0
reposted by
Lorie Konish
CNBC
11 months ago
Art Cashin, UBS’ director of floor operations at the New York Stock Exchange and a man The Washington Post called “Wall Street’s version of Walter Cronkite,” has died. He was 83 and had been a regular on CNBC for more than 25 years.
loading . . .
Art Cashin, New York Stock Exchange fixture for decades, dies at age 83
Art Cashin was UBS' director of floor operations at the NYSE and a man The Washington Post called "Wall Street's version of Walter Cronkite."
https://www.cnbc.com/2024/12/02/art-cashin-new-york-stock-exchange-fixture-for-decades-dies-at-age-83.html?__source=bluesky|main
15
89
23
reposted by
Lorie Konish
CNBC
11 months ago
CNBC is on Bluesky! Check out our starter pack of anchors, reporters and other staff at CNBC that you should follow for the latest in business news.
add a skeleton here at some point
149
466
130
The incoming Trump administration could bring sweeping changes to the Consumer Financial Protection Bureau and weaken the financial watchdog's efforts to limit overdraft fees; cap credit card late fees; enhance buy now, pay later protections; and remove medical debt from credit reports
loading . . .
Trump could dismantle newly built guardrails around your wallet, consumer groups warn
Advocates say they’re bracing for a sharp reversal at the Consumer Financial Protection Bureau after four of the most aggressive years in its brief history.
https://www.nbcnews.com/business/personal-finance/cfpb-biden-trump-consumer-protection-rcna180342
11 months ago
2
5
4
It seems like anything you could possibly want is on sale right now. But impulse shopping can lead to big bills and regrets. Here's how you can use a "$1 Rule" to evaluate whether a purchase is truly worth the price.
loading . . .
Applying this '$1 rule' is the secret to guilt-free shopping, expert says. Here's how it works
By measuring purchases by how much you will use them, you can make sure you get the most bang for your buck.
https://www.cnbc.com/2024/11/29/applying-this-rule-is-the-secret-to-guilt-free-shopping-expert-says.html
11 months ago
0
3
3
Some discussion this holiday over whether this is, in fact, true: “The stereotypes are familiar to many of us: Firstborn children are reliable and high-achieving; middle children are sociable and rebellious (and overlooked); and youngest children are charming and manipulative.”
loading . . .
Why Your Big Sister Resents You
“Eldest daughter syndrome” assumes that birth order shapes who we are and how we interact. Does it?
https://www.nytimes.com/2024/04/15/well/family/birth-order-siblings.html?searchResultPosition=1
11 months ago
1
0
0
A 74-year-old immigrant who works outside Sotheby’s shares a basement in the Bronx and works 12-hour shifts. He was stunned to hear what his banana went for at auction
loading . . .
The Sidewalk Fruit Vendor Who Sold a $6.2 Million Banana for 25 Cents
A 74-year-old immigrant who works outside Sotheby’s shares a basement in the Bronx and works 12-hour shifts. He was stunned to hear what his banana went for at auction.
https://www.nytimes.com/2024/11/27/nyregion/banana-auction-sothebys.html
11 months ago
0
1
0
As Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Here's how new White House leadership may influence eight sectors: autos, banks, building materials and construction, crypto, energy, health care, retail and technology.
loading . . .
How President-elect Donald Trump may impact investors in these 8 market sectors
President-elect Donald Trump's agenda carries risks and rewards for various investment sectors, market experts said.
https://www.cnbc.com/2024/11/26/how-president-elect-trump-may-impact-investors-in-these-8-market-sectors.html
11 months ago
0
0
0
About 59% of Americans say that happiness — specifically, the ability to spend money on things that make them happy — is the most important benchmark of success, according to a new report by Empower
loading . . .
59% of Americans consider this the No. 1 sign of success — it's not wealth
About 59% of surveyed U.S. adults say the ability to spend money on things and activities that make them happy is the top sign of success, a report found.
https://www.cnbc.com/2024/11/26/59percent-of-americans-say-this-a-top-sign-of-success-its-not-wealth.html
11 months ago
0
2
0
Medicare is paying wildly different prices for the same drug, even for people insured under the same plan. As a result, people covered by Medicare can be on the hook for thousands of dollars in additional out-of-pocket costs depending on where they live and which drug plan they choose.
loading . . .
Medicare Pays Wildly Different Prices for the Same Drug
Middlemen negotiate prescription costs at thousands of different price points, depending on your insurance plan.
https://www.wsj.com/health/healthcare/medicare-pays-wildly-different-prices-for-the-same-drug-b20fa58c?st=jeKfNY&reflink=article_copyURL_share
11 months ago
0
0
0
“Economists and retail trade groups estimate that tariffs on goods flowing into the U.S. could cost Americans $78 billion annually. For example, a $50 pair of shoes could cost almost $65, according to the National Retail Federation. The cost of a $2,000 mattress could rise by $190.”
loading . . .
Trump says he plans to enact new tariffs on Canada, China and Mexico on his first day in his office
Mexico and Canada are the United States’ top two trading partners, accounting for nearly 30% of trade volumes.
https://www.nbcnews.com/politics/donald-trump/trump-says-plans-enact-new-tariffs-canada-china-mexico-first-day-offic-rcna181753
11 months ago
0
1
0
reposted by
Lorie Konish
Beth Pinsker, CFP ®
11 months ago
I updated my starter pack for personal finance people I’ve followed so far. A random collection of CFPs, EAs, PF writers and so forth. Give any of them a follow and you might save money.
add a skeleton here at some point
7
23
3
The markets soared following Election Day, prompting some experts to say “animal spirits” are back. Here's what that means for your investments now
loading . . .
Some market experts are talking about 'animal spirits.' Here's what that means when it comes to investing
The markets soared following Election Day, prompting some experts to say "animal spirits" are back. Here's what that means for your portfolio.
https://www.cnbc.com/2024/11/19/as-market-experts-talk-of-animal-spirits-heres-how-to-invest-now.html
11 months ago
0
0
0
'Will my flight be cancelled?' What travelers need to know about Spirit Airlines' bankruptcy
www.cnbc.com/2024/11/18/w...
loading . . .
What travelers need to know about Spirit Airlines' bankruptcy
Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines 13 years ago.
https://www.cnbc.com/2024/11/18/what-travelers-need-to-know-about-spirit-airlines-bankruptcy-.html
11 months ago
0
0
0
About 1 in 5 Americans say they regularly get their news from “news influencers” on social media, according to a new study by the Pew Research Center
loading . . .
1 in 5 Americans get their news from social media influencers
While previous research found more women consume news on sites like Facebook, Instagram and TikTok, Pew found close to two-thirds of news influencers are men.
https://www.cnbc.com/2024/11/18/more-americans-get-news-from-social-media-influencers.html
11 months ago
1
0
1
The highly anticipated boxing match between Jake Paul and Mike Tyson is the biggest boxing gate in history outside of Nevada. Tickets range on StubHub from about $58 to $1,500.
loading . . .
Jake Paul, Mike Tyson fight breaks record for biggest boxing gate outside of Las Vegas
The fight's promoter, Most Valuable Promotions, told CNBC it expects more than 70,000 people to attend the Friday night bout at AT&T Stadium in Arlington, Texas.
https://www.cnbc.com/2024/11/15/jake-paul-mike-tyson-fight-record-boxing-gate.html
11 months ago
1
2
2
'You only get Social Security while you're alive,' expert says. What happens to benefits after you die
cnb.cx/45urmDn
about 2 years ago
0
1
0
President Franklin D. Roosevelt signed the law that created Social Security in August 1935. Now, 88 years later, here's how the program has changed, and what experts say you should expect for benefits going forward.
loading . . .
As Social Security marks a milestone, here are 3 things to know about your retirement benefits
Social Security is marking a milestone as some question what future benefits may look like. Here's what experts say.
https://www.cnbc.com/2023/08/14/social-security-turns-88-3-things-to-know-about-retirement-benefits.html
about 2 years ago
0
1
0
Waiting to claim Social Security up until age 70 will give you the biggest retirement benefit possible. Yet, a new survey finds just 10% of people plan to wait that long.
https://cnb.cx/3Qs7PPN
loading . . .
Just 10% plan to wait until age 70 to claim Social Security, survey finds. Why experts say it's ofte...
Waiting to claim Social Security retirement benefits can give you bigger monthly checks. Here's why experts say delaying up to age 70 pays off.
https://cnb.cx/3Qs7PPN
about 2 years ago
0
4
0
Load more
feeds!
log in