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Lorie Konish

@loriekonish.bsky.social

Personal finance reporter at CNBC.

1,153 Followers  |  144 Following  |  44 Posts  |  Joined: 09.08.2023  |  1.8789

Latest posts by loriekonish.bsky.social on Bluesky

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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.

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...

01.07.2025 17:33 — 👍 1    🔁 0    💬 0    📌 0
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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.

"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

23.06.2025 20:33 — 👍 1    🔁 1    💬 0    📌 0
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'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.

'This is the Trump recession,' CEOs say, with tariff price increases, job losses coming: CNBC survey

07.04.2025 15:31 — 👍 2    🔁 0    💬 0    📌 0
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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.

04.04.2025 20:37 — 👍 29    🔁 11    💬 12    📌 1
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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.

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

24.03.2025 22:03 — 👍 4    🔁 1    💬 0    📌 0

Update: A federal judge reprimanded Social Security Administration acting commissioner Lee Dudek on Friday for “making threats about shutting down operations” at the agency.

22.03.2025 17:20 — 👍 1    🔁 0    💬 0    📌 0
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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.

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

21.03.2025 23:28 — 👍 0    🔁 0    💬 0    📌 1
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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.

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

20.03.2025 14:39 — 👍 0    🔁 0    💬 0    📌 0
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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.

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.

13.02.2025 22:31 — 👍 0    🔁 0    💬 0    📌 0
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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.

Many databases from the U.S. Census Bureau appeared to be unavailable to the public on Thursday

06.02.2025 23:52 — 👍 1    🔁 1    💬 0    📌 0
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President Donald Trump says he'll 'demand that interest rates drop immediately'

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.”

23.01.2025 16:31 — 👍 1    🔁 0    💬 1    📌 0
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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.

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

22.01.2025 21:07 — 👍 2    🔁 0    💬 0    📌 0
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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.

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.

16.01.2025 14:53 — 👍 2    🔁 0    💬 0    📌 0
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Don't assume the interest on your savings account is keeping up with Federal Reserve rate hikes. Here's why You may assume the Federal Reserve rate hikes mean you are making higher interest on your cash. Here's why you could be wrong.

I wrote about this issue in 2023, when @carolynmcc.bsky.social told me she would no longer be a Capital One customer because of it.

The same advice still applies now: Don't assume your bank is giving you the latest, greatest rate.

14.01.2025 16:28 — 👍 3    🔁 0    💬 0    📌 0
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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.

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.

14.01.2025 16:28 — 👍 6    🔁 1    💬 1    📌 1
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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.

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...

07.01.2025 14:05 — 👍 6    🔁 3    💬 0    📌 0
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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.

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

19.12.2024 22:15 — 👍 2    🔁 0    💬 0    📌 0
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House Republicans say they have deal to avert government shutdown

Key House Republicans said Thursday afternoon that they had reached a short-term government funding deal designed to avert a shutdown

19.12.2024 20:45 — 👍 2    🔁 1    💬 0    📌 0
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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...

18.12.2024 19:03 — 👍 23    🔁 10    💬 4    📌 4
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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.

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

12.12.2024 15:02 — 👍 2    🔁 0    💬 0    📌 0
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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.

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

11.12.2024 16:20 — 👍 2    🔁 0    💬 0    📌 0
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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.

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

10.12.2024 21:20 — 👍 1    🔁 0    💬 0    📌 0
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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.

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

10.12.2024 16:52 — 👍 0    🔁 0    💬 0    📌 0
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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.

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

10.12.2024 15:52 — 👍 0    🔁 0    💬 0    📌 0
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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.

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

10.12.2024 00:56 — 👍 1    🔁 0    💬 0    📌 0
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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.

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

10.12.2024 00:38 — 👍 2    🔁 1    💬 1    📌 0
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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%.

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

09.12.2024 22:04 — 👍 0    🔁 0    💬 1    📌 0
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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.

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

05.12.2024 21:25 — 👍 1    🔁 0    💬 0    📌 0
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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.

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.

05.12.2024 21:00 — 👍 1    🔁 0    💬 0    📌 0
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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.

Global food prices recently rose to an 18-month high, with some food baskets expected to continue climbing

05.12.2024 12:18 — 👍 1    🔁 0    💬 0    📌 0

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