đź’° CreditVana Money News This Week
Labor Market: Cracks Are Widening
The August jobs report shows signs of deeper weakness. Slower hiring and downward revisions point to a cooling economy — something that could affect wages, credit health, and household spending power. At CreditVana, we remind our users: keeping an eye on your credit reports is especially important in times of uncertainty.
Powerball Fever Hits $1.7 Billion
The Powerball jackpot has soared to an estimated $1.7 billion for Saturday’s drawing. While lottery dreams can be fun, real financial security comes from smart credit building, savings, and debt management — the kind of tools you’ll always find inside your CreditVana account.
Mortgage Rates on the Edge
If the Fed doesn’t move toward a rate cut soon, mortgage rates could continue climbing. For buyers waiting on the sidelines, that means affordability may take another hit. CreditVana tracks credit and lending trends so you can stay informed before applying for your next mortgage or refinance.
World Cup 2026: Ticket Frenzy Begins
For soccer fans, the long road to the 2026 World Cup is underway. FIFA has unveiled its first ticket process — starting with a Visa Presale Draw. But beware: a draw entry doesn’t guarantee tickets, and prices range from $60 to over $6,700. Expect demand-driven pricing and resellers already asking tens of thousands. If you plan to attend, budget carefully. Like credit, access depends on preparation.
Apple’s Next Big Reveal: iPhone 17
Apple’s “Awe Dropping” event on Tuesday is expected to debut the iPhone 17 lineup along with new Apple Watches, AirPods, and more. But when should you really upgrade? Many users wait 4–5 years, replacing batteries instead of phones, while others trade in more frequently to maximize value. With AI features predicted to reshape smartphones, this year’s models could tempt more buyers — but remember: upgrading is best when it fits your budget and needs, not hype.
Gold Prices Smash Records
Gold hit another record at $3,654 per ounce this week, up 35% in 2025 alone. Analysts at deVere Group see prices reaching $5,000 by early 2026 as demand from central banks, ETFs, and investors grows. But gold remains volatile — a reminder that building credit and maintaining strong financial habits are more reliable long-term strategies than chasing quick gains.
Pumpkin Spice & Price Spikes
Pumpkin spice season is here, but tariffs on imports like cinnamon and cloves could make your latte costlier in the future. For now, Starbucks hasn’t raised its pumpkin spice latte price — but inflation in essentials and even spices is something households should prepare for.
2025 Tax Breaks for Tipped Income
Starting in 2025, up to $25,000 in tipped income will be tax-exempt across 68 occupations. That list includes service roles like servers, cleaners, and delivery drivers, but also unexpected jobs like digital creators, plumbers, and electricians. If you work in a qualifying role, this could be a meaningful boost to your take-home pay.
In Case You Missed It:
-
Fall is shaping up to be the best season for homebuyers in years.
-
A government shutdown looms again.
-
New bonuses have landed for two IHG One Rewards credit cards.
-
Crypto credit cards are making a comeback.
Next Week to Watch: Inflation
Fresh inflation data will be released:
-
Sept. 10 – Producer Price Index (wholesale inflation)
-
Sept. 11 – Consumer Price Index (consumer inflation)
Economists expect stubborn price pressure to keep the Fed cautious — with rate cuts hanging in the balance.
âś… Stay tuned: CreditVana will keep breaking down what these shifts mean for your credit, loans, and financial health.
