No further rate cuts - at least for the time being. Federal Reserve Chairman Jerome Powell said Monday night that interest rates look "well positioned" where they are right now. In a speech in Providence, Powell said he also sees the glass as "much more than half full," but pointed to the usual suspects in justifying the three rate cuts this year, citing tepid inflationary pressures, weakening global growth and trade developments.
Donald Trump told oil industry executives he would dismantle Joe Biden’s pro-electric vehicle agenda as he asked for $1bn (£800m) to help return him to the White House, it has been claimed.
A millennial went to college in his 30s when his career growth stalled. Now he's saddled with student debt and struggling to find a job.
The Bill and Melinda Gates Foundation Trust outperformed the S&P 500 by a wide margin over the past three years, in part because of these two stocks.
The U.S. national debt is a hot topic as the government continues to spend more than it earns. With the debt currently standing at a staggering $34 trillion, the interest payments alone are eating up a significant portion of the budget. In fact, the ...
Cathy, a 63-year-old clerical worker in Minnesota, fears she may never be able to fully retire, even though she's worked her entire life.
My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.
Uncertainty is the word of the day, in reference to the near-term economic future. Sentiment will hinge on the inflation numbers due out next week. March’s figure rose to 3.5%, and April’s job numbers showed a marked slowing in the labor market; that combination has stoked fears of stagflation. But – corporate earnings from Q1 are beating expectations, and the stock market has taken a turn for the better with the S&P 500 closing just below 5,200 yesterday. Economic strategists are still optimist
The outgoing head of product launches said layoffs have rocked the company and hurt morale and that it is “hard to see the long game.”
A falling stock price has made Agree Realty an even more attractive passive-income investment.
The halving is a change to Bitcoin’s programmatic monetary policy which cut in half the issuance of new tokens, restricting supply.