Investors Bank on Fed Capitulation, Sending Bond Yields Soaring
At this week's policy meeting, bond investors anticipate that the Federal Reserve will renounce its program of raising interest rates, preparing the market for the possibility of numerous rate cuts this year-the first since the COVID-19 epidemic began in 2020.
Jan 30, 2024 5:24 AM EST
Biden Takes Aim at Federal Pay Disparities on Law's 15th Anniversary
The Biden administration is taking additional steps to help fix wage disparities for federal employees and employees of government contractors on Monday, the 15th anniversary of a historic federal pay equality statute.
The Only Retirement Guide You'll Ever Need - Start Planning Now
Retirement isn't just about reaching a certain age and stopping work. It's a major life transition that requires financial, emotional, and lifestyle preparation ...
Recession Watchlist Grows as Historic Indicator Flashes Red
Since the start of this decade, investing on Wall Street has been nothing short of an experience. In recent years, three major indexes have fluctuated between bull and bear markets: the venerable Dow Jones Industrial Average , the broad-based S&P 500 and the innovation-focused Nasdaq Composite.
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Record Numbers Lose Shelter as Rents Skyrocket Nationwide
Due to the financial strain caused by rising rents in recent years, an increasing number of Americans are becoming homeless.
Jan 29, 2024 7:01 AM EST
American Dream Cost: Family of Four Now Struggles on $230,000 a Year
According to a former Goldman Sachs analyst, a family of four must make more than $230,000 annually to live comfortably in the San Francisco Bay Area of California.
Jan 29, 2024 6:17 AM EST
Exxon, Nvidia, and Stock Markets Brace for Impact: Trump and Biden's Battle in the 2024 Election
Investors are thinking ahead of time about a potential Biden-Trump rematch as former president Donald Trump gets closer to securing the GOP nominee.
Jan 29, 2024 4:27 AM EST
Child Tax Credit Expands as Misused COVID Program Exits, Putting Children First
During a private meeting with senators, IRS Commissioner Danny Werfel was asked by the chairman of the Senate Finance Committee to provide his evaluation of a concerning report.
Jan 29, 2024 4:08 AM EST
No More Money Worries: The Ultimate Guide to Building Your Emergency Fund
Having an emergency fund provides a sense of security and reduces stress because you know you've got a buffer between you and these unexpected costs. So, how do you go about building one? Let's break it down.
Jan 27, 2024 7:00 AM EST
Massive Layoffs at Microsoft: 1,900 Employees Axed Post $69B Activision Blizzard Deal
Microsoft Gaming CEO Phil Spencer told employees Thursday that the gaming workforce would be reduced by 1,900, or approximately 8% of its gaming division.
Jan 26, 2024 5:13 PM EST
U.S. Growth Slows 3.3%, But Resilience Shines Through
The US economy was predicted to have entered a recession by now due to a decline in borrowing and expenditure due to the highest interest rates in twenty years.
Jan 26, 2024 12:13 AM EST
Escape the Debt Trap: Proven Strategies to Get Out of Debt Fast!
I was once in your shoes, drowning in a sea of college loans and credit card debt. But I got out, here's how.
Jan 25, 2024 3:23 PM EST
How to Invest in Bitcoin for Beginners
We won't spend too much time explaining why Bitcoin is booming right now - you can read this here - but I'll give you a hint: It has something to do with the fact ...
Jan 25, 2024 12:29 PM EST
Americans Feel More Optimistic as Prices Cool and Paychecks Increase
Americans are beginning to feel more optimistic about the economy and inflation after a protracted period of pessimism; this development might support consumer spending, spur economic growth, and perhaps have an impact on President Joe Biden's electoral prospects.
Jan 25, 2024 9:45 AM EST
Record Close for S&P 500 Fueled by Tech Boom, Netflix Exceeds Revenue Expectations
On Wednesday, markets concluded in a mixed bag, with tech stocks leading the way as the S&P 500 recorded its fourth consecutive record finish.
Jan 25, 2024 8:31 AM EST
Uncertainty Clouds Future of Student Loan Relief After Program Expires
According to new data provided by the Education Department, over 3.7 million Americans have collectively received over $136 billion in student loan forgiveness-an unparalleled degree of relief.
Jan 24, 2024 8:52 PM EST
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