Federal Reserve Chair Jerome Powell outlined how the central bank is viewing the labor market after it cut interest rates last week for the third straight…
For years, Americans have heard this mantra: There isn’t enough housing in the United States. The ongoing shortage explains why affordability is such a challenge, and why so many Americans are spending their 30s as…
Despite nearing the end of his term, Federal Reserve Chairman Jerome Powell sidestepped any discussion of his legacy, emphasizing instead the goals he wants to lock in before passing the reins. “I really want to turn this job over to whoever replaces me with the economy in really good shape.…
Treasury Secretary Scott Bessent said that American households will see “very large refunds” in the tax filing season early next year following policy changes under the One Big Beautiful Bill Act (OBBBA). Bessent spoke to NBC10 Philadelphia on Tuesday ahead of an event touting the Trump administration’s economic policies and said that…
Robo-advisors automate the investing process for you, making it simple to invest in a diversified portfolio of assets — and they cost much less than a typical financial advisor. It’s little wonder that many investors have turned to them, and robo-advisors now manage hundreds of billions of dollars. What a robo-advisor does…
What Is the 4 Gift Rule for Christmas? A Financial Safety Net What the 4-gift rule for Christmas provides is a simple guide that helps keep spending focused, especially during last-minute shopping. The rule encourages giving four types of gifts: something wanted, something needed, something to wear, and something to…
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The Federal Reserve on Wednesday announced its third interest rate cut of the year as policymakers moved forward with the cut to support the labor market despite elevated inflation. Fed policymakers voted to lower the benchmark…
