Federal Reserve Chair Jerome Powell was asked about his future at the central bank beyond the end of his term in May and also offered some…
Images by Getty Images; Illustration by Hunter Newton/Bankrate A construction loan is a short-term, high-interest loan used to finance building a home. Funds are paid out in phases over the course of construction and typically…
The Federal Reserve on Wednesday announced it will leave interest rates unchanged, breaking a streak of three straight rate cuts amid uncertainty over the labor market and inflation. Fed policymakers voted to leave the benchmark federal funds rate unchanged at its current range of 3.5% to 3.75%. The move follows three…
As gold prices keep rising, American economist Peter Schiff says investors should view the rally as more than a hedge — calling it a warning that inflation is speeding up, the U.S. dollar is losing global trust and a major economic reckoning may be near. “Gold and silver are warning…
The Federal Reserve isn’t expected to make any rate cuts at its January meeting, but its first gathering of the year still has a lot at stake for American households grappling with expensive borrowing costs, affordability challenges and a tough job market. The big question many Fed watchers are hoping…
New York City tops the list of U.S. cities where the cost of living is rising fastest, followed by three cities in California, according to a new analysis of inflation rates across major metropolitan areas. The analysis, first shared with Fox 5 New York, was conducted by Plasma, a layer-1…
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With winter in full swing, many households are bracing not just for freezing temperatures but also for the “financial freeze” the season brings. Winter introduces a unique set of seasonal expenses that can significantly drain…
