Fed lowers interest rates for third time this year, signals slower pace of cuts in 2025
Fed officials, however, are uncertain about how many times they’ll be able to cut borrowing costs in 2025.
6 min read
Dec 18, 2024
Politics
See how political decisions are affecting your personal finances.
Latest Articles
-
-
The ‘Trump Trade’: What it is and how it impacts the markets
The so-called “Trump Trade 2.0” appears to be impacting everything from stocks to cryptocurrency.
6 min read Dec 06, 2024 -
Trump’s election sends bond market falling: Is this a good time to sell long-term bonds?
Many investors expect that the government will maintain high deficit spending.
4 min read Nov 07, 2024 -
Lower taxes, higher tariffs: What Trump’s tax plans mean for you
Trump’s tax and tariff plans could mean lower taxes for some Americans and higher costs for others.
3 min read Nov 07, 2024 -
Tax hikes or tax cuts? Here’s how Harris and Trump compare on taxes
If Congress does nothing next year, taxes could increase for millions of Americans.
7 min read Oct 30, 2024 -
The 2024 election and your retirement: How to stay financially prepared regardless of who wins
Retirees must stay up to date on changes and how those changes affect their plans.
6 min read Oct 04, 2024 -
Medicare and Social Security: How they work together
Both provide benefits for older Americans — but in different ways.
6 min read Apr 23, 2024 -
Medicare and Social Security funding: FICA taxes and trust funds, explained
Payroll taxes are the main source of funding for both Medicare and Social Security.
4 min read Apr 23, 2024 -
What is the Thrift Savings Plan (TSP) and how does it work?
If you work for the federal government or serve in the military, you’ll want to know more about the TSP.
4 min read Jan 25, 2023 -
2022 midterm elections and your retirement: How to stay financially prepared for policy changes
Here’s what those planning for retirement need to pay attention to.
7 min read Nov 08, 2022 -
Social Security payments to soar 8.7% in 2023 after highest COLA increase in 40 years
The jump follows last year’s large increase of 5.9 percent, and it’s the largest boost since 1981.
2 min read Oct 13, 2022 -
Can you use a credit card for political donations?
You can use a card to make political donations, but there are pitfalls to avoid.
3 min read Oct 12, 2022 -
All the ways a president can (and can’t) influence the Federal Reserve
Presidents may affect the world’s most powerful central bank more than you think.
7 min read Oct 07, 2022 -
Federal Reserve raises interest rates by a half point to fight soaring inflation
The Fed is withdrawing stimulus at the fastest pace in decades.
7 min read May 04, 2022 -
Biden’s executive order on cryptocurrency – here’s what it means for you
The government has as much as six months to prepare an assessment of these digital currencies.
2 min read Mar 09, 2022 -
The worst inflation in 40 years: Here’s when price pressures could hit their peak
Consumers are bracing for a longer stretch of high inflation. But when can it be expected to slow down?
7 min read Feb 25, 2022 -
Survey: Experts predict another year of decades-high inflation
Price increases depend on supply chain and labor shortages.
4 min read Jan 06, 2022 -
Biden picks Jerome Powell for new term as Federal Reserve chair
The appointment gives Powell the chance to finish the U.S. central bank’s pandemic response.
6 min read Nov 22, 2021 -
The Great Resignation: Why millions of workers are leaving their jobs and what to consider before quitting
A game of hiring musical chairs is afoot — and it doesn’t look like it’ll be stopping anytime soon.
9 min read Nov 17, 2021 -
Will Biden reappoint Powell as Fed chair? Here’s the latest and what experts are saying
The president will have to weigh his party’s priorities with his desire for continuity.
8 min read Oct 22, 2021
The trusted provider of accurate rates and financial information