Current savings account rates still remain well above the national average. The Federal Reserve cut the federal funds rate three times in 2024 and three times in 2025. This means deposit account rates are also falling. It’s more important than ever to make sure you get the highest possible rate on your savings, and a…
Cathie Wood believes markets may be underestimating how different the year 2026 could be. In a recent video on Dec. 21, Wood explained that investors have already absorbed multiple shocks in 2025, including tariff turmoil, a government shutdown, and persistently hawkish rhetoric from the Federal Reserve. Despite this, asset prices have held up better than…
Dec 22 (Reuters) – U.S. Federal Reserve Governor Stephen Miran said on Monday he is likely to remain on the central bank’s Board of Governors beyond the expiration of his term until whoever President Donald Trump nominates as the next Fed chair is confirmed by the Senate. “If no one is confirmed in my position…
The national average rate on a home equity line of credit has fallen with each of the Federal Reserve’s three quarter-point rate cuts this year, and is increasingly closer to 7%. According to data from Curinos, the average weekly HELOC rate is 7.44%. This rate is based on applicants with a minimum credit score of…
The dollar index (DXY00) has risen +0.17% today. The dollar is rising today due to GBP/USD weakness after November consumer prices in the UK rose less than expected. Additionally, the yen’s weakness today is positive for the dollar as Japanese fiscal concerns weigh on the yen. The dollar retreated from its best level following dovish…
The first new inflation reading since the government shutdown showed prices unexpectedly fell in November, although the report may not immediately change the Federal Reserve’s outlook due to possible distortions in the data. “This seems like positive news overall, but the lack of detail and lack of data collection during the lockdown introduces a degree…
Wall Street 24 hours a day, 7 days a week. September An inflation reading of 3% represents moderate price growth, which is above the Federal Reserve’s long-term goal of 2%, but well below the elevated rates seen in 2022 and early 2023. At this level, inflation indicates that the overall price level of goods and…
The current national average HELOC rate is falling to new lows by 2025, according to analytics firm Curinos. Home equity line of credit rates are beginning to reflect the lowest prime rate in place since the Federal Reserve’s last rate cut on December 10. According to data from Curinos, the average weekly HELOC rate is…
Current savings account rates still remain well above the national average. The Federal Reserve cut the federal funds rate three times in 2024 and three times in 2025. This means deposit account rates are also falling. It’s more important than ever to make sure you get the highest possible rate on your savings, and a…
Now that the Federal Reserve is taking a rate-cutting stance, income-seeking investors should look beyond bonds. As yields on fixed income securities decline, dividend-paying stocks, especially those with reliable payouts and high yields, look attractive. With that in mind, I turned to bar diagram stock screener to look for the most attractive opportunities. The goal…
