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Fed's Powell sees US boom ahead, with COVID still a risk
WASHINGTON (AP) — The U. S. economy is poised for an extended period of strong growth and hiring, the chair of the Federal Reserve said in an interview broadcast Sunday, though the coronavirus still poses some risk. Chair Jerome Powell, speaking to CBS' “60 Minutes," also said that he doesn't expect to raise the Fed's
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How Low Interest Rates Can Affect Retirement
Have recent interest rate cuts impacted retirement? The short answer is yes. Things can get complicated, but low interest rates do have long-term effects on the economy and could alter your retirement planning. Retirement Income One of the most obvious short-term effects to lower interest rates is a decrease in income
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How to Bulletproof Your Ecommerce Business for Demand Volatility
Ecommerce companies have had a range of challenges to overcome in the last couple of years. Problems with global supply chains, delivery issues, and
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No Summer Vacation This Year? What to Do with the Money You’ve Saved
From spring through summer this year, we’ve seen travel get disrupted by COVID-19. Some countries have even banned international travel to help contain the virus. SEE MORE COVID-19: A Once-in-a-Lifetime Chance to Change Our Spending HabitsClients at my firm who began planning dream vacations many months ago have been a
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Surprise: Your Small Business Probably Needs Auto Insurance
Today's story will be of special interest to business owners where their own car or an employee's vehicle might be used for business purposes. With this in mind, how would you answer this true/false question? SEE ALSO: Beware of These Often-Overlooked Insurance Gaps "As long as our personal vehicles are only used occas
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The employee-employer disconnect that’s fueling the Great Resignation
Amid all the headlines about millions of workers quitting their jobs during the Great Resignation, it is easy to miss the signal in the noise. Yes, a
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The unemployed may never come back. Here's what that means for the economy.
The US economy has had a strange comeback, where overall output is back to its pre-recession level but employment is still low. That means we're selling as much stuff as we were in 2019 but with almost 6 million fewer workers. Workers could stay sidelined and we'll keep making more with less, or they'll come back to a
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Personal Finance Tips for Military Families
One study found that military personnel have more credit problems and are more likely to make late house payments than their civilian
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4 Challenges Brands Need to Start Thinking About Now for a Smoother Peak Season
Take these steps now to avoid common pitfalls of peak. In the U.S., peak holiday shipping season generally begins in October and lasts through
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A comprehensive guide to small business insurance: Here’s how to safeguard your company
Starting your own business requires a significant investment of both time and money. Millions of people continue to step up to the challenge with 33