1,606 results found
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What to Know About Recent Federal Reserve Guidance and Interest Rate Announcements
The Federal Reserve seems to be doing everything it can to stay out of the way of the stock market. Although the bulls have been on a rampage for the past 10 years, creating and re-creating new highs in every thinkable index, the specter of the hibernating bear looms large. No one wants to be the jerk who wakes it. Ima
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GDP roars past pre-pandemic levels. Where does the economy go from here?
WASHINGTON — Even with production glitches, transportation bottlenecks and labor shortages, the U. S. economy grew in the second quarter at one of the fastest rates in decades, lifting the nation’s total output above where it was before COVID-19 hit, according to government data released Thursday. “That we were able to
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This IRA Move Looks Smarter After the Stock Market Correction
One of the biggest problems with the way that most people save for retirement is that they fail to take taxes fully into consideration. With traditional IRAs and 401(k) plans, you typically set aside pre-tax money into a tax-deferred account that shelters your money from tax as long as it stays in the account. But once
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End of the Bull Market?
One of the longest bull markets of our lifetimes may be ending and many investors may not be prepared for what comes next. Surprisingly, we are not talking about the stock market but rather the bond market.
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What Factors Affect Your Home Insurance Cost?
It's no secret that home insurance costs are rising, in large part due to increased claims from floods or other natural disasters. Prices are also
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Banks Are Approving Small Business Loans at Rates Not Seen Since Before The Great Recession
Approvals of loan applications from small business owners reached the post-recession high mark (26.9%) at big banks (assets of $10 billion+), while
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Treasury Secretary Janet Yellen says higher interest rates may be needed so economy doesn't 'overheat'
It might be necessary to lift interest rates to keep the economy from overheating, Janet Yellen said. The Treasury Secretary's comments contrast with the Fed's plans to hold rates near zero through 2023. Some experts fear Biden's latest spending plans risk dangerously strong inflation. See more stories on Insider's bus
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Here's the Salary It Takes to Buy a Home Today
There's a reason so many would-be buyers have struggled to enter the housing market in 2023. Not only have mortgages been expensive to sign, but home prices have been elevated, largely due to a glaring lack of inventory.
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6 Financial Tips For Surviving COVID-19
As of April 23, 2020, NBC News reports 26 million Americans have already lost their jobs due to the pandemic. Despite this economic crisis, Dr. Anthony Fauci stressed that it is far too early to let up on social distancing. For many Americans, this means a broken budget. To prevent this short-term crisis from turning i
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3 Reasons to Roll Over Your 401(k) When You Leave Your Job
Whether you're leaving your job because of coronavirus-related layoffs or because you've found a new position, there are a lot of decisions you have to make when you're moving on. And one of the most important is what to do with your 401(k). Typically, you have a few different choices about how to handle this retiremen