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        1. CONNECTICUT MONEY: US economy stronger than predicted
          Growth in the U. S. economy was stronger than expected in the third quarter, and most forecasts call for continued solid growth in 2020, although at a slower pace than 2018-2019. The nation’s gross domestic product (GDP) grew at a rate of 1.9 percent in the third quarter, down slightly from 2 percent in the second quar
        2. Fed Rate cut set to lower small business borrowing costs
          The Federal Reserve’s recent decision to cut interest rates is expected to bring financial relief to small businesses across the United States. This monetary policy shift will likely reduce borrowing costs for companies with variable-rate loans and those seeking new financing.
        3. Coronavirus And Your Retirement Plan, Should You Do Something?
          Most of you knew this would happen again sooner or later, the time when the stock market experiences a sharp decline. The inevitable big down day (which could perhaps turn into down weeks or months) happened during the past few days when both the Dow, NASDAQ, and S&P markets closed significantly lower. Hopes for a quic
        4. 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
        5. 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
        6. 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
        7. 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
        8. Six Steps To Simplifying Your Money Life
          Navigating life’s challenges and transitions is endlessly complicated. Chances are you’ve known that for a long time. But here’s confirmation. In a new study from Capital One that polled about 2000 Americans, a whopping 73 percent said they considered finances a source of stress in their lives—way ahead of politics (59
        9. What New Grads Should Know About Money
          One of the most common things I often hear from people after one of our financial wellness workshops is how much they wish they had learned about personal finance when they were younger.
        10. 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