Wednesday, September 18, 2024

How Fed rate cuts affect the global economy

Federal Reserve interest rate decisions can influence the trajectory of the U.S. economy and create spillover effects in parts of the global financial system.

The Fed forecasts lowering rates by another half point before the year is out

The so-called "dot plot" indicated that 19 FOMC members see the benchmark fed funds rate at 4.4% by the end of this year.

Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years

The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.

Tuesday, September 17, 2024

Our approach to the stock market heading into the Fed's big Wednesday decision

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Coca-Cola and Bacardi testing canned rum and cokes

Coca-Cola and Bacardi Limited announced Tuesday plans to release the ready-to-drink cocktail in several international markets.

Monday, September 16, 2024

This 'back of the napkin math' shows whether you could have a surprise tax bill, expert says

There is still time to take action if you have not paid enough taxes in 2024, experts say. Here is a quick calculation to know if you are on track.

This is the 'billion-dollar blind spot' of 401(k)-to-IRA rollovers, Vanguard finds

Many investors are unaware their rollover from a workplace retirement plan to an individual retirement account sits in cash as a default.

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