The Federal Reserve just announced another rate cut. But will it matter to nervous homebuyers waiting for mortgage rates to fall? On Thursday, at the end of its November meeting, the Fed announced a 0.25 percentage point cut to the federal funds rate, or the rate at which banks lend each other money overnight. The … Read more
We research all brands listed and may receive compensation from our affiliates. Research and financial considerations may influence how brands are presented. Not all brands are included. Find out more. Voters in North Dakota voted to eliminate property taxes entirely in what was called the “most sweeping” property tax measure in Tuesday’s election, but despite … Read more
Retailers and grocery chains are using their turkey knives in a bid to lower prices ahead of Thanksgiving. Target, Walmart and Aldi have already begun slashing the price of some holiday items across the country in their latest attempt to win back inflation-weary shoppers. The trend highlights how retailers are trying to lure shoppers hit … Read more
We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. Learn more. The price of gold surged to a new all-time high of $2,582 per troy ounce on Friday on the back of a weaker dollar and … Read more
Later this month, the Federal Open Market Committee is poised to cut interest rates for the first time since 2020. It’s a major decision that will have consequences for tons of American consumers — so you should get ready now. For context, the Federal Reserve has been on an absolute crusade to bring down inflation, … Read more
James Bullard, the former president of the Federal Reserve Bank of St. Louis from 2008-2023 and a former member of the Federal Open Market Committee, was named the dean of the Mitchell E. Daniels, Jr., School of Business at Purdue University in July 2023. Bullard talked with Global Finance magazine recently about a wide range … Read more