Economics

Inflation & Prices

Fed Keeps Interest Rates Steady Amid Solid Job Growth

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

The central bank held the funds rate at 5.25% to 5.5%, citing a “lack of further progress toward the Committee’s 2% inflation objective.”

2 min read

Photo by Matt Bennett via Unsplash

Advisor Upside

Older, Wealthy Americans Are Delaying Rate Cuts With Their Big Spending

Spending by older affluent Americans is helping grow the economy. But it’s also contributing to a delay in the Federal Reserve cutting rates.

1 min read
Photo by Melinda Gimpel via Unsplash

Personal Finance

The Small Business Bankruptcy Surge is a Race Against the Clock

A special $7.5 million debt threshold for filing is due to expire in June, when it will revert to the previous $2.7 million limit.

2 min read
Photo by Rodrigo Kugnharski on Unsplash

Real Estate

Paris Residents Still Waiting on Huge Demand for Olympics Rentals

Residents have watched their dreams for a huge windfall dwindle as a glut of listings has come on the market, driving rental prices lower.

1 min read

Real Estate

WeWork Scrambles To Stop Adam Neumann From Buying it Back

Photo by TechCrunch via CC BY 2.0

To have any hope of emerging from Chapter 11 without selling, the company needs to raise somewhere in the ballpark of $400 million.

1 min read

Inflation & Prices

Rent, Car Insurance Are Keeping Inflation High

Photo by Denys Nevozhai via Unsplash

Our new high-tech vehicles are becoming pricier to repair, and we’re getting in more accidents than ever before.

2 min read

Personal Finance

BlackRock’s CEO Says the US Retirement System is Archaic

Photo by Towfiqu Barbhuiya via Unsplash

Larry Fink said that retirement is a “much tougher proposition” than it was 30 years ago.

2 min read

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