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Category: Finance

Inflation eases in February, but Trump tariffs could derail progress

Annual inflation increased to 2.8% in February, an unexpected decline from 3.0% in January, according to the Consumer Price Index (CPI) released by

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March 13, 2025March 20, 2025 .
FinanceLeave a Comment on Inflation eases in February, but Trump tariffs could derail progress

Mortgage rates hit a two-month low this week, remain under 7%

There’s good news for potential homebuyers: mortgage rates continued to trend down this week. In January, rates hit 7.04%, the highest level

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February 28, 2025March 13, 2025 .
FinanceLeave a Comment on Mortgage rates hit a two-month low this week, remain under 7%

401(k) balances hit second highest on record: Fidelity

Balances for 401(k) retirement accounts hit the “second-highest average on record” in the final quarter of 2024, according to new data from

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February 27, 2025March 13, 2025 .
FinanceLeave a Comment on 401(k) balances hit second highest on record: Fidelity

Will you get a tax refund this year? Experts have ideas on how to use the money

The Internal Revenue Service has doled out millions of tax refunds amid the ongoing 2025 tax filing season.  More than 8 million

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February 18, 2025March 13, 2025 .
FinanceLeave a Comment on Will you get a tax refund this year? Experts have ideas on how to use the money

January inflation gives Fed more reason to hold on interest rate cuts

Annual inflation increased to 3% in January, rising above expectations and giving the Federal Reserve further reason to slow down interest rate

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February 13, 2025March 13, 2025 .
FinanceLeave a Comment on January inflation gives Fed more reason to hold on interest rate cuts

Verizon clears $10M in debt for North Carolina residents impacted by Hurricane Helene

Verizon is teaming up with ForgiveCo to clear $10 million in consumer debt for more than 6,500 North Carolinians impacted by Hurricane

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February 3, 2025March 13, 2025 .
FinanceLeave a Comment on Verizon clears $10M in debt for North Carolina residents impacted by Hurricane Helene

Fed hits pause on interest rate cuts for now

Interest rates will stay higher for longer as the Federal Reserve pauses further interest rate cuts to give inflation room to drop

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January 30, 2025March 13, 2025 .
FinanceLeave a Comment on Fed hits pause on interest rate cuts for now

California's homeowners insurance industry faces rough road ahead as wildfires continue

The California wildfires have brought widespread disaster to communities in Southern California. It’s also contributed to a serious insurance crisis happening in

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January 16, 2025March 13, 2025 .
FinanceLeave a Comment on California's homeowners insurance industry faces rough road ahead as wildfires continue

December inflation clouds Fed's outlook on interest rate cuts

Annual inflation increased to 2.9% in December, rising modestly above the 2.7% annual inflation rate of the previous month, according to the

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January 15, 2025March 13, 2025 .
FinanceLeave a Comment on December inflation clouds Fed's outlook on interest rate cuts

Biden cancels more student loans with one week left to his term

As President Joe Biden’s term draws to a close, he has granted federal student loan relief to an additional 150,000 borrowers. These

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January 15, 2025March 13, 2025 .
FinanceLeave a Comment on Biden cancels more student loans with one week left to his term

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  • When leaving the house to your heirs backfires
  • Fed holds interest rate steady as it waits to see impact of tariffs
  • Edmond Huet: Ukraine advances on battlefield, stalls in reform
  • March inflation drops to lowest point in more than 3 years
  • Your sandwich could hurt your credit score? Hidden dangers of 'buy now, pay later' apps coming to light

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