The Federal Reserve is in a holding pattern on interest rates – and some banks are similarly keeping a steady hand on yields for certificates of deposit. In June, average CD rates were relatively unchanged on the month, according to a July 7 report from Morgan Stanley. The highest average CD rate among the banks … Read more
Customers line up at the check out booth on April 18, 2025 at a Costco branch in Niantic, Connecticut. Robert Nickelsberg | Getty Images The annual inflation rate ticked higher in June, in line with expectations, as lower prices at the gasoline pump somewhat offset higher prices at the grocery store. Economists said they expect … Read more
A few months of market swings have taken a toll on retirement savers. The average 401(k) balance fell 3% in the first quarter of 2025 to $127,100, according to a new report by Fidelity Investments, the nation’s largest provider of 401(k) plans. The average individual retirement account balance also sank 4% from the previous quarter … Read more
Zee Business Top Picks 28th Sep’22: LIVE: RBI Monetary Policy Review Meeting Begins – MPC to recommend another hike? Date, Time, Expectations, Possible Outcomes – Latest News, Updates. Among other top news, know the top gainers and losers on the Indian stock markets and what Supreme Court said on women’s right to to safe and legal abortion. Here … Read more
Zee Business Top Picks 28th Sep’22: RBI Monetary Policy Review: Reactions to MPC by experts, analysts and industry leaders – Who said what? Among other top news, know the top gainers and losers on the Indian stock markets and update on Card Tokenisation Deadline. Here is a list of top stories that featured on zeebiz.com. Take a look to … Read more
S & P Dow Jones Indices is out with its annual survey of the performance of active fund managers, and once again the performance is dismal. Sixty-five percent of large-cap fund managers underperformed their benchmark (the S & P 500) in 2024. The long-term performance is even worse: 84% underperformed after 10 years. The SPIVA … Read more
For many students, majoring in finance is a proven pathway to a well-paying career and job security. In fact, U.S. graduates believe that finance offers the best career prospects overall, considering today’s economic climate, according to a new survey by the CFA Institute, a non-profit focused on financial education. The group polled more than 9,000 current … Read more
A person walks on campus at Muhlenberg College in Allentown, Pennsylvania, U.S. March 26, 2025. Hannah Beier | Reuters Why is the interest-free forbearance ending? Former President Joe Biden rolled out the SAVE plan in the summer of 2023, describing it as “the most affordable student loan plan ever.” But millions of borrowers who signed … Read more
Xavier Lorenzo | Moment | Getty Images Gen Z seems to have a case of economic malaise. Nearly half (49%) of its adult members — the oldest of whom are in their late 20s — say planning for the future feels “pointless,” according to a recent Credit Karma poll. A freewheeling attitude toward summer spending … Read more
These are some of the stocks posting the largest moves in midday trading. [ad_2] Source link
