Wall Street investors are reaching for their neck braces in preparation for yet another volatile swing in stock markets: A surging US dollar.
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Investors are worried that the Fed will also continue to act, even though there is already evidence that consumers are starting to feel a one-two punch from higher prices and higher interest rates.
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The holidays are meant to be the most wonderful time of the year. But for investors, this week just might be the most stressful time of the year.
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The US Supreme Court announced on Monday that it will hold arguments in a second case in February concerning President Biden’s student loan forgiveness program, which is currently on hold.
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Americans’ wealth continued to slide in the third quarter as stock prices plunged over the summer.
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Rates have risen nearly every week since late August and have more than doubled since the beginning of the year. Luckily, Coachella Valley’s housing market is looking good compared to other parts of the state.
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The IRS on Friday announced a record increase in contribution limits to 401(k) and other tax-deferred retirement plans for 2023.
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In addition to exempting student loan debtors from repayment obligations, the administration also announced an extension of the freeze on student loan interest rate accrual through Dec. 31. The freeze was first enacted under President Donald Trump as part of the initial response to the federal coronavirus public health emergency, and it has been renewed six times.
