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YinYang · Getty Images Don’t let your current retirement planning write checks your Social Security benefits can’t cash. Roughly 70 million Americans rely on Social Security, but getting the most out of those benefits isn’t always straightforward. Whether your monthly check is your only income or a supplement to retirement savings, small mistakes can mean…

Quick Read Trump demanded 1% rates on Truth Social hours after the Fed hiked, but the Fed sets rates on inflation data, not presidential posts. Borrowers gain from 1% rates, with mortgage and credit card APRs near 21% set to fall, but savers lose income on CDs and Treasuries immediately. Ladder CD and Treasury maturities…

US stock futures advanced on Thursday as investors assessed the Federal Reserve’s latest interest-rate increase, the prospect of further monetary tightening and developments affecting global energy supplies. At 06:59 GMT, Dow Jones futures were up 366 points, or 0.7%, while S&P 500 futures gained 52 points, also 0.7%. Nasdaq 100 futures rose 215 points, or…

From mortgages to auto loans to credit cards, borrowing is set to get even pricier. But the Federal Reserve’s decision on September 16, 2026, to hike its baseline interest rate also highlighted an increasingly confounding dilemma: It can raise the price of money across the economy, but it can’t determine which sectors are most affected.…

(CNN) – Homebuyers could soon have to face an unwelcome milestone: a 7% mortgage rate. The average 30-year fixed mortgage rate inched closer to that level this week, climbing to 6.95%, up from 6.76% last week, according to Freddie Mac. It’s the fourth-straight week of rising rates and the largest one-week jump in mortgage rates…

When you look at the stock market today, you might get an eerie sense of déjú vu. A radical new technology is capturing investors’ imaginations, capital is pouring into companies Wall Street believes will dominate, and valuations are climbing to levels that seemed unthinkable only a few years before. If you thought I was describing…

Key Takeaways Table of Contents On Wednesday, the Federal Reserve implemented a 0.25% interest rate increase, marking the first such move since 2023 Spot gold gained 1.2% to reach $4,314.57 following an initial decline, whereas gold futures dropped 0.8% The Federal Reserve’s projected median rate for the conclusion of 2026 increased from 3.8% to 4.1%…

Nati Harnik/AP/REX · iStock.com It may seem counterintuitive that a billionaire would claim Social Security benefits. However, anyone who has worked and paid payroll taxes for 30-plus years is entitled to them, regardless of net worth. Social Security was designed to keep retirees out of poverty, which is obviously a concern most billionaires don’t share.…

manusapon kasosod · Getty Images It’s little secret that artificial intelligence (AI) models — and the massive data centers required to power them — are proliferating at a wild pace. Beyond the wide-ranging ethical and employment debates taking place, the market itself remains hot yet turbulent. AI boosters gesture towards a future where productivity soars…

US stocks rose in premarket trading on Thursday as oil prices edged lower and an expected Fed rate hike on Wednesday offered some relief that the central bank was working to contain inflation. Futures on the Dow Jones Industrial Average (YM=F) rose 0.7%, while those on the S&P 500 (ES=F) gained 0.7%. Contracts for the…