Category: Uncategorized

The final number hasn’t been determined yet. But, with the recent release of August’s inflation data, experts have a pretty good idea of how much of a percentage raise Social Security recipients will be getting beginning with this coming January’s payments. But what does this percentage increase mean in practical, tangible terms for, say, a…

The Federal Reserve is expected to raise its benchmark interest rate by a quarter percentage point at its meeting Wednesday, which would mark the first increase since July 2023, according to CNBC. CME Group’s FedWatch tool showed traders placing odds above 90% on a hike, an outcome that would set the federal funds rate target…

Morgan Stanley filed to convert $10 billion of Eaton Vance state municipal bond funds, now available only as closed-end funds or mutual funds, into ETFs. Holders gain intraday exchange trading and lose the persistent discounts to net asset value that closed-end funds carry. Conversion removes those structural disadvantages in one step. Disclosure *$149 for two…

More than three-quarters of voters in five states with U.S. Senate elections this November said they would be more likely to back a lawmaker who has a plan to prevent future Social Security benefit cuts, according to new battleground polling. The Peter G. Peterson Foundation survey found that 77 percent of voters across Georgia, Michigan,…

Image from Pixabay Rigetti Computing (RGTI) trades near $15, about 73% below the high it set inside the past year. No market shock did that: the S&P 500 returned 17% over the past twelve months while Rigetti lost 8.5%. The 73% is measured from a high set inside those same twelve months, so the stock…

President Donald Trump has committed to respecting the Federal Reserve’s upcoming decisions, a notable pivot from years of publicly pressuring the central bank to cut interest rates. The commitment was relayed by National Economic Council Director Kevin Hassett, who emphasized Trump’s support for Fed Chair Kevin Warsh’s independence as the central bank prepares for its…

Investors face a choice between a traditional industrial titan and a high-tech pioneer as the auto market evolves. Choosing between Ford Motor (NYSE:F) and Tesla (NASDAQ:TSLA) requires weighing current stability against future innovation. Ford relies on its deep manufacturing roots and a dominant position in commercial trucks to drive its business forward. Tesla ignores the…

WEC Energy Group logo is displayed on a smartphone mobile screen_By Rafael Henrique Milwaukee, Wisconsin-based WEC Energy Group, Inc. (WEC) provides regulated natural gas and electricity, and renewable and nonregulated energy services in the United States. The company has a market cap of $34.3 billion and operates through Wisconsin, Illinois, Other States, Electric Transmission, and…

The US stock market continued to be under pressure ahead of the Federal Reserve’s policy on Thursday. Overnight, the Dow Jones and Nasdaq Composite crashed from 200 points to 330 points, while the S&P 500 followed the bearish trend. Meanwhile, on September 16, ahead of the Fed outcome, all US stock futures traded higher as…

US Fed meeting Live updates: The two-day US Fed meeting concludes today, and anticipation is high that the US Central Bank will raise interest rates for the first time in three years. The 12-member committee will announce its decision at 18:00 GMT or 11:30 PM Indian Standard Time (IST). As mentioned above, the US Fed…