The U.S. Federal Reserve Board’s Open Market Committee just raised the Fed Funds rate from 0.75% to 1.00%—the second rate hike in three months. So what should you do with your investment portfolio in light of this change?
The nation of Greece, once the subject of almost daily speculation about the viability of its government bonds, has pulled its economy out of a disaster into a muddle.
The markets have gone up and up and up, and we all know that they won’t go up forever, which means there’s a correction looming somewhere on the horizon.
For the first time since the Great Recession of 2007–09, the Federal Reserve has begun slowly raising interest rates. The first hike in the benchmark Fed Funds rate for overnight lending of reserve balances between depository institutions—from 0.25% to 0.5%—came in December 2015.
Millennial Americans are saving their money at a higher rate than their Baby Boomer counterparts at a similar age. Research from the Transamerica Center for Retirement Studies shows that nearly three-quarters of Millennials are saving for retirement at an earlier age than past generations.
Medicare is the Federal Health Care Insurance Program that begins at the age 65. You should sign up three months before your 65th birthday for Medicare Insurance Part A and B. Younger people may qualify for Medicare with certain disabilities or diseases.
In December 2016, Yahoo announced that data associated with more than 1 billion user accounts had been stolen in 2013. The company believes this was a separate incident from a previously announced theft of data from 500,000 user accounts in 2014.
Most of us suspect that the world is going to hell in a handbasket—or at least getting worse over the long term. In the U.S., only 4% of respondents will tell you that our world living conditions are improving.
According to a report on CNBC.com, a recent announcement by two US representatives could offer serious benefits for current and prospective college students, recent graduates, and their parents, including those who are trying to pay off student loans.