Expanding access to private credit

Expanding access to private credit

They’re generally reserved for the ultrawealthy and financial institutions. But the exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit. BondBloxx’s Joanna Gallegos thinks... Read more »
TIPS can provide an investor protection against inflation

TIPS can provide an investor protection against inflation

Although inflation has eased considerably, in many ways, it is still alive and well. The consumer price index, which measures the cost of a wide-ranging basket of goods and services, has fallen gradually from... Read more »
Here’s a potential winner from Trump tariffs: American tourists traveling abroad

Here’s a potential winner from Trump tariffs: American tourists traveling abroad

A customer at a food market in Palma, Mallorca, Spain. Andrey Rudakov/Bloomberg via Getty Images As economists ring alarm bells over the impact of President Donald Trump’s tariff policy on consumers and... Read more »
Global Bond Demand Reaches Australia With Record-Breaking Sale

Global Bond Demand Reaches Australia With Record-Breaking Sale

Investor demand for Australia’s new bond surged to a record as central bank policy easing, moderating inflation and trade tensions spurred a global rush for fresh issuance. Australia attracted A$83 billion ($52... Read more »
Fed Governor Bowman says December interest rate cut should be the last

Fed Governor Bowman says December interest rate cut should be the last

Michelle Bowman, governor of the U.S. Federal Reserve, speaks during the Exchequer Club meeting in Washington, D.C., on Feb. 21, 2024. Kent Nishimura | Bloomberg | Getty Images Federal Reserve Governor Michelle... Read more »
Millennials will spend big this holiday season, TransUnion finds

Millennials will spend big this holiday season, TransUnion finds

Parents tend to splurge on their children during the holidays. This year, 63% of millennials, many of whom now have school-age children of their own, said they plan to spend the same... Read more »
Federal Reserve cuts rates after election. What that means for you

Federal Reserve cuts rates after election. What that means for you

The Federal Reserve Building in Washington, D.C. Joshua Roberts | Reuters The Federal Reserve announced Thursday that it will lower its benchmark rate by a quarter point, or 25 basis points, less... Read more »
Only high earners can ‘easily afford’ holiday spending this year: survey

Only high earners can ‘easily afford’ holiday spending this year: survey

Betsie Van der Meer | Getty Only one cohort of surveyed shoppers said they have enough financial runway to spend cash this holiday season without rolling into debt — and even so,... Read more »
I just bought a used car for my teen driver. Here’s what I learned

I just bought a used car for my teen driver. Here’s what I learned

When I was a teenager, I bought my first car. It was a Toyota Tercel with a few hundred miles on it and cost less than $10,000. Granted, this was 30 years... Read more »
How to rethink cash as Fed cuts interest rates: Top financial advisors

How to rethink cash as Fed cuts interest rates: Top financial advisors

The U.S. Federal Reserve cut interest rates in September, the first in a string of cuts expected at least into 2025. Earnings on cash are expected to decline as a result —... Read more »
Here’s what’s behind the surprising rise in yields since the Fed started cutting

Here’s what’s behind the surprising rise in yields since the Fed started cutting

The reason why Treasury yields are rising isn’t complicated — it’s because investors are demanding more compensation for the risk they are taking when buying government debt. However, it’s the reason behind... Read more »
Markets will be looking for any surprises out of Thursday’s big inflation report

Markets will be looking for any surprises out of Thursday’s big inflation report

Federal Reserve policymakers have been breathing easier lately regarding inflation, and that faith that they’re closer to achieving their goal will get a key test Thursday. The Labor Department will release its... Read more »
Fed officials were divided on whether to cut rates by half a point in September, minutes show

Fed officials were divided on whether to cut rates by half a point in September, minutes show

WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to get, ultimately deciding on a half percentage point move in an effort... Read more »
Fed rate cuts should favor preferred stocks, Virtus fund manager says

Fed rate cuts should favor preferred stocks, Virtus fund manager says

One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as risky as common stocks. Infrastructure Capital Advisors Founder and CEO Jay Hatfield... Read more »
Port strike could have ‘devastating consequences’ for consumers: Expert

Port strike could have ‘devastating consequences’ for consumers: Expert

Port of Miami dockworkers strike near the port entrance and demand a new labor contract, on October 1, 2024 in Miami, Florida.  Giorgio Viera | Afp | Getty Images A dockworker strike at seaports... Read more »
What the fall housing market looks like for buyers

What the fall housing market looks like for buyers

Fstop123 | E+ | Getty Images While housing affordability remains a challenge for many buyers in the U.S., conditions are somewhat improving due to lower mortgage rates. Buyers need to earn $115,000... Read more »
When you can’t refinance a mortgage to capitalize on lower rates

When you can’t refinance a mortgage to capitalize on lower rates

The Federal Reserve slashed interest rates by a half percentage point, or 50 basis points, on Wednesday, its first rate cut since March 2020. Even before the Fed rate cut, some homeowners... Read more »
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp

Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp

Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week’s meeting because inflation is falling even faster than he had expected. Citing recent data... Read more »
Factors to consider before refinancing a loan, according to experts

Factors to consider before refinancing a loan, according to experts

Moyo Studio | E+ | Getty Images The Federal Reserve announced a half percentage point, or 50 basis points, interest rate cut at the end of its two-day meeting Wednesday. And, naturally,... Read more »