Did the Fed raise interest rates this week? Yes, the Federal Reserve voted unanimously on September 16, 2026, to lift the federal funds rate by 25 basis points, pushing the target range to 3.75%-4%. The move marks the central bank’s first rate increase since July 2023 and a sharp reversal after more than a year … Read more
Kevin Warsh’s Kevin Warsh Fed confirmation hearing put the future of the Federal Reserve back in the political spotlight, with senators pressing him on independence, inflation, wealth disclosures, and questions tied to Jeffrey Epstein. The hearing became a sharp test of whether President Donald Trump’s pick can convince lawmakers he would not simply carry out White House … Read more
What are two disadvantages of putting your money into savings accounts, compared to investing? Financial experts are highlighting critical limitations that could impact your wealth-building strategy in 2025. While high-yield savings accounts currently offer rates up to 5.00% APY, many financial advisors warn that these seemingly attractive returns mask significant drawbacks for long-term wealth accumulation. … Read more