Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain unchanged during a news conference at the Federal Reserves’s William McChesney Martin building on June 12, 2024 in Washington, DC. Following the two-day Federal Open Markets Committee meeting Powell said the Fed has decided to keep their current rate range of 5.25-5.50 percent and signaled that it believes long-run rates will stay higher than previously indicated.Kevin Dietsch/Getty ImagesUS indexes edged higher as investors waited for a likely interest rate cut from the Fed.The central bank will wrap up its policy meeting at 2 p.m. ET, with markets pricing…
Author: user
A 2023 Ford F-150 Raptor R, a high-performance pickup truck valued at over $100,000, has met a tragic end just a year after leaving the factory. This once powerful vehicle, known for its 700 horsepower engine and rugged design, is now a total loss. The exact circumstances leading to its demise remain unclear, but it’s evident that the extreme power and torque of this truck, combined with its substantial weight, can be a challenge for even experienced drivers. Despite the hefty insurance payout, the owner of this vehicle has likely moved on to replace it. However, the remnants of this…
monkeybusinessimages / iStock/Getty ImagesOne of the fastest ways to grow your money is to make sure it is doing the earning for you, and not the other way around. If you don’t want to take higher risks with your investments, such as with stocks or bonds, a high-yield savings product is your next best bet. Certificates of deposit are a great way to invest your funds and know exactly how much you’ll have at the end of its term length.Today’s featured pick is the 3-month CD account offered by Shoreham Bank. This account has an APY of 5.50%. With a…
SAN FRANCISCO–(BUSINESS WIRE)–Levi Strauss & Co. (NYSE: LEVI) will host a conference call to discuss the company’s financial results for the third quarter ended August 25, 2024. The call will be held on Wednesday, October 2, 2024, at 2 p.m. Pacific Time / 5 p.m. Eastern Time, and will be hosted by Michelle Gass, president and chief executive officer, and Harmit Singh, chief financial and growth officer. To access the conference call, please pre-register using this link. Registrants will receive an email confirmation with dial-in details. A live webcast of the event can be accessed using this link. A replay…
Donald Trump recently said he would not sell his stock in Trump Media & Technology Group (DJT). But, starting Thursday, he will have that option — something that’s not been available since the social media company went public in March.“I have absolutely no intention of selling,” the former president told reporters at a press conference last week. “I love it. I use it as a method of getting out my word.”DJT shares surged by double digits on Friday following his revelation, although the stock has recently given up those gains, falling roughly 10% over the past six days to trade…
The Rolls-Royce Spectre, a luxury electric vehicle, is typically known for its understated elegance. However, this particular Spectre has received a subtle yet striking makeover from RDB LA. Unlike many aftermarket customizations that can be over the top, this Spectre’s modifications maintain its luxurious appeal while adding a touch of individuality. One of the most noticeable changes is the blacked out chrome elements. The grille slats, which were originally chrome, now feature a black chrome finish, creating a subtle contrast. Additionally, the Spectre has been fitted with new 24-inch alloy wheels that perfectly complement the car’s design, appearing as though…
Economists widely expect the Federal Reserve to shake things up today by cutting its federal funds rate for the first time since March 2020. This change isn’t just dry economics news — it has a real impact on your savings accounts, investments, mortgage payments and more. For example, lower Fed rates may reduce the amount of interest you earn on your savings, but they also lower the borrowing costs for new mortgages, credit cards and personal loans.Let’s unpack how today’s Fed rate cut could shape your personal finances.5 ways Fed rate decisions affect your moneyThe Federal Reserve influences the interest…
The Aspen, a short lived Dodge model, was not known for its exceptional sales figures but was a practical choice for city driving due to its fuel efficiency. Despite its brief production run, which ended in 1980 with the introduction of the Aries, the Aspen gained popularity for its affordability and practicality. In 1977, the Aspen lineup underwent significant changes, including the introduction of a new Super Six version of the 225 six cylinder engine. This engine, equipped with a two barrel carburetor, offered improved performance without the need for larger and more fuel intensive V8 options. The Aspen’s popularity…
After ending the previous session little changed, stocks may move to the upside in early trading on Wednesday. The major index futures are currently pointing to a modestly higher open for the markets, with the S&P 500 futures up by 0.2 percent.Traders may be reluctant to make significant moves early in the session ahead of the Federal Reserve’s monetary policy decision this afternoon.The Fed is due to announce its decision on interest rates at 2 pm ET, followed by Fed Chair Jerome Powell’s post-meeting press conference at 2:30 pm ET.While the Fed is almost universally expected to lower rates, there…
Voters in Johnson County will contend with a $30 million county conversation bond this November. But how much will it cost residents if it is approved?The county Board of Supervisors has approved the final language for the bond, which will be used to develop and improve trails and parks and improve air and water quality.If passed, the bond would result in an estimated average increase of $7.09 per $100,000 of assessed property value on top of the property tax the supervisors set each year.The measure must be approved by a 60% “supermajority” of voters during the Nov. 5 general election.…