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ECONOMY

California Insurers Reduce Fire Coverage Amid Ongoing Wildfire Crisis

Thursday, Jan 09

Insurance companies in California are cutting back coverage as wildfires rage, leaving homeowners at risk of not receiving payouts.

ECONOMY

Affordable alternatives for borrowing money outside of credit cards

Thursday, Jan 09

Discover three cost-effective methods to borrow money without credit cards, including home equity loans and personal loans, as rates soar.

ECONOMY

U.S. Stock Markets Close Mixed Amid Economic Reports

Thursday, Jan 09

U.S. stock indexes were mixed, with the S&P 500 and Dow Jones rising slightly while the Nasdaq dipped, amid economic uncertainty.

ECONOMY

Navigating CD Choices: Understanding Short-Term vs. Long-Term CD Rates and Expectations for 2025

Thursday, Jan 09

Explore current CD rates and the benefits of short-term vs. long-term options as we analyze expected trends for 2025.

ECONOMY

Federal Reserve Signals Slower Rate Cuts Ahead Amid Inflation Concerns

Thursday, Jan 09

Federal Reserve officials indicate a cautious approach to future rate cuts as inflation remains elevated, with clear divisions among policymakers evident in recent meeting minutes.

ECONOMY

US Credit Reporting Changes Spark Controversy as Industry Groups File Lawsuit Against Medical Debt Ban

Thursday, Jan 09

US bans medical debt from credit reports, prompting industry groups to file a lawsuit challenging the new rule set by the Biden administration.

ECONOMY

UK Pound Drops as Government Borrowing Costs Reach Highest Level Since 2008

Thursday, Jan 09

The pound declines to a nine-month low as UK government borrowing costs soar to their highest level since the 2008 crisis.

ECONOMY

Fed Officials Worry Trump's Policies May Delay Inflation Reduction

Thursday, Jan 09

Fed minutes reveal concerns that Trump’s policies could hinder progress in reducing US inflation, complicating monetary policy decisions moving forward.