Faced with sticky inflation and a job market that’s losing steam, many Americans are feeling rattled these days. And when it comes to the year…
Despite nearing the end of his term, Federal Reserve Chairman Jerome Powell sidestepped any discussion of his legacy, emphasizing instead the goals he wants to lock in before passing the reins. “I really want to…
Key takeaways The Federal Deposit Insurance Corp. (FDIC) protects your money if your bank fails. Deposits are insured for up to $250,000 per depositor, per FDIC-insured bank, per ownership category. FDIC insurance covers traditional bank deposit products such as checking and savings accounts. In the event of a bank failure,…
You can use money from a health savings account (HSA) to pay for COBRA health insurance, allowing you to cover premiums with tax-free withdrawals. COBRA premiums qualify as medical expenses under HSA rules, which can make an HSA useful for maintaining coverage after leaving a job. Before using these funds,…
Cavan Images/Getty Images Key takeaways It can be intimidating to start building credit without a credit history, but there are several good credit card options available. Interest rates, annual fees, security deposits and potential rewards are all factors to consider before making a decision. Some top options for first-time credit…
Shares of cannabis companies jumped on Friday after the Washington Post reported U.S. President Donald Trump is expected to push the government to dramatically loosen federal restrictions on marijuana. U.S.-listed shares of Tilray Brands gained 35%, while SNDL, Canopy Growth and ETF AdvisorShares Pure US Cannabis were up between 20%…
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The Federal Reserve on Wednesday announced its third interest rate cut of the year as policymakers moved forward with the cut to support the labor market despite elevated inflation. Fed policymakers voted to lower the benchmark…
