What Is Replacement Cost Coverage for Homeowners?

Mortgage

When your home experiences damage from a covered disaster, your insurer uses one of two methods for determining the payout for damages and lost belongings. Actual cash value, or ACV, takes depreciation into account, and…

Best Travel Credit Cards For People With Bad Or Fair Credit

Mortgage

You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict editorial policy, so you can trust that…

Ex-Fed chairs, Treasury chiefs defend Jerome Powell as Trump DOJ pursues probe

News

A group of former Federal Reserve chairs and Treasury secretaries released a joint statement defending Fed Chair Jerome Powell after he revealed the Trump administration’s Justice Department is threatening to criminally indict him over his testimony about the Fed’s renovations. The group includes former Fed Chairs Ben Bernanke, Allen Greenspan and…

Trump to interview BlackRock’s Rick Rieder for Fed chair position

News

Exclusive: President Donald Trump will interview Rick Rieder, BlackRock’s chief investment officer of global fixed income, this week to possibly be the next chairman of the Federal Reserve, administration sources told FOX Business. The sources said the interview with Rieder will take place on Thursday at the White House. It…

December CPI inflation to be impacted by lack of data from government shutdown

News

The Labor Department is set to release the December consumer price index (CPI) on Tuesday, which is expected to show inflation remaining elevated above the Federal Reserve’s 2% target as data collection disruptions from the government shutdown linger. The consensus forecast compiled by FactSet estimates that headline inflation rose 0.3% on…