Business Insider

These are today's mortgage and refinance rates. Mortgage rates should fall further as inflation decelerates and the Fed is able to start cutting rates.

Mortgage Interest Rates Today, July 18, 2024 | Rates Down as a Fed Cut Looks More Likely

TheStreet

The central bank raised rates from March 2022 until July 2023.

Vanguard offers unexpected Fed interest rate forecast

The Federal Reserve is widely expected to cut its benchmark interest rate by September, though the central bank hasn't committed to a timeline for rate cuts. A handful of experts argue that The Fed won't or at least shouldn't cut rates before the end of the year, and should instead keep rates high until inflation is fully subdued.

A Fed Rate Cut Appears Imminent—Not Everyone Thinks It's the Right Time

It's generally wise for long-term investors to ignore market-watchers' near-term prognostications. After all, if you're saving for a goal decades in the future, it doesn't much matter what stocks will do over the next six months. But chances are you have some short-term goals, too. If you're saving to purchase...

Investing experts: Lock in a guaranteed 5% return before the Fed slashes interest rates

With interest rate cuts from the Federal Reserve on the horizon, it could be a good time to shift cash, experts say. While many investors are getting 5% yields on money market funds, that will fall once the Fed starts cutting interest rates. Rates for high-yield savings and certificates of...

Here are some money moves to make before the Fed starts cutting interest rates

Markets Insider

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnecessarily increases the risk," Bill Dudley wrote.

It may already be too late for the Fed to stop a recession, former central bank president says

Mark Mobius, Mobius Emerging Opportunities Fund chairman, joins 'Closing Bell Overtime' to talk the impact of the current political shakeup on the markets.

Gold long-term 'will continue to do well', says Mark Mobius

Investing.com -- Former New York Federal Reserve President Bill Dudley on Wednesday called for the Fed to cut rates as soon as next week amid recession concerns, reversing his long-held view for the U.S. central bank to persist with its higher for longer rate regime. "The facts have changed, so...

Fed's Dudley now calling for Fed rate cut next week amid recession concerns

Social Security is a major source of income for most retirees. Yet most people don't know how much income they may receive from the program. Here's how to access your Social Security retirement benefit estimate. For most retirees, Social Security benefits is a major source of income. Yet, just 11%...

Most people don't know how much their Social Security retirement benefits may be. Here's how to tell

Last week, the IRS confirmed that most nonspouse beneficiaries have 10 years to deplete inherited retirement accounts and must take yearly required minimum distributions, or RMDs. The rule applies to accounts inherited since 2020 if the original account owner had already started RMDs. However, you could save on taxes by...

IRS issues final rules for inherited IRAs — but many are 'missing the boat' on taxes, pro says

Get up to speed with the average interest rates offered by bank accounts in 2024. Our guide helps you make informed decisions for your financial growth.

Average Bank Account Interest Rates

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

J. Souza

Royal Caribbean’s Utopia of the Seas, a $1.35 billion behemoth of the sea, has recently been introduced to the world since its maiden voyage on July 19th. The ship, boasting nearly 5,700 passengers and a crew of over 2,200, offers an array of amenities designed to cater to multi-generational families on shorter 3- and 4-day itineraries.

Cruise Passengers Not Happy About Feature on World's Newest Mega Ship

It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Jumia: "It's not making a lot of money." Sign up now for the CNBC Investing Club to follow Jim Cramer's every move in...

Cramer's Lighting Round: Broadcom is 'absolutely terrific'

A recent AARP poll shows voters ages 50 and up are divided in their support for who takes the Oval Office in November. Here's what a push to put Vice President Kamala Harris at the top of the ticket could mean for those voters. Last Wednesday, a group of "Boomers...

Older voters face new decision in November with Kamala Harris poised to lead Democratic ticket

Reuters

OTTAWA, July 24 (Reuters) - The Bank of Canada on Wednesday trimmed its growth forecast for 2024, citing lower consumption, and reiterated that it expected inflation to return sustainably to its 2% target in the second half of 2025.

Bank of Canada trims 2024 growth forecast, sees inflation hitting target in 2nd half of 2025

Health authorities in the southern Indian state of Kerala are on high alert following the latest flare-up of the deadly Nipah virus. The Nipah virus is considered one of the most dangerous pathogens circulating in the wild. First identified 25 years ago in Malaysia, Nipah is estimated to have a...

India is on alert after a fresh outbreak of the deadly Nipah virus. Here’s what you need to know

(Reuters) -Federal Reserve policymakers are seen leaving their short-term interest-rate target in the 5.25%-5.50% range next week and waiting until September to start a string of quarter-point reductions, after fresh data showed the U.S. economy regained steam last quarter. Before the data, traders had priced in about a 9% chance of a rate cut when the Fed meets next week, but knocked that down to under 7% after a government report showed the economy grew at a 2.8% pace last quarter, faster than had been expected and double the pace in the first quarter of the year.

Fed seen holding rates steady in July, start cuts in Sept

Fond Du Lac, WI

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

NewsByJoshua

In a recent move that’s bound to shake things up, Mercury Marine has announced a series of partial layoffs affecting about 1,700 employees at their Fond du Lac headquarters. The company, grappling with a decline in sales, is implementing these layoffs throughout the rest of the year.

An engine manufacturer is laying off 1,700 workers due to drop in sales

Liz Ann Sonders, Charles Schwab chief investment strategist, joins 'Closing Bell' to discuss the markets, the Nasdaq dipping and cracks showing across the economy.

Fade low quality small caps, says Charles Schwab's Liz Ann Sonders

Raghuram Rajan, former Reserve Bank of India governor and professor of finance at the University of Chicago Booth School of Business, discusses the problems in India's budget.

India budget highlights main issues but doesn't devote resources to them: Ex-central bank governor

NewsBreak

BOJ to weigh rate hike next week, detail plan to halve bond buying, Reuters reports

The Bank of Japan is likely to debate whether to raise interest rates when it meets next week and unveil a plan to roughly halve bond...

BOJ to weigh rate hike next week, detail plan to halve bond buying, Reuters reports

Comments / 0