“The golden age of America begins right now.” So declared Donald Trump on January 20th in his inaugural address. In the six weeks since that chilly day, investors and economists have started to grapple with a less upbeat possibility: that his arrival in the White House is both causing and coinciding with a period of […]
El Salvador’s wild crypto experiment ends in failure
Its curtailment is the price of an IMF bail-out. And one worth paying Source link
The average down payment on a house in 2025 #CashNews.co
Cash News You don’t need a 20% down payment to buy a house, despite what you may have heard. However, you will need a good amount of cash — usually tens of thousands of dollars. Just how much should you be saving up, though? Is it worth putting down more than the minimum down payment? […]
How much you’ll pay when you sell a home #CashNews.co
Cash News Getting a great price for your home can feel like quite the win — but when it comes time to file taxes, you might feel differently. That’s because you could owe capital gains taxes. This is a separate tax for profits made off certain investments. Depending on how long you owned the home […]
What credit card users need to know about the Fed’s December rate cut #CashNews.co
Cash News The Federal Reserve has made its third consecutive rate cut since September. During the The Federal Open Market Committee (FOMC) session on December 18, 2024, the Fed lowered its target federal funds rate range by 25 basis points (a quarter percentage point). That brings the current target to 4.25%-4.50%, down a full percentage […]
Leveraging technology to bring you better banking services #CashNews.co
Cash News Summary: Chime® is a San Francisco-based financial technology company — not a bank — that offers banking services provided by its partner banks (The Bancorp Bank, N.A. or Stride Bank, N.A., which are both FDIC-insured institutions). It offers a checking account, savings account, and a secured Visa® credit card. Chime does not have […]
Retail vs. commercial banking: What’s the difference? #CashNews.co
Cash News As an individual or business owner, it’s easy to get overwhelmed by all the banking options out there. Understanding the differences between retail and commercial banking can help. Retail banking targets individual consumers, offering products like deposit accounts and loans. On the other hand, commercial banks serve businesses, governmental bodies, and institutions. Importantly, […]
Can someone on Social Security disability open a high-yield savings account? #CashNews.co
Cash News When you receive Social Security Disability Insurance (SSDI), there’s no limit on the amount of money you can save or where you can save it. That’s good news since it means you can open up any type of savings account, including a high-yield savings account (HYSA). However, for people with Medicaid or Supplemental […]
Best credit card sign-up bonuses for 2025 #CashNews.co
Cash News A credit card sign-up bonus can help you quickly earn valuable rewards as a qualified new cardholder, whether you prefer cash back, points, or miles. Your bonus could be worth up to $750 or more, depending on the offer. These limited-time credit card offers provide better deals than the standard offers, but they’re […]
What is a property easement, and how does it affect homeowners? #CashNews.co
Cash News When you buy a home, the property will undergo a title search to ensure no legal issues are stopping you from becoming the new owner. When you receive the title search, you might see that the property has one or more easements, which give other parties the legal right to access certain parts […]