Cash News The Federal Reserve reduced its target interest rate three times in 2024. As a result, high-yield savings account rates have been falling. That said, some of the best accounts still pay above 4% APY. In order to get the highest interest rate possible on your savings, it’s important to do your research and […]
Cash News Best money market account rates today: February 25, 2025 (earn up to 4.51% APY) Money market account interest rates today are still well above historical norms. Find out where to get the best money market account rates now. Read More #cashnews #newsfinace #finance #FollowsCashnews
Policymakers are racing to catch up with their rapid rise Source link
Cash News Editor’s note: We are monitoring government moves regarding the first-time home buyer tax credit and will update this page as necessary. Now that the presidential election has been decided, speculation is bubbling up about a possible revival of the first-time home buyer tax credit. While Kamala Harris had promised to offer $25,000 in […]
After peaking in 2022 at 11% year on year, inflation across the rich world has steadily fallen. Until now. As central banks bring down interest rates, headline inflation across the rich world is edging up (see chart 1 ). It rose from 2.1% in September to 2.5% in December. Source link
“He started it,” is playground justice. It may soon be America’s trade policy. On February 13th Donald Trump announced he had decided, for what he later called “purposes of fairness”, to employ reciprocal tariffs. When the levies will go into effect, and how they will apply, is uncertain. A memorandum directs federal agencies to look […]
If you are going to buy a flat in China, common advice goes, you should buy it from a “model student”. That is, a developer who has followed the rules, kept debts under control and refrained from excessive expansion. Vanke, a Shenzhen-based firm and one of China’s biggest homebuilders, once qualified as such. Its name […]
WHEN IT COMES to the finances of American consumers, the viral videos produced by Caleb Hammer, a personal-finance social-media star, provide some cause for concern. His “financial audits” of debt-laden guests have amassed almost 2m followers on TikTok and YouTube in less than three years. Mr Hammer’s interviewees—typically young and foolish—scramble to justify their wild […]
How self-imposed constraints could lead to a bizarre outcome Source link
Cash News If you work from home as a contractor, freelancer, or small business owner, the home office deduction should be top of mind as you get ready to file your tax return. The IRS permits a tax deduction for the part of your home you use for work, provided that you and your space […]