Pandemic disruptions may have muddled the measurement of home prices in inflation data. That could complicate the Fed’s course on interest rates. The Federal Reserve may have a housing problem. At the very least, it has a housing riddle. Overall...
The U.S. Federal Reserve will cut the federal funds rate in June, according to a slim majority of economists polled by Reuters, who also said the greater risk was the first rate cut would come later than forecast rather than...
There’s no better time than at the start of a new year to clean up your finances and boost your net worth. When it comes to managing money, nobody’s perfect. Many succumb to lifestyle creep and spend more than they...
A top question on the minds of investors and consumers alike is when might the Federal Reserve make its first interest rate cut after two years of rapid hikes, which have sent mortgage and credit card rates soaring. But after...
U.S. Treasury yields climbed on Tuesday, with the 10-year yield hitting a 2-1/2-month high, after a reading on inflation came in above estimates, extending market expectations for the timeline of rate cuts from the Federal Reserve until later this year....
A judge in Hong Kong surprises the mainland “Enough is enough,” declared a Hong Kong judge on January 29th of Evergrande, a failing Chinese property behemoth, and its two-year struggle to avoid repaying its creditors. In a landmark ruling, the...
Regional banks have been setting aside more money to deal with future losses on commercial real estate. Some analysts now fear it hasn’t been enough. The stock of commercial real estate lender New York Community Bancorp (NYCB) continued to slide...
China Evergrande Group creditors are set to recover just a fraction of the billions of dollars worth of the builder’s debt they hold, with most of its assets likely hard to access for liquidators. Almost all of Evergrande’s assets are...
With inflation impacting budgets, many are seeking ways to manage their expenses effectively. The 2022 Consumer Expenditure Survey by the Bureau of Labor Statistics reveals that the average American household’s monthly expenses total approximately $6,081, equating to $72,967 annually. This...
Happy New Year! 2024 dawned with the energy of 2023’s end-of-year market rally burning hot, and we’re letting it fuel our focus as we look forward to a year that promises to keep us on our toes. At Archvest, we’re...
A powerful bipartisan duo announced a significant tax deal Tuesday that would combine a temporary expansion of the child tax credit with long-sought provisions for the business world. It’s a deal that faces uncertain prospects of being enacted. But if...
Consumer expectations for euro-zone inflation fell to the lowest in more than 1 1/2 years in November — supporting markets’ view that interest-rate cuts by the European Central Bank could soon be in the offing. Expectations for the next year...
In the United States, the concept of being rich is often a subject of discussion, curiosity and, sometimes, aspiration. Charles Schwab’s 2023 Modern Wealth Survey provides insights into this topic, revealing that the average American equates being wealthy with a...
I bond rates surged in 2021 and 2022 as inflation soared, but some investors may now be eyeing the exit as inflation retreats. With variable rates starting to come down, but the fixed rate on the rise, it may make...
The long-awaited simplified Free Application for Federal Student Aid (FAFSA) form to request financial help for the 2024-25 year is finally here — though it may not have seemed like it for millions of Americans over the long New Year’s...
