Moyo Studio | E+ | Getty Images The Federal Reserve announced a half percentage point, or 50 basis points, interest rate cut at the end of its two-day meeting Wednesday. And, naturally, some Americans will want to make the most of the central bank’s first rate cut since the early days of the Covid pandemic. … Read more
US President Joe Biden looks on before speaking ahead of the 30th anniversary of the Violence Against Women Act on the South Lawn of the White House in Washington, DC, September 12, 2024. Andrew Caballero-Reynolds | AFP | Getty Images A federal judge has extended a temporary restraining order against the Biden administration’s latest student loan forgiveness … Read more
Tupperware, known the world over for its plastic food storage containers, has filed for bankruptcy after years of falling popularity and financial troubles. “Over the last several years, the company’s financial position has been severely impacted by the challenging macroeconomic environment,” Laurie Ann Goldman, president and CEO of Tupperware Brands Corporation, said on Tuesday. Chapter … Read more
Andresr | E+ | Getty Images The Federal Reserve is poised to make its first interest rate cut in years on Wednesday. But homeowners shouldn’t bet on the move as an opportunity to immediately refinance their mortgage. That’s because “a lot of these rate cuts are already priced in,” Chen Zhao, the economic research lead … Read more
Kelcie Lesko and Tim Khalil remember the moment when they gave up on buying their first home. It was June 2023, when U.S. homebuyers were scrambling to beat out rising mortgage rates and snatch up what they could from a limited number of units on the market. Amid soaring house prices, many buyers made all-cash … Read more
Australians are increasingly struggling to afford basic essentials as the cost of living continues to squeeze family finances, with some having purchases rejected and others simply removing items from their shopping at the checkout. A new Finder survey of 1062 people revealed 7 per cent of people were unable to afford to buy essentials and … Read more
Shu Matsuo Post, 38, built a $2 million real estate portfolio, according to documents seen by CNBC Make It. Courtesy of Shu Matsuo Post The idea of financial independence can mean different things to different people, but one common way to define it is having enough money that you no longer need to rely on … Read more
More than five million Australians are set to get a cash boost at the end of the week as Services Australia payments are indexed on top of additional increases to Rent Assistance payments. The indexation will be applied to a range of pensions and payments including the Age Pension, Disability Support Pension and Carer Payments, … Read more
Officials are urgently hunting a mystery millionaire after warning they have less than two weeks left to claim their winnings. The call-out is to the South Australian resident or visitor who has one of the winning $1 million Monday and Wednesday X Lotto tickets drawn on Wednesday 27 September 2023. WATCH THE VIDEO ABOVE: Time … Read more
Yellow Dog Productions | The Image Bank | Getty Images One way to estimate tax withholding You can start by finding your total federal taxes paid for 2023, which is listed on line 24 of your tax return. If your gross income and tax situation has not changed from last year, you are likely to … Read more
