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Food prices are skyrocketing, and it's changed the way we eat |  CNN Business

Food prices are skyrocketing, and it’s changed the way we eat | CNN Business

New York CNN Business — Lisa Altman prided herself on being able to eat whatever she wanted without worrying too much about the price. When she was growing up, seconds weren’t served and side dishes were rare. “My mom had a budget every week and she stuck to it,” she said. “As I got older …

Food prices are skyrocketing, and it’s changed the way we eat | CNN Business Read More »

The Crypto Correction Shows the Market is Working

The Crypto Correction Shows the Market is Working

Text size Crypto regulation must address the real issues of money laundering, sanction evasion, terrorist financing and other criminal behavior, as well as the implications of this new technology for the traditional monopoly of nation states on monetary policy. The time of dreams About the authors: JAmil N. Jaffer is the founder and executive director …

The Crypto Correction Shows the Market is Working Read More »

The Crypto Correction Shows the Market is Working

The Crypto Correction Shows the Market is Working

Text size Crypto regulation must address the real issues of money laundering, sanction evasion, terrorist financing and other criminal behavior, as well as the implications of this new technology for the traditional monopoly of nation states on monetary policy. The time of dreams About the authors: JAmil N. Jaffer is the founder and executive director …

The Crypto Correction Shows the Market is Working Read More »

Many people have credit problems.  How advisors can help you.

Many people have credit problems. How advisors can help you.

Elevate research shows that 15% of people with less than optimal credit scores earn an individual income of more than $100,000 per year. Additionally, new data from CreditCards.com shows that while credit card debt is most prevalent among the lowest income earners, 37% of those with a month-to-month balance earn at least $100,000 a year. …

Many people have credit problems. How advisors can help you. Read More »

Mortgage rates climb to nearly 6.3%, the highest level since 2008 |  CNN Business

Mortgage rates climb to nearly 6.3%, the highest level since 2008 | CNN Business

Mortgage rates jumped for the fifth consecutive week, rising above 6% again in the face of yet another aggressive interest rate hike by the Federal Reserve. The 30-year fixed-rate mortgage averaged 6.29% in the week ending Sept. 22, down from 6.02% the previous week, according to Freddie Mac. That’s significantly higher than this time last …

Mortgage rates climb to nearly 6.3%, the highest level since 2008 | CNN Business Read More »

The Fed raised rates again.  The big news is where they could peak.

The Fed raised rates again. The big news is where they could peak.

Text size The Federal Reserve’s latest increase comes after recent consumer price inflation data turned hotter than expected. Kevin Dietsch/Getty Images The Federal Reserve on Wednesday moved to raise interest rates by 0.75 percentage points and reported rates could be higher than investors had expected as the central bank battles high inflation for decades. The …

The Fed raised rates again. The big news is where they could peak. Read More »

"She never explained anything": I am an elderly person and I lost $100,000 on the stock market this year.  Can I sue my financial advisor?

“She never explained anything”: I am an elderly person and I lost $100,000 on the stock market this year. Can I sue my financial advisor?

I am a senior citizen and I suffered significant losses in the range of $100,000 during the recent stock market turmoil. Can I sue my financial advisor? I understand the dynamics of the market in terms of its ups and downs, and I’ve weathered them before. However, it has been different with the market over …

“She never explained anything”: I am an elderly person and I lost $100,000 on the stock market this year. Can I sue my financial advisor? Read More »

The Fed gets off to a strong start with a third consecutive rate hike of three quarters of a point |  CNN Business

The Fed gets off to a strong start with a third consecutive rate hike of three quarters of a point | CNN Business

washington d.c. CNN Business — The Federal Reserve made history on Wednesday by approving a third straight 75 basis point hike in an aggressive move to tackle runaway inflation plaguing the US economy. The oversized hike, which was unfathomable to markets just a few months ago, takes the central bank’s benchmark benchmark rate to a …

The Fed gets off to a strong start with a third consecutive rate hike of three quarters of a point | CNN Business Read More »

Brace yourself: the Fed is about to inflict “some pain” with a 75 basis point rate hike.  Here's how to prepare your wallet and wallet.

Brace yourself: the Fed is about to inflict “some pain” with a 75 basis point rate hike. Here’s how to prepare your wallet and wallet.

The Fed is ready to bring the pain. Are you ready? A few weeks ago, Federal Reserve Chairman Jerome Powell warned that there would be “difficulties for households and businesses” as the central bank raises interest rates to fight higher inflation. higher than it has been for four decades. Powell and other members of the …

Brace yourself: the Fed is about to inflict “some pain” with a 75 basis point rate hike. Here’s how to prepare your wallet and wallet. Read More »

Will the economy get worse?  Consider increasing your credit limit before he does.

Will the economy get worse? Consider increasing your credit limit before he does.

Leaning on a credit limit in a faltering economy is like expecting a weak bridge to weather a storm and lead you to survival. It is not uncommon for credit card issuers to minimize their risk by lowering credit limits or closing accounts when there is a risk of economic distress. Credit card issuers took …

Will the economy get worse? Consider increasing your credit limit before he does. Read More »