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Investing.com – The U.S. dollar rose in early European trade Thursday, climbing near to a seven-week high, after the Federal Reserve kept interest rates steady and played down expectations for a March rate cut. At 04:25 ET (09:25 GMT), the Dollar Index, which tracks the greenback against a basket of…
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda voiced confidence over prospects of higher wages and stressed the bank’s resolve to phase out stimulus if inflation durably hits its goal, despite data showing the economy has slipped into recession. But he said the central…
This article is for those individuals who are single and have never been married. Most articles written about Social Security claiming strategies address the analysis for a married couple. This is simply because planning for married couples revolves around these 3 criteria: Maximize the high earner Social Security benefit. Coordinate…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…
Student loan debt has been an ongoing discussion among Americans for years as the debt balance continues to grow. The country’s total student loan debt now sits at $1.6 trillion, according to Federal Reserve Bank of New York data. These debts are overwhelming for many borrowers. Nearly 94% of respondents…
Interest payments for U.S. consumers are through the roof. Last quarter, consumers spent a record-high $1.1 trillion on interest payments alone, reported Quartz, using data from the U.S. Bureau of Economic Analysis (BEA). Over half of those interest payments were not related to mortgage debt. Mortgages often have some of…
Medical debt may come off credit reports soon, helping Americans qualify for more financial products
Medical bills may soon be removed from many credit reports. The Consumer Financial Protection Bureau (CFPB) just proposed a rule that would eliminate medical debt from credit reports in an attempt to prevent debt collectors from using the reporting system to get people to pay. The rule also intends to…
Investment Thesis Global freight rates continue to incur volatility and have stretched back towards 2022 highs. The containerized freight index shown in Figure 1, has lifted to 3,379 points from a range of 1,000 leading into the year. The last time this occurred in 2022, those in the air freight…
Increasing numbers of wealthy foreigners say they are leaving the UK in response to the abolition of the “non-dom” regime that allowed them to avoid paying tax on overseas income. The change — backed by both the Conservative and Labour parties — has contributed to a relative decline in the UK’s…
By Karen Brettell NEW YORK (Reuters) -The dollar fell against the euro and yen on Thursday as investors continued to bet the Federal Reserve is closer to cutting interest rates, even after Chairman Jerome Powell said that a move in March was unlikely. Powell said on Wednesday that rates had…