The Fed just cut interest rates. Here’s how to boost your savings
As the Federal Reserve lowers rates, it’s a good idea to make sure your savings are still getting the biggest boost. The central bank cut its benchmark short-term interest rate by a quarter of a point. In July, the bank cut rates for the first time since the Great Recession. As a result, some banks […]
Nearly half of Americans have anxiety over their debt
Adults in the U.S. over the age of 18 say they have an average of $29,800 in personal debt (not including mortgages), and 15% of Americans say they think they will be in debt for the rest of their lives. According to Northwestern Mutual’s 2019 Planning and Progress Study, this is still an improvement from […]
Here’s how the Fed rate cut affects you
The Federal Reserve’s decision to cut interest rates by a quarter point for the second time in a decade is a double-edged sword for many Americans. On the one hand, the Federal Open Market Committee and Chairman Jerome Powell have expressed concerns about a slowing economy and the ongoing trade war, which could raise prices […]
Here’s What an Extra $50 a Month Could Do for Your Retirement Savings
Most people don’t know how much they need to save for retirement, but many are pretty certain they’re not saving enough. Finding extra cash to save toward retirement isn’t always easy, and it often seems like you need to set aside hundreds or thousands of dollars to make any real difference. But small contributions made […]
AT&T reportedly considers offloading its DirecTV satellite unit
The deal hasn’t worked out as well as planned. AT&T made much ado of its $48.5 billion acquisition of DirecTV, but it’s apparently having second thoughts just a few years later. Wall Street Journal sources claim the telecom is considering “parting” the DirecTV satellite unit through a number of means, including a spinoff as a […]
Lamborghini’s crazy looking hybrid is more interesting under the hood
A supercar with a supercapacitor. “We are a game-changer and a provocateur,” Lamborghini’s CTO, Maurizio Reggiani told Engadget. The automaker has a long history of making waves with traffic-stopping designs and more recently, innovative tech. At last week’s Frankfurt Motor Show, the Italian company unveiled its Sian hybrid supercar. But it ditched the traditional battery […]
Apple wants to trademark ‘Slofie’
This is more to thwart competitors than capture the cultural zeitgeist. You might have rolled your eyes when Apple mentioned that the iPhone 11 and 11 Pro could do “slofies,” but the company is taking things slightly more seriously. Apple has applied to the USPTO for a trademark on the term “Slofie” in terms of […]
FCC creates two ‘innovation zones’ to test next-gen wireless
New York City and Salt Lake City will experiment with 5G and more. The FCC is backing up its push for next-gen wireless by setting up entire areas devoted to advancing the technology. The agency has created two “innovation zones” in New York City and Salt Lake City that will serve as testbeds for 5G […]
Stocks to Watch: Signals in View for Winmark Corp (WINA)
Looking at the recent signals on shares of Winmark Corp (WINA), we can see that the short-term MACD indicator is presently pointing to a Sell. The MACD is typically used to measure bullish or bearish price movements. The MACD signal direction is currently reading Weakest. Switching to another short-term indicator, we have noted that the […]
Stock Watch: Signals in View for Rogers Corp (ROG)
Looking at the recent signals on shares of Rogers Corp (ROG), we can see that the short-term MACD indicator is presently pointing to a Sell. The MACD is typically used to measure bullish or bearish price movements. The MACD signal direction is currently reading Weakest. Switching to another short-term indicator, we have noted that the […]