Archive List for FX

2 ways rate cuts will impact your finances

The Federal Reserve’s recent 50 basis point rate cut in September has investors speculating about the central bank’s future rate-cutting path as the November meeting approaches. With rates trending downward, Claris Financial Advisors Founder Lee Baker joins Wealth! to discuss the impact of lower rates on personal finances. Baker explains that rate cuts have a dual effect on individual finances. First, they lead to lower returns on savings accounts, including high-yield options. Second, they result in reduced interest rates on debt, potentially allowing individuals to save more on their borrowings. For those with high-yield savings accounts, Baker advises careful consideration of financial needs before making any changes to investment strategies. […]

How to figure out how much you need to retire

57% of working Americans feel behind on their retirement savings, according to a recent Bankrate survey. Christine Benz, Morningstar director of personal finance and retirement planning, joins Wealth! to discuss how you can best plan for retirement. “As retirement approaches, as you hit the threshold of maybe age 50, start putting pen to paper about how you think your budget may change in retirement because inevitably it will change a little bit. You may have fewer commuting costs. You may not need clothes to go into the office. So take a hard look at that. Maybe you’re mulling some sort of relocation or downsizing that’ll definitely improve your budget. So […]

Why another 50 bps cut from the Fed is ‘unrealistic’

The Federal Reserve has initiated a rate-cutting cycle, starting with a significant 50 basis point reduction last week. As this new phase unfolds, investors are questioning whether such aggressive monetary easing will continue. Lafayette College Chief Investment Officer Krishna Memani joins Catalysts to share his perspective on the future of monetary policy. Memani suggests that current interest rates are higher than necessary, citing “the slack that is developing in the labor market.” Despite this, he believes the economy is currently in “a good place.” Looking ahead, Memani expects rates to follow “a continuous downtrend” in the coming months. Memani admits he anticipated a more modest 25 basis point cut rather […]

Smucker CEO explains his approach to unhealthy food concerns #shorts

Smucker CEO explains his approach to unhealthy food concerns Full Video: https://finance.yahoo.com/video/name-smucker-family-business-good-095510687.html #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #2024 #2024shorts #smuckers #marksmucker #family #business

How the presidential election may impact the U.S. corporate tax rate #shorts

How the presidential election may impact the U.S. corporate tax rate Full Video: https://www.youtube.com/watch?v=Udo4eWWZUjE&list=PLx28zU8ctIRrPPoWZxI2uK-uEGDIx0DDD&index=3 #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #2024 #2024shorts #presidentialelection #kamalaharris #donaldtrump #tax #business #businesstaxation #taxcredits

Why we can’t just have 0% inflation #shorts

Why we can’t just have 0% inflation Full Video: https://youtu.be/Zs78JnRqYsQ #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #2024 #2024shorts #stocksintranslation #business

Fed rate cuts may not help credit card debt: What to know #shorts

Fed rate cuts may not help credit card debt: What to know Full Video: https://finance.yahoo.com/video/credit-card-debt-fed-rate-165257933.html #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #2024 #2024shorts #fed #federalreserve #family #business #jeromepowell

Mark Smucker on leading a 127-year-old family business #shorts

Mark Smucker on leading a 127-year-old family business Full Episode: https://finance.yahoo.com/video/name-smucker-family-business-good-095510687.html #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #2024 #2024shorts #smuckers #marksmucker #family #business

Lucid unveils new Gravity electric SUV starting at $80K

Lucid unveils new Gravity electric SUV starting at $80K Full Video: https://finance.yahoo.com/video/lucid-unveils-gravity-electric-suv-212233811.html #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #2024 #2024shorts #smuckers #marksmucker #family #business #lucid

How one SCOTUS ruling could impact new bank rules

Federal Reserve official Michael Barr has unveiled new regulatory proposals targeting US banks. The changes would require the country’s biggest banks to boost their capital reserves by an aggregate of 9%. To discuss the implications of these proposals, Catalysts welcomes Chairman of Whalen Global Advisors Chris Whalen. Whalen argues that the focus of this regulatory effort should have been on market risks rather than capital. He points out that since the Supreme Court overturned the “Chevron deference” doctrine, which previously gave regulatory agencies the benefit of the doubt when interpreting ambiguous laws, federal regulators are now more “vulnerable to losing in court” if banks choose to challenge their decisions legally. […]