Archive List for News

2 ways rate cuts will impact your finances

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yahoo finance

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

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yahoo finance

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 […]

More than 40 reported killed as Helene causes wide destruction and flooding

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CNBC

More than 40 people were reported killed in several states as Hurricane Helene caused widespread destruction and flooding. The flooding emergency continued as Helene moved north from Florida as a tropical storm. Numerous water rescues were reported. NBC News’ Tom Llamas reports. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism […]

Nightly News Full Broadcast – Sept. 26

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CNBC

Helene blasts Florida with destructive winds, torrential rains and storm surge; Helene brings heavy rain and winds to Georgia; New York mayor charged with bribery, wire fraud in sweeping corruption indictment; and more on tonight’s broadcast. 00:00 Intro 01:23 Hurricane Helene strengthens to Category 4 06:58 NYC Mayor Eric Adams indicted for corruption 10:15 Netanyahu vows ‘full force’ against Hezbollah 11:51 Harris meets with Ukrainian president Zelenskyy 14:15 Homes collapse into sea in North Carolina 16:13 Border wall battle and the 2024 race 19:05 Baby pygmy hippo becomes worldwide internet sensation » Subscribe to NBC News: https://www.youtube.com/user/NBCNews NBC News Digital is a collection of innovative and powerful news brands that […]

Hurricane Helene becomes powerful Category 4 storm before landfall

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CNBC

Hurricane Helene brought destructive winds, torrential rains and the possibility of a catastrophic storm surge to the Gulf Coast and Panhandle of Florida. Officials said most people were complying with evacuation orders. The effects of the storm will be felt as well in Georgia and South Carolina. NBC News’ Tom Llamas reports from near Tallahassee. Beyond Florida, Hurricane Helene was causing problems in Georgia, with Atlanta expected to see a foot of rain and destructive winds. NBC News’ Priya Sridhar reports from Atlanta. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, […]

Top takeaways from VP Harris’s economic agenda #shorts

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yahoo finance

China, manufacturing, and permitting are keys to VP Harris’s economic agenda #shorts #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #china #chinanews #kamalaharris #harris #politics #politicalnews #manufacturing #2024elections #2024election #vp #vicepresident #economy #economics

Nightly News Full Broadcast – Sept. 25

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CNBC

Hurricane Helene bears down on Florida with potential for big storm surge and tornadoes; Six injured in explosion at California courthouse; Israeli army tells troops to prepare for ground assault in Lebanon; and more on tonight’s broadcast. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite […]

Passenger killed when gunman hijacks city bus in Los Angeles

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CNBC

A gunman hijacked a city bus in Los Angeles early Wednesday, and one passengers was shot and killed, authorities said. The driver hit a panic button and a suspect was arrested after police forced the bus to halt. NBC News’ Steve Patterson reports. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original […]

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

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yahoo finance

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 […]

An urgent manhunt is underway in Birmingham, Alabama after gunman killed 4 people

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CNBC

Police are calling an overnight shooting in Birmingham, Alabama a possible “murder-for-hire” plot. Gunmen shot and killed 4 people and injured 17 others. There’s a manhunt underway for multiple suspects. NBC News’ Priya Sridhar reports. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News […]