Author Archives: FutureShop

The Federal Reserve continues pause on interest rate cuts, expects two cuts later this year

Rates remained unchanged after the Fed meeting.  (iStock) The Federal Reserve just met to discuss the possibility of interest rate cuts. This time around, the Fed decided to extend the rate pause, leaving rates in the 4.25% to 4.5% range. The decision came due to stable economic activity that’s expected to grow in the first […]

Younger Americans are loving ROTH IRAs

A new study reveals that Americans under the age of 40 are contributing more to Roth IRA accounts. More savers are embracing the tax-advantaged accounts, and many will contribute leading up to tax day. Young savers are flocking to Roth IRAs.  They are taking the advice of parents, workplace financial coaches and tax advisers, who […]

45% of Generation X is not confident about their retirement

Ramsey Solutions financial expert George Kamel weighs in on Americans working past retirement age and provides advice for investors. As Generation X continues getting closer to retirement, some have less than rosy views about their retirement prospects, according to a recently released nonprobability-based study from Fidelity Investments.  Fidelity Investments found in the latest edition of its […]

Planning for retirement? What to know about traditional, Roth IRAs

Ramsey Solutions financial expert George Kamel weighs in on Americans working past retirement age and provides advice for investors. Socking away money for retirement is something that’s top of mind for many people. Many Americans save money for their “Golden Years” through workplace retirement plans and individual accounts they set up, with traditional and Roth […]

How buy now, payer later apps could be crushing your credit

‘The Big Money Show’ co-hosts discuss buy now, pay later spending options and the impact it will now have on your credit score. Small, everyday purchases like a meal from DoorDash are now able to be financed through eat now, pay later options — a practice that some experts deem “predatory.” “You’ve got to have […]

March inflation drops to lowest point in more than 3 years

Egg prices keep soaring, but inflation is moving in the right direction. (iStock) Consumer prices fell 0.1% in March, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS). This is the first monthly drop since July 2022. Annual inflation increased 2.4% compared to a 2.8% increase registered in February. […]

Fed holds interest rate steady as it waits to see impact of tariffs

The Federal Reserve held interest rates steady at its Wednesday meeting and did not disclose a timeline for when it will lower them. (iStock) The Federal Reserve is keeping rates steady at its targeted range of 4% to 4.25% and is waiting to see how President Donald Trump’s administration’s tariffs will impact the economy. For […]

Leaving your home to your heirs could cause a headache

‘Mansion Global’ host Katrina Campins discusses the best time to put property on the market on ‘The Claman Countdown.’ Americans have trillions of dollars of wealth locked up in their homes, and passing it on at death can get messy quickly. The typical way of outlining who should get the house in a will can […]