Category Archives: Credit Info

ETFs or mutual funds? How to choose in today’s market

BD8 Capital Partners CIO Barbara Doran discusses the market’s rebound and retail investor re-entry on ‘Making Money.’ As more Americans take a hands-on approach to their finances, many are weighing whether to invest in exchange-traded funds (ETFs) or mutual funds. Both offer a simple way to build a diversified portfolio of stocks or bonds, and […]

Tax-efficient Diversification Techniques | Fox Business

Investors are increasingly focused on not just how they invest their money but also how they can optimize their after-tax investment outcomes. Allspring Global Investments is dedicated to helping investors navigate the evolving tax and estate planning landscapes. Concentrated stock positions can create unwanted risk in investors’ portfolios. Despite the risk, a combination of factors—including […]

Jobs market may determine if credit scores continue declining in 2026

Micah Abigail LLC founder and @fitcreditdoctor Micah Smith speaks to Fox News Digital about why she’s largely against the implementation of a 50-year mortgage rate. A strong credit score can be the key to major financial purchases and affordable loans, but some states saw notable declines that created a “perfect storm” for Americans’ wallets, according […]

AI financial advisers may soon outperform humans in wealth management decisions

Fox News anchor Bret Baier explores how the technology is changing how the world operates on ‘Special Report.’ For decades, Americans were given the same advice about money: Find a good financial adviser. Trust the person, not just the process. That model worked when markets were simpler, tax laws changed more slowly, statements arrived quarterly […]

Fed hits pause on interest rate cuts for now

Fed holds on further interest rate cuts. (iStock) Interest rates will stay higher for longer as the Federal Reserve pauses further interest rate cuts to give inflation room to drop closer to its 2% target rate.   The Federal Reserve held interest rates at 4.5% to 4.75%, prompted by strong economic indicators that gave the central […]

Verizon clears $10M in debt for North Carolina residents impacted by Hurricane Helene

Check out what’s clicking on FoxBusiness.com. Verizon is teaming up with ForgiveCo to clear $10 million in consumer debt for more than 6,500 North Carolinians impacted by Hurricane Helene. The communications company said the debt relief campaign is aimed at assisting with the ongoing recovery following the September 2024 storm. ForgiveCo’s “random acts of kindness” […]

January inflation gives Fed more reason to hold on interest rate cuts

Egg prices soared by more than 15% in January. (iStock) Annual inflation increased to 3% in January, rising above expectations and giving the Federal Reserve further reason to slow down interest rate cuts. Inflation increased 0.5% monthly, slightly exceeding expectations and above the previous month’s increase of 0.4%, according to the Consumer Price Index (CPI) […]

Will you get a tax refund this year? Experts have ideas on how to use the money

Check out what’s clicking on FoxBusiness.com. The Internal Revenue Service has doled out millions of tax refunds amid the ongoing 2025 tax filing season.  More than 8 million tax refunds have gone out during the 2025 season as of Feb. 7 and, according to the IRS, those refunds have averaged $2,065 each.  When taxpayers receive […]

401(k) balances hit second highest on record: Fidelity

Ramsey Solutions financial expert George Kamel weighs in on Americans working past retirement age and provides advice for investors. Balances for 401(k) retirement accounts hit the “second-highest average on record” in the final quarter of 2024, according to new data from Fidelity Investments.  The financial services company found in its newly-released fourth-quarter retirement analysis that […]

Mortgage rates hit a two-month low this week, remain under 7%

Mortgage rates continued to trend down.  (iStock) There’s good news for potential homebuyers: mortgage rates continued to trend down this week. In January, rates hit 7.04%, the highest level since last May. This week, however, 30-year rates dropped to 6.76% for fixed-rate mortgages, according to Freddie Mac. “This week, mortgage rates decreased to their lowest […]