Author: iannouncethis.com

Investopedia / Yurle Villegas How can people get rid of their student loan debt and when is loan forgiveness an option? Statistics show how deep in student loan debt U.S. college graduates are and the sums can be alarming to individual borrowers. Fortunately, students may be able to take advantage of income-based repayment plans and forgiveness for public service employees to ease their debt burdens. Key Takeaways Forgiveness is the best kind of student loan debt relief, but programs are limited.Public Service Loan Forgiveness (PSLF) can erase people’s remaining debt after many years of payments based on your employment type.Only…

Read More

#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto To get the latest markets news check out finance.yahoo.com U.S. stocks wavered on Wednesday as Wall Street prepared for an interest rate decision from the Federal Reserve due later in the day. The S&P 500 (^GSPC) added 0.14% during midday trading, while the Dow Jones Industrial Average (^DJI) ticked below the flatline. The technology-heavy Nasdaq Composite (^IXIC) edged up 0.33% at 12:01 pm ET. Federal Reserve officials kicked off a two-day policy meeting on Tuesday morning that is widely expected to end with another quarter-point interest…

Read More

Large stack of money saving coupons.getty Does the name William Bengen ring a bell? If not, don’t worry. Many people haven’t heard of him. But he’s likely to have a major influence on your financial situation (if he hasn’t already). Bengen is the (now retired) financial advisor who came up with the so-called “4% rule,” which is seductive due to its simplicity: it says you can safely withdraw up to 4% of your assets in retirement without having to worry about running out of money. Obviously, such a vague rule has critics, with most of them suggesting 4% is too…

Read More

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Ryan Rugg, the head of digital assets for Citibank’s TTS business, discusses blockchain technology and tokenization from Digital Assets Week in San Fransisco. Chapters: 00:00 – CNBC Crypto World, May 4, 2023 0:22 – Bitcoin rises 0:437 – The headlines 3:02- Ryan Rugg of Citi For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  »…

Read More

What happens when the run-up peters outgetty Ever wonder why there have been so many October sell-offs? There are two reasons: First, economists focus on the economy’s behavior over time, seasonally adjusting everything that has an annual cycle. That means higher growth periods get trimmed and lower growth periods get a boost. Second, investors get whipsawed when companies report 3rd quarter financial results (that are not seasonally adjusted). The 2nd quarter earnings reports looked better than the economy results indicated, and now the 3rd quarter earnings will look worse. And those 3rd quarter earnings reports begin in October. How significant…

Read More

Coinbase’s Head of Research, David Duong, has shared his insights on the recent market movements in traditional finance and crypto.  He believes that current macro conditions suggest a temporary pause in the recent strong USD trend, which should support the crypto market.  Key Crypto & Finance Movements Duong notes that the recent carry trades upset by the Bank of Japan’s decision to raise the hard cap on its 10-year bond yield have created instability across different pockets of the FX market.  Meanwhile, the surprise decision by Brazil’s central bank to cut its benchmark SELIC rate by 50bps (compared to expectations…

Read More

Industry commentators like estate agency Jack-Stops reckons this latest hike in the Bank of England base rate could be the last for some time – something that would be a relief to many. This is because the inflation rate is starting to come down, as it stood at 7.9% in June, below economists’ expectations of 8.2%. Yesterday’s rate hike was the Bank’s 14th in a row. Nick Leeming, chairman of Jackson-Stops, said: “Today offers a very different picture to December 2021, when the base rate sat at 0.1%. But green shoots are growing by the day. Inflation is now falling,…

Read More

Meera Pandit, J.P. Morgan Asset Management, joins ‘Closing Bell’ to discuss recession risks and rate cuts impact on the economy and markets. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter:…

Read More

Close-up of a Calculator and Pen on a Financial Newspaper. Blue-toned.getty With an ever-growing list of similar-sounding mutual funds to choose from, finding the best is an increasingly difficult task. How can investors change the game to shift the odds in their favor? Don’t Trust Mutual Fund Labels There are at least 156 different Real Estate mutual funds and at least 596 mutual funds across eleven sectors. Do investors need 54+ choices on average per sector? How different can the mutual funds be? Those 156 Real Estate mutual funds are very different from each other. With anywhere from 22 to…

Read More

If history is any indication, we can expect Litecoin to drop in value following the August 2 halving. After the two previous Litecoin halvings, LTC’s price dropped in the first month after each event. In addition, the logarithmic prediction for Litecoin expects the same story to repeat this year, with LTC dropping to $71.33 by September. While past performance is not necessarily an indication of future activity, the markets often move in cycles. Major pre-programmed events like Bitcoin halvings, Litecoin halvings, and other major updates to the supply of cryptocurrencies are especially impactful when it comes to the prices of…

Read More