Why the Fed Might Raise Interest Rates When Borrowing Costs Are Surging
Elevated interest rates have raised the cost of mortgages and car loans without dampening consumer spending.
New York Times
How the Fed’s move affects your finances.
The Federal Reserve is widely expected to increase its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher.
Bessent Defends Faltering Bond Market Intervention
Testifying before Congress, the Treasury secretary said that he supported giving Americans $5,000 dividends if Republicans win in November.
Poverty Rate Was Stable Before Trump’s Safety Net Cuts Gained Force
Median household income rose to a record $87,460 in 2025, according to annual Census Bureau data on the financial well-being of Americans.
Want to Entice New Residents? Offer Cash, for a Start.
Relocation incentives have a mixed record of helping cities and towns stand out as people return to rural America.
Elevated Inflation Keeps Pressure on Fed to Raise Rates
The odds of a quarter-point rate increase at the Federal Reserve’s meeting next week surged to 90 percent after August’s Consumer Price Index report.
AARP Projects 2027 Social Security COLA at 3.6%
If the AARP’s projection holds, the cost-of-living adjustment would be the largest since 2023.
Here’s what to know about the report.
The Consumer Price Index report for August is playing an outsize role in the Federal Reserve’s policy decision next week.
Trump’s Trade War With Canada Is Making Even Sprinkle Makers Nervous
President Trump’s levies on a long, eclectic list of products from Canada have companies scrambling to figure out if their supply chains are affected.
Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs
The 10-year yield rose to its highest level in three years, suggesting investors were underwhelmed by the details of a move to buy back government bonds.
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