The Federal Reserve raised its short-term benchmark rate by one quarter of a percentage point on Wednesday. This widely expected decision increases the federal-funds rate to between 0.25% and 0.50%.
You'll feel the impact of rising rates on an individual level and on a household level. When interest rates go up or down, the resulting changes in other rates impact the way we borrow money, but also how we save money.
Frustrated house hunters, for ...

The Fed faces a more complicated situation than ever, with geopolitical risks driving the prices of several commodities to record highs and inflation rising sharply.
On the other hand, surging commodity prices hamper the global recovery and could lead to a faster and more painful downturn. What exactly will the Fed do?
In Goldman's view, however murky the risk events, the Fed's stated direction will remain intact.
Accordin...

The new year has ushered in fresh tensions and volatility in global markets, largely due to the rapidly changing response to inflation by central banks. With inflationary pressures continuing to mount in 2021, central banks have tightened policy sharply. In just a few weeks, all major central banks have made policy adjustments to the outside world.
Inflation is no longer a fleeting phenomenon, but a definite risk that countries need to grapple...

When you invest in a stock, you are purchasing a share of one company. A mutual fund offers more diversification by bundling many company stocks into one investment.
The Basics of Mutual Funds
Mutual funds pool money together from a group of investors and invest that capital into different securities such as stocks, bonds, money market account, and others. Funds have different investment objectives, to which their portfolios are tailored. Money man...