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Trump Slams Fed for Being “Slow to Act”

(Business Insider) President Donald Trump lashed out at the Federal Reserve early Monday as concerns about the economic impact of the coronavirus mounted, arguing that...

Fed Chairman Pledges to “Use Our Tools” as Trump Urges Quick...

(Associated Press) Federal Reserve Chairman Jerome Powell sought to calm fears Friday over the viral outbreak by issuing a rare statement of reassurance...

Wall Street Awaits Fed Rescue as Markets Swing Wildly on Pandemic...

Stocks, Oil, Bond Yields Plummet (Associated Press) Stocks took an early nosedive on Wall Street Thursday before recovering much of the ground they lost as...

Fed Officials Downplay Virus…Even as Markets Now Expect Rate Cuts

(Associated Press) When Wall Street expects the Federal Reserve to cut interest rates, should that influence the Fed's decisions? Two Fed officials diverged on that...

Negative Interest Rates Turn Saving, Borrowing Upside Down

(Associated Press) Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it's the bank, not...

Is Chasing the Highest Savings Rate Worth It?

(Associated Press) Last year, Peter Hsiao learned about high-yield savings accounts from his friend, and within a week, he had opened one. His rate...

Mortgage Rates Fall to 3-month Lows

(Associated Press) U.S. long-term mortgage rates fell this week to their lowest level in three months, deepening the incentive for prospective homebuyers although they...

After Ebullient 2019, Wall Street Warns of Slower Road Ahead

(Associated Press) After a year of nirvana, investors may need to get ready for something a little more normal. Markets are coming off a fabulous...

Sweden May Have Just Pricked the Negative Interest Rate Bubble as...

(Money Metals Exchange) Precious metals have played second fiddle to the stock market this fall. Perhaps the winter solstice, which arrives on Saturday, will...

The High-Yield Savings Account You Never Hear About

(Associated Press/NerdWallet) The average interest rate for traditional savings accounts today hovers around 0.09% — but consumers can earn 10 to 20 times more...