federal reserve interest rate

Welcome to the 76th edition of Money Hacks Carnival. In this edition, I’ll be presenting some interesting and fun facts about money along with the submissions. For editor’s picks, please look for entries noted with (EP).

Money Fact #1: $1 bills wear out in about 17 months. Bills of larger denomination last longer because they are [...]

As a new parent, I am sure you’re painfully aware of how expensive college is, and will be.  You may wonder how in the world are you going to save that huge sum needed for your child’s college education. This article is design to help you walk through each step — e.g., getting your finances [...]

September was a good month for the stock market. The S&P 500 index rose +3.58% from 1,473.99 to 1,526.75 — thanks to the boost from Federal Reserve interest rate cut by half a point on the 18th. However, consider that the U.S. Dollar lost about -2.26% against the global currencies [1], most Americans are actually [...]

Last week the Federal Reserve cut interest rate by half a point. This reduction in its target short-term rate is the first cut in that benchmark since 2003. Let’s see what bloggers are saying about this:
Money and Such, How to Play the Fed Rate Cut (editor’s pick)
This is a very informative post that explain how [...]