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When discussing bank accounts, investments, loans, and mortgages, it is important to understand the concept of interest rates. Interest is the price you pay for the temporary use of someone else’s funds; an interest rate is the percentage of a borrowed amount that is attributable to interest. Whethe...

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Mid-August is the time of year that our kids pack the U-Haul and head to college. And while they’re excited about a brand-new semester, it can be frightening to see the cost – and rising college debt – that comes with the college experience. What can our college students do to ease the price tag?

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The Fed is growing the money supply and that will help the U.S. economy

Since 2015, the Federal Reserve has raised short-term interest rates nine times, including in December 2018, but all that rate-raising came to an end in the summer of 2019.

On Wednesday, July 31st at 2 pm EST, the Fed cut i...

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