Is Investing in CDs Beneficial in 2023?
At its last policy meeting in July, the Federal Reserve raised the target for the federal funds rate, a key overnight bank lending rate, to a range of 5.25% to 5.50%. It was the 11th rate hike since March 2022 as part of the central bank’s campaign to reduce inflation Continue Reading
The forthcoming increase in the cost of riding the NYC subway
The New York City commute is about to get marginally more expensive, as the Metropolitan Transportation Authority (MTA) is raising the price of a subway ride for the first time since 2015. An individual subway or bus swipe is increasing by a little over 5%, from $2.75 to $2.90, according Continue Reading
Tips for Becoming a Disrupter
During a memorable conversation with a mentor whom I deeply respected, an experienced male financial advisor, a cascade of emotions overwhelmed me. The sheer excitement was bubbling up inside me as I excitedly discussed my intention to shift gears in my financial planning practice and concentrate on serving women. Unfortunately, Continue Reading
Certain Subscriptions to Face a Price Increase on Disney Plus This Fall
In an update from the Walt Disney Company’s third-quarter earnings report, it was revealed that Disney Plus would be raising its prices. Starting from October 12th, the ad-free Disney Plus plan will cost $13.99 per month, an increase from the previous $10.99. However, the Disney Plus plan with ads will Continue Reading
Travel Makes a Triumphant Return: Latest Report Unveils Unprecedented Tourism Recovery
The travel industry worldwide suffered a severe blow due to the pandemic and its aftermath. Initially, the huge drop in demand forced cruise lines, airlines, hotel groups, and other travel-dependent companies to lay off numerous employees. However, as health risks subsided, there was a sudden surge in demand, catching many Continue Reading
Tips for Saving Money on Streaming Services and Discovering Streaming Deals
It comes as no shock that individuals are eager to uncover ways to cut costs on streaming services. The prices of leading streaming platforms have noticeably increased in recent times, with a surge of new companies entering the market. What’s worse, the prevalence of streaming has diminished the availability of Continue Reading
Experts’ Statements on Inflation in the July CPI Report
In an unexpected twist, July saw a surge in headline inflation, marking the first acceleration in over a year due to a peculiar trend in year-over-year comparisons. However, a closer analysis of the underlying data reveals that the momentum of price increases is actually slowing down. This insight was revealed Continue Reading
Identifying the Goods and Services Fueling Inflation: Understanding the Cause of Rising Prices
Despite inflation gradually decreasing, consumers are still feeling the financial strain of rising prices. This ongoing challenge continues to impact their budgets significantly. The goodish news on inflation is that the Consumer Price Index for July rose “only” 3.2% year-over-year, according to the Bureau of Labor Statistics. That was higher Continue Reading
Disney Plus’ Ad-supported Streaming Service Continues to Offer Great Value
The Walt Disney Co. is raising prices for its Disney Plus bundles, but there is still a cost-effective option available for members who are willing to tolerate ads. Disney recently announced that the price of its ad-free bundles will increase, but the basic plan with ads will remain unchanged at Continue Reading
Should You Invest in CDs in 2023?
At its last policy meeting in July, the Federal Reserve raised the target for the federal funds rate, a key overnight bank lending rate, to a range of 5.25% to 5.50%. It was the 11th rate hike since March 2022 as part of the central bank’s campaign to reduce inflation Continue Reading