The Daily Editor

SIOUX FALLS, S.D. (KELO) – It’s been one week since the Federal Reserve increased its benchmark interest rate for the first time in three years. The goal of that increase is to slow down spending and help control inflation.

In this week’s Your Money Matters More, we’re sitting down with a commercial real estate broker in Sioux Falls to better understand interest rates and how they impact real estate.

 » Read more about: Your Money Matters More: Interest rates  »

Revised September 2026

Currently, more and more people are voicing similar anxieties.
No one can accurately predict how interest rates will move in the future.

 » Read more about: The claim that 'variable interest rates will definitely rise' was correct—yet why it should not be used as a basis  »

In the United States Congress, a Republican senator has emerged as a leading voice calling for the cap on wages subject to Social Security payroll tax to be lifted.

Senator Bernie Moreno of Ohio has teamed up with Elizabeth Warren, a Senate Democrat from Massachusetts, in a bipartisan effort to secure the future of the U.S.’s Social Security program.

 » Read more about: Not just Democrats: The surprising Republican support for ending the Social Security tax cap  »

 » Read more about: October Fed Rate Hike Odds Jump To Nearly 70% As Fed's Barr Says More Tightening Is 'Likely'  »

Key Points

• Compared to earlier this decade and before, Tesla’s revenue growth has slowed in the face of higher competition and macroeconomic pressure.

• The business has a strong industry position thanks to its premium brand and scaled manufacturing capabilities.

• Investors should realize that the valuation represents enormous success for Robotaxi and Optimus in the future.

 » Read more about: 3 Things You Need to Know Before Buying Tesla  »

I don’t want to become an expert in investing.

I don’t want to look at charts every day, nor do I want to keep reading financial statements to find the ‘next big stock’.
Of course, if that’s your hobby, I think that’s great. But for me, that wasn’t the purpose of starting to invest.

 » Read more about: It's a waste to spend too much time on investing. Why I decided not to make investing a hobby  »

Social Security’s financial window is closing faster than most Americans realize, and one little-discussed ratio explains exactly why a 22% benefit cut may be unavoidable unless Congress acts soon.

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 » Read more about: This Single Statistic Proves Social Security Is Running Out of Money Faster Than Planned  »

Over the past several decades, the S&P 500 (^GSPC -0.75%) index has been one of the greatest wealth generation machines in history. Even more impressive is its simplicity — invest in 500 of the largest companies in the United States and readjust periodically. No stock picking.

 » Read more about: The S&P 500 has returned around 10% annually  »

Federal Reserve Governor Michael Barr said Wednesday the central bank will “likely” raise interest rates again to counter persistent inflation, after it did so last week for the first time in three-plus years.

Barr, a member of the rate-setting Federal Open Market Committee (FOMC),

 » Read more about: Fed’s Barr says future interest rate hikes ‘likely’ needed to tame inflation  »

For a busy morning, start with a quick overview using the slide list 📚

Details for each news item are as follows 👇

1. [Interest Rates] Rush to buy homes due to rising interest rates; variable rates of 2% now in sight

On September 23,

 » Read more about: [9/24 (Thu)] Rush to buy homes due to rising interest rates, rice ball shops double in 5 years | 10 Quick News Bites  »