WASHINGTON (AP) — President Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say.
The economy is growing steadily despite being hit with repeated shocks — and may even be accelerating — while inflation remains stubbornly high.
WASHINGTON (AP) — President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say.
The economy is growing steadily despite being hit with repeated shocks — and may even be accelerating — while inflation remains stubbornly high.
Right now, the housing loan community on X is in an uproar over the term ‘Short Prime Rate’.
There are several triggers. One is that Mitsubishi UFJ Bank announced a change to its short-term prime rate (short prime) at the same time it raised interest rates on ordinary deposits. Another is that some online banks raised their base rates,
Earlier this week, Berkshire Hathaway announced that Warren Buffett has stepped down as chairman and become chairman emeritus, with his son Howard Buffett appointed non-executive chairman while Greg Abel continues as CEO and Susan Decker remains lead independent director.
This move completes Berkshire’s long-telegraphed succession plan,
Manufacturers are hiring experienced workers at a pace not seen in years while simultaneously funding the robots designed to replace them, and a 63-year-old stepping back onto the factory floor may find his Social Security vanishing just when he thought…
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The past few years have been fantastic for investors willing to hold artificial intelligence stocks through their inherent volatility.
Since the end of 2022 (shortly after the launch of ChatGPT sparked an AI arms race of sorts), the so-called “Magnificent Seven” stocks like Nvidia and Alphabet have gained an average of nearly 250%,
For investors watching the markets over the past year, geopolitics have been front and center.
In April 2025, President Trump announced a sweeping set of tariffs that set off a redefinition of global trade relations. In February 2026, the US and Israel launched the war in Iran,
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I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth.
For a majority of the nearly 55 million retired workers bringing home a monthly Social Security benefit, this income isn’t a luxury — it’s a necessity. A quarter-century of annual Gallup surveys shows that 80% to 90% of retirees consistently rely on their Social Security income, in some capacity, to make ends meet.
For retirees,
While an Nvidia (NVDA +1.34%) stock split in 2026 isn’t impossible, I think it’s highly unlikely. The company last completed a stock split in 2024, when its share price stood at roughly $1,200. After the 10-for-1 split, the company’s stock traded at roughly $120 per share.
