In response to an aging American population, a bipartisan retirement measure passing through Congress looks to assist Americans nearing retirement in the next decade. The measure, titled Secure Act 2.0, builds upon previous […]
Average gasoline prices have officially reached an 18-month low after extraordinary prices in 2022. The average price per gallon of regular gasoline across the U.S. stood at $3.09 at the end of 2022, […]
Global equity and fixed-income markets navigated through a volatile environment as 2022 unfolded to be a challenging year. The Russian invasion of Ukraine, rising interest rates, inflationary pressures, and a slowing economy all […]
(all values as of 12.30.2022) Stock Indexes: Dow Jones 33,147 S&P 500 3,839 Nasdaq 10,466 Bond Sector Yields: 2 Yr Treasury 4.41% 10 Yr Treasury 3.88% 10 Yr Municipal 2.59% High Yield 8.87% […]
In 1804, the world’s population reached 1 billion people. In 1927, over a century later, it reached 2 billion. Now, just 11 years after it passed 7 billion, the world’s population officially surpassed […]
In September 2022, the unemployment rate hit 3.5%, its lowest point since the start of the pandemic. However, new Fed forecasts predict the unemployment rate to rise to 4.4%, which is too low […]
With the new year approaching, the Fed is expected by many analysts to begin slowing its rate hike trajectory. Currently, the Fed Funds Rate range is 3.75% to 4.00%, up dramatically from its […]
The Organization of the Petroleum Exporting Countries (OPEC) is a group of nations that are the world’s major oil producers, producing more than half of the world’s crude oil. OPEC recently announced its […]
The Federal Reserve has posted its first operating loss since 2011, marking a stark turn in the central bank’s history since the 2008 financial crisis. Additionally, these negative earnings may put more pressure […]
Mortgage rates eclipsed 7% in late October 2022, their highest in over 20 years. This has discouraged countless potential buyers from purchasing a home and instead resorting to renting or staying where they […]