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On Wednesday, September 18, 2024, the Federal Reserve (the United States Central Bank) Chairman Jerome Powell lowered The Federal Funds Rate. The finance world was anticipating the action of the Federal Reserve but was surprised by the size of the cut. Chairman Powell announced a half of a percentage rate reduction of the federal funds rate but, what is the…

Merry Christmas and a happy new year! Yes, Christmas was almost three months ago, and we are entering the second week of March 2024, but it is still the new year. By now, “80 percent of people abandon their New Year’s resolution by Feb. 1,” according to a study done by Forbes reported by an article in the Houston Chronicle,…