Author: News Room
Stay informed with free updatesSimply sign up to the US inflation myFT Digest — delivered directly to your inbox.The Federal Reserve is set to take a more cautious approach to interest rate cuts on fears that the Trump administration’s policies will stoke higher inflation, according to academic economists polled by the Financial Times. The economists, who were surveyed between December 11 and 13, moved up their forecasts for the federal funds rate next year compared to the previous FT-Chicago Booth poll in September. The vast majority thought it would hover at 3.5 per cent or higher by the end of 2025,…
As consumers patiently wait for mortgage rates to settle, the Century 21 Real Estate CEO is flagging consumers about “positive signs” that are emerging from the real estate market. “On the housing front, I think there are a couple of good, positive signs that are building momentum,” Mike Miedler began. “This decade-long run up in price appreciation, which we’ve seen certainly double-digit price appreciation over the last four years, is starting to settle in a little bit. I think we’ll end the year anywhere from flat to 2% or 3% increase year-over-year,” the CEO explained.BARBARA CORCORAN REVEALS WHAT WILL MAKE REAL…
Many people are surprised and shocked when they learn what happens when retirement account owners neglect simple details about the tax code and their accounts. A review of some recent court cases brings the points home. The newest case involved the 401(k) of the late Jeffrey Rolison, who had worked at Procter & Gamble for more than 30 years and accumulated a 401(k) balance exceeding $754,000. When he enrolled in the 401(k) in 1987, Rolison named as sole beneficiary his live-in girlfriend. They broke up two years later. From 2002-2014, Rolison had a non-marital relationship with a female co-worker and…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe US Treasury has told Nippon Steel that the panel vetting its proposed acquisition of US Steel has not reached consensus on how to mitigate security risks, raising the odds that President Joe Biden will block the $15bn deal.Treasury, which chairs the Committee on Foreign Investment in the US, wrote to Nippon Steel and US Steel on Saturday to explain that the nine agencies on the Cfius panel were struggling to reach agreement ahead of a December 23 deadline to…
This article was written byFollowFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a narrative to financial data. Working with teams that include senior editors, investment strategists, marketing managers, data analysts, and executives, I contribute ideas to help make content relevant, accessible, and measurable. Having expertise in thematic investing, market events, client education, and compelling investment outlooks, I relate to everyday investors in a pithy way. I enjoy analyzing…
If you want to set yourself up for success in retirement, personal finance expert and “The Ramsey Show” co-host Rachel Cruze explains the top rule to help you get on the path to millionaire status. The expert joined FOX Business’ “Mornings with Maria” on Monday and provided advice when it comes to saving for retirement, and explained how one can reap the rewards and benefit from utilizing your job’s 401(k) plan.”What’s so great is that so many 401(k) programs, when your company has a match, to go up to that match and then even use programs like a Roth IRA,…
Charitable giving often isincluded in financial and estate plans, and this is the time of year when there’s an increased focus on giving. But many people don’t optimize the impact of their donations by developing a giving plan. Few people are deliberate and strategic in their charitable activities. Many gifts are one-off events that don’t involve a lot of planning. Others are made routinely or reflexively. A solid giving plan can maximize the benefits derived by both the charitable causes and the donor who’s interested in them. Before we look at the specifics of a giving plan, always keep in…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.TikTok has lost an emergency bid to temporarily halt a fast-approaching deadline under a US “divest or ban” law, leaving the fate of the popular video app owned by China’s ByteDance in the country ever more uncertain.The US Court of Appeals for the District of Columbia Circuit on Friday rejected the emergency motion filed by the platform and its Chinese parent company at the start of the week, requesting the law be stayed from taking effect next month while it asks the…
This article was written byFollowInvesting in high-growth opportunities across industries, employing a value investing approach that prioritizes robust business models and strategic foresight. Focusing on companies with the potential to profoundly influence the global landscape in the years aheadI primarily employ the discounted cash flow (DCF) valuation methodology, although I remain adaptable to various valuation techniques. Additionally, I leverage business model frameworks derived from institutions like Harvard Business School and other renowned universities for in-depth analysis. This approach ensures a comprehensive understanding of a company’s intrinsic value and strategic positioning within its industry landscape, facilitating informed investment decisions with a…
Last month, I was talking with a friend about his Medicare Advantage plan for 2025. He will begin taking a Tier 5 medication in January and wanted to know about the coverage and costs. I found that the drug would be covered and his costs would be capped at $2,000. He would probably meet that cap in January or February and not pay another cent for medications in 2025. Then, we switched gears to check out the medical coverage in his plan. His physicians are in-network and his out-of-pocket costs would be capped at $4,900 in-network. His response, “Diane, I…
