Financial News for the Week of April 15th, 2022
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Overall inflation as measured by the CPI accelerated to 8.5% year-over-year (y/y) in March, marking yet another multi-decade high. Core inflation, which excludes food and energy, ticked up a tenth of a…
Financial News for the Week of April 8th, 2022
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The first full week of the second quarter was sparse on economic data. The service sector showed signs of modest acceleration, while vehicle sales declined for the second consecutive month in March. The…
Financial News for the Week of April 1st, 2022
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Another solid jobs report showed that the U.S. economy added 431k jobs in March. Wage growth picked up and the unemployment rate fell 0.2 percentage points to 3.6%. President Biden presented a $5.8 trillion…
Financial News for the Week of March 25th, 2022
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK In a carefully crafted speech this week in D.C., Fed Chair Powell reaffirmed the Fed’s keenness for a more aggressive removal of monetary stimulus in order to restore price stability. Powell highlighted the…
Financial News for the Week of March 18th, 2022
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The U.S. Federal Reserve raised interest rates for the first time since 2018, and signaled it is prepared to raise rates substantially in order to contain inflation. Oil prices were down this week as renewed…
Financial News for the Week of March 11th, 2022
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK It was another volatile week across global financial markets as the recent surge in commodity prices stoked fears of an inflationary spiral. Sentiment improved through the latter half of the week, allowing…
Financial News for the Week of March 4th, 2022
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The labor market added 678k jobs in February, and the unemployment rate fell to 3.8% - the lowest reading since the pandemic began. Early indicators suggest that manufacturing and services sectors were out of…
Financial News for the Week of February 25th, 2022
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The Russian invasion of Ukraine shook markets this week with the S&P 500 entering correction territory before making gains Friday. Given Russia’s role as a key global energy producer, market concerns about…
Financial News for the Week of February 18th, 2022
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Inflation concerns and rising geopolitical tensions took a toll on equity markets this week. Regarding inflation and monetary policy, minutes from the January FOMC meeting indicate that most participants…
The Best Ways for Couples To Manage Finances
The Best Ways for Couples to Manage Finances We asked financial experts—and readers—how they handle money in their own relationships. There are valuable lessons here for everybody. Money can be one of the most contentious aspects of a relationship…