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Something that hasn’t been done since March 2020 will likely occur next week. The Federal Reserve will issue a cut to its benchmark interest rate, which has been stuck at a range between 5.25% and 5.50% for more than a year. That’s the highest rates have been in more than two decades and borrowers who have applied for mortgages, personal …

Credit card interest rates have been on a steady climb over the past few years, with the average credit card rate now sitting at 22.76%, marking a record high. This upward trend can be attributed to various factors, including the Federal Reserve’s aggressive interest rate hikes aimed at combating inflation, as well as credit card companies’ efforts to offset potential …

Gold has proven to be a smart investment overall this year, with the price of the precious metal rising steadily since the start of 2024. Not only has gold’s price hit several price milestones so far this year, but it has also demonstrated significant growth in value. For example, on January 1, gold was priced at $2,063.73 per ounce. Today, …