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Giving new babies a savings account can help curb wealth gaps and make college feasible. One Democrat wants to make it federal law.

Wed, 01/31/2024 - 06:01

Tech Insider : Economy, Politics, Economy

Bob Casey — Bob Casey.
Alex Wong/Getty Images

economy, politics, economy, Policy, baby-bonds, savings-account, savings-accounts

The Biden administration wants to save Americans $3.5 billion a year by making sure banks aren't profiting too much off of overdraft fees

Wed, 01/17/2024 - 05:01

Tech Insider : Economy, Politics, Economy

Rohit Chopra — Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on June 13, 2023. The committee held a hearing "The Consumer Financial Protection Bureau's Semi-Annual Report to Congress.
Michael A. McCoy/Getty Images

economy, politics, economy, Policy, biden-administration, overdraft-fees, overdrafts

A bigger tax break for parents and companies is getting closer to becoming a reality

Wed, 01/10/2024 - 11:45

Tech Insider : Economy, Politics, Economy

ron wyden — Sen. Ron Wyden of Oregon in May 2017.
Joshua Roberts/Reuters

economy, politics, economy, Policy, child-tax-credit, child-tax-credits, child-tax-credit-expansion

A top Fed official warns markets have gotten ahead of themselves in their enthusiasm for rate cuts in 2024

Mon, 12/18/2023 - 13:02

Tech Insider : Economy

loretta mester — Cleveland Fed President Loretta Mester
Rob Kim

economy, Markets, Markets, mester, federal-reserve, interest-rates, rate-cuts

What interest-rate cuts in 2024 could mean for you

Thu, 12/14/2023 - 06:06

Tech Insider : Economy, Economy, Politics

Fed Chair Jerome Powell — US Federal Reserve Board Chairman Jerome Powell speaks at a news conference at the headquarters of the Federal Reserve on December 13, 2023 in Washington, DC.
Win McNamee/Getty Images

economy, Markets, economy, politics, Policy, federal-reserve, interest-rates

The Fed signals 3 interest rate cuts for next year

Wed, 12/13/2023 - 14:00

Tech Insider : Economy, Economy, Politics

Fed Chair Jerome Powell — Federal Reserve Board Chairman Jerome Powell.
Kevin Dietsch/Getty Images

economy, Markets, economy, politics, Policy, federal-reserve, jerome-powell

Today's parents have to pay $3.4 million to fund the American Dream for themselves and their kids

Fri, 12/08/2023 - 06:04

Tech Insider : Economy, Politics, Economy

Parent with two kids — Rebecca Nelson/GettyImages

economy, politics, economy, Policy, american-dream, Childcare, Housing

Warren Buffett reportedly traded millions of dollars worth of stocks that Berkshire Hathaway was buying and selling

Thu, 11/09/2023 - 12:29

Tech Insider

warren buffett — Warren Buffett sold stocks that Berkshire was also trading, a ProPublica report said Thursday.
REUTERS/Rebecca Cook

Markets, mi-exclusive, Markets, warren-buffett, ProPublica, berkshire-hathaway, Trading

About 3.5 million more American families went hungry after food prices spiked and the pandemic-era child tax credit ended

Wed, 11/01/2023 - 06:01

Tech Insider : Economy, Politics, Economy

Volunteers and staff serve food to people — Volunteers and staff serve food to people in New York on May 6, 2023.
Selcuk Acar/Anadolu Agency via Getty Images

economy, politics, economy, Food, Hunger, food-insecurity, child-tax-credit

All billionaires should pay a 2% global minimum tax, a research report backed by a Nobel Prize-winning economist says

Tue, 10/24/2023 - 09:46

Tech Insider : Economy

businessman traveling in corporate jet — Billionaires should have to pay at least a 2% wealth tax, the EU Tax Observatory says.
Cavan Images/Getty Images

economy, wealth-tax, Wealth, money, net-worth, Billionaires, trending-uk

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