What a Fed Interest-Rate Pause Means for Your Money

What a Fed Interest-Rate Pause Means for Your Money

With stocks back in a bull market and inflation cooled, the Fed is expected to pause on raising interest rates. But remember, borrowing costs remain high after a year of Fed rate increases made it more expensive to borrow money to buy a home or a car. More recently,...
Why is OPEC Cutting Oil Output?

Why is OPEC Cutting Oil Output?

Here are the main reasons why OPEC+ is cutting output: CONCERNS ABOUT WEAK GLOBAL DEMAND Saudi Arabia has said voluntary output cuts of 1.66 million bpd on top of the existing 2 million bpd cuts were made as a precautionary measure aimed at supporting market...