Day: July 9, 2022

Loading the player… Days after the Federal Reserve raised interest rates to slow down the economy and bring down prices for goods and services like food and gas, President Joe Biden on Tuesday assured the American public that the White House is working hard to respond to rising inflation across the country.  “I want every …

How will rising interest rates and inflation impact the wallets of Black Americans? Read More »

WASHINGTON —  The Senate confirmed economist Lisa Cook on Tuesday to serve on the Federal Reserve’s board of governors, making her the first Black woman to do so in the institution’s 108-year history. Her approval was on a narrow, party-line vote of 51 to 50, with Vice President Kamala Harris casting the deciding vote. Senate Republicans …

Senate approves Lisa Cook as first Black woman to join Federal Reserve board Read More »

Financial advisor Eszylfie Taylor says some stars are too hands-off with their own money. Donald Miralle/Getty Images When you buy through our links, Insider may earn an affiliate commission. Learn more. A financial advisor to stars and athletes shares five common money mistakes famous people make. Some stars trust their team so much that they …

5 things athletes and entertainers who lost all their money did wrong, according to a financial advisor who knows Read More »

By Aysia Morton May 20, 2022 / 11:13 AM Financial realities might be a tidal wave when you’re a young adult. You’re given new duties, such as how much money you need to spend, save, or invest. It might be frustrating and difficult to understand. Even searching the internet for financial help can be daunting. …

8 Financial Tips For Young Adults Read More »