Monthly wealth stream

4 Reasons The Fed Isn’t Cutting Interest Rates monthlywealthstream

Key Takeaways Federal Reserve Chair Jerome Powell spent much of a press conference Wednesday afternoon explaining why the Fed hasn’t cut interest rates despite cool inflation in recent months. Fed critics, including President Donald Trump, have said it’s past time for the central bank to lower borrowing costs and boost the economy. Powell said uncertainty […]

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Fed’s Latest Economic Projections Hint at Stagflation Concerns monthlywealthstream

The Federal Reserve officials stuck to their interest rate expectations this week, but shifted their economic outlook in their latest economic projections. The Federal Reserve Open Markets Committee’s economic projections showed that the central bank is likely to cut interest rates two more times, or half a percentage point, throughout the rest of the year.

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Billionaire Stanley Druckenmiller Made a Huge Mistake With Nvidia monthlywealthstream

Stanley Druckenmiller has shown he’s a firm believer in the future of artificial intelligence (AI), as he’s invested in several companies leading in this industry. Certain AI companies remain in his portfolio — like Amazon — but he’s recently exited others. He sold two of 2024’s biggest AI winners, Nvidia (NVDA 0.87%) and Palantir Technologies.

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Coinbase Stock Surges, Credit-Card Shares Retreat monthlywealthstream

Key Takeaways The S&P 500 ended Wednesday with a loss of less than 0.1% on Wednesday, June 18, 2025, as the Fed held interest rates steady and updated its economic forecasts. Coinbase shares pushed higher a day after the Senate passed a bill providing a framework for stablecoin issuers. The potential disruption to the payment

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How Much Does It Cost to Replace a Garbage Disposal in 2025? monthlywealthstream

The cost to replace a garbage disposal is about $550 on average, but the price can range from around $200 to $625, according to home services website Angi. Your total cost will include the price of the garbage disposal and labor for installation. Factors that affect the overall cost of garbage disposal installation include the

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You Might Have to Work from the Office Again—But Hey, They Might Let You Wear Jeans monthlywealthstream

Key Takeaways Sales of jeans may grow as more employers institute return-to-office mandates because workplace dressing norms have grown more casual, UBS said. The rush to buy pants that nod to the American West is fueling demand for denim thanks in part to Beyonce’s country music album, analysts said. Kontoor Brands, American Eagle Outfitters and

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Investors Are Selling Homes to Cut Their Losses monthlywealthstream

Key Takeaways Investors made up nearly 11% of home sellers in 2024, the highest share ever measured. The rising share of sales by investors comes as rental prices have fallen for 21 consecutive months and home prices have leveled off. The typical investor paid around $70,000 below the median home sale price as they sought

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Fed Says ‘Not Yet’ to Rate Cut, Mortgage Rates Dangle Below 7% monthlywealthstream

Mortgage interest rates dipped this week and the Federal Reserve left short-term rates alone, while opening the door to cut them in the fall. The average interest rate on the 30-year fixed-rate mortgage fell eight basis points to 6.86% in the week ending June 18, according to rates provided to NerdWallet by Zillow. A basis

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The Best Dividend-Paying Gold Stock to Invest $10,000 In Right Now monthlywealthstream

Gold is seen by some as a safe-haven investment in times of economic and political uncertainty. For those looking to buy it, there are multiple ways to own gold, from simply buying bullion (gold coins or bars) to investing in precious metal mining companies. If you are thinking about investing in gold now (or anytime),

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