How to maximize your income now that Federal Reserve has cut rates

Now that the Federal Reserve has started cutting rates again, investors may be on the hunt for new sources of income. The central bank lowered the federal funds borrowing rate by 25 basis points — or 0.25 percentage point — on Wednesday. As that rate decreases, yields on short-term assets like money market funds and […]

Fed may make its first rate cut of 2025: How to benefit

The Federal Reserve is widely expected to lower its benchmark rate when it meets this week, despite the latest hotter-than-expected inflation data. The market is now pricing in a 96% chance of a 25 basis-point rate cut this month, according to the CME Fedwatch tool. “The betting is currently that the Fed will embark on rate cutting, […]

How to trade an improving outlook for bank stocks going forward

(This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Traders are keeping an eye on financials as the sector’s backdrop improves. Investors are also awaiting key revisions to U.S. labor data due out later in the day. […]

Applovin is soaring. How to tell if the breakout is for real

AppLovin (APP) surged to new all-time highs Monday, gaining 12% and adding roughly $14 billion to its market capitalization, as it officially joined the S & P 500 Index. The breakout through final resistance is a bullish technical development, acting as a positive catalyst and clearing the chart of overhead supply. Breakouts are most reliable […]

How to get the best mortgage rates as 30-year fixed nears 1-year low

The average rate on the 30-year fixed mortgage notched its biggest one-day drop in more than a year on Friday.  Although mortgage rates are now at their lowest level since October, the average rate for a 30-year, fixed-rate mortgage is still just around 6.29%, according to Mortgage News Daily — a big leap from the under […]

How to handle your student loans after losing your job

Srdjanns74 | Istock | Getty Images If you’ve recently lost your job or are struggling to find a new one, your student loans are probably causing you more stress than usual. The job market is flashing warning signs, with the U.S. economy adding just 22,000 positions in August, which was below expectations, according to a Bureau […]

How to invest in gold amid the precious metal’s record run

Gold prices notched another fresh record this week as more investors piled into the metal amid economic uncertainty and rising bets for a Federal Reserve rate cut. So far this year, bullion has gained about 35% as of Friday’s close. Spot gold is now near $3,600 an ounce. “Without a doubt, gold has been trending higher, and it’s […]