What’s ahead:The Federal Reserve is expected to cut short-term interest rates, but mortgage rates might not necessarily fall by a similar amount. Buyers will probably have more properties to choose from, and th
Unlike the calendar year, which always begins on Jan. 1 and ends on Dec. 31, a fiscal year can start and end in any month. For instance, the U.S. federal government operates on a fiscal year that begins on Oct. 1 and ends on Sept. 30, while many retail businesses prefer a fiscal...
Helpful resources Are We in a Recession? Consumer Sentiment Nears Record Lows: What Is It and Why Does It Matter? How Will Trump Impact the Economy? What Is the Federal Funds Rate? More like this Making Money Paying Your Bills Personal Finance The Labor Market: Worker Perception and Economic...
The SEC is an independent federal agency headed by a bipartisan five-member commission, composed of the chair and four commissioners appointed by the president and confirmed by the U.S. Senate.24The SEC is accountable to Congress and operates under the authority of federal laws that include the...
The FDIC is the federal agency that supervises most U.S. banks and provides insurance to covered deposits. Here's what you need to know.
Economists believe that tariffs will raise costs in the US, sparking a wave of inflation that will keep interest rates higher for longer. The US central bank, the Federal Reserve, is mandated to act to bring inflation down. More expensive borrowing and costlier goods and services could bring ...
Next year, prepare and e-file your federal and state returns together for one low price. April 15, 2025 2024 IRS Tax Return Extension Prepare and eFile for free on eFile.com; click the linked page to see if an extension is necessary for you! Tax extensions should only be used when you...
The current rate remains the lowest since January 2023. » MORE: How is the economy doing? What's influencing the Fed's decisions? The Fed’s rate decision arrived amid growing concerns in economic forecasting. During a press conference following the rate announcement, Federal Reserve Chair ...
Many federal government agencies are funded annually by a dozen appropriations bills that need to be passed by Congress and signed by the president before the start of the new fiscal year on Oct. 1. These are often grouped together into one large piece of legislation known as an "omnibus" ...
Federal Pell Grants President Joe Biden recently signed Congress' 2022 fiscal year spending bill, which includes a $400 increase to the maximum federal Pell Grant award, bringing it up to $6,895 for the 2022-2023 award year. "Every time the maximum Pell Grant is increased, it expands the...