Top Indicators of Financial Independence for Women, Survey Says

Top Indicators of Financial Independence for Women, Survey Says

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. While the idea of ​​financial freedom can mean different things to different people, a recent report … Read more

Economy still not ready for big rate hikes ahead, Wells Fargo CEO says

Economy still not ready for big rate hikes ahead, Wells Fargo CEO says

Charles Scharf Qilai Shen | Bloomberg | Getty Images Wells Fargo CEO Charles Scharf said he is betting on “more significant rate hikes” as the Federal Reserve tries to rein in high inflation, and that the economy is not as prepared as it should be. “I wouldn’t bet on a number, but I would bet … Read more

Inflation Protection ETF “CPII” Launches from Ionic Capital

Inflation Protection ETF “CPII” Launches from Ionic Capital

NEW YORK, June 29, 2022 (GLOBE NEWSWIRE) — With the most recent inflation print at a 40-year high, Ionic Capital Management LLC (Ionic) in partnership with Tidal ETF Services, LLC (Tidal) launches the Ionic Inflation Protection ETF (NYSE: CPII). The actively managed fund seeks to generate positive returns during periods of elevated and/or rising inflation … Read more

How to buy Series I savings bonds via TreasuryDirect

How to buy Series I savings bonds via TreasuryDirect

Eakgrunge | Istock | Getty Images There’s been record demand for federal Series I savings bonds, an inflation-protected and nearly risk-free asset, offering an eye-popping 9.62% annual return through October. However, it’s not easy to buy I bonds through TreasuryDirect, a 20-year-old platform run by the US Department of the Treasury, financial advisors say. “It’s … Read more

ECB’s Lane sees double-sided risk of spiraling inflation and economic slowdown

ECB’s Lane sees double-sided risk of spiraling inflation and economic slowdown

Philip Lane, chief economist of the European Central Bank. Bloomberg | Bloomberg | Getty Images European Central Bank Chief Economist Philip Lane said the Frankfurt institution will have to remain vigilant over the coming months with the prospect of inflation spiraling ever higher alongside the risk of a consumer-led slowdown the region. “With the uncertainty, … Read more

30% of LGBTQ+ adults experienced discrimination in financial services

30% of LGBTQ+ adults experienced discrimination in financial services

Rainbow flags celebrate Pride Month in New York. Lev Radin | Pacific Press | LightRocket | Getty Images Members of the LGBTQIA+ community are still struggling, in some instances, to access financial services that would help them manage their money. Some 30% of LGBTQIA+ adults have experienced bias, discrimination or exclusion in the financial services … Read more

Italy’s economy enters choppy waters – POLITICO

Italy’s economy enters choppy waters – POLITICO

Press play to listen to this article Italy’s smooth sailing is about to come to an end. A combination of factors — the “Super Mario” brand of its prime minister, negative interest rates and the chance to spend nearly €200 billion in EU recovery funds — meant that the EU’s third largest economy was heading … Read more

Russia defaults on foreign debt for the first time since 1918 | Business and Economy News

Russia defaults on foreign debt for the first time since 1918 |  Business and Economy News

Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors. For months, the country found paths around the penalties imposed after the Kremlin’s invasion of Ukraine. But at the end of the day on Sunday, the grace … Read more

The Average Amount Of Debt High-Credit Score Borrowers Consolidate

The Average Amount Of Debt High-Credit Score Borrowers Consolidate

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. Personal loans provide a flexible way for people to borrow money to pay for a variety … Read more

The interest rates on savings accounts rise in wake of Fed hikes

The interest rates on savings accounts rise in wake of Fed hikes

There’s a silver lining to higher interest rates: Stashing some cash finally pays. Soaring inflation, which pushed the Federal Reserve into hiking its benchmark rate, is having an effect on the return savers stand to get on their money, at long last. While the Fed has no direct influence on deposit rates, they tend to … Read more