Private payroll growth edged lower in June, according to a report Wednesday from ADP that indicates a potential slowdown in the U.S. labor market. Companies added 150,000 jobs for the…
Category: Bussiness
Fed says it's not ready to cut rates until 'greater confidence' inflation is moving to 2% goal
Federal Reserve officials at their June meeting indicated that inflation is moving in the right direction but not quickly enough for them to lower interest rates, minutes released Wednesday showed.…
This bank just boosted its 1-year CD yield to more than 5%, even as traders await Fed rate cuts
Traders expect the Federal Reserve could start cutting rates as soon as September, sending returns on cash lower, but a few places still offer yields exceeding 5% to those willing…
How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
Natasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since May 11. Courtesy: Natasha Craft When Natasha Craft first got…