The Currency - Money

The Federal Reserve’s decision to keep rates unchanged for a third consecutive meeting was itself a non-item, but midway through the subsequent press conference, when Fed Chair Jerome Powell suggested that March probably would not be the right time to signal rate cuts, it was immediately clear that his pivot that took place after December's rate-setting meeting was really more of a swivel.  

Get insights from the Empower Personal Wealth Chief Investment Officer on recent happenings in finance, on everything from inflation to AI. 

It’s been a lifetime of twists and turns for the Rubik’s Cube, which holds 42% market share in the brain teaser category after 50 years. Outside the box (or cube), people are puzzling together what it means to “make it” in America. More money headlines ahead – one piece at a time.

The star of last week's GDP report? The U.S. consumer, whose personal consumption expenditures represented 1.9% of that 3.3% growth, or just under 60%. 

“In and out” lists have been popping up all over in recent weeks, and along with aims like getting more sleep, financial goals are topping people’s lists. Here’s a look at some other ins, outs, and here-to-stays making headlines. 

Managing financial risk is important, and diversification is one of the most efficient risk-management tools available to investors.

On Friday the S&P 500 Index and NASDAQ 100 closed at all-time highs. While other areas of the market didn't clear the “best-of-all-time” bar, most equity screens were green. How should we view last week’s record close for these two very prominent equity indices?

In a jolt to the financial world, the U.S. Securities and Exchange Commission approved historic rule changes to allow bitcoin exchange-traded funds. Crypto is likely to remain a topic of hot debate. This week, we’ll look at money headlines that make sparks fly.