Category: Banking

If you're wondering what the future holds for interest rates, especially in the next couple of years, you're not alone. According to insights from Morgan Stanley, as discussed in a recent "Thoughts on the Market" podcast, interest rate predictions point towards …Read more  »

The US job growth in June 2025 proved surprisingly strong, with nonfarm payrolls increasing by 147,000. This exceeded expectations of around 110,000 and prompted a shift in market expectations, essentially eliminating the possibility of a July interest rate cut by the Federal Reserve. …Read more  »

Is artificial intelligence (AI) poised to steal our jobs? That's the burning question on many minds, and Federal Reserve Chair Jerome Powell has weighed in. While the full impact remains uncertain, Powell warns that AI will make "significant changes" to the economy and …Read more  »

Are you wondering if you'll be paying less on your mortgage, car loan, or credit card bills soon? The big question on everyone's mind is: Will interest rates drop in the second half of 2025? Good news: the current expectation is yes, the …Read more  »

For most people, their money is safe in the bank in 2025. While two banks failed in the first half of the year, they were due to internal problems like suspected fraud, not a widespread issue. The Federal Deposit Insurance …Read more  »

Figuring out how many banks have failed in the US in 2025 is a question on many people's minds, especially after the turmoil of recent years. In 2025, there have been a total of 2 bank failures in the United States, …Read more  »

Two bank failures in one year? Yep, that's right.  On June 27, 2025, the Santa Anna National Bank in Santa Anna, Texas, shut its doors, marking the second U.S. bank to fail that year after the closure of Pulaski Savings Bank in …Read more  »

When it comes to keeping your hard-earned money safe, one of the most important factors to consider is the financial institution where you choose to deposit it. This is where the Federal Deposit Insurance Corporation (FDIC) comes in. The FDIC …Read more  »

Today's news from the Federal Reserve (also known as the Fed) might sound a little complicated, but let's break it down. On June 18, 2025, the Fed did not cut interest rates. They left them where they were, in the range of 4.25% …Read more  »