Interest rate path to determine if Aussie banks can sustain rich valuations in 2025 The Australian central bank's rate trajectory and its effect on inflation will decide if Australian bank shares can eke out growth in 2025 after a bumper year that has left valuations stretched, ... 12/26/2024 - 8:33 am | View Link
Average rate on a 30-year mortgage climbs to 6.85%, highest since July, as bond yields keep rising The average rate on a 30-year mortgage in the U.S. rose for the second straight week to its highest level since mid-July, reflecting a recent jump in the bond yields that lenders use as a guide to ... 12/26/2024 - 4:10 am | View Link
Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally attuned to risks from both sides of the mandate, and would proceed cautiously ... 12/21/2024 - 5:05 am | View Link
Fed drops its key rate but projects fewer cuts in 2025 The Federal Reserve signaled that it will move more slowly and cautiously next year as it considers further rate cuts. The Fed cut its benchmark rate one-quarter of 1 percentage point on Wednesday, to ... 12/19/2024 - 12:00 am | View Link
Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year. 12/18/2024 - 9:33 am | View Link
How to Calculate an Annual Percentage Growth Rate: 7 Steps To calculate an annual percentage growth rate over one year, subtract the starting value from the final value, then divide by the starting value. Multiply this result by 100 to get your growth rate displayed as a percentage. Keep reading to learn how to calculate annual growth over multiple years! 12/27/2024 - 10:10 pm | View Website
How To Calculate Growth Rate (With Formulas and Examples) Growth rate, which some refer to as percent change, is an important calculation. Calculating growth rate can help you measure change over time and represent that change as a percentage. In this article, we teach you several methods for calculating growth rate and provide several calculation examples. Key takeaways: 12/27/2024 - 3:14 pm | View Website
Economic Growth Rate: Definition, Formula, and Example An economic growth rate is a measure of how well an economy is performing in terms of its overall size and productivity over a specific period, often a year or a quarter. 12/27/2024 - 1:41 pm | View Website
Growth Rate Formula – A Complete Guide Growth rate refers to the rate at which a quantity increases or decreases over a specific period, typically expressed as a percentage. In business, growth rate is used to measure the change in key metrics such as revenue, profit, population, GDP (Gross Domestic Product), and market share. 12/27/2024 - 8:55 am | View Website
Growth Rates: Definition, Formula, and How to Calculate Growth rates are the percent change of a variable over time. It can be applied to GDP, corporate revenue, or an investment portfolio. Here’s how to calculate growth rates. 12/27/2024 - 4:16 am | View Website
By Jack Flemming, Los Angeles Times
LOS ANGELES — The Facebook post seemed straightforward enough, offering up a newly built ADU rental in Burbank. Two bedrooms, two bathrooms, 1,000 square feet. A private yard. Finishes “you wouldn’t find in any other ADU.”
The price? $4,500 per month.
“Dam, ya’ll need to chill out!!
By Kemberley Washington, CPA, Bankrate.com
The IRS Direct File program, which lets taxpayers file their federal income tax return directly with the IRS for free, is doubling its reach to 24 states for the 2025 tax season, up from 12 states in 2024, the program’s pilot year.
The Direct File program will also accept more types of tax situations for the 2025 tax season.
2024 saw new laws, including around pay, for gig workers in cities like New York and Seattle. GettyGig work apps like Uber and Instacart continued to attract millions of workers in 2024. The job can still be lucrative, though many workers pointed to challenges. From hackers stealing accounts to tip baiting, here's what being a gig worker was like in 2024.
Korean Air will stop flying the world's longest Boeing 747 passenger flight in 2025, giving the title to Lufthansa come March. EQRoy/ShutterstockKorean Air is expected to stop flying the longest Boeing 747 passenger flight in March 2025. Airlines globally have been phasing out the massive jet in favor of less costly widebodies.
Adult diabetes camp helped me process the grief of losing my mom. Maya RamirezMaya Ramirez, 31, has been attending diabetes camp all her life. In 2023, she attended a diabetes camp for adults for the first time. Adult diabetes camp gave her community and helped her process the grief of losing her mom.
A trip that included stops in Serbia, Bosnia, and Croatia (pictured) helped me heal after an unexpected breakup. Jessica Ivetich (This image was extended using AI)An breakup text on my birthday was a shock I didn't see coming. It came while I was on a trip with my dad and brother, making stops in Serbia, Bosnia, and Croatia.