The Fed’s December Rate Cut Is Official: What Social Security Retirees Need to Know

The Fed’s December Rate Cut Is Official: What Social Security Retirees Need to Know

Quick Read The Fed cut rates by 0.25% in December. Savings account and CD yields may decline as a result. On the plus side, credit card rates should fall and borrowing should become less expensive. Social Security’s 2026 COLA is locked at 2.8%, but lower interest rates may boost future COLAs if inflation rises. It sounds nuts, but SoFi is giving new active invest users up to $1k in stock, see for yourself (Sponsor)   There’s been a lot of pr…

Charting the Global Economy: Fractured Fed Lowers US Interest Rates

The Federal Reserve lowered its benchmark interest rate again this week, though details from the meeting highlighted fractures among policymakers that will greet a new Fed chair next year.

Fed Cuts Interest Rates: Situation Surrounding U.S. Economy Complicates Central Bank’s Next Moves

The U.S. economy finds itself caught in a dilemma, with concerns over deteriorating employment and a risk of renewed inflation.

Weekly roundup: Waymo recalls software after school-bus incidents, Stellantis brings Fiat Topolino to US, Fed cuts rates again

ICYMI: Waymo recalls software after self-driving cars illegally pass school buses. Stellantis will bring the all-electric micro Fiat Topolino to the U.S. The Fed cuts rates to 3.5–3.75%. Dealertrack Credit Index hits 99.1, reflecting increased auto loan approvals in November. Rivian rolled out a new self-driving chip and Autonomy+ system. Here’s a closer look at these top stories and more headlines to stay on top of this week’s automotive indust…