The Federal Reserve hiked interest rates to combat inflation: Here’s what that means for you

The Federal Reserve hiked interest rates to combat inflation: Here’s what that means for you


The Federal Reserve recently raised interest rates by three-quarters of a percentage point, the most aggressive hike since 1994. This rise puts the key benchmark federal funds rate at a range between 1.5 and 1.75%.

The Fed’s intention is to help combat inflation.

Watch this video to find out what rising interest rates mean for you.



Source

Why this apartment developer is deploying  billion of new capital toward older buildings
Business

Why this apartment developer is deploying $1 billion of new capital toward older buildings

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. In […]

Read More
Lawsuit over  million donor-advised fund highlights risks of DAF giving
Business

Lawsuit over $21 million donor-advised fund highlights risks of DAF giving

Ridvan_celik | Istock | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. With donor-advised funds gaining popularity as a vehicle for the wealthy to give back, risks and potential […]

Read More
Billionaire family offices invested in pro soccer, bitcoin and semiconductors before the new year
Business

Billionaire family offices invested in pro soccer, bitcoin and semiconductors before the new year

Leon Cooperman. Scott Mlyn | CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Private investment firms of the ultra-wealthy capped off 2025 with equity bets ranging from airline stocks to […]

Read More