Social Security’s COLA could be lower in 2025 amid cooling inflation

by OverviewFX | Jun 12, 2024 | Stocks

The cost-of-living adjustment is supposed to keep pace with inflation and preserve buying power for its recipients

How will the soft May CPI reading impact the Fed? By starting the clock on a potential September rate cut.

by OverviewFX | Jun 12, 2024 | Stocks

The Federal Reserve is seen as likely to pencil in two cuts over its last four meetings this year, which would keep the door open for a September move.

Stocks’ path to record highs is increasingly narrow. Why a selloff may be overdue.

by OverviewFX | Jun 12, 2024 | Stocks

The S&P 500 and Nasdaq Composite marched to record highs on Tuesday — their 27th and 15th of 2024, respectively. But beneath the surface, signs of weakness proliferated.

Battery-metals maker Umicore cuts guidance on EV market slump

by OverviewFX | Jun 12, 2024 | Stocks

Umicore said it expects sales of its battery metals could be “equal or lower” than last year due to a “sharp slowdown in the growth of demand for EVs.”

GameStop says it raised $2.14 billion in share sale. Roaring Kitty memes continue.

by OverviewFX | Jun 12, 2024 | Stocks

GameStop Corp. said it raised around $2.14 billion in a share sale. Shares were dropping in premarket on Tuesday.

My husband and I are in our 30s, earn $120,000 a year and pay $1,500 in rent. Will we ever own a home?

by OverviewFX | Jun 12, 2024 | Stocks

“We both have a 401(k), his totalling $20,000 and mine just over $56,000.”