Federal Reserve
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Rahel Solomon, CNN Anchor and Delco Native, Is Leaving the Network
Archbishop Prendergast graduate and Delaware County native Rahel Solomon is leaving her position at CNN as an early morning program anchor, writes Jeff Blumenthal for…
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CCEDC’s 22nd Annual Economic Outlook Highlights Themes Pointing to Overall Growth
After a year of economic uncertainty related to tariffs and persistent inflation, attendees of the 22nd Annual Economic Outlook, presented by the Chester County Economic…
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Vanguard Releases 2026 Global Economic and Market Outlook
Vanguard has released its annual outlook on the global economy and financial markets. This year’s report, “AI exuberance: Economic upside, stock market downside,” provides investors with…
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Is Your ‘Buy Now, Pay Later’ Habit Helping or Hurting Your Financial Future?
Buy Now, Pay Later (BNPL) services have transformed from a convenient shopping option into a mainstream payment method. According to a WSFS Money Trends Survey, 38…
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Understanding Interest Rates in the U.S. and How They Affect Deposits, Lending, and Mortgages
Interest rates play a pivotal role in the U.S. economy, influencing everything from consumer spending to business investments. These rates determined mainly by the Federal…
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First Bank Doubles Earnings in 2024
First Bank had a standout year in 2024, more than doubling its earnings to $44 million from just under $21 million in 2023 — the…
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Navigating the Fed’s Rate Cut: What Small Business Owners Need to Know
The Federal Reserve’s recent decision to cut its benchmark interest rate by 50 basis points has raised a lot of questions for small business owners.…
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Eligible ‘Historically Disadvantaged’ Philly Businesses Can Apply for Second Round of Boost Your Business Financing
“Historically disadvantaged” businesses in Philadelphia can apply for the second round of Boost Your Business financing to receive $50,000 zero-interest forgivable loans to help them…
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For Some Retirees, Real Estate Is Right Choice for Their 401(k)
Some investors are choosing to forego Wall Street on their road to retirement and are instead putting their money in real estate as their 401(k),…
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The Era of Higher Savings and Bond Rates Continues; Make Moves with Your Cash Now
Americans keeping their money in savings accounts in commercial banks are losing a lot of potential earnings amidst surging returns on bonds and other savings…
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Investors Enjoying Almost Picture-Perfect Investing Environment
Investors are currently striking gold in nearly every market amidst an almost picture-perfect investing environment that boasts resilient corporate profits, low unemployment, and easing inflation,…
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United States Economy Adds 353,000 Jobs, Surpassing Expectations
The latest job report provided another proof that not only did the United States manage to avoid recession, it is adding new jobs in unexpectedly…
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Bryn Mawr Trust’s Andrew Davis Connects the Macroeconomic Dots to Provide His Outlook for 2024
As the Head of Macroeconomic Research at Bryn Mawr Trust, Andrew Davis takes pride in being responsible for the company’s macroeconomic views. His wisdom in…
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2024 Economic Outlook: Are We Above Water?
By Dario Bellot, Chief Financial Officer, Harcum College With gas prices hovering around $3 per gallon, inflation in decline, and unemployment the lowest in decades,…
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Navigating the Future: Economic Forecasts for 2024 with Expert Insights
As we embark on 2024, the U.S. economy is at a pivotal juncture, influenced by a dynamic mix of global and domestic factors. Let’s delve…
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Washington Post: How Philadelphia Stacks Up When It Comes to New Housing Development
Home prices nationwide keep skyrocketing, despite continuous hikes in interest rates by the Federal Reserve, writes Andrew Van Dam for The Washington Post. While the…
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What Is Legacy Planning, and Who Needs It?
There are a lot of misconceptions around legacy planning, who needs it, and what’s included. A 2023 Wills and Estate Planning Study by Caring.com found…
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Three Important Factors to Consider When Investing in Today’s Fixed-Income Market
Interest rates have been on the rise since early last year when the Federal Reserve began raising the federal funds rate that now sits at…
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