Page 56 - Mark Hamrick News Today

With uncertainty around interest rates, CD ladders may capture higher yields while offering flexibility. Here’s what investors need to know about building...

Recessions are always inevitable, but they’re even more likely when U.S. central bankers are actively taking steam away from the financial system.

The latest data from the Florida Department of Economic Opportunity shows Orlando’s unemployment rate remains at 2.6% for the third month in a row despite statewide growth.

Sales volume declined again in March after February's rise, according to the National Association of Realtors’ newest numbers.

Apple continues to build on its fintech presence, announcing a new Apple Card savings account offering users an attractive 4.15 annual percentage yield.

The massive post-pandemic price burst has harmed Americans’ ability to take the prudent financial steps that could set them up for success in the long run.

Market analysts say that cracks are forming in the labor market, warning that the banking turmoil may be a contributing factor to easing employment growth.

Inflation is when the cost of goods and services rises over a sustained period, and it can be hard to distinguish from sporadic price jumps.

The economy added 236,000 jobs in March, the Bureau of Labor Statistics reported Friday, a slight slowdown from the strong gains of recent months that indicates the labor market might be slowing in response to the Federal Reserves rate hikes but remains robust.

Bankrate’s Mark Hamrick sees signs of a slowing labor market in the April 4 JOLTS report that showed a decline in a key ratio of job openings. "The Federal Reserve might see this as a sign that the mismatch between supply and demand of labor is slowly resolving, meaning less potential inflation pressure," he writes, adding