In a bold move Wednesday afternoon, the Federal Reserve raised the federal funds rate by 75 basis points. As recently as mid-May, Fed Chair Jerome Powell had signaled a 50-point increase, but following unexpectedly high inflation numbers from the Bureau of Labor Statistics, as well as geopolitical turmoil and the ongoing effects of the pandemic,…
If staying at home was the theme of Chase Freedom’s bonus categories for the second quarter of 2022, cardholders will be rewarded in the third quarter for going out and about. Gas stations. Rental cars. Live entertainment. Bonus categories must be activated by Sept. 14 to get 5% cash back, which can be earned retroactively.…
Tether (USDT) is the oldest and largest of several relatively new digital assets called stablecoins. Stablecoins are backed by a reserve of cash, commodities or other assets as a way of keeping their value stable. What Tether aims to do is offer investors a cryptocurrency that is just as dependable as conventional fiat currencies like…