Investing on interest rate cuts, jobless claims, auto loans: Wealth!
Mind Your Money1 Aug 2024

Investing on interest rate cuts, jobless claims, auto loans: Wealth!

The Federal Reserve announced that it would leave interest rates unchanged after the July FOMC meeting. In a press conference after the two-day policy meeting, FedChair Jerome Powell hinted a cut could be on the table for September. Many questions now arise as to how it will impact certain industries and finances, including auto loans and consumer discretionary sectors. Wells Fargo Investment Institute global investment strategist Veronica Willis joins the show to give insights into which sectors may benefit from a rate cut and may be a worthy addition to investor portfolios. Cox Automotive executive analyst Erin Keating joins the show to break down what could happen with auto loan rates if the Fed begins to cut rates in September. US initial jobless claims rose by 249,000 for the week ending on July 27, an 11-month high according to the US Department of Labor. What does this new record reveal about the labor market? In addition, see the best ways to improve your cybersecurity with the best defense against cyber attacks, as Cisco EVP and general manage of security and collaboration Jeetu Patel comes onto the show to break down best practices for cybersecurity. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Episoder(258)

Tax changes for retirees, Halloween chocolate prices, gold IRAs

Tax changes for retirees, Halloween chocolate prices, gold IRAs

Today on Mind Your Money, host Allie Canal talks with Yahoo Finance Senior Columnist Kerry Hannon about tax changes for retirees this year.  Canal is also joined by Yahoo Finance Personal Finance Rep...

17 Okt 202525min

Medicare open enrollment, recession indicators, mortgage refinancing

Medicare open enrollment, recession indicators, mortgage refinancing

Today on Mind Your Money, host Julie Hyman talks with Yahoo Finance Senior Columnist Kerry Hannon about Medicare and the three things to know ahead of open enrollment.  Hyman is also joined by Yahoo ...

10 Okt 202525min

Government shutdown, open enrollment, Amazon Big Deals Day

Government shutdown, open enrollment, Amazon Big Deals Day

Today on Mind Your Money, host Allie Canal talks with Yahoo Finance Senior Columnist Kerry Hannon about the U.S. government shutdown and what it means for your money. Canal is also joined by Yahoo Fi...

3 Okt 202525min

FAFSA, adjutable-rate mortgages, pet insurance


FAFSA, adjutable-rate mortgages, pet insurance


Today on Mind Your Money, host Allie Canal talks with Mapping Your Future Executive Director Cathy Muller to discuss FAFSA and how to prepare for the student aid application once it opens October 1. ...

27 Sep 202525min

How the Fed rate cuts could impact your savings accounts, credit cards, and mortgages.

How the Fed rate cuts could impact your savings accounts, credit cards, and mortgages.

Today on Mind Your Money, it’s all about the latest Federal Reserve rate cuts. Host Allie Canal talks with Yahoo Finance Personal Finance Editor Casey Bond on what it means for your savings accounts, ...

19 Sep 202525min

Inflation, making money online, 401(k) trends

Inflation, making money online, 401(k) trends

Today on Mind Your Money, host Allie Canal talks with Yahoo Finance Senior Reporter Emma Ockerman about the August CPI report and how tariffs are impacting inflation. Canal is also joined by Personal...

12 Sep 202525min

Online shopping, tax breaks, self-driving cars & auto insurance


Online shopping, tax breaks, self-driving cars & auto insurance


Today on Mind Your Money, host Allie Canal talks with Wall Street Journal Reporter Esther Fung about online shopping once tariff exemptions on packages under $800 ends. Yahoo Finance Senior Autos Rep...

5 Sep 202525min

Tariffs, mortgage refinancing, healthcare cost savings for retirees

Tariffs, mortgage refinancing, healthcare cost savings for retirees

Today on Mind Your Money, host Allie Canal talks with Yahoo Finance Senior Reporter Emma Ockerman about the ‘De minmis’ exemption ending and what that means for the future of tariffs.  Yahoo Finance ...

29 Aug 202524min

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