FOMC holds rates at current levels

Category: Finance

A recent survey reveals that over 40% of Americans, including nearly 50% of women, lack emergency savings funds.

Keywords: Emergency Savings, Financial Security, U.S. Survey

Update At: 1/30/2025

Related Sources

Why Rivian Automotive Stock Is Sinking Today

Rivian Automotive's shares fell significantly following mixed earnings results and disappointing 2025 guidance. The company reported a gross profit of $170 million for Q4, marking its first positive figure, but projected an EBITDA loss of $1.7 to $1.9 billion for the full year. Additionally, Rivian announced a recall of over 17,000 vehicles due to a headlight issue, which could impact its financial performance.

Motley Fool

What is DOGE? Will Trump send taxpayers a $5,000 stimulus check? Here's what to know

President Trump is considering $5,000 stimulus checks for taxpayers in the form of a 'DOGE dividend', funded by savings from the Department of Government Efficiency led by Elon Musk. The initiative aims to reduce federal spending and has reportedly saved $55 billion, though this figure is unverified. The plan has sparked discussions about its feasibility and implications for taxpayers.

Austin American-Statesman

What is DOGE dividend check? Will Californians get a $5,000 stimulus check?

President Trump is considering a $5,000 'DOGE dividend' for taxpayers, funded by savings from the Department of Government Efficiency (DOGE) led by Elon Musk. This proposal aims to return 20% of identified savings to citizens, differing from traditional stimulus checks as it would not be inflationary. The DOGE initiative has reportedly saved $55 billion, though this figure is unverified, and has faced legal challenges regarding its impact on federal agencies and consumer protections.

The Desert Sun

What is DOGE dividend check? Will Oklahomans get $5,000 stimulus check? Here's what to know

President Trump is considering a $5,000 'DOGE dividend' for taxpayers, funded by savings from the Department of Government Efficiency (DOGE) led by Elon Musk. This proposal aims to return 20% of identified savings to citizens, differing from traditional stimulus checks as it would not be inflationary. The initiative has sparked discussions about its feasibility and the potential impact on the national debt.

Oklahoman.com

Would You Get A Trump DOGE Dividend Check? You May Be Shocked By Who Doesn’t Qualify

Elon Musk's proposal for a $5,000 DOGE Dividend check, supported by Trump, raises concerns about inflation and eligibility. Critics argue it would favor higher earners while excluding low-income Americans, creating a political dilemma. The proposal's design aims to incentivize tax-paying households but risks backlash for not supporting those in need.

Forbes

DOGE stimulus check creator came up with plan in a dream

James Fishback proposes the 'DOGE Dividend', a stimulus check funded by government savings, aiming to return $5,000 to taxpayers. The plan, leveraging efficiencies identified by Elon Musk's DOGE, has garnered mixed reactions, with concerns over fiscal responsibility amid the U.S.'s $36 trillion debt. The proposal requires congressional approval to move forward.

Newsweek

Moderna and Other Vaccine Stocks Climb Amid Concerns About Coronavirus Study in China

Vaccine-maker stocks like Moderna, Pfizer, and Novavax saw gains amid concerns over coronavirus news from China, while travel stocks like Norwegian Cruise Lines declined. Reports of a bat coronavirus potentially transmissible to humans contributed to market fluctuations, with experts downplaying immediate risks.

Investopedia

Costco Stock Outlook: Wall Street Says Buy After Membership Price Hike - Markets Insider

Costco's stock is considered a buy after the company raised its annual membership fees for the first time in seven years. Bank of America expects Costco to gain market share and increase earnings visibility. The stock price target was raised to $962 per share, with a 12% potential upside. Costco's annual membership fees will increase on September 1, with the Executive membership fee rising to $130 and offering a 2% cash back reward. The fee hike is expected to boost membership fee income by $400 million over the next two years.

Markets Insider

Netflix stock falls as revenue guidance disappoints

Netflix reported second quarter earnings that beat expectations, but the stock fell due to a revenue outlook miss for the current quarter. Despite revenue growth and subscriber additions, concerns arise about long-term growth sustainability.

Yahoo Finance

CPI inflation report June 2024:

The monthly inflation rate decreased in June for the first time in over four years, giving the Federal Reserve more reason to consider lowering interest rates. The consumer price index fell by 0.1% from May, with the core CPI increasing slightly. The report suggests that the Fed may move towards a rate cut in September.

CNBC