With home sales rising 4.1 percent in April from the month before and 11.8 percent from a year ago, the housing market is still hot. Kirsten Jordan, associate real estate broker for Douglas Elliman, has some tips to help savvy homebuyers get into the market
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Fed Set to Launch Digital Payments System Over the Summer
The Federal Reserve on Wednesday evening said its long-awaited digital payment system, the FedNow Service, will start operating in July. The service is designed to provide a national platform for financial institutions to settle payments in real-time and at lower cost. That could include large banks, payment processors, and the U.S. Treasury.
Yellen Says Banking System 'Remains Sound,' Defends Rescue to Senators
A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen is set to tell the Senate Finance Committee that the nation's banking system “remains sound” and Americans "can feel confident” about their deposits.
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Cheddar Morning News Briefings of March 16th
Cheddar Morning News Briefings
Credit Suisse Shares Soar After Central Bank Aid Announced
Credit Suisse’s shares have soared 30% after it announced it will move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank.
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H&M Launches Resale Website in Sustainability Push
Fashion retailer H&M launched a platform to become more sustainable.
Adobe Shares Jump as Earnings Tops Estimates
Adobe shares rose after reporting earnings that topped estimates.
Stocks Close Down Amid Banking Concerns, Ahead of Fed Meeting
Melissa Armo, founder and owner of The Stock Swoosh, joined Cheddar News to discuss Wednesday's session as stocks closed down amid concerns over a banking crisis and ahead of next week's Fed meeting.
