Browsing: savings

Savers might have seen higher returns on their balances when the Federal Reserve started raising rates again. At its September meeting, the central bank increased the federal-funds rate by 25 basis points, its first rate hike since 2023. While it voted to hold the rate steady at its October meeting, it’s projected to raise it…

The awkward question for an IT company selling AI is also the obvious one for its customer: if the work takes fewer hours, why should the bill stay the same?