Federal Reserves Latest Quarter-Point Interest Rate Raised
On Wed, May 3rd. the Federal Reserve raised its benchmark interest rate for the 10th consecutive hike since March 2022 as to help temper the inflation in four decades. Here are some information on how the raise may impact the economy.
May 2023
Silicon Valley Bank, What should we know about it's collapse?
Silicon Valley Bank (SVB) was a state-chartered commercial bank headquartered in Santa Clara, California. In March 2023, after central bank-endorsed interest rate hikes during the 2021–2023 inflation surge,there was a bank run on its deposits, which led to its collapse and seizure on March 10, 2023
March, 2023
WA Long-term Cares Fund
This month, Washington State has become the first in the country to develop a new system for affordable long-term care. The WA Cares Fund and its corresponding tax are the subject of much debate.
May 17, 2021
Suez Canal Block
While we often think of stocks as intangible point numbers on a screen, they
represent real goods, services, and, most importantly, people.
March 23, 2021
LPL Financial has no affiliation to the sources referenced and any comments and/or opinions mentioned are those of the authors, not LPL Financial.
(05/21)