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Text of the policy statement the Federal Reserve released Wednesday 09/20/2023 03:21pm • WASHINGTON (AP) — Below is the statement the Fed released Wednesday after its policy meeting ended: Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have slowed in recent months but remain strong, and the unemployment rate has remained low. Inflation r State governors from Arizona, New Mexico seek stronger economic ties with Taiwan 09/20/2023 02:16pm • SANTA FE, N.M. (AP) — Governors from the Southwestern United States are pursuing stronger business ties with Taiwan in hopes of attracting new foreign investments and jobs to their landlocked states. Trade missions this week have taken New Mexico. Gov. Michelle Lujan Grisham and Arizona counterpa Homeowners face rising insurance rates as climate change makes wildfires, storms more common 09/20/2023 12:20pm • NEW YORK (AP) — A growing number of Americans are finding it difficult to afford insurance on their homes, a problem only expected to worsen because insurers and lawmakers have underestimated the impact of climate change, a new report says. A report from First Street Foundation released Wednesday Millennial Money: 5 options if you’re crushed by student loan and credit card debt 09/20/2023 10:13am • The return of federal student loan payments in October has the potential to derail your finances, especially if you’re already struggling with credit card payments. One in five student loan borrowers have risk factors that suggest they could struggle with student loan payments when they resume, Student loans are back. Is it time to consolidate your credit card debt? 09/20/2023 07:00am • The federal student loan payment pause that began in March 2020 is ending. Loans began accruing interest on Sept. 1, and borrowers will start making payments in October. But the restart comes at a tricky time for Americans’ finances. Credit card debt is at a record high — $1 trillion, according Chinese officials voice faith in economy and keep interest rates steady as forecasts darken 09/20/2023 05:07am • Leading Chinese planners voiced confidence on Wednesday in the outlook for the world’s second-largest economy, holding key interest rates steady amid signs of improvement in some areas such as services. The upbeat tone of officials speaking at a news conference in Beijing was in contrast to forec Speaker McCarthy faces an almost impossible task trying to unite House GOP and fund the government 09/20/2023 12:16am • WASHINGTON (AP) — Facing fresh challenges to his leadership, Speaker Kevin McCarthy is trying to accomplish what at times seems impossible — working furiously to convince House Republicans to come together and pass a conservative bill to keep the federal government open. It’s a nearly futil What Net Worth Do You Need to Retire? 09/19/2023 08:00pm • If you're thinking about saving for retirement, calculating your net worth can be a useful tool. It can help you evaluate your current financial picture, set goals and budget for retirement. While looking at finances may be necessary as you plan, keeping a holistic viewpoint which includes health an Can You Retire on $1 Million? Here's How Far It Will Go 09/19/2023 08:00pm • Becoming a millionaire seems like a surefire way to live comfortably in retirement, but is it really? About a third of millionaires say it's possible they will outlive their savings, according to the 2023 Planning and Progress Study from Northwestern Mutual. The financial firm surveyed 2,740 high-ne Which Type of Mortgage Is Best For You? 09/19/2023 08:00pm • Homeownership is a powerful financial investment that can help your family build wealth and equity for generations to come. But the decision to buy a home isn't taken lightly, especially when it comes to borrowing a six-figure mortgage that you may be repaying for decades. Choosing the right type of See the Average College Tuition in 2023-2024 09/19/2023 08:00pm • The average college tuition cost has increased in the 2023-2024 academic year over the prior year across both public and private schools, according to U.S. Â鶹´«Ã½ data based on an annual survey. A college's sticker price is the amount advertised as the full rate for tuition and fees before financial n 'It's heartbreaking at times': Maryland expert offers advice on tackling student loan debt 09/19/2023 05:14pm • Starting Oct. 1, holders of student debt will have to resume payments, but the interest is already starting to accrue. That's why the founder and executive director of a nonprofit designed to help people tackle their student debt said it's so important to take action now. "The biggest mistake Dutch caretaker government unveils budget plan to spend 2 billion per year extra to fight poverty 09/19/2023 12:09pm • THE HAGUE, Netherlands (AP) — The caretaker Dutch government announced Tuesday that it will spend an extra 2 billion euros ($2.1 billion) per year to tackle poverty in this nation where the gap between rich and poor is shaping up as a major campaign theme ahead of a November general election. The Germany went from envy of the world to the worst-performing major developed economy. What happened? 09/19/2023 08:34am • ESSEN, Germany (AP) — For most of this century, Germany racked up one economic success after another, dominating global markets for high-end products like luxury cars and industrial machinery, selling so much to the rest of the world that half the economy ran on exports. Jobs were plentiful, the Today in History: September 19, Unabomber manifesto published in New York Times, Washington Post 09/19/2023 12:01am • Today in History Today is Tuesday, Sept. 19, the 262nd day of 2023. There are 103 days left in the year. Today’s Highlight in History: On Sept. 19, 1995, The New York Times and The Washington Post published the manifesto of Unabomber Ted Kaczynski (kah-ZIHN’-skee), which proved instrumental i