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☆ Record Number of Travelers Expected Over Thanksgiving Week
▼ + stars: | 2024-11-27 | by ( Hank Sanders | ) www.nytimes.com time to read: +1 min

Scott Arnould expected traffic and long lines when he arrived at Chicago O’Hare International Airport more than four hours before his flight home to Gulf Shores, Ala., on Tuesday — as experts warned of the busiest Thanksgiving travel week ever. The Transportation Security Administration said it expected to screen 18.3 million travelers from this past Tuesday through Monday — about 6 percent more than in 2023. AAA, the automobile organization, expects this year’s number of travelers will set records, including nearly 72 million motorists. The Midwest is expecting a wind chill, while the South and Northeast are expecting a cold, rainy storm system. Snow is also possible for parts of the Northeast.

Persons: Scott Arnould, —, Arnould, ”, “ Organizations: Chicago O’Hare International, Transportation Security Administration, AAA Locations: Gulf Shores, Ala, United States, South, Northeast

☆ In pictures: Thanksgiving week in America
▼ + stars: | 2024-11-27 | by ( Brett Roegiers | ) edition.cnn.com time to read: 1 min

Thanksgiving week is underway in America. Almost 80 million people are expected to travel this week, according to AAA. On Thursday, people across the country watched the Macy's Thanksgiving Day Parade, held every year in New York City. Editor's note: Get a street-side view of the biggest Thanksgiving Day parades around the country. Watch “Thanksgiving in America” on CNN and CNN Max starting at 8 a.m.

Persons: CNN Max Organizations: Airports, AAA, America ”, CNN Locations: America, New York City

☆ Millions to hit the roads for Thanksgiving ahead of 'Arctic' temperatures on Thursday
▼ + stars: | 2024-11-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +2 min

Millions of travelers on Tuesday will battle severe weather and congested highways to reach loved ones for Thanksgiving. The National Weather Service (NWS) said in an update early Monday that a pair of weather systems were expected to bring an "Arctic outbreak" across the Central U.S. Wednesday and into Thanksgiving Thursday. Temperatures in the Northern Great Plains will only reach the high teens and 20s Tuesday and Wednesday, 15-25 degrees lower than the seasonal average. The NWS office for the Twin Cities said that Thursday could see lows of zero to 13 degrees Fahrenheit. Roberto Schmidt / AFP via Getty ImagesAs of 7 a.m. Tuesday, airports seemed to be handling the influx of Thanksgiving travelers; there was only one flight cancellation listed across the country Tuesday morning on FlightAware's Misery Map of airline disruption, with just 55 delays.

Persons: Ronald Reagan, Roberto Schmidt, “, I’ve, Jeff Couture, Janis, Ken Allen, — Organizations: National Weather Service, Central U.S, NWS, Twin, Rockies, Michigan, Ronald Reagan Washington National Airport, AFP, Getty, NBC New, Newark, AAA Locations: Twin Cities, California, Sierra Nevada, Michigan Peninsular, Lake Ontario, Ronald Reagan Washington, Arlington , Va, Connecticut, Portugal, NBC New York, San Francisco, Philadelphia

☆ 12 surprising carry-on items you're not allowed to take through airport security
▼ + stars: | 2024-11-26 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

AdvertisementThere are quite a few surprising things you can't bring on a plane via airport security. Popular holiday items like snow globes and British Christmas crackers can't be packed in a carry-on. Foam swords are not allowed in carry-on bags, but lightsabers are permitted. If you're about to pack up and fly home for the holidays, it's always helpful to know what items you can — and can't — put in your carry-on bag. Here are 12 carry-on items you'd be surprised aren't allowed through airport security.

Persons: —, aren't Organizations: AAA, TSA, Transportation Security Administration

☆ Rising air travel demand has created an opportunity in this corner of the bond market, says Nuveen
▼ + stars: | 2024-11-25 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

If they look beyond their travel plans, they may even spy an investment opportunity, according to Nuveen. The Transportation Security Administration is expecting one of the busiest Thanksgiving travel periods on record for the nation's airports. That is keeping pace with the increase in air travel demand in recent years. "So as travel increases, a lot of what's being financed is these amenities and lounges and better restrooms." What Nuveen looks for There are a number of airport revenue bonds within Nuveen's muni funds.

Persons: Daniel Close, Munis, John F Organizations: Transportation Security, TSA, American Municipal Bond Fund, Airports, AMT, Republican, AAA, LaGuardia, Kennedy, Dallas Fort Worth International Locations: White, Nuveen's, New York, Dallas

☆ Soggy Thanksgiving possible, with rain and snow in forecast for busy travel week
▼ + stars: | 2024-11-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

Forecasters are increasingly calling for a cold, soggy Thanksgiving week as west-to-east winter-pattern storms continued to roll across the continental landscape. The possibly wet, snowy and cold weather could meet what's anticipated to be the busiest Thanksgiving travel week to-date, the Transportation Security Administration said. A diagonal, low-pressure front accompanied by rain, snow and dipping temperatures was possible for the Mid-Atlantic and Northeast on Thanksgiving, the federal Weather Prediction Center said. The National Weather Service office for Minneapolis said in a forecast discussion that ice-cold air was likely to arrive midweek. Santa Rosa, California, recorded nearly 12.5 inches of rain in three days, which the weather service office in Monterey said was a 1,000-year event.

Persons: what's, We'll, Michael Dwyer Organizations: Transportation Security Administration, NBC, Prediction, National Weather Service, Minneapolis, Boston Logan International Airport, AP, TSA, AAA, Corridor Transportation Association Locations: Mississippi, Pennsylvania, Chicago, Kansas City , Missouri, Cleveland, Pacific, Oregon, Northern California, Portland , Oregon, Washington , Oregon, California, Santa Rosa , California, Monterey, Pittsburgh

☆ Thanksgiving Travel Tips: How to Survive Flights and Car Rentals
▼ + stars: | 2024-11-22 | by ( The New York Times | ) www.nytimes.com time to read: +1 min

Planes, trains, highways, they’re all going to be packed over the Thanksgiving holiday, traditionally one of the busiest periods for travel. It projects the three busiest travel days will be the Tuesday and Wednesday before Thanksgiving and the Sunday after the holiday. Nearly 72 million motorists are expected to travel 50 or more miles from home between Tuesday and Monday, according to AAA, the automobile organization. (Nearly 2.3 million people will be on buses, trains or cruise ships.) For drivers, AAA has suggestions, including recommended departure days and times depending on where you live and how long you can expect to spend in transit at the height of holiday traffic.

Organizations: Transportation Security, AAA

☆ There's still plenty of 'meat on the bone' in municipal bonds, Vanguard portfolio manager says
▼ + stars: | 2024-11-21 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

So that's why I say there's plenty of meat left on the bone for investing in credit munis," McFee said. Sector outlook Municipal bond funds buy and hold fixed income instruments issued by state and local governments or related entities. Over the past month, major index funds iShares National Muni Bond ETF (MUB) and Vanguard Tax-Exempt Bond ETF (VTEB) have raked in about $2.2 billion of combined inflows, according to FactSet. The big iShares and Vanguard muni funds have each returned about 1.7%, year to date, compared with 1.6% for the iShares Core U.S. And Vanguard is not the only asset manager pushing new muni funds into the market.

Persons: weren't, Steve McFee, McFee, Goldman Sachs Organizations: Vanguard, Bond, McFee, AAA, Muni Bond ETF, Vanguard muni, iShares, Aggregate Bond

☆ Sheetz is slashing gas prices by 40 cents
▼ + stars: | 2024-11-20 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Sheetz, the gas station and convenience store chain, is slashing prices at some of its pumps ahead of the busy Thanksgiving travel period. Sheetz and other chains periodically slash prices to generate buzz and sales, even at the expense of lower profit. Drawing in people with cheap gas could help give convenience store sales a boost. But it’s an odd time to cut gas prices, which are below $3 a gallon in 31 states and hovering at $3.06 a gallon nationally. “Gas prices, after two-plus years of sizzling because of outside factors like Covid and Russia, are finally coming back into balance,” GasBuddy’s Patrick De Haan previously told CNN.

Persons: New York CNN — Sheetz, GasBuddy, ”, Patrick De Haan Organizations: New, New York CNN, AAA, Drivers, CNN Locations: New York, Russia

☆ Almost 80 million expected to travel over Thanksgiving in record-breaking getaway
▼ + stars: | 2024-11-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +2 min

Almost 80 million people will hit the roads and airways this Thanksgiving, with traveler numbers surpassing pre-pandemic levels, the AAA predicts. Journeys of 50 miles or more will be made by 79.9 million people in the holiday period — an increase of 1.7 million from last year and 2 million more than in 2019. "Thanksgiving is the busiest holiday for travel, and this year we’re expecting to set new records across the board, from driving to flying and cruising," Stacey Barber, vice president of AAA Travel said in a statement. The majority of trips, 71.7 million, will be by car, meaning 1.3 million more travelers will be on the road compared to last year. A record 5.84 million plan to fly, a 9% increase from 2019, with international flight bookings up 23%, the AAA said.

Persons: Stacey Barber, Bob Pishue, Hertz Organizations: AAA, AAA Travel, Phoenix Locations: Boston , New York, LA, Seattle, Washington, DC, Atlanta, Las Vegas , Los Angeles, Miami, Oahu, Orlando, Florida

SKIP AHEAD How we picked the best travel tech essentials | The best travel tech gadgets on Amazon | Why trust NBC Select? As you consider travel gadgets, it’s important to evaluate their size and weight, especially if you have limited space in your carry-on or suitcase. Convenience : Whether you’re taking a car, plane, train or bus, the best travel tech gadgets provide convenience when you’re on the road, ensuring you’re comfortable and prepared for common travel issues. : Whether you’re taking a car, plane, train or bus, the best travel tech gadgets provide convenience when you’re on the road, ensuring you’re comfortable and prepared for common travel issues. The best travel tech gadgets on AmazonUsing the guidance of travel experts, I sorted through hundreds of popular travel tech gadgets on Amazon.

Persons: Tom Marchant, Marchant, ”, you’re, it’s, You’ll, Anker PowerCore, there’s, trimmer, TikTok Organizations: NBC, Fyy, Tile Network, Apple, AAA, Apple Watch, Bluetooth, AA, Facebook, Twitter

☆ The 10-year Treasury yield has been rising. Here's where BlackRock’s Rick Rieder sees an opportunity
▼ + stars: | 2024-11-08 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Opportunities abound for income-seeking investors, even as the 10-year Treasury has seen a volatile week, according to BlackRock's Rick Rieder. The iShares Broad USD High Yield Corporate Bond ETF (USHY) , for instance, has a duration of 3.2 years and a 30-day SEC yield of 7.22%. Meanwhile, the Vanguard High-Yield Corporate Fund (VWEHX) has an average duration of 2.9 years, and a 30-day SEC yield of 6.03%. "You can stay higher quality, floating rate oriented, and clip yield," Rieder said. He thinks it's prime time for income investors to snap up yield without stretching into lower quality.

Persons: BlackRock's Rick Rieder, Donald Trump, Rieder, CLOs, Janus Henderson Organizations: Treasury, Federal, BlackRock, CNBC, Standard, SEC, Fund, AAA, Janus Henderson AAA CLO Locations: CLOs, Europe

☆ How to juice the yield in your fixed income portfolio as Trump returns to the White House
▼ + stars: | 2024-11-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

The tax cuts and tariffs floated by Trump has raised worries of a widening fiscal deficit, spurring Treasury yields higher as of late. Bond yields move inversely to their prices. A buying opportunity in bonds Sinead Colton Grant, chief investment officer at BNY Wealth, believes that bond investors overreacted. US10Y YTD mountain U.S. 10-year Treasury "The biggest determinant of your long-term return is the yield," Grant said. Munis While municipal bond yields don't move as quickly as Treasury yields, they are expected to follow, said BNY Wealth's Grant.

Persons: Donald Trump, Bond, Mark Haefele, Sinead Colton Grant, overreacted, Trump, Grant, it's, Brian Rehling, Charles Failla, BNY Wealth's Grant, Sudip Mukherjee Organizations: White, Federal Reserve, Trump, UBS, Fargo Investment, Sovereign Financial Group, AAA, Moody's Locations: Fargo, Stamford, Conn, New York City, muni

☆ Morgan Stanley says ‘this is the most important election’ in a long time for these tax-free assets
▼ + stars: | 2024-11-01 | by ( Michelle Fox | ) www.cnbc.com time to read: +8 min

Next week's presidential election could have a big impact on municipal bonds, according to Morgan Stanley. In that case, the federal tax exemption becomes worth more, said Dan Close, head of municipals at Nuveen. However, studies have shown a move of just a couple percentage points "doesn't really move the needle" for muni demand, Brandon said. The TCJA increased the AMT exemption and raised the income level at which the exemption would phase out. That's because banks and insurance companies in the U.S. own about a quarter of all outstanding muni bonds, he explained.

Persons: Morgan Stanley, Donald Trump, Kamala Harris, Craig Brandon, Harris, Dan Close, Brandon, MOrgan Stanley, munis, Nuveen's, —, Close, Trump, Morgan Stanley's Brandon, Byron Anderson, He's Organizations: taxpers, AMT, Trump, muni, munis, Republican, Medicare, Democratic, AAA, Investments Locations: Nuveen, U.S

☆ Gaming giant Take-Two is in talks to sell its Chartboost adtech division
▼ + stars: | 2024-10-30 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

Take-Two Interactive is in talks to sell its adtech division Chartboost. AdvertisementTake-Two Interactive, the video games giant behind franchises like "NBA 2K24" and "Grand Theft Auto," is in talks to sell its adtech division Chartboost. Adtech companies AppLovin and LoopMe have emerged as potential buyers for the Chartboost assets, the people said. AdvertisementTake-Two acquired Chartboost through its 2022 $12.7 billion purchase of the mobile gaming company Zynga. AppLovin offers a similar, but larger, business to Chartboost — offering developers adtech to make money from their mobile games and find new users.

Persons: —, LoopMe, AppLovin, It's, Maggie Mesa, LUMA Organizations: AAA, Service, Business, Zynga, Mayfair Equity Partners, LUMA Partners Locations: FarmVille, Chartboost

☆ Cash is no longer king. Here are 3 alternatives investors are trading it for, according to chief money managers.
▼ + stars: | 2024-10-29 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Investors face diminishing returns from cash alternatives as interest rates decline. Today, cash alternatives are yielding slightly less. Specifically, those who didn't have liquidity needs but chose to sit in cash anyway missed out on a strong year for the S&P 500. If liquidity needs arise, investors may be able to sell for a profit if the Fed's cutting cycle is steeper than expected, he added. Simply put, the M2 money supply, which includes cash and cash alternatives, has skyrocketed since 2020 by over 36%, debasing the dollar.

Persons: —, Mark Malek, Siebert, Malek, David Miller, Miller, Millers Organizations: Service, Treasury, AAA, Catalyst Funds, Federal, World Gold Council, Investors Locations: Treasuries, Russia, Central

☆ One of Republicans’ biggest inflation cudgels against Democrats has evaporated
▼ + stars: | 2024-10-29 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

It’s a crucial trend that undercuts one of the biggest arguments Republicans have used to hammer Democrats over the cost of living. Although gas prices are down and the rate of inflation has cooled sharply, consumers are still hurting from years of price hikes. After Russia invaded Ukraine, oil prices skyrocketed due to fears of massive supply disruptions. Drivers rolling up to gas stations in some battleground states are enjoying significant price drops, including Nevada (79 cents cheaper than a year ago), Arizona (78 cents cheaper), Pennsylvania (36 cents cheaper) and Wisconsin (32 cents cheaper). But for now the markets appear to be bracing for muted prices, a situation that should keep a lid on gas prices.

Persons: Harris, ” Patrick De Haan, It’s, we’re, ”, De Haan, Donald Trump, Kamala Harris, Biden, Trump, Tom Kloza, Kloza, Brent, “ Organizations: New, New York CNN, Biden, CNN, AAA, Drivers, Iran, Oil Price Information Service, Citigroup, ClearView Energy Partners Locations: New York, Nevada, Arizona, Russia, Ukraine, Pennsylvania, Wisconsin, Israel, Iran, Persian, China, United States

☆ This tax-free income play is set up for a strong year-end performance, says UBS
▼ + stars: | 2024-10-22 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Municipal bonds not only offer solid, tax-free income — they should also see some capital appreciation later this year, according to UBS. Consumers are still spending and the combination of job growth, higher wages and slowing inflation should continue to push households' real disposable income higher, he added. Further, the longer end of the muni bond yield curve is also starting to look attractive, he said. Investors hoping to take a diversified approach to municipal bonds may want to consider an exchange-traded fund. Schwab's Municipal Bond ETF (SCMB) , which has an expense ratio of 0.03% and a 30-day SEC yield of 3.25%.

Persons: Sudip Mukherjee, Mukherjee, Bonds Organizations: UBS, muni, Index Fund, SEC, Schwab's Municipal Bond ETF

☆ The index fund cushion is an equal opportunity booster for stocks
▼ + stars: | 2024-10-20 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

S & P 500 money is oblivious to stock valuations of any kind and ignorant to upgrades and downgrades. The Lilliputian sellers regularly fail to do damage when matched with the oblivious index money. A 4% 2-year note isn't competitive to the magnet of the S & P 500 and its kin. That's emblematic of what happens with a big buyback without stock-based compensation (something many tech firms use that renders moot the S & P 500 inflows). Because of the way that the S & P 500 money is divvied up, the share base becomes overwhelmingly index-fund based and the index fund shareholders do not sell.

Persons: Morningstar, Smoot, Herbert Hoover's, Warren Buffett, Buffett, Jerome Powell, haven't, Charlie Scharf, Wells, Banks, Charlie, Morgan Stanley, Ted Pick, James Gorman, Schwab, Gamble, Jim Umpleby, that's, Butch Cassidy, Jim Cramer's, Jim Cramer, Jim, Charles Scharf, Kyle Grillot Organizations: Federal Reserve, Commerce Department, Taiwan Semi, Trust, Fed, Triple AAA Robinhood, Morgan, Procter, United Airlines, Exxon, Caterpillar, Boeing, Apple, Meta, Sundance, Jim Cramer's Charitable, CNBC, Milken Institute Global Conference, Bloomberg, Getty Locations: Hawley, McCumber, Taiwan, Arizona, American, Wells Fargo, Wells, China, Chevron, Beverly Hills, Calif

☆ Here's who would benefit from Trump's proposed tax break on car loan interest
▼ + stars: | 2024-10-14 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Trump's proposed tax break would make interest on car loans fully tax deductible. That tax break lets homeowners deduct annual mortgage interest payments from their taxable income, thereby reducing their tax bill. Few taxpayers claim itemized tax deductionsTo get the deduction, car owners would need to itemize their tax return to include their borrowing costs. About 14.8 million federal tax returns, or about 9%, claimed an itemized deduction on their 2021 federal tax returns, according to the most recent IRS data. An itemized tax break on car loan interest "would help only a fraction of taxpayers," said Leonard Burman, an institute fellow at the Urban-Brookings Tax Policy Center.

Persons: Donald Trump, Sarah Rice, Trump's, Experian, It'd, Seiberg, Trump, didn't, Erica York, —, Leonard Burman, Burman, York, it'd Organizations: Detroit Economic, Bloomberg, Getty Images, Federal Reserve Bank of New, AAA, Trump, Cowen Washington Research Group, Republicans, CNBC, Finance, Social Security, Taxpayers, Tax, Center, Federal Tax, Urban, Brookings Tax Locations: Federal Reserve Bank of New York, Detroit, York

Ahead of the latest monthly inflation reading, consumers are still coming to terms with the sticker shock of everyday goods and services prices — and lingering uncertainty about the economy. The pace of consumer price growth was expected to have remained largely unchanged in September, according to Dow Jones estimates. Harris has narrowed the gap in some surveys about which presidential candidate would be better on economic issues, but Trump still leads on that metric. Analysts generally agree that’s a sign the economy remains on solid footing, at least according to the data. Today’s inflation numbers could cause Wall Street to pare back expectations of an interest-rate cut at the Federal Reserve’s next meeting in November.

Persons: Dow Jones, Donald Trump, Kamala Harris, Biden, Trump, Harris, —, ”, Bill Dunkelberg Organizations: Democratic, University of Michigan Consumer Survey, Biden, AAA, Federal, National Federation of Independent Locations: November’s, pare

☆ Florida gas stations are already running out of fuel. Hurricane Milton could cause even more trouble
▼ + stars: | 2024-10-08 | by ( Chris Isidore | Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —Gas stations in many areas of Florida are running out of gasoline, as residents prepare for Hurricane Milton. Gas price tracking service GasBuddy reported that as of Tuesday morning, 14.5% of gas stations statewide were without fuel, a dramatic spike from just 3% on Monday. DeSantis said 27 fuel trucks were escorted by the Florida Highway Patrol to deliver fuel to stations in the anticipated impact area of the storm. “We have been dispatching fuel over the past 24 hours as gas stations have run out,” he said at a press conference early Tuesday. And the real fear is that the hurricane and storm surge could cause significant damage to the port.

Persons: Fort, “, ”, Patrick De Haan, Ron DeSantis, DeSantis, Milton, Julio Cortez, Tom Kloza, Andy Lipow Organizations: New, New York CNN — Gas, Hurricane Milton, GasBuddy, Florida, Patrol, AAA, Lipow Oil Associates, Coast Guard Locations: New York, Florida, Milton’s, Fort Myers, Gulf Coast, Port of Tampa, Orlando, Tampa Bay, Port, Tampa

☆ The Best Survival Kits and Emergency Supplies of 2024
▼ + stars: | 2024-10-07 | by ( Harry Rabinowitz | ) www.nbcnews.com time to read: +11 min

An emergency kit — sometimes called a survival kit — can help you be more prepared. Nearly half of Americans (48%) have already assembled some kind of emergency supplies, according to FEMA’s 2023 National Household Survey. SKIP AHEAD How I picked the best emergency kits and supplies | Top-rated emergency kits of 2024 | Top-rated emergency supplies of 2024 | Why trust NBC Select? Top-rated emergency kits of 2024These top-rated emergency kits have most of the supplies recommended from agencies like FEMA, the CDC and The American Red Cross. Persons: 1 | Time: 72 hours | Weight: UnlistedTop-rated emergency supplies of 2024You’ll probably want to supplement any pre-built survival kit with other tools and supplies.

Persons: U.S . Department of Homeland Security’s, you’re, I've, Judy, Max, You’ll, TikTok Organizations: U.S . Department of Homeland, Survey, FEMA, CDC, NBC, U.S . Department of Homeland Security, for Diseases Control, Prevention, NOAA Weather, Judy, Utah Department of Public, AA, AAA, Ready.gov, Radio, NOAA, Cross, U.S . Geological Survey, Entertainment, Facebook, Twitter Locations: U.S

☆ This strategy can maximize yield even as interest rates fall
▼ + stars: | 2024-10-02 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

The strategy is meant to minimize interest rate risks, explained Saraja Samant, a manager research analyst at Morningstar. Wisdom Tree has two Treasury ladder ETFs: a one- to three-year fund and a seven- to 10-year fund. Schwab has Treasury bond ladder strategies in separately managed accounts operated by its Wasmer Schroeder Strategies' team. "They can add to or take from the entire bond ladder all at once, which is challenging to do with an individual bond ladder." The 'comfort' of a ladder To build a Treasury ladder, investors can go to Treasury Direct or use a broker dealer and tailor it to their needs, Samant said.

Persons: you'll, Saraja Samant, Robert Scrudato, Schwab, Schroeder, Barry Glassman, Morningstar's Samant, Samant, Michael Kessler, Glassman, Kessler, he's Organizations: Federal, Morningstar, Treasury, BlackRock, Securities and Exchange Commission, Wealth, Albion Financial, AAA Locations: Vienna , Virginia, Salt Lake City

☆ How to make the Fed rate cut work for you
▼ + stars: | 2024-09-18 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +11 min

In its August survey of car shoppers, a majority (64%) said a Fed rate cut likely would affect the timing of their purchase. But here’s the thing: Car loan rates are pretty high — the average is 7.1% for new cars and 11.3% for used cars, according to Edmunds. If you do buy a home this year and are considering buying down points to reduce your mortgage rate, crunch some numbers first, Diodato advised. That’s because you will pay thousands of dollars to buy down your mortgage rate now, and then thousands more in fees to refinance. What to do if you’re not near retirement: Reconsider how much money you’re keeping in cash or cash-equivalent investments.

Persons: Jerome Powell, Powell, “, ”, Greg McBride, McBride, Chris Diodato, Jessica Caldwell, ” McBride, Caldwell, We’re, Diodato, you’ll, won’t, Kathy Jones, Jones Organizations: CNN, Federal Reserve, Bankrate.com, Fed, Treasury, FDIC, Schwab Center, Financial Research, AAA, Bond Locations: Edmunds, Schwab.com

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