The conventional wisdom says an inverted yield curve heralds a recession. But that might not be the case this time. Some economists believe that long-term rates are lower than short-term rates because the Federal Reserve is doing such a good job of restraining inflation.
The Federal Open Market Committee's next meeting -- and accompanying interest rate hike -- is one week from today. The most significant economic release between now and then is Friday's initial report of fourth quarter gross domestic product.
The conventional wisdom says an inverted yield curve heralds a recession. But that might not be the case this time. Some economists believe that long-term rates are lower than short-term rates because the Federal Reserve is doing such a good job of restraining inflation.
To deduct premiums as a sole proprietor, the insurance plan would have to be set up under your business, and you cannot have access to a subsidized plan, says our tax adviser.
Ameriquest is a big mortgage lender for people who have flawed credit. While Ameriquest admits to having done nothing wrong, it has agreed to pay a $325 million settlement to be divided among most of the states' attorneys general.
Ameriquest is a big mortgage lender for people who have flawed credit. While Ameriquest admits to having done nothing wrong, it has agreed to pay a $325 million settlement to be divided among most of the states' attorneys general.