By Tom Burnett CFA On September 17, 2025, the Federal Reserve Open Market Committee (“FOMC”) voted to cut interest rates by 25 basis points. The new range is 4.0-4.25%. This cut is the first cut in rates since December 2024. The vote was 11-1 with new Board member Stephen Mirani voting for a 50-basts…
By Tom Burnett CFA On September 11, 2025, the Bureau of Labor Statistics issued its CPI Report for August. The Index increased by 0.4% in August, up from 0.2% in July. The increase was the largest monthly figure since January 2025. Over the past year, the CPI has risen by 2.9%, the most since January…
By Tom Burnett CFA On September 5, 2025, the Bureau of Labor Statistics issued its Employment Report for August. Total nonfarm payrolls rose by 22,000 for the month. Total employment is now little changed from April. The unemployment rate was little changed at 4.3% with 7.4 million job seekers, as many…
Read the full article here: Generation X, defined by those born between 1965 and 1980, is rapidly approaching retirement age. At the same time, a growing body of financial data reveals this is a generation at risk of falling short…
By Tom Burnett CFA On August 12, 2025, the Bureau of Labor Statistics issued the CPI Report for July. The CPI increased by 0.2%, down from 0.3% in June. Over the past 12 months, the CPI is up by 2.7%, the same increase as in June. The Core rate, excluding food and energy, rose 0.3%...