Stocks Slide as Trump Criticizes Fed Chair Powell, Tariff Concerns Persist; Gold Jumps to New High, Dollar Hits 3-Year Low

Markets Decline Amid Trump’s Fed Criticism and Ongoing Tariff Worries; Gold Reaches New Peak, Dollar Falls to Lowest in 3 Years

Uber Faces the FTC Heat 14 minutes ago Uber Disrupted Uber’s stock took a hit on Monday—down a cool 3%—with the FTC bringing the heat. The lawsuit allegedly targets the ride-hailing behemoth’s sleazy billing and cancellation moves related to Uber One. The $9.99 monthly subscription supposedly plays hard-to-get when users try to quit. The lawsuit […]

Fed funds rate vs. discount rate: What is the difference?

Distinguishing Between Fed Funds Rate and Discount Rate

Answering the eternal quandary of finance aficionados, Robert ‘Bob’ Powell breaks down the enigma of the fed funds rate and the discount rate on Decoding Retirement’s “Ask Bob” segment. Chris Ceder, the guru of Golden Sachs Asset Management, graced Bob Powell with his presence. The two wise heads debated over financial maelstroms, with Ceder spilling […]