“Should You Sell Stocks to Clear $30,000 Credit-Card Debt? A Guide for Retirees”

“Should You Sell Stocks to Clear ,000 Credit-Card Debt? A Guide for Retirees”

Deciding whether to sell stocks to pay off a $30,000 credit-card debt immediately or gradually over three years depends on your financial situation, the terms of the debt, market conditions, and your risk tolerance. Given your age (late 60s) and the high interest rates typically associated with credit-card debt, a thorough analysis can help you … Read more

“Jerome Powell at ECB Forum: Watch His Take on Rates and Trump’s Tariff Push”

“Jerome Powell at ECB Forum: Watch His Take on Rates and Trump’s Tariff Push”

Federal Reserve Chairman Jerome Powell spoke at the European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal, on July 1, 2025, at 9:30 a.m. ET (3:30 p.m. IST). The panel, moderated by Bloomberg’s Francine Lacqua, focused on the global economy amid policy shifts, featuring Powell alongside ECB President Christine Lagarde, Bank of England … Read more

Trump sent handwritten note to Powell calling for lower interest rates

Trump sent handwritten note to Powell calling for lower interest rates

On June 30, 2025, President Donald Trump sent a handwritten note to Federal Reserve Chair Jerome Powell, urging him to lower interest rates significantly, accusing him of costing the U.S. “a fortune” by maintaining rates at 4.25%–4.5%. The note, written in Trump’s signature black Sharpie on a chart ranking global central bank rates, read: “Jerome, … Read more