High Medical Costs Are Pressuring Retirees Saving for a comfortable retirement is a big undertaking. But saving for the eventualities of what an advanced age may bring with it is a whole different pair of shoes. Increasingly, older Americans are facing financial difficulty after encountering high medical costs. Bills, Bills, Bills Any health crisis that…Read more
SoFi Hong Kong Blog
Estimated reading time: 3 minutes First and 50 It’s been 301 days since the last rate move by the Federal Open Market Committee (FOMC), and the wait is finally over. The Federal Reserve cut rates for the first time in this cycle today, and by 50bps no less, bringing the federal fund rate’s upper bound down to…Read more
Estimated reading time: 3 minutes Economic Output The U.S. economy is growing, making it the envy of its peers. There are a lot of forces at work, but one demographic has had a notable impact on this recent economic growth. Hispanic Americans generated $3.6 trillion in gross domestic product (GDP) in 2022, according to a report from…Read more