What the Tesla stock split means and why it matters

(NEW YORK) -- Tesla will split its stock on Wednesday, joining giant firms like Amazon and Alphabet, the parent company of Google, which have chopped up shares this year as a means of reducing their price and making them more accessible to investors.The stock... Read More.

What the interest rate hike means for homebuyers

(NEW YORK) -- A difficult year for many homebuyers became even tougher when the Federal Reserve dramatically raised borrowing costs this week in an effort to tame sky-high inflation, experts told ABC News.For months, homebuyers have faced the dual challenges of skyrocketing mortgage rates... Read More.

What stagflation means and why it matters

(NEW YORK) -- For months, sky-high prices have pummeled the budgets of everyday Americans.But many have offset the damage, at least in part, with wage increases driven by high demand for workers and resilient consumer spending. In short, strong pockets of the economy have... Read More.