Stretching Your Dollar: How to Boost Your Emergency Savings
A new linked in survey found that more than 50 percent of respondents are not comfortable with the amount of money they have tucked away for emergencies. Greg McBride, chief financial analyst at Bankrate, joined 'Stretching Your Dollar' to talk the state of Americans' emergency savings and how the economy is impacting people's ability to save. McBride also mapped out a plan to help people begin saving more.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
