Majority of Americans Unconcerned Over Fed’s Rate Increase

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Tagged with: Federal Reserve U.S. Economy Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago In a recent survey which asked consumers how they felt about the effect of the Federal Reserve’s recent rate hike on the economy, more than half of respondents (56 percent) were not concerned—Any worries expressed over the Federal Reserve’s recent rate hike are based largely on the respondent’s economic position.The results of Bankrate’s latest Financial Security Index survey, in which 1,003 people were surveyed by telephone, found that 41 percent of Americans believe rate increases could have dire effects on their personal finances and on the U.S. economy in general. However, these concerns are not spread evenly across the population. According to Bankrate, age, economic status, and education level play major roles in how high someone’s anxiety might be.Those between 30 and 49 were most worried, the report found. A full 44 percent in this age range expressed concern over where the economy is headed. Twenty percent of Millennials, the largest generational group to voice concerns, said they worried about their personal economic futures. Millennials were, however, the least likely (12 percent) to be concerned about the effects of rate hikes on the economy overall.On the other side, those 65 and older were far less concerned‒‒37 percent in this age group said they worried about their own finances or the economy in general.Most surveyed did not see much cause for alarm about rate increases. A full 56 percent were not concerned about rate hikes and 15 percent felt rates are getting back to normal after being artificially low for years.”The impact of rising interest rates will take some time to show a cumulative effect,” said Greg McBride, Bankrate’s chief financial analyst.  He added that now is the time for consumers to insulate themselves from rising rates by refinancing from an adjustable-rate to fixed-rate mortgage or by snagging zero-percent balance transfer credit cards.It should be noted, however, that Americans’ financial security is actually better now than it was in December. The January Financial Security Index clocked in at 101.5, compared to December’s 101.1, and Bankrate found that greater feelings of job security and higher overall net worth among Americans of all age groups led the list of reasons. Majority of Americans Unconcerned Over Fed’s Rate Increase  Print This Post Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Scott Morgan is a multi-award-winning journalist and editor based out of Texas. During his 11 years as a newspaper journalist, he wrote more than 4,000 published pieces. He’s been recognized for his work since 2001, and his creative writing continues to win acclaim from readers and fellow writers alike. He is also a creative writing teacher and the author of several books, from short fiction to written works about writing. About Author: Scott Morgan The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: Private Investors Taking on More of the Risk With Credit Risk Transfer Programs Next: SEC Approves Ocwen Settlement Over Financial Misstatements Federal Reserve U.S. Economy 2016-01-20 Scott Morgan Related Articles Home / Daily Dose / Majority of Americans Unconcerned Over Fed’s Rate Increase January 20, 2016 1,056 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days agolast_img read more

moe. Announces First Shows Back With Bassist Rob Derhak

first_imgGreat news for moe. fans! Without stepping too far into the future, the band has announced a two-night run on February 2 & 3, 2018 at The Capitol Theatre in Port Chester, New York–marking the band’s first shows back together since bassist Rob Derhak‘s diagnosis with oropharyngeal cancer in July. Following the band’s official announcement that they would be going on an indefinite hiatus–forcing them to cancel the majority of their Summer Tour, as well as their pending Fall dates–the larger jam community banned together around the bassist in support, with fans starting a fundraiser to cover some of Derhak’s medical expenses. While members of moe. continued to perform in various different settings, Derhak was severely missed over the last few months. With positive updates from the Facebook keeping the moe. community sane, fans can officially rejoice at the great return of Rob Derhak.While On Leave, moe. Bassist Rob Derhak Attended LOCKN’ Via This Tiny rob.otAccording to a press release, the moe. bassist/vocalist has made tremendous strides in his recovery following treatment, and the outpouring of love and support from the fans has been equaled only by the anticipation for the band’s return.Derhak commented, “It’s been a tough few months, and I couldn’t have done it without the overwhelming support of my family, and my famoe.ly. And although it’s still not clear what the future brings, the positivity and love that I’m feeling for moe.’s and my next chapter is beyond exciting. I feel like a kid counting down the days until Christmas, and our energy as a band, is like nothing I’ve experienced before. Thank you all for the well wishes, prayers, and healing vibes.”Tickets go on sale this week. A limited number of Pre-sale tickets will be available Wednesday, November 15th, at 10:00am EST. General on sale begins Friday November 17th, at 10:00am. Kung Fu will support on Friday February 2nd only. February 3rd is an “evening with” moe. Both nights will feature 2 full sets from the band. Tickets to Friday are here, and Saturday here.last_img read more

Canje Knights win Nigel Hinds Annual Berbice Basketball Mecca Classic title

first_imgTHE Canje Knights won a thrilling battle against rivals, Rose Hall Town Jammers, in the final of the Nigel Hinds Financial Services Annual Berbice Basketball Mecca Classic, which was played on Saturday night under lights at the New Amsterdam Basketball Court.The Knights had to battle back against a dominant Rose Hall Town side, but armed with the likes of Jamal Felix and Michael Bowen, they were able to stage a last quarter fight back to register a two-point victory (88-86).Bowen was fouled on the three-point line, and although Rose Hall were up to the task at the other end, a critical fast break from Tyrone Dey propelled the Knights to victory.Felix led the attack with a game-high 27 points, three rebounds and two steals, while Bowen added 22 points, two assists, two rebounds and two steals. Dey was also impressive and although he was in foul trouble, he still contributed 18 points.For the Jammers, Shamar France, who was key in keeping the side ahead for most of the game (they led by six points at the end of the half 44-38), finished with 26 points, three rebounds, three steals and two assists. Kwesi Mickel supported with 17 points, three assists and four rebounds, while Jermaine King finished with 14 points and five rebounds.For the victory, the Knights received the championship trophy and $100,000, while the Jammers collected $75,000.Prior to the championship clash, Georgetown-based Plaisance Guardians U-21 team edged past the West Berbice Hopetown Steelers 73-71 in another crowd-pleasing thriller.last_img read more

Baylee Newberry of Wellington gets very big savings bond for very big cabbage

first_imgby Tracy McCue, Sumner Newscow — Baylee Newberry, the daughter of Jason and Whitney Newberry of Wellington, recently grew herself a humongous cabbage. It won her a $1,000 savings bond towards education because of it.Newberry, a third grader at Wellington Eisenhower Elementary School in 2013, was randomly selected by the Kansas Department of Agriculture, as winner of the National Bonnie Plants Cabbage Program for the state of Kansas.There were 5,390 children who participated from Kansas.Wellington third grade Eisenhower instructor Vanessa Sawyer gave each of her third graders a cabbage seed to grow. Sawyer’s cabbage grew 35.5 pounds! That’s a lot of sauerkraut to make. This year more than 1.5 million third graders in 48 state have gotten hands-on gardening experience growing colossal cabbages with high hopes of winning “best in state,” an honor bestowed on Newberry. Each year Bonnie Plants, the largest producer of vegetable and herb plants in North America, sends oversized cabbage plants to third grade classrooms, whose teachers have signed up for the program. If nurtured and cared for, kids can grow green, giant cabbages, some tipping the scales at 40 pounds.Launched nationally in 2002, the program awards a $1,000 scholarship to one student in each participating state. At the end of the season, teachers from each class select the student who has grown the “best” cabbage base on size and appearance. A digital image of the cabbage and student is submitted online at http://bonnieplants.com/Baylee Newberry and her very big cabbage. Sauerkraut at the Newberrys! Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments (8) Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings Sort by: Date Rating Last Activity Loading comments… You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. +3 Vote up Vote down Sluggo · 341 weeks ago Lil & I make our own Sauerkraut, that baby should make a lot….would like to know her secret Report Reply 0 replies · active 341 weeks ago +2 Vote up Vote down Sherry Kline · 341 weeks ago Congratulations Baylee!! Report Reply 0 replies · active 341 weeks ago +3 Vote up Vote down Go Broncos · 341 weeks ago Awesome program! Thanks to Mrs. Sawyer for making it possible for our kids. You can look at past winners at Bonnie Cabbage Program for 3rd graders. All of this years winners should be posted by 1st of March. Report Reply 0 replies · active 341 weeks ago +2 Vote up Vote down Local · 341 weeks ago What a great picture! Report Reply 0 replies · active 341 weeks ago 0 Vote up Vote down Vickie Ricke · 341 weeks ago Congratulations, Baylee! Report Reply 0 replies · active 341 weeks ago 0 Vote up Vote down Seymour · 341 weeks ago GOOD JOB BAYLEE!!!! I keep waiting for the plant to say “Feed me Seymour!!!!” Report Reply 1 reply · active 341 weeks ago 0 Vote up Vote down JustMe · 341 weeks ago A classic! Report Reply 0 Vote up Vote down Matt and cortney · 341 weeks ago GOOD JOB BAYLEE that is a big cabbage Report Reply 0 replies · active 341 weeks ago Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new commentslast_img read more