James F. Royal, Ph.D., is a senior reporter on investing and wealth management at Bankrate. He was formerly a stock analyst for The Motley Fool and a …
More stimulus, low-rates and Bitcoin — Here's what we're reading this week
Bankrate's investing and wealth management reporter, Jim Royal, shares his reading list for the week.
Meet Jim
James F. Royal, Ph.D., is a senior reporter for investing at Bankrate, and has been investing in the stock market for more than two decades. Royal is the author of The Zen of Thrift Conversions, and holds a doctorate from the University of Florida.
What's in the latest COVID relief bill?
Are you wondering what’s included in the latest COVID relief bill? A new round of stimulus payments, extra unemployment payments, aid to governments, funding for vaccine distribution. Here’s the timeline for what’s coming next and what to watch out for.
Americans are now one step closer to a third stimulus payment and more coronavirus relief, after legislators in an early Friday session laid the …
Threat of inflation remains low
Powell reiterates that the Fed will keep rates low for the foreseeable future and calls on the government to spend more, says there is no threat of imminent inflation. Good statements to hear in light of recent hand-wringing and pearl-clutching over the threat of inflation.
WASHINGTON—The Federal Reserve will continue bolstering the U.S. economy through low interest rates and hefty asset purchases, Chairman Jerome Powell said Wednesday, stressing that the labor market remains...
Tesla buys $1.5 billion in Bitcoin
Tesla acquired $1.5 billion in Bitcoin, and appears to have done so before CEO Elon Musk tweeted various comments in support of this cryptocurrency and others and encouraging them to buy. The price of Bitcoin has climbed subsequent to his comments.
Tesla announced Monday it has bought $1.5 billion worth of bitcoin. In a filing with the Securities and Exchange Commission, the company said it …
Still not sure how Bitcoin works?
Wondering what Bitcoin is, how it works and the real dangers and downsides of investing in it? This explainer runs through the biggest issues with the digital currency.
Bitcoin is one kind of digital currency or cryptocurrency, a medium of exchange that exists exclusively online. The currency broke into mainstream …