In May, bond rates for Series I are predicted to drop below 4%.

Inflation-proof and nearly risk-free Series I bonds have seen unprecedented demand over the past year. However, yields have been declining and are expected to continue doing so in May, according to industry experts.

According to the most recent data on the consumer price index, new I bo...

TOTAL 837,000 US CITIZENS FILED FOR NEW UNEMPLOYMENT CLAIMS IN LAST WEEK

Highlights

• According to the report released on Thursday, 837,000 filed or unemployment claims in the last week as compared to 873,000 in the prior week and this number is less than 850,000, which was predicted by the market analysts

• For the fifth consecutive week...

860,000 JOBLESS CLAIMS IN LAST WEEK: THE U.S. DEPARTMENT OF LABOR

Highlights

• Last week’s jobless claims remained below the psychological 1 million mark and this is an encouraging sign

• The federal reserve on Wednesday decided to keep monetary policy loose for the immediate future and also make no changes to the interest ra...