Money News Today
EconomySenate Confirms Kevin Warsh as New Fed Chair in Closest Vote in Modern EraInflationWholesale Prices Rose 6% in April, Pointing to More Consumer Cost Increases AheadConsumer NewsSenate Democrats Push for Floor Votes on 67 CFPB Consumer Protection RollbacksMortgage & Housing30-Year Mortgage Rate at 6.40% on May 14 as Spring Buyers Face Elevated CostsBankingHigh-Yield Savings Accounts Still Paying Up to 5% APY — About Ten Times the Bank AverageEconomySenate Confirms Kevin Warsh as New Fed Chair in Closest Vote in Modern EraInflationWholesale Prices Rose 6% in April, Pointing to More Consumer Cost Increases AheadConsumer NewsSenate Democrats Push for Floor Votes on 67 CFPB Consumer Protection RollbacksMortgage & Housing30-Year Mortgage Rate at 6.40% on May 14 as Spring Buyers Face Elevated CostsBankingHigh-Yield Savings Accounts Still Paying Up to 5% APY — About Ten Times the Bank Average
Wealth Builder DailyWealth Builder Daily

Personal Finance & Investing

Build the Financial Life You Actually Want.

Practical guides on budgeting, debt payoff, and beginner investing — written for real people, not finance professors.

Read the Guides →Get Free Budget Tracker
Today’s Lead Story
Thursday, May 14

Economy

Senate Confirms Kevin Warsh as New Fed Chair in Closest Vote in Modern Era

via CNBC

The Senate voted 54–45 to confirm Kevin Warsh as the 11th chair of the Federal Reserve, replacing Jerome Powell whose term expires May 15. Warsh’s first Federal Open Market Committee meeting as chair is scheduled for June 16–17.

Why it matters

The new Fed chair’s approach to interest rates will shape the cost of mortgages, credit cards, auto loans, and savings accounts for years ahead.

See all today’s storiesRead source

Today in Money

Money news that matters — without the hype.

Quick, plain-language summaries of the latest stories on budgeting, debt, credit, investing, mortgages, inflation, taxes, and side income. Each one comes with a one-line note on why it actually matters for your wallet.

View the Full Daily Money Brief →

For educational purposes only. Not financial, investment, tax, or legal advice. Always do your own research or speak with a qualified professional.

Latest Guides

View all guides →

Recommended Tools

Spreadsheets and guides used by our readers to take real action.

Spreadsheet Tool(most popular)

Debt Payoff Tracker & Planner

The ultimate debt payoff system. Track every debt, compare snowball vs avalanche strategies, and see your exact debt-free date. Used by 800+ people to pay off over $2M in debt combined.

  • —Tracks up to 20 debts simultaneously with auto-calculations
  • —Side-by-side Debt Snowball vs Avalanche comparison
  • —Automatic debt-free date calculator
  • —Monthly payment tracker with progress bar
  • —Works in Google Sheets & Excel — no software needed

Instant Google Sheets + Excel file delivered to your email

$17.00one-time
Coming soon — get notified
Template Pack(most popular)

Complete Budget Planner Bundle

Everything you need to build and stick to a budget that actually works. Includes zero-based budget template, net worth tracker, savings goals planner, and the 8-page Quick-Start Budgeting Guide PDF.

  • —Zero-based budget template (monthly & weekly views)
  • —Net worth tracker with automatic growth chart
  • —Savings goals planner for up to 10 goals
  • —8-page Quick-Start Budgeting Guide PDF
  • —Bonus: 50 money-saving tips cheat sheet

Instant Google Sheets + PDF download delivered to your email

$27.00one-time
Coming soon — get notified
View all tools →

The Newsletter

Get the Free Budget Tracker

Join our weekly newsletter. Practical money guides, no fluff. Unsubscribe anytime.

What Readers Say

“The debt payoff tracker changed how I think about my money. I finally paid off the credit card I had been carrying for three years.”

Lisa M.

Nurse

“Finally a budget template that is simple enough to actually stick to. I have tried ten others and this is the one.”

David K.

Teacher

“I went from zero savings to a real emergency fund. The plain-language investing guides made me feel like I was not missing something obvious.”

Priya S.

Freelancer