Probability is about estimating or calculating how likely or 'probable' something is to happen. The chance of an event happening can be described in words, for example ‘certain’, ‘impossible ...

Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in ...

While Fed Chair Jay Powell won’t cut interest rates today, he is likely to give guidance on what the Fed is watching, what it’s thinking, and what it may do with rates down the road.

Probability or chance is how likely something is to happen. Probabilities are most commonly shown as fractions. The probability of getting 'tails' when you toss a coin is a 1 in 2 chance, or 1/2.