By David Lawder WASHINGTON (Reuters) – The U.S. Treasury said it can now meet the federal government’s payment obligations after a debt ceiling suspension, following earlier warnings that it would run short of funds on Monday if Congress failed to act. “Now that Congress has acted to suspend the debt…

The FDIC has issued final regulations that, as of April 1, 2024, will change how bank accounts held in the name of a trust will be insured. This rule change treats both revocable and irrevocable trust the same for determining the limits on insurance. Often clients do not think about…

For the longest time, the China payments market was an oligopoly of the privileged three: first the state-owned UnionPay, and then as the country transitioned to mobile payments, Alipay and Tenpay. U.S. card giants like Visa V , Mastercard MA and American Express AXP as well as PayPal PYPL could…

Investors are constantly bombarded with conflicting information on debt, in small soundbites without much additional context. If you scour the internet for influencers’ takes on debt, you’ll see two major schools of thought: 1. Debt is evil. You must do everything you can to eliminate debt and get out from…

According to NextEarningsDate.com, the Adobe next earnings date is projected to be 6/15 after the close, with earnings estimates of $3.53/share on $4.78 Billion of revenue. Looking back, the recent Adobe earnings history looks like this: The company has an impressive long-term earnings per share chart: And with equally impressive…

As private colleges and universities struggle to increase their enrollment and improve their financial situation, they continue to increase their tuition while also increasing the amount that they discount the price. The latest report from the National Association of College and University Business Officers (NACUBO) indicates that 91% of new…

A piece published by the American Bar Association’s Senior Lawyers Division reports on the international conference of the Alzheimer’s Association. The Division consists of lawyers over age 50. Health is a topic of interest to this group, of which I’m a member. A part of the conference focused on a…

If you are an American taxpayer who lives and works out of the U.S., you have about two more weeks to file your 2022 federal income tax return. Those taxpayers, including U.S. citizens and residents abroad, face a due date of Thursday, June 15. June 15 Deadline The June 15…

When you’re watching your favorite mystery show, you often have to follow the money to find the motivation for the plot. The best espionage or bank heist plot almost always revolves around the money trail, and as the viewer you need to follow the money to get to the bottom…

Real estate investors and developers have been concerned in recent months about the direction of rents. Rents on multifamily apartments as well as rental homes and townhomes peaked after the massive and clearly-unsustainable rates of increase of the prior two or three years, underwent a short correction, and now appear…