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Week in Review Asian equities were mostly higher this week as the US Fed paused interest rate hikes, the PBOC made multiple cuts to key lending rates, policymakers hinted at more stimulus, and China released May economic data that was largely in line with expectations. The electric vehicle ecosystem continued…
Recap from April’s Picks On a price return basis, the Dividend Growth Stocks Model Portfolio (-2.3%) underperformed the S&P 500 (+0.4%) by 2.7% from April 27, 2023 through May 23, 2023. On a total return basis, the Model Portfolio (-2.1%) underperformed the S&P 500 (+0.4%) by 2.5% over the same…
After five years of budgeting intentionally, doubling our income, and paying down $300,000 of debt, my husband and I saved enough for retirement by the time I was age 37 and he turned 40. This means that we have enough money invested in our retirement funds. We no longer need…
There have been many schemes to avoid paying taxes. The IRS has, for years, included these schemes and the related frivolous arguments as part of its Dirty Dozen list, reminding taxpayers “that time and again, these arguments have been thrown out of court.” The U.S. Tax Court recently heard yet…
Founded in 2014 by Purna Khatau and Phoebe Vickers, clothing and lifestyle brand Rhode is having a moment. Fun and vibrant, each piece has a causal yet polished look to it. A celebrity favorite, these brightly printed, vintage-style dresses have been worn by everyone from Beyoncé to Rihanna, Khloe Kardashian,…
The suspension of federal student loan payments that began in the early days of the COVID-19 pandemic is soon coming to an end. More than three years after payments were paused and interest rates on the loans were reduced to 0% in March 2020 during the Trump administration and extended…
Small business owners are concerned about the economy for the 17th month in a row, according to a National Federation of Independent Business (NFIB) report released Tuesday. Inflation was the biggest problem for 25% of small business owners in May, up two points from April. Concern about labor quality followed…
Market Movers rounded up the best reactions from investors and analysts on Nvidia . The experts, including Jim Cramer , discussed the chipmaker after Morgan Stanley named Nvidia its top artificial intelligence pick over AMD . Joseph Moore, the analyst who made the call, is also hiking his price target…
The Supreme Court is expected to issue a ruling on the Biden administration’s student loan forgiveness plan this month. That decision will play a role in shaping the financial futures of 40 million Americans.If the justices greenlight President Joe Biden’s relief, many borrowers will immediately get $20,000 of their student…
As millions of Americans head to airports for the Juneteenth holiday weekend, many are facing serious travel headaches — including hundreds of flight cancellations and thousands of delays. The Federal Aviation Administration had imposed a ground delay program at Newark Liberty International Airport — which had a delay of more…