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This month, the U.S. Senate’s Special Committee On Aging held a hearing to address elder financial fraud. It is entitled Fighting Fraud: How Scammers are Stealing from Older Adults. Ranking member Senator Braun stated that Medicare fraud alone cost taxpayers $60B in 2023. The committee thoroughly explored the broad topic…
The U.S. housing market has remained stagnant, with just 25 out of every 1,000 homes changing hands in 2024, according to recent data from real estate firm Redfin. The first eight months of the year marked the lowest turnover rate in at least 30 years, according to Redfin, which conducted…
Mastercard said Tuesday that it’s agreed to acquire Minna Technologies, a software firm that makes it easier for consumers to manage their subscriptions.The move comes as Mastercard and its primary payment network rival Visa are rapidly attempting to expand beyond their core credit and debit card businesses into technology services,…
Saudi Arabia cut its growth forecasts and raised its budget deficit estimates for the fiscal years 2024 to 2026, looking ahead to a period of higher spending and lower projected oil revenues.Real gross domestic product is now expected to grow 0.8% this year, a dramatic drop from a previous estimate…
The number of available jobs in the US grew in August, signaling an undercurrent of strength in the labor market. There were an estimated 8.04 million job openings in August, up from an upwardly revised 7.71 million in July, according to new data released Wednesday by the Bureau of Labor…
This article was written byFollowZvi provides advisory services to companies, trusts, and individuals, including consulting expert services regarding retirement and estate planning. Zvi is admitted to practice law in the state of New York, where he offers cash management, Bitcoin, and Trust Protector services. Zvi is also The Claw of…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseA boy has a crush on a girl and tells everyone how great she is. The girl does not feel the same way and picks another suitor. The boy…
Democrat Tim Walz and Republican JD Vance are set to meet Tuesday night in the only vice presidential debate of the 2024 election – and in what might be the last time the two campaigns square off onstage. The matchup between Walz, the 60-year-old Minnesota governor, and Vance, the 40-year-old…
The self-employed have the potential to earn more, and build wealth faster than a traditional employee, if their business allows. If not managed correctly, though, a solo owner can also find themselves well behind retirement unless they take proper steps to save. This reality was highlighted again with new research…
China stocks rallied to their best day in 16 years, with related U.S. ETFs also soaring after recent economic stimulus buoyed investor optimism in the market.The Shanghai Composite rallied 8.06% in its best day since September 2008, and capping a nine-day win streak for the index. It ended September up…