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A small group of technology stocks may be powering the stock market higher, but investors have continued fleeing equity funds in the first five months of 2023 in favor of fixed-income alternatives, according to LSEG Lipper data. An estimated $114.3 billion was pulled from conventional equity funds this year through…
Every year it’s the same sad story: Social Security’s Trust Fund is running out of money. Spoiler alert: It doesn’t have to be that way if Congress stops kicking the can down the road. What’s missing is the raft of remedies Congress can take now to avoid problems in the…
More than ever, mortgage borrowers are looking for ways to manage the amount of interest they pay. The Federal Reserve has raised the short-term fed funds rate resulting in average mortgage rates to more than double since 2021. In the search for interest relief, borrowers are increasingly looking at their…
A tangible revenue goal that is meaningful to you will help you scale your side hustle without overworking. Here’s the one that worked for me. I started my first business, a retail fashion company, seven years ago while working at a full-time job and going to graduate school on nights…
The iPhone’s pioneering digital assistant, Siri, developed by Stanford University research offshoot SRI International and acquired by Apple in 2010, will no longer require its signature salutation to be summoned to action, it was learned Monday at Apple’s AAPL, -0.76% annual developers conference WWDC in Cupertino, Calif. Instead, according to…
The remote-work revolution gained unprecedented momentum at the start of the COVID-19 pandemic three-plus years ago, and now many companies are eager to bring their workers back to the office. The problem is that the employees often don’t want to come back. Employees — especially younger workers — appear to…
White House press secretary Karine Jean-Pierre on Monday called for all sides to reach a resolution, when she was asked if the Biden administration might intervene in contract talks between union dockworkers at West Coast ports and their employers. “What we see as the best way to move forward is…
Have you ever received a piece of news that instantly transported you into the future and changed the way you saw everything in the present? In mid-March, I was checking in with my wife by phone from a hotel room in Atlanta following the first completed day of my new…
Lance Wallach is an expert on abusive tax transactions – in a good way. He warns people about them and then helps the ones who didn’t hear his warnings or did not take the warnings seriously enough. A couple of weeks ago he called me to encourage me to write…
Almost half-way through 2023, the stock market is outperforming most analysts’ expectations as earnings rebounded nicely and equity indices are mostly positive. The most popular domestic equity benchmark, the S&P 500, is up 9.7% for the year as of May 31st, a solid bounce back from 2022’s 18.1% decline. The…