8 Common Investing Mistakes to Avoid
Investing is by no means always easy and profits are never guaranteed. There are countless books on investing and everyone has different tips and tricks that work for them. Even…
What Happened to First Republic Bank?
First Republic Bank (FRB) became the second-largest bank failure in U.S. history on May 1, 2023, with most of its business sold to JPMorgan Chase after federal regulators seized it.…
Too Much Coffee, Soda May Raise Your Risk of Stroke, but Tea May Lower It
New research has linked drinking more than four cups of coffee a day with a 37% higher risk of stroke. Frequent consumption of carbonated beverages was also linked with increased…
3 More Benefits GLP-1 Drugs Like Ozempic May Provide in Addition to Weight Loss
GLP-1 medications are most often used to treat type 2 diabetes and obesity. However, new research has found that they may have other applications. They may help lower the risk…
How to Join a Credit Union
Joining a credit union requires comparing different offerings, learning about membership qualifications, and funding your account. Unlike banks, which are open to the public, even the best credit unions often…
Cash Management Account vs. Brokerage Account
What Is a Cash Management Account? A cash management account (CMA) is a type of account offered by many financial institutions that combines features of checking, savings, and investment accounts.…
Supreme Court Holds Life Insurance Proceeds Paid to Closely-Held Corporation to Fund Buy-Sell Agreement Increases Estate Tax on Deceased Shareholder’s Estate
In Connelly v. U.S., 144 S.Ct. 1406 (June 6, 2024), the United States Supreme Court upheld an estate tax deficiency of $889,914 in a decision that will impact many families and…
BIOSECURE Act: Anticipated Movement, Key Provisions, and Likely Impact
Last night, the House of Representatives passed the BIOSECURE Act (BIOSECURE or the Act) by a bipartisan vote of 306 to 81. The BIOSECURE Act prohibits federal agencies from procuring…
The latest inflation report keeps the Fed on track for a quarter-point rate cut. Wall Street isn’t satisfied.
A fresh reading on consumer prices is likely to keep the Federal Reserve on track to cut interest rates next Wednesday by a quarter percentage point, disappointing some on Wall…
CPI: Car prices down again in August, with used vehicles down over 20% from recent highs
Car prices kept sliding in August — among the most of any major category in the Consumer Price Index (CPI) over the last year — as vehicle prices move toward…