US News August 27, 2023 9 Middle-Class Money Traps That Keep You From Being Wealthy According to the Pew Research Center, approximately half of all American households are considered to be part of the middle class. This equates to roughly 165 million people. T… Read Full Article
US News August 27, 2023 6 Big Shakeups to Social Security in 2023 Social Security will be seeing a lot of changes this year, many of them tied to the biggest cost-of-living adjustment (COLA) in more than 40 years. The new COLA will impact payments… Read Full Article
US News August 27, 2023 How the Fed Impacts Our Personal Finances n personal finance, the conversation often focuses on things within our control including: spending habits, how much we invest, etc. However, it’s also important to recognize t… Read Full Article
US News August 27, 2023 U.S. consumer sentiment slips slightly in August By Safiyah Riddle Aug 25 (Reuters) – U.S. consumer sentiment fell modestly in August, as inflation expectations worsened slightly, a survey showed on Friday. The Uni… Read Full Article
US News August 27, 2023 The debt supercycle that hit the U.S. and Europe has now come for China The 2008 financial crisis in the United States kicked off a debt supercycle, which spread to Europe in 2010 and has recently engulfed many of the world’s low-income and lower midd… Read Full Article
US News August 26, 2023 My inherited investment accounts have lost $28,000. Can I liquidate them and take a tax write-off? Dear Tax Guy: My mother passed away in first quarter 2021, leaving me a designated beneficiary brokerage account and an IRA account. The total amount of these accounts invested in… Read Full Article
US News August 26, 2023 Supreme Court agrees to hear case on taxing paper profits. It could be a $300 billion ruling. Can the government levy taxes on unrealized wealth and paper profits if the owner never turned the gains into actual income? The Supreme Court agreed to weigh in on the matter when i… Read Full Article
US News August 26, 2023 Mortgage rates reach highest level since 2001 and are likely to go higher, Freddie Mac says A strong U.S. economy is pushing mortgage rates up, Freddie Mac says U.S. mortgage rates increased for the fifth week in a row, with the 30-year reaching the highest level since 200… Read Full Article
US News August 26, 2023 Alabama wants to be the first state to execute a prisoner by making him breathe only nitrogen Alabama is seeking to become the first state to execute a prisoner by making him breathe pure nitrogen. The Alabama attorney general’s office on Friday asked the state Supreme Cou… Read Full Article
Iraq August 26, 2023 Sudanese Adviser: Iraq Is In A State Of High Economic Stability Earth News / Prime Minister Mazhar Mohammed Saleh’s economic adviser said on Saturday that Iraq is living in a high state of economic stability. Saleh told Earth News that “the cou… Read Full Article
US News August 26, 2023 ‘I grew up dirt-poor’: I am 43 and have $2.5 million in stocks and an IRA. Can I retire early? Dear Quentin, I have $2 million in stocks, mutual funds and exchange-traded funds, $500,000 in retirement funds and $250,000 in cash. I have no debt other than two properties valu… Read Full Article
Iraq August 25, 2023 Al-Alaq and the World Bank delegation discuss “banking reform” {Economic: Al Furat News} The Governor of the Central Bank, Ali Al-Alaq, received today, Thursday, a World Bank delegation headed by Mr. Farid Belhaj, Vice President of the Bank f… Read Full Article
US News August 25, 2023 At least 5 people dead after storms rip through Michigan By Kanishka Singh (Reuters) – At least five people died and hundreds of thousands were left without power when a tornado and severe thunderstorms ripped through Michigan o… Read Full Article
US News August 25, 2023 ‘I lost bidding war after bidding war’: If interest rates are so high, why have house prices not declined? A ‘hellish’ imbalance in the housing market is frustrating buyers The housing market is out of whack. The process of buying a home can be painful, and the unpredictable and counter… Read Full Article
US News August 25, 2023 Jackson Hole: Read Fed’s Powell speech saying inflation not dead yet ‘We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we are confident that inflation is moving sustainably down toward ou… Read Full Article
US News August 24, 2023 How to protect yourself financially in case of a natural disaster A lesson from Maui’s devastating fires While the cause of Maui’s heartbreaking fire remains under investigation, this much is clear: It will forever be remembered as one of the… Read Full Article
US News August 24, 2023 High Prices, Expensive Loans and Tight Credit Plague ‘Gridlocked’ Housing Market In residential real estate, it’s not a buyer’s market or a seller’s market: it’s pretty much nobody’s. The housing market is in a state of “gridlock,” according to mortgage… Read Full Article
US News August 24, 2023 More Than 1 Million U.S. Homes Are Standing Vacant About 1.3 million homes in the U.S. stood vacant in the third quarter, representing 1.3%, or one in 79 residential properties.1 KEY TAKEAWAYS 1.3 million residential properties… Read Full Article
US News August 24, 2023 Yellen says the U.S. economy is on track for stable growth thanks to Inflation Reduction Act boost Treasury Secretary Janet Yellen said the Inflation Reduction Act has helped continue to strengthen the labor market. Yellen said the Biden administration will focus on reducin… Read Full Article
US News August 24, 2023 The 15 U.S. cities with the highest cost of living—San Francisco isn’t No. 1 New York’s Manhattan borough is the most expensive place to live in the U.S. by a wide margin — the cost of living there is more than double the national average. Living costs in Manha… Read Full Article
