President-elect Donald Trump ran on a platform of deregulation, corporate tax cuts, and policies favorable for business. And following his victory, the stock market captured historical gains. Among the biggest winners were companies in energy, financial services, and industrials. But what other sectors are expected likely to grow under the second Trump presidency? Let’s take […]
The way you save for retirement may take new shape in 2025—and for the better. That’s because major provisions in the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act—a sweeping piece of legislation designed to improve the retirement savings system—will go into effect next year. These include a boost to catch-up contributions for […]
With limited inventory and mortgage rates hovering above 7 percent, prospective homebuyers continue to face a bleak landscape in much of the country. New data from real estate site Zillow, though, shows more than a dozen bright spots. Its most recent market report highlights 13 metropolitan areas where the scales are tipped in buyers’ favor. […]
The holiday season is upon us, and one of the year’s biggest shopping days is here. Black Friday used to be the weekend after Thanksgiving—but it’s already started. Black Friday, with online and retail stores offering door-busting deals, extended shopping hours, and irresistible promotions, it can be easy to spend too much. According to Capital […]
A handful of the nation’s best colleges are racing to boost financial aid to incoming students from families with limited means. On Wednesday alone, the Massachusetts Institute of Technology (MIT), the University of Texas and Carnegie Mellon University announced more generous tuition-free financial aid programs that would, in some cases, completely eliminate the cost of attendance for low- and moderate-income students. […]
Homeownership is a big part of the American dream. For many hopeful buyers, that dream is coming true much later in life than expected. According to a recent report from National Association of Realtors, the median age of homebuyers is 56, a seven-year jump from 2023 and a record high in the 43 years the NAR has […]
Nothing says Thanksgiving like turkey. And if it’s free? Even better. Ahead of the holiday, several grocery chains, including Giant and Albertsons, are running turkey giveaways. In most cases, the turkeys are free only if you spend a qualifying amount at the store before the Thanksgiving deadline. Similarly, some major supermarkets—like Aldi and Walmart—are promoting […]
Most adults 50 and over are looking toward their retirement years, at least in passing. The idea can be frightening for those who haven’t intentionally set aside funds to see them into their golden years. They may lack enough money to do what they’d like or maintain their standard of living. Life expectancy keeps rising, […]
Throughout history, gold and other precious metals have maintained their status as fixtures in the ever-evolving global financial markets. Investors often turn to gold because of its historical role as a hedge against economic and geopolitical uncertainty. Unlike some other asset classes, gold serves as a store of value, retaining its value and purchasing power […]
Stocks have been on an uphill march since we began to exit the financial crisis of 2008–09. Massive monetary and fiscal intrusion into the market was thought needed to blunt the crisis, and even more when the pandemic hit in early 2020. Trillions of dollars buoyed asset values from cars to homes and from stocks […]
As taxpayers and businesses make decisions about where to live and where to set up shop, state tax codes are often a major consideration. But given the complexity of state laws, comparing those differences isn’t always so easy. A new ranking of states’ tax competitiveness by the Tax Foundation, a think tank, aims to simplify […]
As a last resort, many people file for bankruptcy when they are faced with overwhelming debt. In fact, 486,613 people filed for bankruptcy in 2024—up 16.2 percent from the previous year. In addition to 464,553 filings by non-business entities, 22,060 were filings by business entities. However, those nearing retirement or with significant savings wonder how […]
The holiday season can be the very best time of the year. It is often a time of homecoming, celebration, and opportunity to connect with friends and family. However, for many people, the holiday season can also be the most stressful time of the year. There are many reasons for this, but money often tops […]
Paying for college yourself can be daunting, especially when the average student racks up $9,000 to $35,000 in debt each year. While financial experts recommend graduates pay off this overwhelmingly large sum within 10 years, most need more than 20 years to repay what they owe. Meanwhile, some professionals are still working to pay off student loans in their […]
I get that your anxiety is currently at an all-time high. But, as we begin to slowly and patiently recover from the COVID-19 pandemic, it’s time to refocus on retirement. Retirement can be a touchy topic for some of us. But, even before the pandemic, there was a retirement crisis. Unfortunately, it’s only gotten worse. […]
Once you’ve settled down and don’t have to worry about finances, your business, or really anything else—what do you do with your time? You work your whole life investing and preparing for retirement, but what are you even going to do in retirement? Hey, Retired Person—Understand That You Hold the World in Your Hands. Well, […]
Businesses large and small all want to make more and save more. However, saving money is much easier said than done, especially for new companies. There are great habits and tips to help any business save money. In this article, we’ll go over 10 interactive money-saving tips for small business owners. Set Goals and Make […]
