In the face of looming uncertainty surrounding the Federal Reserve’s interest rate decision in September, more investors are turning towards dividend stocks. This strategic move is backed by the belief of Paul Baiocchi, the chief ETF strategist at SS&C ALPS Advisors, who foresees the Fed easing rates. Baiocchi emphasizes that investors are reallocating their assets
Minnesota Gov. Tim Walz shared a personal story at the Democratic National Convention to highlight the crucial role that Social Security survivor benefits played in helping his family after the death of his father when he was just 19 years old. This type of financial support allowed his mother and younger brother to maintain their
Affordable housing is a critical issue that Vice President Kamala Harris seeks to tackle with her proposed economic policies. Her plan involves measures to reduce the costs associated with both owning and renting a home in the United States. One of the key components of her proposal is the construction of 3 million new housing
Recent years have seen an increase in enforcement efforts by the federal government when it comes to seriously delinquent tax debts. The IRS and Treasury Department are required by federal law to notify the State Department when an individual has a tax debt exceeding $62,000 in 2024, which includes federal tax liabilities, penalties, and interest.
Boeing faced a significant setback when NASA announced that the Starliner capsule would be returning from the International Space Station without the astronauts it delivered in early June. This decision marked a dramatic shift from their original plans, as the capsule was intended to be the primary choice for returning the crew. The test flight,
Federal Reserve Chair Jerome Powell recently hinted at a potential interest rate cut, signaling a significant shift in monetary policy. This news has left many investors wondering how to navigate their investment strategies in light of this impending change. Financial advisors are weighing in on the potential impact and what adjustments, if any, should be
In a recent data breach, background check company National Public Data, owned by Jerico Pictures Inc., reported that over 2.7 billion personal records may have been exposed. The breach included sensitive information such as Social Security numbers, names, email addresses, phone numbers, and mailing addresses. A third-party bad actor gained unauthorized access to the data
Financial advisors suggest that maximizing your 401(k) contributions for the year 2024 might not be the best move for everyone. While the contribution limit has increased to $23,000 for employees, with an additional $7,500 for those over 50, there are several factors to consider before reaching this limit. It is important to carefully evaluate your
The Biden administration’s decision to resume offering free at-home Covid-19 tests to American households in late September comes at a crucial time as the virus continues to gain a stronger foothold in the U.S. this summer. Through COVIDtests.gov, Americans will have the opportunity to request four free tests, providing them with a vital tool in
Federal Reserve Chair Jerome Powell recently addressed the looming possibility of interest rate cuts in the near future at the Fed’s annual retreat in Jackson Hole, Wyoming. Powell emphasized the need for policy adjustments, signaling a shift in direction for the central bank. Despite acknowledging the challenges ahead, Powell refrained from providing specific details regarding