Summer is over, the kids are back to school and now it’s time to focus on your most valuable asset, YOU! For those who are considering a change or are coming into the labor force after an extended break, you will need to invest time and energy in the process.
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I am often asked about the best retirement plans out there for these entrepreneurs and sole proprietors. There are a lot of choices and depending on your circumstances, one may be more appropriate than another.
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The August report bolsters the case for another quarter-point interest rate cut when the Federal Reserve meets on September 17-18. Officials will cite the slowdown in job growth and softening manufacturing data, but will also likely reiterate that the economy remains on solid footing overall.
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During back to school season, parents are focused on helping their children succeed academically, socially and yes, financially. I know talking about money is not easy and not enough schools incorporate personal finance concepts into the curriculum.
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Stocks tumbled on Friday after yet another escalation of the U.S.-China trade war. Sure, it was a low volume August trading session, but like an early win during preseason, it still counts, and it erased what was shaping up to be a winning week.
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A day after Fed Chair Jerome Powell said that trade policy tensions had been reduced to a simmer, President Trump ratcheted up the heat to what cooks might call a “slow boil.” Last Thursday, Trump tweeted that as of September 1, the U.S. would impose a 10 percent tariff on the remaining $300 billion worth of Chinese goods imported into the U.S.
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With all of the campaign talk about “Medicare for All,” it may be worthwhile to review the existing Medicare program, which was enacted more than 50 years ago (July 30, 1965).
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For the first time in a decade, the Federal Reserve is likely to cut interest rates. Citing the “crosscurrents” of slowing global growth, uncertainty over trade policy, and static prices, the central bank will preemptively shave 0.25 percent from the fed funds rate, putting the new range at 2-2.25 percent.
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