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January 2, 2024
Our Federal Reserve doesn’t control events around the world, like a ship being stuck in the Suez Canal, or the current Red Sea geopolitical aggression, which can impact our inflation rate or how much money companies or individuals earn. The world changes. What was it like going to a concert 60 years ago? This will give you an idea. Concerts have become huge moneymakers. Along those lines, but in a different industry, the Financial Times reports that JPMorgan took almost a fifth of total U...
December 29, 2023
“What do you call a gal who’s had too much to drink? A cab.” Of course, anyone who’s been drinking should stay away from California’s 40-foot waves. Drinking too much has its consequences, either when you’re doing it or the next day, and under the “Big Brother marches on at the expense of privacy” heading, in Brazil, Burger King says it's doling out "Hangover Whoppers," using facial recognition to determine whether...
December 28, 2023
If someone reports their company for tax evasion in the U.S., he or she will receive 30 percent of the amount collected. Have you ever loaned someone money and had them not pay you back? Here’s one thing that you can do to them (IRS’ 1099-C). While we’re on the general topic, despite strong retirement savings, Fidelity Investments' Q3 2023 analysis reveals a surge in hardship withdrawals and 401(k) loans, addressing short-term financial challenges. By the numbers: 3 ...