Page 25 - Fi Reference News Today

A fiduciary must act in the best interest of a client or customer. Attorneys, bankers, and company board members are all examples of fiduciaries.

When interest rates fall, income-seeking investors need new options. These six assets offer the best returns at varying degrees of risk.

A unit investment trust (UIT) is a type of investment that offers a fixed portfolio of stocks, bonds, and other assets for a set period of time.

The consumer price index (CPI) measures inflation and is a vital economic indicator with broad influence on financial decision-making and government economic policy.

A real estate contract outlines the terms and conditions of the sale. It's important to understand the consequences of canceling one.

A K-shaped recovery describes an economy on the upswing in a split way: certain industries and individuals thrive and others remain in a recession.

Daylight is a mobile banking platform that serves the LGBTQ+ community. The Daylight Account is a checkless bank account with a debit card.

A municipal bond is a type of bond issued by a state or municipality to help fund necessary public works projects.

A backdoor Roth IRA is a completely legal strategy for high-income taxpayers to avoid the Roth's income limits.

A stock market correction is a brief dip of 10% to 20% that occurs to correct artificially inflated stock prices and unsustainable growth.