Why — and How — Are the Wealthiest So Wealthy?
Four researchers studied the causes and consequences of the concentration of wealth in the top 1%. Here are some interesting takeaways from the paper they wrote.
44% of Americans Report Having a Side Hustle Amid Inflation
If you have (or are thinking of getting) a side hustle, you're not alone. But these side hustle statistics — including the average income they generate — may surprise you.
Market Recap Week of 3/20/2023 Through 3/24/2023
Last week, the S&P 500 index rose 1.4% as comments from the Federal Reserve's Federal Open Market Committee sparked hopes for a slower pace of rate increases.
Fed Hikes Rates by a Quarter Point and Indicates Increases May Be Nearing an End
The Federal Reserve increased interest rates by another 25 basis points yesterday, bringing the benchmark rate to a range of 4.7% to 5%.
Market Recap Week of 3/13/2023 Through 3/17/2023
Last week, the S&P 500 index rose 1.4%, recovering slightly from the previous week's tumble. It is now up 2% for the year-to-date, but down 13% for March.
Episode 147 – The Silicon Valley Bank Collapse: How You Can Protect Yourself
In the wake of unexpected bank failures, regulators have raced to contain the fallout in the U.S. banking system. But how will all of this impact the markets? And what can you do to protect yourself (and your money)?
The Biden Administration Has Demanded That TikTok Be Sold
Yesterday, The Biden administration explicitly threatened to ban TikTok from the United States unless the app's Chinese owners agree to sell off their share of the social media platform.
How to Prevent Tax Identity Theft and Safeguard Your Tax Return
It’s critical that you take these four steps to remain well-protected this tax season.