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'A lot of people have compared this to Lehman. I would compare it to Enron': Larry Summers comments on FTX bankruptcy

‘A lot of people have compared this to Lehman. I would compare it to Enron’: Larry Summers comments on FTX bankruptcy

By adminPosted on November 11, 2022

Former U.S. Treasury Secretary Larry Summers is likening the collapse of troubled cryptocurrency exchange FTX to the meltdown that engulfed Houston-based energy company Enron two decades ago. In an interview Read more

Stock buyers are still too bullish for the bear market to end

The stock market can make you a lot of money, but to be Forbes 400 rich you’ll need to do this first

By adminPosted on November 5, 2022

If you think the stock market is the ticket to membership on the Forbes 400 list of the richest Americans, you are mistaken. In fact, most of the ultra-rich are Read more

Home buyers are looking a lot older — and whiter

Home buyers are looking a lot older — and whiter

By adminPosted on November 4, 2022

The characteristics of first-time home buyers are shifting as homeownership grows more unaffordable and out of reach for many, the new annual report says. The share of first-time buyers in Read more

'Help is on the way': Need to speak to someone at the IRS about your taxes? It's about to get a lot easier, IRS commissioner says

‘Help is on the way’: Need to speak to someone at the IRS about your taxes? It’s about to get a lot easier, IRS commissioner says

By adminPosted on October 28, 2022

The Internal Revenue Service has hired 4,000 people to help pick up the phone, speak with puzzled taxpayers and assist with other customer-service issues during the upcoming tax season, the Read more

How to prepare for a recession when you don't have a lot of money to spare

How to prepare for a recession when you don’t have a lot of money to spare

By adminPosted on October 25, 2022

Low- to moderate-income Americans walloped by higher prices and economic insecurity may have darker days ahead.  Many economists and executives are predicting a recession within the next year — if the U.S. isn’t in one Read more

IRS sets new 401(k) limits --- investors can save a lot more money starting in 2023

IRS sets new 401(k) limits — investors can save a lot more money starting in 2023

By adminPosted on October 21, 2022

Days after the Internal Revenue Service announced big inflation-related bumps to tax brackets and standard deduction payouts for 2023, the tax agency is announcing sizeable increases in the amounts of Read more

IRS sets new 401(k) limits --- investors can save a lot more money starting in 2023

IRS sets new 401(k) limits — investors can save a lot more money starting in 2023

By adminPosted on October 21, 2022

Days after the Internal Revenue Service announced big inflation-related bumps to tax brackets and standard deduction payouts for 2023, the tax agency is announcing sizeable increases in the amounts of Read more

Three things the best 401(k)s offer that can help you save a lot more

Three things the best 401(k)s offer that can help you save a lot more

By adminPosted on October 17, 2022

This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it Read more

Weekend reads: The Federal Reserve gets a lot of flak for inflation, but it has actually hit its target recently

Weekend reads: The Federal Reserve gets a lot of flak for inflation, but it has actually hit its target recently

By adminPosted on October 14, 2022

The U.S. stock market benchmark rebounded from a steep loss on the day when the government published hot inflation numbers. The S&P 500 Index ended Thursday with a 2.6% gain Read more

Weekend reads: The Federal Reserve gets a lot of flak for inflation, but it has actually hit its target recently

Weekend reads: The Federal Reserve gets a lot of flak for inflation, but it has actually hit its target recently

By adminPosted on October 14, 2022

The U.S. stock market benchmark rebounded from a steep loss on the day when the government published hot inflation numbers. The S&P 500 Index ended Thursday with a 2.6% gain Read more

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