Category: Investments

The S&P 500ʻs winning streak ended at two weeks as the benchmark fell 2.4% last week to 4,224 as of the market close on Friday. Geopolitical strife and a rise in the 10-year Treasury yield to over 5% were the major macro causes of the overall drop. Last week marked the first time the Treasury...

A one-time tax rebate will soon start rolling out to eligible Virginians who have filed their 2022 state income taxes. Those who haven’t yet filed their taxes still have some time left to file them to claim the tax rebate checks from Virginia. Such taxpayers have until November 1 to file their state taxes. Was...

Higher-for-longer interest-rate policy has led to some first-time-in-a-long-time market stats. For example, the 10-year Treasury bond yield broke above 5% on Friday for the first time since 2007. However, that’s not the only startling statistic that investors should pay attention to now. Sure, the 5% bond yield is impactful, but there’s another figure that’s bound...

Social Security offers much-needed financial support to most retirees during their golden years. However, Social Security recipients tend to be favorite targets of scammers, who are on a constant look-out for ways to trick retirees into revealing their personal information. Thus, it is extremely vital for retirees to watch out for Social Security scams to...

Dave Ramsey is an American radio personality and personal finance advisor. At 26, he made $250,000 annually and had a real estate portfolio worth $4 million. At 28, he lost everything and filed for personal bankruptcy in September 1988. Today, 63-year-old Dave Ramsey is worth $200 million. He hosts a syndicated radio talk show, The...

Andrew McCollum is an American entrepreneur and computer software engineer with a net worth of $20 million. He is also an entrepreneur and angel investor. He worked with Facebook co-founder Mark Zuckerberg to create the platform. He and Zuckerberg met at Harvard College and worked together from 2004 to 2006. After parting ways with Zuckerberg,...

Jack Patrick Dorsey is an American internet entrepreneur known for founding Twitter. He is also a philanthropist and programmer. Dorsey is the president and CEO of the mobile payments company Block Inc. He is a co-founder and board member of Bluesky, PBLLC. Bluesky is an American social media platform that emerged from Twitter Inc. These...

A lot of stocks that come to market soar on speculation on what they could be, but then they sink when their earnings donʻt follow. However, that is not the case with AssetMark Financial (NYSE:AMK), a company that has generated increasing earnings growth since it went public in 2019 — even though its returns have...

It has been a difficult year for the banking industry as it dealt with a crisis earlier this year that resulted in three major banks going under. While the crisis hit smaller, regional banks the hardest due to deposit outflows, the entire industry felt the pain. Of course, many larger banks navigated the crisis fairly...

The expanded pandemic-era federal child tax credit helped in reducing child poverty. This inspired many states to provide their own version of the child tax credit, and one such state to do so is Utah. Starting January 2024, eligible families in the state will get a child tax credit of $1000 for children ages 1...