The recent data breach at National Public Data, a background check company owned by Jerico Pictures Inc., has brought to light the exposure of personal information on an unprecedented scale. Reports suggest that over 2.7 billion personal records may have been leaked, with Social Security numbers, names, email addresses, phone numbers, and mailing addresses among
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Federal Reserve chair Jerome Powell recently hinted that a rate cut is on the horizon, marking the first time rates have been trimmed in over four years. This potential shift in policy has left investors wondering about the best course of action to take. Financial advisors suggest that those with diversified portfolios may not need
The Biden administration recently announced that it will be resuming the initiative to provide free at-home Covid-19 tests to American households starting in late September. This decision comes as the virus continues to pose a significant threat across the United States, especially with the rise of new variants this summer. Through the COVIDtests.gov platform, Americans
When it comes to saving for retirement, maximizing your 401(k) contributions can be a smart financial move. However, it’s not always the right choice for everyone. Financial advisors suggest that before you decide to max out your 401(k) plan for 2024, there are several factors you should consider. One of the first things to take
Federal Reserve Chair Jerome Powell recently hinted at upcoming interest rate cuts during his keynote address at the Fed’s annual retreat in Jackson Hole, Wyoming. While he did not provide specific details on the timing or extent of the cuts, Powell emphasized that the Fed’s policy adjustments are imminent and will be influenced by incoming
Over the past decade, top homebuilders like D.R. Horton and Lennar have reported shareholder returns that have outpaced the S&P 500. However, recent downgrades in investment outlook have caused mixed reactions among analysts and investors alike. Despite the challenges, some investors remain optimistic about the industry’s potential for growth and performance. Influential Factors on the
Auction sales during Monterey Car Week fell 3% from last year, as a shift in preferences from older to newer cars has become evident. This change has resulted in a pileup of unsold classics from the 1950s and 1960s. Total sales at this year’s five car auctioneers in Monterey, including RM Sotheby’s, Broad Arrow, Gooding
Remote work has become a significant trend in the U.S. labor market, with economists noting that it has become a major shift in recent decades. According to Nick Bunker, the economic research director for North America at Indeed, the work-from-home revolution is still going strong and is likely to remain a prominent feature for a
Managing taxes in retirement can be a complex process, especially for retirees who have income from various sources such as Social Security, pensions, retirement plans, and other investments. While quarterly estimated tax payments are typically required to avoid IRS penalties, there are lesser-known year-end strategies that can help retirees stay on top of their tax
Philadelphia Federal Reserve President Patrick Harker has made it clear that he fully endorses the idea of an interest rate cut in September. His statement during a recent interview with CNBC at the Fed’s annual retreat in Jackson Hole, Wyoming, leaves no room for ambiguity. Harker’s views point towards a strong inclination towards monetary policy