In the hustle and bustle of modern life, it’s all too easy to fall into a rhythm of mindless spending. We often find ourselves constantly chasing a happiness that always seems just one purchase away. However, recent research conducted by Cigna and Morning Consult in 2022 reveals a startling truth: 58% of U.S. adults feel
Federal Reserve Chair Jerome Powell recently sat down for an interview with “60 Minutes” during which he discussed the central bank’s plan for interest rate cuts this year. Powell emphasized the need for caution and expressed confidence in the strength of the economy. However, he also acknowledged the importance of gathering more evidence before making
Filing taxes has become more expensive in recent years, with tax preparation and accounting fees seeing an 8.3% increase in November 2023 compared to the previous year, according to the U.S. Bureau of Labor Statistics. This rise in costs can be attributed to a growing accountant shortage in the industry. As a result, taxpayers are
McDonald’s, the fast-food giant, has been making headlines in recent quarters for outperforming its rivals in terms of sales growth. However, the company faces the challenge of sustaining its momentum, especially as low-income diners have cut back on their visits. To address this issue and drive more frequent visits, McDonald’s has launched the “Best Burger”
The U.S. stock market is experiencing heightened volatility driven by the uncertain outlook surrounding the timing and extent of interest rate reductions by the Federal Reserve. Despite these challenges, several companies continue to deliver strong performances, demonstrating the resilience of their business models. To identify these companies with attractive growth potential, investors can turn to
The market dominance of Big Tech companies has raised concerns among investors, leading them to consider alternative investment options. VettaFi’s Todd Rosenbluth suggests that the concentration of money in a few stocks within broader ETFs, such as those tied to the S&P 500 or the Nasdaq 100, is making investors uneasy. As a result, many
A group of renters in the U.S. has come forward, claiming that their landlords are utilizing software to impose inflated rent hikes. According to tenants at Portside Towers in New Jersey, which was purchased by Equity Residential in 2019, the management started significantly increasing prices after providing concessions during the COVID-19 pandemic. Allegedly, the software
When it comes to investment advice, seeking guidance from successful individuals is always a wise choice. That’s exactly what Shaquille O’Neal did when he decided to invest in Campus, a thriving online community college startup. O’Neal, a former NBA player with an estimated net worth of over $400 million, turned to none other than Jeff
As we age, there’s truly no place like home. According to AARP, a staggering 77% of adults aged 50 and above aspire to stay in their homes for the long term. However, many individuals are postponing the necessary improvements and upgrades to their homes that would enable them to age in place comfortably. It is
Every year, millions of Americans diligently file their tax returns, but what many of them might not realize is that they are missing out on a valuable credit. The Internal Revenue Service (IRS) reports that in 2022, approximately 23 million taxpayers received a total of $57 billion from the earned income tax credit (EITC), a