With rising inflation causing a nationwide headache, one of America’s leading finance executives has made some optimistic claims. Fed Winning the Battle? According to Bank of America CEO and chairman Brian Moynihan, a battle is being waged between rising inflation and the Federal Reserve – and the Fed is winning. BOA CEO Makes Bold Claims […]
Millennials Suffer from Investment Scams
Americans aged 30-49 are falling victim to investment scams more frequently than any other age group. This revelation comes from a recent FBI report that shines a light on a troubling trend in the digital age. Increased Vulnerability Among Millennials The FBI’s findings reveal that millennials have reported over 13,000 investment scam complaints. This demographic’s […]
Millennials May Lose Billions with Boomer Inheritance Shift
For some, inheritance might seem like a given, but Boomers are starting to follow trends from prominent figures like Warren Buffett and Sting and are moving away from simply passing down wealth. Baby Boomers, set to pass on $68 trillion by 2030, are exploring alternative options that don’t necessarily include traditional inheritances. Prioritizing Family Harmony […]
L.L. Bean Cuts Jobs and Call-Center Hours as Online Shopping Surges
Another US company, this time the iconic clothing brand L.L. Bean, has declared a round of lay-offs this month. L.L. Bean Layoffs Confirmed Classic American clothing brand L.L. Bean has confirmed incoming worker layoffs and reductions in call center hours, citing the upswing of online shopping as the main driver. Customer Contact on the Decline […]
Gardening Mistakes: 15 Tips That Don’t Save Money
I love to garden. It’s therapeutic, gets me out in the fresh air, and lets me reconnect with nature. But it can get expensive, too. And, while there are plenty of genuine ways to save money on gardening costs, there’s also some terrible advice and “hacks” out there that will ruin your garden and end […]
“Crisis of Caregiving” Spurs New Bill to Support Care Workers
A new bill has been proposed that aims to address the ongoing crisis in America’s long-term care industry. Caregiving Crisis There is a caregiving crisis in the United States, and this week a bipartisan group of lawmakers have introduced a new bill that could directly address the significant shortage of workers in the long-term care […]
Oil and Gas Operators to Pay Premium for Public Land Use
A new rule put in place by the White House and the Bureau of Land Management has rocked the petroleum industry. Higher Rates to Drill on Public Land Oil and Gas companies are now required to pay more to drill on public land, among a number of other industry requirements recently introduced by the Biden […]
A Homecoming Promise: VA’s $3.1 Billion Plan to House 40,000 Homeless Vets
There’s some big policy news coming from Washington as the Department of Veterans Affairs (VA) announced on Thursday a boost to their housing funds in an effort to house over 40,000 homeless veterans. Here are the details. $3.1 Billion Battle Plan The VA has set aside $3.1 billion for its ambitious homeless program, which aims […]
United Airlines Loses $200M Over Boeing Safety Issues
Among ongoing safety and security issues, the world’s foremost aircraft manufacturer is causing concern for some of the biggest airlines in the U.S. Boeing In Trouble Again? It’s blow after blow for Boeing, as the multi-national aircraft manufacturer faces a slate of safety concerns, security issues, compensation payouts, and pending lawsuits this year. Now, they […]
18 States with the Lowest Tax Burden for Retirees
Retirement planning isn’t just about saving—it’s also about stretching those savings. Where can you maximize your retirement funds by minimizing your tax burden? Which states offer the best tax advantages for retirees? #1. Wyoming Wyoming tops many lists for retiree tax friendliness. There’s no state income tax, and retirees benefit from low property taxes and […]