JPMorgan Chase CEO Cautions: Brace for Inflation, Economic Hurdles Ahead

JPMorgan Chase CEO Jamie Dimon has issued a stark warning about the global economy, cautioning against inflation and highlighting geopolitical threats. The Sobering Address In a sobering address at the 2023 New York Times DealBook Summit, JPMorgan Chase CEO Jamie Dimon sent waves through Wall Street, cautioning that the specter of a recession looms and […]

Economists at Odds Over U.S. Economic Outlook, Warn Relief May Be Temporary

The annual American Economic Association meeting left leading economists treading lightly into the New Year.  A Meeting of the Minds After the annual American Economic Association meeting, top economists are left battling their short-term optimism vs. their long-term concerns.  A Look at Last Year At last year’s conference, analysts were caught up in the unanticipated […]

Democrats Shake Up Worker Classification Rules – Gig Economy, Construction, Restaurants, Healthcare, and Transportation Brace for Impact

Biden’s new regulation has contractors and companies alike questioning how it will affect their jobs. Read below to see if your classification will change. Biden’s New Regulation The Biden administration recently announced a new rule intended to change how businesses categorize their employees.  The Affected Industries This might have an impact on a number of […]

Shoppers Hide Economic Woes Behind ‘Affordable Luxuries’ Splurge: Fancy Coffees and High-End Skincare Provide Comfort

As economic uncertainty looms, consumers are shifting towards smaller indulgences labeled as “affordable luxuries.” Stepping into 2024 As we step into 2024, consumer behavior is shifting. While 2023 witnessed an unexpected surge in spending that helped prevent an impending recession, experts suggest we might see a dip in spending this year.  “Little Luxuries” In the […]

Confused by Job Growth Buzz? Look to Healthcare, Tech, and Service Sectors

Indeed stats show while job postings decreased in 2023, they continue to surpass prepandemic levels.  No Easy Task Finding a new job in 2023 was no easy task due to various global and economic shifts. But even so, employers found themselves with much less open positions than they kicked off the year with.  Postings Increase […]

Navigating Social Security Changes to Safeguard Your Retirement Spending

Understanding how Social Security changes affect your retirement spending is crucial for ensuring financial stability in your golden years. Stay informed and safeguard your retirement funds with smart strategies. A Look Back, A Look Forward 2023 saw considerable spending among older Americans, driven by an increase in Social Security incomes, while the upcoming year will […]