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After months of high interest rates, the economic tides appear to be shifting.Experts largely expect the Federal Reserve to slash interest rates during the central bank’s meeting on Wednesday, a reversal of a rate-hiking policy aimed at taming post-pandemic era inflation.For consumers, declining short-term interest rates will come as a…
If you’ve inherited a pre-tax individual retirement account since 2020, you could face a sizable tax bill without proper planning, experts say. Previously, heirs could take inherited IRA withdrawals over their lifetime, known as the “stretch IRA.”However, the Secure Act of 2019 enacted the “10-year rule,” which requires certain heirs, including…
This article was written byFollowAndrew Hecht is a 35-year Wall Street veteran covering commodities and precious metals. He runs the investing group The Hecht Commodity Report, one of the most comprehensive commodities services available. It covers the market movements of 20 different commodities and provides bullish, bearish and neutral calls;…
Many investors unknowingly make a costly mistake when rolling their money from a 401(k) plan to an individual retirement account: leaving their money in cash.Rollovers from a workplace retirement plan to an IRA are common after reaching certain milestones like changing jobs or retiring. About 5.7 million people rolled a…
Amazon is instructing corporate staffers to spend five days a week in the office, CEO Andy Jassy wrote in a memo on Monday.The decision marks a significant shift from Amazon’s earlier return-to-work stance, which required corporate workers to be in the office at least three days a week. Now, the…
I think there’s a clear argument to be made now to favor bonds over stocks, given we are entering a Fed cutting cycle. And within that? Actively managed bond funds. Why? Because as we transition to a different cycle, I suspect different parts of the bond market will diverge from…
Republican Gov. Mike DeWine of Ohio on Sunday rebuked the false conspiracy theories that have been amplified by former President Donald Trump and his running mate, Ohio Sen. JD Vance, about Haitian immigrants stealing and eating people’s pets in Springfield, Ohio.”This is a piece of garbage that is simply not…
Former president Donald Trump lashed out at pop star Taylor Swift on Sunday, less than a week after the musician endorsed Vice President Kamala Harris.”I hate Taylor Swift!,” Trump posted in all caps on Truth Social, the website owned by the Trump Media & Technology Group.Swift endorsed Harris in on…
ETF Overview iShares MSCI World ETF (NYSEARCA:URTH) tracks the MSCI World Index and owns about 1,400 equities from developed countries around the globe. The fund has an expense ratio of 0.24%. This ratio is not cheap especially compare to many U.S. equities ETFs. However, given the need for URTH to…
If you want your degree to help you land a fulfilling job, consider studying music therapy.The medical and therapeutic fields are among the college majors helping graduates get jobs that make the world a better place, according to graduates surveyed in a recent Payscale report.Alumni with bachelor’s degrees in music…