The stock market has started off 2018 with a bang! Why do we continue to see a strong bull market? There is no question the markets are off to a phenomenal start in the first week of the New Year. We last week, we saw three record closes in three days. A number of factors […]
With 2017 almost over, what should we be focusing on in 2018? Amid all of the holiday cheer, it is smart to take some time at the end of the year to take stock of your financial wellbeing, and review things like your retirement accounts, and your insurance needs. Just a few actions can improve […]
Why is bitcoin in the news right now? There has been a surge in interest in bitcoin, especially over the past year, because the value of the digital currency has surged. At the beginning of 2017, a single bitcoin was worth $1,000. Now, the value is floating around $11,000. Today I want to talk about […]
What is net neutrality? When people talk about net neutrality, they are referring to regulations that govern access to the Internet. Net neutrality is the principle that Internet providers should make all content available at the same speed. Current Federal Communications Commission regulations ensure everyone has equal access to the Internet, treating broadband Internet access […]
WE ARE TALKING ABOUT WAYS WE CAN PROTECT OURSELVES DURING THE HOLIDAY SHOPPING SEASON. WHY IS THIS SO IMPORTANT? It’s the first holiday retail season in the wake of the massive Equifax breach, and it is more important than ever to be vigilant when we are shopping for friends and family. Hackers and scammers are […]
The monthly jobs report was released Friday. What did we learn? According to the report, the labor market rebounded in October in the wake of the hurricanes, and continues to be strong. Employers added 261,000 workers last month, and with the number of jobs added in September revised from a loss to a gain […]
Today we turn our attention to tax cuts. What are we hearing out of Washington? We don’t have the final details of the tax cuts the Republican Congress and the White House are pursuing. On Thursday, the House and Senate passed budget legislation by a very thin margin – the vote was 216 to […]
What is going on with student loans and Black borrowers? A few weeks ago, for the first time ever, the U.S. Department of Education released a report on long-term outcomes for student loan borrowers. The findings were also broken out results by race and ethnicity, and according to an analysis by the Center For American […]
The holiday season is fast approaching. But a major retailer, Toys R Us, is struggling. Why? It has been a tough road for this company. They have been in a vicious financial cycle since they were acquired by investors twelve years ago for $6.6 billion. The purchase was a leveraged buyout, meaning the investors took […]
A very important topic – the financial impacts of this hurricane season. What are we looking at here? Obviously, these storms – Harvey, Irma and most recently Maria – have been incredibly destructive and impacted many millions of people across the Caribbean and the United States. The combination of their intensity, the fact that […]
What do we know so far about the Equifax data breach? Equifax says it discovered a massive exposure of information that occurred between the middle of May through July, compromising personal information of as many as 143 million Americans and thousands of Canadian and British consumers. The fraudsters gained access to a wide array of […]