President Joe Biden (Photo by Win McNamee/Getty Images) Getty Images Here’s how to apply for limited student loan forgiveness. Here’s what you need to know. Student Loans The biggest news in student loans over the past month has been the major changes to student loan forgiveness. President Joe Biden and the U.S. Department of Education…
Production of the 2022 Rivian R1T pickup began late this year. Rivian Rivian hasn’t delivered many of its intriguing new electric pickup trucks, but on its second day as a public company saw a 22% spike in its share price that turned the relatively small, but heavily funded upstart, into the second-most valuable U.S. automaker,…
Shirl Penney is CEO of Dynasty Financial Partners, which provides middle- and back-office services, technology, practice-management coaching and capital to a network of independent wealth-management firms across the country. When my colleagues and I at Dynasty Financial Partners started scouting locations for our new headquarters a few years back, we were quickly reminded that there’s…
TIPS won’t do it. If you want to come out ahead, you have to take some risks. Gold mining in Columbia (photo by Edinson Arroyo) © 2021 Bloomberg Finance LP The run-up in prices that the authorities were calling “transitory” seems to be sticking around for a while: 6.2% over the 12 months to October.…
Topline The Indonesian Ulema Council, a top body of Islamic scholars, said Thursday cryptocurrency as a means of payment and a commodity to trade is unlawful for Muslims in that country that has the world’s largest Muslim population, according to multiple reports, a ruling that could affect Muslims’ financial decisions in that country though the…
Take the first step to protecting your money as you age. getty There’s been a growing awareness of a significant risk that retirees face as they age into their 80s and 90s: They may not be capable of managing their money due to forgetfulness, distracting health issues, or diminished cognitive capacity. This makes them vulnerable…
Florida, Sebring, Social Security Administration, federal government agency. (Photo by: Jeffrey … [+] Greenberg/Education Images/Universal Images Group via Getty Images) Education Images/Universal Images Group via Getty Images According to a recent report from the Social Security trustees, the trust fund that pays for retirees’ benefits (OASDI, or Old Age and Survivors Insurance fund) will become…
China Last Night KraneShares Weibo (WB US), the Twitter of China, released Q3 financial results before the US market open this morning. The results beat analyst estimates handily. After Tencent’s weak advertising results yesterday, Weibo’s results are a bit of a shock. Hat tip to management on navigating the macro headwinds. It’s interesting to note…
Getty Images Getty Images Key Takeaways: CPI Report Prompts Concern that the Fed Will Raise Rates Sooner The EV Market Welcomes Another Competitor Commodity Super Cycle Could Change Scope of Equity Markets First things first, I want to start with a Thank You and a Happy Veteran’s Day to all who served. Equity index…
If you’re thinking about gifting, get busy now. getty The official estate and gift tax exemption climbs to $12.06 million per individual for 2022 deaths, up from $11.7 million in 2021, according to new Internal Revenue Service inflation-adjusted numbers. And the gift tax annual exclusion amount jumps to $16,000 for 2022, up from $15,000 where…