Charitable giving has long been essential to creating a better world by enabling donors to support causes by giving to organizations structured under Internal Revenue Code 501(c)3. Effective charitable planning and planned giving are crucial for maximizing the positive impact of these donations. With advances in artificial intelligence and natural language processing, tools like ChatGPT…
EVANSTON, IL – FEBRUARY 17: The facade of The Home Depot store is seen February 17, 2005 in … [+] Evanston, Illinois. The world’s largest home improvement retailer, Atlanta-based Home Depot has formed a hiring partnership with four of the country’s leading national Hispanic organizations: The ASPIRA Association, Hispanic Association of Colleges and Universities, National…
The probability of a recession starting in March 2024 is now at about 65 percent Chart created by Brad Case, PhD, CFA, CAIA based on internal forecasting New data keeps showing a strong and remarkably resilient U.S. economy: Capacity utilization increased by 0.3 percentage points in April to 79.7 percent, very close to the long-term…
Close up of a woman’s hand paying bill with credit card in a cafe, scanning on a card machine. … [+] Electronic payment. Banking and technology getty The Federal Reserve has been raising its short-term interest rate to reduce inflation. The idea is that higher rates will reduce demand for borrowing (i.e. credit), which will…
Summary The guru invested in two new stocks. He sold out of Bank of New York Mellon BK , RH, Taiwan Semiconductor and U.S. Bancorp TBBK . He also added to Apple AAPL while trimming the Chevron CVX position. Berkshire Hathaway Inc. (BRK.A, Financial)(BRK.B, Financial), the multibillion-dollar conglomerate run by Warren Buffett (Trades, Portfolio), disclosed…
U.S. debt default would cause borrowing costs to jump. getty A default on the nation’s debt, if Congress is unable to raise the federal debt ceiling in coming weeks, would boost mortgage rates by at least two percentage points and cause a slump in home sales as costlier financing puts real estate beyond the reach…
Flag of Puerto Rico getty The conventional term for someone like Brian Swanson is tax protester, which Wikipedia defines as someone who refuses to pay a tax claiming that the tax laws are unconstitutional or otherwise invalid. In 1998 Congress forbade IRS from designating people “illegal tax protesters”, but that does not prevent others including…
ANKARA, TURKIYE – JANUARY 18: In this photo illustration, the logos of Microsoft and Activision … [+] Blizzard are displayed in Ankara, Turkiye on January 18, 2022. (Photo by Hakan Nural/Anadolu Agency via Getty Images) Anadolu Agency via Getty Images In January 2022, Microsoft cut a $69 billion deal to acquire Activision Blizzard, maker of…
Comerica (CMA) GC Images Following the failure of First Republic (FRC), regional bank stocks have come under renewed pressure. In The Prudent Speculator’s latest special report, Banking on Value – Revisited, I discuss the latest goings on and separate fact from fiction. I also offer actionable advice from our Value Investing perspective, including three additional…
China Last Night KraneShares Baidu Earnings Overview Prior to the US open, Baidu (BIDU US, 9888 HK) reported first-quarter financial results that beat analyst expectations. Baidu is a good canary in the coal mine as its search business is driven by advertising, which is coming back following the repeal of the zero COVID policy. Revenue…