Social Security Retirees Get Good News from Trump Administration
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There are millions of older Americans today who would not be able to get by without their monthly Social Security checks. And while the average retirement benefit today is only $2,071, it’s somehow just enough income for some seniors to live on.
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Read MoreHere's the Maximum Possible Social Security Benefit for Ages 62 Through 70 in 2026
The difference between claiming early and waiting could be thousands of dollars per month.
One of the biggest decisions you’ll make in retirement planning is what age to claim Social Security. Few factors can have as big an impact on your retirement budget and how you withdraw from your savings as when you stop working and when you start collecting Social Security.
Federal Reserve expected to hold interest rates steady, defying Trump
The Federal Reserve on Wednesday is set to announce its latest decision on the level of interest rates, marking its first rate move since news surfaced of a federal criminal investigation into Fed Chair Jerome Powell.
The investigation ratcheted up an extraordinary clash between the nation’s top central banker and the White House,
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Read MoreUS stock market: Wall Street set to open higher ahead of US Federal Reserve decision
US stock index futures pointed to a steady open during Wednesday’s session, ahead of the US Federal Reserve’s policy decision due later in the day.
In pre-market trade, three key benchmarks were trading higher. S&P 500 futures rose 0.17%, Nasdaq-100 futures advanced 0.79%, largely led by tech stocks,
Trump taps Kevin Warsh to chair Federal Reserve
President Donald Trump plans to nominate Kevin Warsh to the board of the Federal Reserve as a governor and the next chair of the central bank.
If confirmed by the Senate, Warsh would succeed Jerome Powell, whose tenure as chair ends in May.
Trump announced the nomination in a post on social media Friday morning.
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Read MoreThe Burst
Nvidia’s Stock Split, What Most Investors Are Missing
Almost exactly a year ago, Nvidia executed its sixth stock split since going public back in 1999, a 10-for-1 move that slashed its share price and gave investors a psychological boost.
Six months later, Nvidia stock marched to fresh all-time highs, fueled by a tidal wave of interest in AI and semiconductor innovation.
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Read MoreThe Ivy
Is Buffett’s Favorite Stock Finally a Buy?
Berkshire Hathaway (NYSE: BRK.B) has dipped from its record highs earlier this year, and the pullback has some investors wondering: Is this the beginning of something more serious or a golden opportunity in disguise?
With shares of the B class now trading below the $490 mark, the question becomes not whether the stock is cheap in a traditional sense,
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Read MoreThe Spotlight
Will Ford’s EV Gamble Pay Off?
As we race towards the end of 2024, a full 17 million electric vehicles are projected to be sold, which if realized will translate to a whopping 1 in 5 of all car sales.
With demand for EV’s as strong as ever and competition from Tesla and China’s BYD stiffening, what does the future hold for Ford and its EV strategy?