Powell signals possible Fed rate cut in September Federal Reserve Chair Jerome Powell opened the door to a September interest rate cut, asserting that “downside risks to employment are rising.” U.S. stocks closed lower on Aug. 25 as investors took a breather from record highs last week to wait for chip giant Nvidia’s earnings for
How to control your finances on a tight budget Living on a tight financial budget? That doesn’t mean you can’t take control of your finances. Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able
A union representing 150,000 federal workers faces allegations of financial improprieties at one of its chapters. In an era of mass federal layoffs, here’s why it matters. The labor union that represents more than 450 train engineers for New Jersey Transit walked off the job after contract talks stalled. The labor union that represents more
Most meme coins not under SEC jurisdiction: Peirce Head of the SEC Crypto Task Force and SEC Commissioner Hester Peirce gives her take on meme coins and says the SEC will look at the facts and circumstances, but says most meme coins probably don’t have a home in the current set of regulations. Bloomberg Digital
Ethan Stone | Contributor For high-income earners and business owners, taxes often represent their largest recurring expense. While many financial advisors focus on basic tax strategies, such as tax-loss harvesting, more advanced methods exist that can potentially legally and significantly reduce tax burdens. Judson Gee, Managing Partner of JHG Financial, has built a reputation as