There is a little-known secret method of getting a student admitted by top colleges and universities. Getting perfect grades and admissions test scores is not enough to get into the most selective colleges and universities. College admissions offices want more than just great academic performance. They want students who go above and beyond. Less than… More
Young woman sitting on the couch shopping online. getty The other day, I was looking for 3 juggling balls to buy. Why? That’s a story for another day, but I thought to myself, where should I go to find juggling balls in Pittsburgh, Pennsylvania. Walmart WMT , Dick’s Sporting Goods DKS , etc.? You might… More
Problems with taxes. Handcuffs and money. Tax evasion concept. getty When my grandmother was with us, I took care of her finances including filing her tax return every year. Her return was very simple, and I usually finished it well ahead of the April 15th deadline. One year, I completed it in early March and… More
Weekly charts are starting to show technical warnings. getty Four of the five major equity averages set all-time intraday highs last week. The Russell 2000 has the largest year-to-date gain but set its all-time high on February 10. The weekly charts are starting to show technical warnings which I explain below. The Dow Jones Industrial… More
Oil pump on a sunset background. getty The U.S. derives its energy consumption from five primary sources: petroleum, natural gas, coal, nuclear, and renewables or green energy. In 1950, U.S. energy consumption was dominated by petroleum and coal. By 2019, nearly 70 years later, petroleum was still number one, natural gas was a close second,… More
U.S. economist Larry Summers speaks during a panel on the second day of the annual meeting of the … [+] World Economic Forum in Davos, Switzerland, Wednesday, Jan. 18, 2017. (AP Photo/Michel Euler) ASSOCIATED PRESS With talk of yet another pandemic stimulus—or bail-out or rescue, depending on your views—concerns have finally stirred among the economic… More
Gas pipe getty The severe cold snap in Texas and elsewhere is creating a dangerous situation. Speaking to family members in Houston and elsewhere, I hear first-hand stories of residents who’ve lacked power or heat for over a day, in extreme cold, and water supplies shut off. Forecasted warmer weather by the end of the… More
Topline Citigroup has lost out on an attempt to retrieve more than $500 million it mistakenly wired last year to a group of companies that loaned money to embattled cosmetics firm Revlon, marking what could be the end to a lengthy saga sparked by a massively costly mishap from one of the nation’s largest banks.… More
NEW YORK, NY – MAY 10: Rihanna launches global lingerie brand, Savage X Fenty at Villain on May 10, … [+] 2018 in New York City. (Photo by Kevin Mazur/Getty Images for Savage X Fenty) Getty Images for Savage X Fenty Fashion, culture and private equity have collided with Rihanna’s successful Savage x Fenty hitting… More
Assessing liquidity in the economy is not straightforward. A relatively new measure is gaining … [+] traction and shows that the U.S. is benefiting from a jump in liquidity not seen in decades. getty Knowing how much money there is in an economy is important for two reasons. On one hand, money is essential to… More
Topline Shares of Twitter are surging to a seven-year high Wednesday after the social media giant reported fourth-quarter earnings Tuesday after the close that blew past analyst expectations, tempering concerns on Wall Street that the firm’s recently booming growth may “implode” as a result of the platform’s decision to ban former President Donald Trump. Twitter… More
One of the most alarming trends I’ve seen in recent years is people taking college debt into retirement. Worse yet, millions are unable to adequately save because of this burden. It’s an economic impediment to progress. There’s a lot they don’t tell you about making college affordable and graduating debt free. They should offer required… More
To have know-how or to have knowledge. Hand turns a dice and changes the word “know-how” to … [+] “knowledge”. getty L. Paul Hood Jr., Director of Giving at the University of Toledo Foundation, Toledo, OH; and, one of the Deans of the estate planning community, recently wrote an article in the NAEPC Journal of… More
One hundred American dollars being printed. Selective focus. Horizontal composition with copy space. … [+] Money printing concept. getty Fed officials talk about how rates will be kept low for the time being. The bond market seems to have other ideas. It’s one of those times when what they’re saying and what the market is… More
Despite everything else going on, here’s some good news: Social Security benefits will be higher in 2021. The raise is due to the cost-of-living adjustment (COLA), which will increase benefits 1.3% this year. For an individual retiring at “full” retirement age, the maximum Social Security check will rise to $3,148 a month in 2021 from… More
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