–One investor in The Walt Disney Company is going after the House of Mouse after the entertainment behemoth unrelentingly condemned Florida's parental rights law. In a 22- page lawsuit filed Friday, Kenneth Simeone demanded Disney turn over its internal records about its opposition to a law many on the left and in the media mischaracterized as the "Don't Say…

Medicare is an essential element of any successful retirement. Yet, it is often poorly understood. For example, those who have been getting Social Security disability benefits for 24 months can apply for Medicare.

LOS ANGELES– A San Bernardino County woman has pleaded guilty to a federal criminal charge for her involvement in an investment fraud scheme that caused more than $2.6 million in losses to investors, the Justice Department announced today. Sharief Deona McDowell, 57, of Loma Linda, pleaded guilty Tuesday afternoon to one count of wire fraud.

The Federal Reserve recently announced on Wednesday an additional increase of. 5% in their federal funds rate. The Federal Reserve's monetary policy refers to its efforts to influence the supply and demand of money to promote economic stability. Monetary policy is a set of tools used by the Federal Reserve that determines how much money is available in the…

The Federal Reserve downshifted its rapid pace of interest-rate hikes while signaling that borrowing costs, now the highest since 2007, will rise more than investors anticipate as central bankers seek to ensure inflation keeps cooling. The Federal Open Market Committee raised its benchmark rate by 50 basis points to a 4.25% to 4.5% target range.

More Americans say their financial situation is worse than a year ago and don’t expect it to improve in 2023, according to the New Year’s Resolutions Study from Allianz Life.

The Federal Reserve is expected to raise interest rates by half a percentage point on Dec. 14, 2022, to a range of 4.25 to 4.5%, which would be the seventh increase this year. But even as the U.S. central bank continues to lift rates– and plans to keep doing so in 2023– homebuyers are beginning to notice a pleasant surprise: Mortgage rates have been falling.

Experts are divided about whether the Federal Reserve's interest-rate increases will cause a recession. We are seeing a new regime "play out in persistent inflation and output volatility, in central banks pushing policy rates up to levels that damage economic activity, rising bond yields and ongoing pressure on risk assets," according to a commentary from…

The 2022 Trends report counted two main strategies as sustainable investing: ESG incorporation–applying various ESG criteria in investment decision-making and portfolio construction–and filing shareholder resolutions on ESG issues.

As you go through life, you will likely have long-and shortterm financial goals. But how will your strategies for meeting your long-term goals differ from those needed for your shortterm ones? If you're like most people, your biggest long-term goal is achieving a comfortable retirement.

President Joe Biden's going after 401 retirement accounts, risking millions of workers' comfortable retirements. If you put money into a 401, beware. But on Nov. 22, Biden's Labor Department announced a rule change that goes into effect the end of January.

If you own stock outside a tax-deferred retirement plan, you can sell your under-performing stocks by Dec. 31 and use these losses to reduce any taxable capital gains. If your net capital losses exceed your gains, you can net up to $3,000 against other income such as wages. Losses over $3,000 can be used in future years.

In 2022, we’ ve lived through high inflation, stock market lows, housing market frenzies and ongoing Federal Reserve rate hikes. This, coupled with housing shortages, has driven the national median price of homes above $400,000 for the first time, according to the National Association of Realtors. Homeownership may still be an attainable goal, but you might have…

Courtesy of: Greg Gangas Branch Name: Morgan Stanley Tulsa Oklahoma Phone Number 918-744-4644 Social Security Benefits: It Can Pay to Wait Maximizing your Social Security retirement benefits can help you achieve other financial goals. If you've built a healthy nest egg for your retirement, you may not be relying on Social Security benefits to cover expenses…

The Fed has boosted the federal funds rate six times so far this year, by a total of 3.75 percentage points. The Federal Reserve responded by raising interest rates. Harvard economist Larry Summers, a former Treasury secretary, notes that every time in the past 65 years that inflation stood above 4% and unemployment stood below 5%, recession followed within two…

Dear Dave: I use a debit card for all my regular, day-to-day purchases. However, I use a credit card for plane tickets, big-ticket items or when I shop online because someone told me it's easier to dispute purchases when they're made with a credit card. Dear Wendy: I don't know who this "someone" is, but they're a lousy financial adviser.

More than two-thirds of American investors (67%) feel like their financial safety net has been taken away from them as a result of the events of 2022, up drastically from 47% of people who said so one year ago.