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U.S. markets close flat as more positive inflation data rolls in

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Gas prices continued to fall Thursday as the national average reached $3.99 per gallon, falling below $4 for the first time since march, according to AAA. Thursday's rally, however, waned as the day went on, with investors looking ahead to expected interest rate hikes from the Federal Reserve in coming months. "Investors, while they're relieved that inflation is…

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This can be particularly challenging when talking about complicated programs like Social Security, Supplemental Security Income and Medicare. Take a moment to learn a few common Social Security terms and acronyms. Credits: As you work and pay Social Security taxes, you earn credits- previously called "Quarters of Coverage"- that count toward your eligibility…

You probably won't see it on your calendar, but September is Life Insurance Awareness Month. And it is indeed important to be aware of the importance of life insurance. About 40% of Americans face some type of life insurance gap, either because they're uninsured or underinsured, according to a 2021 survey by the research and advocacy groups LIMRA and Life Happens.

Groceries, gas, airfare, car purchases, utilities: In so many areas, your buying power is shrinking as prices continue to rise. Fear can make you want to do something— anything! If you already have a well-diversified portfolio, though, beware of short-term strategies that could backfire, says Michelle Gessner, a certified financial planner in Houston.

Whenever California stares down a pandemic or a possible recession, the partial wage-replacement program is one of the most important economic safeguards for workers. But the benefits have become more difficult for workers to access, due to the program’ s design and decisions made by California’ s embattled Employment Development Department.

With inflation rampaging across the U.S. Economy, USA Today reports, Social Security recipients can expect a 2022 cost of living adjustment of up to 10.5 percent. The best solution to this problem, of course, would be to get America off the government "giving" merry-go-round, including but not limited to the Social Security scam. But until we can figure out how to get…

According to the charging documents, Esposito and co-conspirator Anthony Jay Pignatello conspired between 2012 and 2015 to conceal their control over the Massachusetts- based microcap company Cannabiz Mobile, Inc. and to use backdated promissory notes to fraudulently obtain free-trading shares in the company. They then allegedly arranged for a…

A Lexington native who founded a company once valued at more than $1 billion but later went to prison for fraud is facing new charges. A federal grand jury in Lexington indicted Charles E. Johnson Jr. on Thursday for allegedly giving false information to the U.S. Probation Office, which was supervising him as part of his earlier sentence. Johnson, a Lexington native…

Everyone has heard the terms "will" and "trust," but not everyone knows the differences between the two. Wills and trusts are important tools of estate planning. Name the personal guardian who will care for your minor children and the person who will manage the children's assets.

For many business owners and CFOs, employee benefits can be a challenge that they don’t have the time or in-depth knowledge to handle. This is where teams like ours comes in.

CANTON− A 68- year-old Jackson Township man will spend four to six years in prison for defrauding investors in his radial engine start-up companies. At the conclusion of Charles M. Boulton's plea hearing Tuesday, Stark County Common Pleas Judge Frank Forchione ordered Boulton committed to the Stark County Jail, where he awaits transfer to a state prison,…

Back in the early days of the pandemic, the United States' patchwork of state-run unemployment systems got a real-world stress test— and didn't do very well. And the Federal Reserve is predicting that the unemployment rate will rise soon too. There is some good news for unemployment insurance, or UI, systems across the country, said Andrew Stettner, director of…

–Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has entered into an agreement to acquire Gladstone Wealth Partners, LLC, a pioneering wealth management firm and registered independent advisor with over $13 billion in assets under…

Each month, Seeley, a retired teacher, gets $925 from Social Security and a $287 disbursement from an individual retirement account. To make ends meet, she's taken out a reverse mortgage on her Portland, Maine, home that yields $400 monthly. That's according to a valuable but little-known measure of the cost of living for older adults: the Elder Index, developed by…

—Robinhood Markets said Tuesday it's cutting nearly a quarter of its workforce, as crashing cryptocurrency prices and a turbulent stock market keep more customers off its trading app. The highest inflation in 40 years and sharp hikes in interest rates by the Federal Reserve to combat it have sent prices reeling across all kinds of financial markets,…

The Federal Reserve has raised interest rates to the highest level since 2018. The U.S. economy has shrunk for two straight quarters. Yiming Ma, an assistant professor at Columbia University, says it's not a question of if but when a recession will happen.

Sripetch, a resident of Los Angeles who used the aliases "King Richards" and " Shelby Saint-Claire," pleaded guilty in February. He admitted that he failed to comply with securities regulations requiring that stock offerings be registered with the Securities and Exchange Commission. He also admitted that his relevant conduct included conspiring with his…