As Gen Xers start to hit age milestones that grant them penalty-free access to certain retirement funds, it is crucial for them to weigh the pros and cons of tapping into these accounts. With the eldest members of this generation turning 59 this year, they are now able to withdraw money from their IRAs and
When it comes to traditional Detroit automakers, General Motors seems to be the one standing out among the rest. With stable sales and vehicle prices in the first half of the year, GM is expected to report a solid adjusted profit for the second quarter. Wall Street analysts estimate that GM will report earnings of
As the world faces various challenges in today’s socioeconomic landscape, pop music continues to serve as a reflection of the collective sentiments and emotions of society. While data may suggest a positive economic outlook with expanding economies and low unemployment rates, recent hits in pop music paint a different picture. Artists like Taylor Swift and
The first stock favored by top Wall Street analysts is Costco Wholesale (COST), a membership-only warehouse chain that recently announced an increase in its membership fees. Despite the challenging macro environment, Jefferies analyst Corey Tarlowe reiterated a buy rating on COST stock and raised the price target to $1,050 from $860. Tarlowe believes that the
The recent influx of money into small-cap stocks has sparked discussions about investor behavior and market trends. ETF journalist, Dave Nadig, believes that investors are not necessarily shifting from winning growth trades to small caps, but rather are engaging in a diversification trade. According to Nadig, the increased flows into small caps, as well as
The gaming world is buzzing with excitement as Electronic Arts gears up to launch its highly anticipated EA Sports College Football 25. Gamers, both old and new, are eager to experience the revamped version of the beloved college football game. The game’s upgraded features and improved gameplay have fans on the edge of their seats,
As former President Donald Trump secures the Republican presidential nomination, both political parties are eyeing Project 2025, a multi-pronged policy plan created by conservative think tank The Heritage Foundation as a collective effort with more than 100 other right-leaning organizations. If enacted, the plan could overhaul the U.S. income tax system and revamp the IRS,
The latest report on the global population of people with a net worth of $30 million or more revealed an 8% increase in 2023. The data, presented in Altrata’s World Ultra Wealth Report 2024, showed a significant growth, especially in the United States. The report stated that there are now 426,330 individuals classified as ultra-high-net
Recently, the Consumer Financial Protection Bureau (CFPB) proposed a new interpretive rule aimed at regulating paycheck advance programs. These programs, also known as earned wage access, have gained popularity among workers in recent years as an alternative way to access their paychecks before the actual payday. The proposal suggests that such programs should be classified
The recent sentencing of Michelle Mack, the ringleader of a nationwide organized retail crime operation that targeted major retailers such as Ulta Beauty, has shed light on the harsh legal consequences that individuals involved in such criminal activities may face. Michelle Mack, along with her husband Kenneth, received a delayed sentence of five years and