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Colliding Forces: Russia, Oil, Inflation, and Market Volatility
The Russian invasion of Ukraine has drawn condemnation and punitive sanctions from the United States, Europe, and their allies. The humanitarian cost of war cannot be measured, and the long-term economic effects…
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Going Green: A Fast-Growing Corner of the Global Bond Market
Green bonds are debt instruments that corporations and governments can use exclusively to finance major climate-related or environmentally friendly initiatives. Global issuance of green bonds reached a record $523 billion in 2021,…
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HOT TOPIC: Rising Rates Join Long List of Housing Dilemmas
Rising Rates Join Long List of Housing Dilemmas Homebuyers braving the hot U.S. housing market have run headlong into a striking transition. The average interest rate for a 30-year fixed mortgage jumped…
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Baseball Lessons That Might Help Change Up Your Finances
Baseball stadiums are filled with optimists. Fans start each new season with the hope that even if last year ended badly, this year could finally be the year. After all, teams rally…
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Is Your Business Eligible for the Research and Development Tax Credit?
Has your business encountered and solved technological challenges in recent years? Maybe you invested in software development, re-engineered manufacturing processes, or performed laboratory testing. If so, your business may be eligible for…
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Where to Look for Lost and Forgotten Money
If you get a call or text regarding unclaimed property that may belong to you, it’s probably from scammers trying to collect information about you and your finances. Many people lose track…
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Working While Receiving Social Security Benefits
The COVID-19 recession and the continuing pandemic pushed many older workers into retirement earlier than they had anticipated. A little more than 50% of Americans age 55 and older said they were…
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Are You Ready to Cancel Your Cable TV?
An explosion in the number and variety of streaming services, coupled with the high cost of cable and satellite television packages, might have you wondering whether it’s time to cut the cord.…
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Planning to Quit Your Job? What to Know Before You Go
About 4.3 million U.S. workers quit their jobs voluntarily in December 2021, after a record 4.5 million quit in November : the largest number since the Bureau of Labor Statistics (BLS) began…
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401(k) and IRA: A Combined Savings Strategy
Contributing to an employer-sponsored retirement plan or an IRA is a big step on the road to retirement, but contributing to both can significantly boost your retirement assets. A recent study found…
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Preparing for Libor to Leave the Building
The London Interbank Offered Rate (Libor) : once called the world’s most important number : is an interest-rate benchmark that has influenced borrowing costs for consumers, businesses, and investors around the world…
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Food Inflation: What’s Behind It and How to Cope
As measured by the Consumer Price Index for food at home, grocery prices increased 3.4% in 2020, a faster rate than the 20-year historical average of 2.4%.1 More recently, food inflation accelerated…
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Help Wanted: Why Can’t Businesses Find Enough Workers?
The headline U.S. unemployment rate fell from 6.7% at the end of December 2020 to 3.9% in December 2021 : the biggest one-year improvement in history.1 While many workers took advantage of…
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When Buying Is Easy, Paying Later Can Be a Problem
If you shop online, you might have noticed a growing number of buy now, pay later (BNPL) services that offer the option to spread out the payments on your purchases. Buyers who…
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Going Public: How Are Direct Listings Different from IPOs?
An initial public offering (IPO) is the first public sale of stock shares by a private company. IPOs are important to the financial markets because they help fuel the growth of innovative…
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Did You Know Medicaid May Pay You as a Family Caregiver?
Each day, millions of parents, children, siblings, and spouses selflessly sacrifice their time and energy to care for family members affected by illness, injury, or disability. Their efforts help meet numerous social,…
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HOT TOPIC: The Fed Pivots to Fight Inflation
The Fed Pivots to Fight Inflation On December 15, 2021, the Federal Open Market Committee (FOMC) of the Federal Reserve System made a significant shift in monetary policy in response to rising…
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Flood Insurance: Be Prepared for Rising Waters and Changing Rates
Water damage to your home from a leaking pipe, a broken dishwasher, or a hole in your roof : water that comes from the top down : is typically covered by your…
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Should You Speed Up Your Retirement Plans?
According to a March 2021 survey, an estimated 2.8 million Americans age 55 and older decided to file for Social Security benefits earlier than they expected because of COVID-19. This was about…
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HOT TOPIC: High Inflation: How Long Will It Last?
High Inflation: How Long Will It Last? In March 2022, the Consumer Price Index for All Urban Consumers (CPI-U), the most common measure of inflation, rose at an annual rate of 8.5%,…