Americans are worried about the economy. That is why. – Boston Globe

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The question was not about President Biden, whose poll numbers show deep dissatisfaction with his handling of the economy. It was for Jerome Powell, chairman of the Federal Reserve, held at a press conference after the central bank’s decision last week to leave interest rates at the highest level in two decades to further reduce inflation. “I don’t think anybody …

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FSB addresses stablecoin risks in emerging markets

FSB addresses stablecoin risks in emerging markets

The Financial Stability Board (FSB) is taking a closer look at the use of stablecoins in emerging markets. The watchdog group made the announcement after a plenary board meeting in Toronto. “In emerging markets and developing economies (EMDEs), crypto-assets present particular challenges for monetary policy and capital flow management,” the board said. “Members discussed the challenges posed by the relatively …

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Canada is still failing people with disabilities

Canada is still failing people with disabilities

Over the past few weeks, Statistics Canada has done releasing new material covering disability, access and employment in Canada. A report on accessibility in Canada (based on the 2022 Canadian Survey on Disability, CSD) and a related study on the labor market characteristics of people with disabilities carefully critical information about the challenges facing the disability community. While the federal …

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Time to check your spending? Why a mid-year financial reset makes sense

financial check

Sharing is careful! As we reach the middle of the year, it’s an opportune time to assess our financial situation. A mid-year financial reset allows you to review and potentially adjust your money management practices to ensure you are on track to achieve your goals by the end of the year. The need for a mid-year financial health check Conducting …

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Tokenization could provide global markets with more efficiency, according to SEC commissioner – The Daily Hodl

Tokenization could provide global markets with more efficiency, according to SEC commissioner - The Daily Hodl

A US Securities and Exchange Commission (SEC) commissioner says tokenization is gaining traction among blue-chip companies and could provide further efficiencies for global markets and investors. During the SEC’s 30th Annual International Institute for Securities Market Growth and Development, Commissioner Mark T. Uyeda explains how tokenization—the conversion of assets such as securities holdings into digital tokens—can capital markets benefit. “Tokenization …

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I’m Retired and Regret Investing in My 401(k) – Here’s Why

I'm Retired and Regret Investing in My 401(k) - Here's Why

Inside the Creative House / iStock.com When it comes to funding their golden years, most Americans rely heavily on their 401(k) retirement accounts to make it happen. But for 67-year-old retiree Therese R., this widely accepted wisdom doesn’t JUST look. In fact, she has some regrets about dipping so heavily into her 401(k). Here’s why one retiree regrets investing in …

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Antitrust, Market Information and Rental Housing

Antitrust, Market Information and Rental Housing

Some government responses to post-COVID inflation have been frankly demagogic. Blaming inflation on massive, newfound corporate “greed,” as is often done, is perhaps the most foolish of all. When did so many corporations suddenly become “greedy?” Were corporations previously seemingly altruistic? Doesn’t every buyer of a widget try to buy at the lowest price, and doesn’t every seller try to …

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Massachusetts Court of Appeals Broadly Interprets “Joint Employment” to Hold Management Company Liability: 6 Steps to Minimize Your Risk | JD Supra

Fisher Phillips

The Massachusetts Court of Appeals just handed down a decision that significantly expands when an entity can be found to be a “joint employer” of another entity’s employees under state wage laws. The June 13 decision, coupled with guidance from an earlier decision by the Massachusetts Supreme Judicial Court, creates a comprehensive framework you can follow to determine whether you …

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9 cars to stay away in retirement

9 cars to stay away in retirement

Pekic/Getty Images Retirement should be a time when you can finally travel, hit a little white ball around green landscapes and spend quality time with family and friends – not your mechanic. So, especially if you’re on a fixed income, when it comes to cars, you want a reliable ride that’s light on fuel and maintenance costs. “The key for …

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Raging bull market hasn’t peaked yet, says BofA

Raging bull market hasn't peaked yet, says BofA

Stocks have soared to record highs this year on the back of an unexpectedly resilient US economy and a euphoric AI boom. Defying Wall Street’s already buoyant — and still bullish — forecasts, the S&P 500 is up more than 15% year-to-date, while the tech-powered Nasdaq is up roughly 20% as big tech continues grow. Analysts are scrambling to keep …

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Core Scientific CEO secures new employment deal By Investing.com

Core Scientific CEO secures new employment deal By Investing.com

Core Scientific Inc. (NASDAQ:CORZ), a Financial Services company, announced Monday that it has entered into a new employment agreement with Adam Sullivan, who will continue in his role as President and Chief Executive Officer. The deal, effective Thursday, follows Sullivan’s tenure as President beginning May 15, 2023 and as CEO beginning August 2, 2023. Under the new contract, Sullivan will …

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Americans feel more confident about financial goals: Schwab

Americans feel more confident about financial goals: Schwab

According to Charles Schwab’s Modern Wealth survey, nearly two-thirds of Americans feel like they are in a better position to achieve their financial goals than previous generations. Rob Williams, Charles Schwab’s Managing Director of Financial Planning, Retirement Income and Wealth Management, sits down with Alexandra Canal on Wealth! to discuss the reasons why Americans – across all age demographics – …

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