If you tried to describe 2015 on Wall Street to this point, the best word might be ‘volatility.’ We’re not even at the end of July, and the Dow Jones Index has already fluctuated between positive and negative year-to-date numbers 21 times—an all-time record.
But as inconsistent as the American...
The financial story of the summer has been trouble overseas—specifically, a debt crisis in Greece and a market crash in China.
But a story developing this week may have the greatest impact on United States markets and citizens.
As of Monday morning, Puerto Rico officially went into default when the island...
Even experts and investors accustomed to the volatile world of Wall Street had to admit that last week was a particularly worrisome time.
The week started with the markets ending a seven-day losing streak on Monday, as the Dow bounced up 241 points. But the very next day, the index...
Last week, the United States celebrated the 80th anniversary of the ratification of the Social Security Act, the law that created one of the most important government programs in our country today.
The Act was a direct response to the economic disaster of the Great Depression. Unemployment surpassed 25%, forcing...
It has been said for years now that women usually tend to outlive their male counterpart. With the U.S markets standing on shaky ground and global markets starting to stutter, it becomes apparent that rough times are ahead. It’s generally worth the time to take note that 9 out of...
There are many economists and global financial strategists talking about the ever-expanding U.S. debt which is quickly approaching $20 trillion dollars. One of those experts is Peter Schiff, president and CEO of Euro Pacific Capital. He is an investment broker, investor, author, financial commentator, and radio personality. For the...
While Federal Reserve Chairman Jerome Powell believes the U.S. economy is in good shape heading into the 2019 holiday season, top Wall Street firms beg to differ. Powell cited a strong labor market and consistent consumer spending as signs of a healthy economy, although the Fed’s move...
When President Trump signed the SECURE Act into law in December of 2019, saving for retirement received a boost from Washington’s legislators. While some aspects of the law adversely affect seniors and their beneficiaries, the law is seen as a victory for the working class. Similarly to...
