The latest inflation data from the Labor Department showed that price increases continued at a steady pace in February, though some items saw notable price hikes…
A projectile hit a Thai-flagged cargo ship off the coast of Oman in the Strait of Hormuz, setting it on fire. The Iranian regime reportedly claimed responsibility for striking the ship, the Mayuree Naree. The…
Investors are increasingly focused on not just how they invest their money but also how they can optimize their after-tax investment outcomes. Allspring Global Investments is dedicated to helping investors navigate the evolving tax and estate planning landscapes. Concentrated stock positions can create unwanted risk in investors’ portfolios. Despite the…
High oil prices due to the Iran war are pushing gasoline prices higher and that could lead to grocery bills rising for American consumers. Oil prices surged in recent weeks after the outbreak of the Iran war, rising from the $60 to $70 a barrel range for most of February to…
Federal Reserve policymakers are monitoring the conflict with Iran for its potential impact on inflation and consumer prices, as energy prices have jumped since the outbreak of hostilities. Oil prices briefly surged over $100 a barrel amid fears of supply disruptions caused by the conflict with Iran, which threatens to stem…
Key takeaways Buying a second home will effectively double your housing expenses, so consider your overall financial picture carefully first. If you plan to rent out the home to offset some of the cost, be sure to research local regulations and tax implications. If you plan to vacation there, make…
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A looming “silver tsunami” of retiring baby boomer business owners could dramatically reshape America’s small-business landscape. Nearly half of U.S. small-business owners are 55 or older, yet just 54% have a succession plan in place…
