Key takeaways Access to capital is one of the many financial challenges minority-owned businesses face. Business grants are a great option for minority-owned businesses since…
Key takeaways Net worth is a measure of wealth that is calculated by subtracting your liabilities from your assets. Assets might include things such as real estate, stocks or retirement accounts, while liabilities would include…
Key takeaways Variable annuities can provide steady income later on in retirement with the money growing tax-deferred. The returns on variable annuities depend on the market performance of the underlying investments. Variable annuities are complex and come with substantial drawbacks, such as high fees and limited liquidity. A variable annuity…
What if, this whole time, the rising cost of college was wrapped within a fairly simple catch-22: More federal funding helps students afford school — but it also causes higher sticker prices for everyone. It’s an argument that Tom Graf, the longtime executive director of state-based lender MEFA, can understand,…
President Donald Trump on Monday defended the country’s 10% stake in Intel, slamming critics of the deal in a morning social media post. “I PAID ZERO FOR INTEL, IT IS WORTH APPROXIMATELY 11 BILLION DOLLARS,” Trump wrote on Truth Social ahead of the opening bell on Wall Street. “All goes…
Data shows that tariffs, inflation and a possible recession are on the minds of American consumers — and for good reason. All you have to do is catch the headlines to know why. With all the financial strain, some of us will look to a personal loan to get through…
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Key takeaways Though 529 plans offer the benefit of tax-free gains, they have some drawbacks. Investment options can be limited, and the fees can be high. While you have some flexibility in using unneeded funds,…
