Key takeaways Existing HELOC borrowers can expect their rates to decrease in response to a Fed rate cut, but it may take 1-2 statement cycles.…
The Federal Reserve voted on Wednesday to leave interest rates steady, but officials expect that both inflation and unemployment will rise in the year ahead, paving the way for two rate cuts by the end…
The term de minimis refers to a U.S. customs rule that exempts low-value imports—typically under $800—from tariffs. In 2025, the Trump administration eliminated this exemption for goods from China and Hong Kong. Shipments of up to $800 in goods from these regions now face a 54% tariff or a $100…
Euro Pacific Asset Management Chief Economist Peter Schiff voiced some criticism of the Federal Reserve and sounded the alarm about the economy during an appearance Wednesday on “The Claman Countdown.” Schiff’s comments on the show came not long after the Federal Open Markets Committee (FOMC) wrapped up its latest meeting…
Retirement is a major life decision and the timing can affect more than just your finances. While having enough money is important, other factors—like your health, mental well-being, social life and the type of work you do—also matter. Some research shows that when you retire may impact how long you…
If the deceased was due to receive a tax refund, determining who is entitled to the money is a key issue for the surviving spouse, family members and estate representatives. In most cases, the IRS allows those legally responsible for the estate to claim the refund. The process depends on…
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More ArticlesKey takeaways Robo-advisors provide automated investment management for relatively low fees. Services, such as automatic portfolio rebalancing and tax-loss harvesting, can save investors time and stress and potentially offset advisory costs by also saving money.…