Alphabet Inc. Announces First Ever Dividends and a $70 Billion Buyback

It’s looking to be a good week for Alphabet, as Google’s parent company soars in value on the stock market due to recent announcements for investors. Dividends and Buybacks Alphabet Inc., the parent company of tech behemoth Google, announced on Thursday that it will be issuing its first-ever dividend to investors, as well as authorizing … Read more

Hopeful Millennials Face Tough Economic Truths About Early Retirement

Younger generations in the US may not yet understand how much retirement expectations are changing with the economy, according to recent surveys. Economic Turbulence Millennials, who are between 28 and 44 years old, have faced a lot of financial strife as a generation, including recessions, housing crises, and a pandemic that temporarily shut the whole … Read more

The Fallen Elite: 19 Ex-Billionaires

The world of billionaires is volatile and subject to rapid changes in fortune. From market crashes to poor investments and changing business landscapes, various factors can cause even the wealthiest individuals to lose their billionaire status. What leads to such dramatic financial reversals, and how do these former billionaires cope with their new realities? #1. … Read more

Is Alcohol the Root of Gen Z’s Financial Hardship?

Drinking habits are having an unprecedented effect on the younger generation’s financial health and vice versa, according to several new studies.  Alcohol to Blame According to a new report by online lending marketplace LendingTree, Gen Z are increasingly blaming their drinking habits for their financial struggles, saying that drinking too much alcohol is stunting their … Read more

The Price of Health: America’s Medical Debt Crisis

Rising healthcare costs and the burden of medical debt are not just straining personal finances. They’re impacting health outcomes and quality of life. According to the Commonwealth Fund’s Health Care Affordability Survey, Americans owe $88 million in medical debt.  Healthcare Affordability Enters Crisis Stage As Americans grapple with these challenges, healthcare affordability is now a … Read more

No Violations Found: Fed Watchdog Clears Ex-Policymakers on Trades

The Federal Reserve’s internal watchdog has concluded a lengthy investigation, clearing two former policymakers, Robert Kaplan and Eric Rosengren, of legal wrongdoing in their 2020 personal trading activities.  A Thorough Examination Unveiled The report revealed that Robert Kaplan, then president of the Dallas Fed, executed multiple transactions exceeding $1 million during the onset of the … Read more

Homelessness Under Fire: High Court Weighs Legalization Impact

Imagine a scenario where being homeless could land you in legal trouble. That’s exactly what’s at stake as the Supreme Court considers a decision that might make homelessness a crime. Let’s break down what’s happening. Homelessness on the Rise Recently, cities performed their annual point-in-time homelessness counts, and the numbers are not looking good. By … Read more