Money Matters

As the number of Black-owned businesses in the U.S. surges, we take a look at some of the most prominent companies in the U.S. Black-Owned Business is Booming The number of Black-owned businesses in America has increased since the COVID-19 pandemic, according to the U.S. Census Bureau Annual Business Survey.  Representation is Growing Black-owned businesses … Read more

For some, inheritance might seem like a given, but Boomers are starting to follow trends from prominent figures like Warren Buffett and Sting and are moving away from simply passing down wealth. Baby Boomers, set to pass on $68 trillion by 2030, are exploring alternative options that don’t necessarily include traditional inheritances. Prioritizing Family Harmony … Read more

The cost of living in the United States varies widely, with certain states exhibiting significantly higher expenses than others. This variation impacts everything from housing to healthcare, influencing where people choose to live and work. Understanding the Cost of Living Index The cost of living index measures the relative price levels of goods and services … Read more

Those approaching the age of 65 may be looking forward to enrolling in Medicare, and assume the program will cover most healthcare expenses. However, new data shows that Medicare is not the one-stop solution many had hoped for regarding healthcare costs.  Facing Financial Hardship The latest study from The Commonwealth Fund (CF) raises concerns about … Read more

The Baby Boomers: a generation that rocked the economy like a hurricane, leaving behind a trail of financial challenges for those caught in the aftermath. As they strutted through the economic landscape, their moves were bold, but the footprints? Monumentally deep. Let’s dive into the 20 seismic shifts they initiated, making the American Dream a … Read more

California: the land of sunshine, innovation, and, well, some of the highest taxes in the United States. From the beaches of Los Angeles to the tech hubs of Silicon Valley, residents find themselves navigating a complex landscape of state taxes. Here’s a rundown of 23 taxes that might make Californians and onlookers alike do a … Read more

Millions of Americans could receive much-needed financial relief this tax season in the form of waived penalties from the IRS. IRS Plan to Provide Relief for Taxpayers The IRS recently announced a plan to waive $1 billion in penalties for people and businesses who still owe back taxes from 2020 and 2021. The waiver will … Read more

Discount variety chain Dollar Tree will be closing nearly 1000 stores in the next few years. 1000 Stores Closing Dollar Tree has announced that it will be closing close to 1000 Family Dollar and Dollar Tree stores, after a review of its performance in the 2023 fiscal year. Dollar Tree Press Release In a press … Read more

The U.S. housing market is at a turning point. High mortgage rates mean prices might drop, giving buyers a chance to get their foot in the door. Meanwhile, sellers face new challenges as interest rates and the number of homes for sale change.  U.S. Housing Market Hits Rock Bottom According to the CEO of real … Read more

While some antique books sell for pennies at thrift stores and used bookshops, others are sold for more than the price of a new house. First editions or special editions of iconic literary works can sell for thousands and, in some cases, millions. People value first editions, copies signed by the author, misprints, original dust … Read more