Advisors

The U.S. economy has remained remarkably strong. Boosted by a strong labor market, the country has continued to expand since the Covid-19 pandemic, sidestepping earlier recessionary forecasts even after a series of Federal Reserve interest rate increases. And yet, consumer sentiment recently sank to a six-month low. That disconnect is what Joyce Chang, JPMorgan’s chair of global research, calls a “vibecession.”
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Greg Hinsdale | The Image Bank | Getty Images For registered investment advisors, advancements in artificial intelligence have brought to the surface lingering feelings of unease that many advisors have had since the robo-advising boom of the early 2010s. The AI explosion has dovetailed with Thomas Moore’s time as the director of Betterment for Advisors.
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Delmaine Donson | E+ | Getty Images Wedding and engagement season is right around the corner and that means many couples will embark on a path toward marriage. One of the most important conversations newlyweds will need to have is figuring out how and who will pay the bills. The goal is to ensure the
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Alexander Spatari | Moment | Getty Images Americans who move abroad still have a responsibility to file their taxes with the IRS, sometimes in addition to taxes paid in their place of residence. Unsurprisingly, the thought of renouncing their U.S. citizenship may have crossed their minds at least once. However, experts advise against the move.
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Stephanie Land Source: Simon and Schuster Stephanie Land’s daughter, Emilia, was 7 months old when Land was forced to leave her volatile life partner. What came next for the single mother was homelessness and food insecurity — but somehow, at the same time, Land also worked to finish her college degree and pursue a writing career.
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Simpleimages | Moment | Getty Images Heading into 2024, consumers should “economize” their budgets, pay down debt and save money, if possible, to boost their personal finances, Dana Peterson, chief economist at The Conference Board, said Thursday at CNBC’s Your Money event. This “three-point action plan” is important for households since there’s “a high risk
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Feeling the pressure of inflation and rising interest rates over the past few months, an increasing number of consumers have been making credit card payments 30 days late or more, according to the Federal Reserve Bank of New York’s latest Quarterly Report on Household Debt and Credit. That climbing “credit card delinquencies” rate may trend
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