Rapid Reaction: UAW Strike
The United Auto Workers (UAW) strike is impacting factories at General Motors, Ford, and Stellantis (Chrysler, Jeep, etc.) with 146 thousand workers being authorized to strike. The union is seeking 40% pay increases and four-day workweeks among other demands. If a full strike occurred, it would be similar in size to the 1998 UAW/GM strike […]
Rapid Reaction: Government Shutdown
The government is poised to shutdown if a funding bill isn’t passed by September 30th. Speaker McCarthy is attempting to corral Republican support for a bill but is facing demands from the rightmost flank of the Republican caucus, including disagreements over funding for Ukraine. CLICK HERE TO VIEW/DOWNLOAD THE PDF
3 Tips for Getting Your Finances on Track
A recent survey found that 85% of Americans said their personal finances were causing them stress. One of the most common concerns was having enough saved for retirement. There’s no better time than now to review your current situation and get your finances on track. #1 Establish a List of Goals As the year goes […]
The History and the Future of Money
We’ve come a long way from trading pelts and seashells as currency, and there have been many changes to how we produce and use currency between then and now. The value of currency and inflation affect us all, as we’ve seen recently at the gas pump and the grocery store. Here’s what we can learn […]
3 Major Retirement Expenses to Include in Your Budget
General retirement planning advice says that you’ll need about 80% of your pre-retirement income in retirement, but this may not be the case for everyone. Inflation, taxes, and long-term care costs are easily overlooked – but these expenses could be high. When creating your retirement budget, don’t forget to include these three expenses. Taxes: How […]
Three Birthday Milestones That Could Change Your Tax Situation
When we think of milestone birthdays, we often think of ones that are already behind us – like 18 and 30. But there are plenty of important birthdays ahead of you, especially as you near and enter retirement. Starting at age 50, several birthdays are critical to acknowledge because they can have implications for your […]
Estimating Your Tax Burden in Retirement
Taxes could be one of your biggest expenses in retirement. But once you have an estimate for your tax burden in retirement, you can consider ways to minimize it. The first step towards creating a tax minimization strategy in retirement is looking at how your different sources of income will be taxed. Pensions If you […]
December Financial Quiz
Implementing New Year’s Resolutions Millions of people make New Year’s resolutions every year, hoping to spark positive change. In addition to a more active approach to health and fitness and learning new things for personal and professional development, many of us seek to improve our finances. But despite the best of intentions, once the year’s […]
A 30-Year High in Inflation Creates New Challenges
A 30-Year High in Inflation Creates New Challenges For much of the year, we have listened to the Fed saying that the surge in inflation is “transitory.” But inflation across a broad swath of products that consumers buy every day was higher than expected in October, hitting its highest point in more than 30 years, […]
Holiday Holdup: Can Supply Chain Problems Be Solved?
Holiday Holdup: Can We Solve Our Supply Chain Problems? The disruptions to the global supply chain hold lessons for both companies and consumers, say Wharton professors Santiago Gallino and Barbara Kahn. During standard times, companies look for ways to make their supply chains operate more efficiently. But these aren’t regular times. Scenes of cargo ships […]
