Month: August 2021

Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, June 22, 2021. Graeme Jennings | Pool | Reuters For the Federal Reserve, implementing the easiest monetary policy in the institution’s history was tough enough. Getting out will be no treat,
0 Comments
Investor Peter Boockvar is sounding the alarm on a housing price bubble brought on by the Federal Reserve’s Covid pandemic policies. He warns first-time homebuyers are most vulnerable to dramatic losses. “I feel bad for the people who bought homes over the past year because they’re the ones that paid the very elevated prices,” the chief
0 Comments
XiFotos | E+ | Getty Images Nearly 40% of Americans participating in 401(k) retirement plans do not fully understand the fees associated with the accounts, according to a report released Thursday by the Government Accountability Office, a congressional watchdog. The lack of knowledge around how fees work in the employer-sponsored retirement plans persists, the report
0 Comments
Once again demonstrating the Ohio Retirement Study Council’s apparent inability to provide intended legislative oversight of the five state pension systems in Ohio, the Council recently—following years of growing public outcry—finally commissioned a long-overdue fiduciary performance audit of the State Teachers Retirement System of Ohio. The last fiduciary audit of the pension in 2006, took
0 Comments
Children participate in an activity in class at the Xavier Academy on August 23, 2021 in Houston, Texas. In-person classroom sessions are resuming and schools around Houston are requiring mask mandates, keeping in accordance with CDC guidelines. Brandon Bell | Getty Images CDC Director Dr. Rochelle Walensky said Friday that recently reopened schools that are
0 Comments
In this article FISV Oscar Wong | Moment | Getty Images Company: Fiserv Inc. (FISV) Business: Fiserv provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel
0 Comments
A college graduate calls their family on video to celebrate Kemal Yildirim | Getty Images Earlier in August, the U.S. Education Department under President Joe Biden announced it would cancel another $1.1 billion in student loan debt for about 115,000 borrowers who attended ITT Technical Institute, a now-defunct school. This latest round of forgiveness brings
0 Comments