Jim Casselberry, Known Source: Known Black people in America won their personal freedom 158 years ago. Economic freedom, though, has been far more elusive. Veteran portfolio manager Jim Casselberry is trying to do something about that, using his four decades of investing experience to help bridge the gap for people of color and the Indigenous
Month: June 2023
XBB.1.5 strain of Covid CFOTO | Future Publishing | Getty Images The U.S. Food and Drug Administration on Friday recommended that Covid vaccine manufacturers make single-strain shots for the fall that target omicron subvariant XBB.1.5, the dominant strain of the virus nationwide. “Based on the totality of the evidence, FDA has advised manufacturers who will
Airbnb CEO Brian Chesky isn’t afraid of artificial intelligence displacing jobs. In fact, he thinks it’ll create more of them — particularly in the world of entrepreneurship. Since ChatGPT started gaining popularity last winter, tech icons from Apple co-founder Steve Wozniak to billionaire entrepreneur Mark Cuban have admitted they’re worried that AI will replace human
The Manhattan skyline is shrouded in a smoky haze from Canadian wildfires as seen from the East River waterfront in Brooklyn, New York, June 6, 2023. Ed Jones | Afp | Getty Images Eight of the warmest years in history have all come since 2015. With an El Niño weather pattern developing, it could be
Ja Morant of the Memphis Grizzlies brings the ball upcourt during the game against the Los Angeles Lakers during Game Five of the Western Conference playoffs at FedExForum in Memphis, Tennessee, April 26, 2023. Justin Ford | Getty Images The National Basketball Association suspended Ja Morant for 25 games after the Memphis Grizzlies star brandished
You’ve completed all the estate planning documents your lawyer recommended, do you really need to take another step? Yep! A letter of instruction can be an invaluable part of your estate plan. No matter how wealthy you are (or are not yet!) and no matter your family situation, there is vital information that you should
In this article DKNG Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | LightRocket | Getty Images Sports gambling powerhouse DraftKings has made a $195 million, all-cash offer for PointsBet’s U.S. assets, it said on Friday, topping an earlier bid by Fanatics. Fanatics in May agreed to buy the Australian company’s U.S. operations for $150
Jaidev Janardana, CEO of peer-to-peer lender Zopa. Zopa LONDON — British digital bank Zopa is beefing up its management team with a couple of senior hires, as the company looks to fuel growth and prepare its business for an eventual public listing. The SoftBank-backed company, which offers credit cards, personal loans and savings accounts, told
brightstars | E+ | Getty Images Small businesses are facing an onslaught of ads, phone calls and emails to help them claim a pandemic-era tax credit. However, experts urge business owners to review eligibility with a qualified tax professional. The tax break — known as the employee retention credit, or ERC — was enacted in
One of my favorite financial planning clients represents a story that is part success, part sadness. Betty, we’ll call her, married young and became a widow not long after. She never remarried, worked as a legal secretary, and lived in a neighborhood in Baltimore that could only be described as “rough,” where she was robbed
In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT An employee works at the Airbus A350 assembly site, in Colomiers near Toulouse, south-western France, on December 9, 2022. Valentine Chapuis | AFP | Getty Images A lot has changed in the four years since one of the aviation industry’s biggest air shows was held
US Secretary of State Antony Blinken (L) walks with China’s Foreign Minister Qin Gang (R) ahead of a meeting at the Diaoyutai State Guesthouse in Beijing on June 18, 2023. Leah Millis | Afp | Getty Images U.S. Secretary of State Antony Blinken on Sunday met with Chinese Foreign Minister Qin Gang and top diplomat
In this article CARR BLDR PH HRI TFII-CA Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange (NYSE) on June 14, 2023 in New York City. Spencer Platt | Getty Images The increase in economic activity in the industrial, residential and commercial spaces over the past decade
Annuities are setting sales records, thanks to higher interest rates, lower stock prices, and aging Baby Boomers. It’s been years since annuities were able to offer payouts comparable to today’s, and the annuities protect your principal and guarantee lifetime income. Since many people have significant portions of their retirement savings in IRAs or 401(k)s, they
A person receives a COVID-19 vaccination dose, during a free distribution of COVID-19 rapid test kits for those who received vaccination shots or booster shots, at Union Station on January 7, 2022 in Los Angeles, California. Mario Tama | Getty Images The U.S. Food and Drug Administration‘s independent panel of advisors raised doubts about the
The Binance logo is displayed on a screen in San Anselmo, California, June 6, 2023. Justin Sullivan | Getty Images Cryptocurrency exchange Binance said it will leave the Netherlands after the company’s application to register under the Dutch crypto authorization regime was rejected. Referring to a virtual asset service provider, Binance on Friday said that
In this article BMY Follow your favorite stocksCREATE FREE ACCOUNT Dado Ruvic | Reuters Bristol Myers Squibb on Friday sued the Biden administration over Medicare‘s new powers to slash drug prices, the third such lawsuit to be filed against the program in a matter of days. The lawsuit filed in federal district court in New
She’s considered an influencer who uses TikTok, Instagram and YouTube to make financial education fun for young audiences. Kyla Scanlon, 26, is a former options trader and the founder of Bread, a company that produces videos and skits that go viral. “I’ll pretend to be [Federal Reserve Chair] Jerome Powell [or] pretend to be different
Westend61 | Getty As interest rates have climbed, homebuyers have been confronted with higher borrowing costs. That has led more home purchasers to opt for one strategy, purchasing mortgage points, as a way to defray higher monthly payments. Mortgage points let buyers pay an upfront fee to lower the interest rate on their loans. In
How a retired Pennsylvania couple changed the lives of hundreds of struggling residents of affluent Chester County by challenging inflated real estate tax assessments on their mobile homes. Chester County, Pennsylvania, with its rolling farmland and proximity to both Philadelphia and the corporate haven of Wilmington, has the highest median income (nearly $110,000) and percentage
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