Topline Stocks moved higher on Tuesday as the market attempted to recover from its worst week since March 2020, despite the fact that investors widely remain nervous about surging inflation and rising rates leading to a recession. Key Facts Stocks bounced back somewhat after a heavy week of losses: The Dow Jones Industrial Average rose
Retirement
Health experts anywhere, including those in the Federal government tell us we need to move more, sit less and eat a healthy diet, especially as we age. Yet, the majority of adults over 65 aren’t following these guidelines. What’s stopping ordinary folks from following this advice? Over half of American seniors are not getting the
By Nancy Collamer, Next Avenue Serving on a corporate board of directors can be a rewarding second act, especially if you’re eager to keep learning and earning after retirement. But finding and landing a corporate board seat isn’t easy. Debra Boggs, a job search and resume expert who helps executives find board seats, offered some
By Richard Eisenberg, Next Avenue We all want value when shopping for a car, a home or a college for our kids. So, it seems only natural that value-based health care — where health care providers get rewarded with bonus payments for better patient health outcomes and penalized for poorer outcomes — would be a
By Randi Mazzella, Next Avenue Years ago, Tracy Beckerman moved from New York City to the suburbs of New Jersey with her husband to raise her two children. But when the kids grew up and left the nest, her husband urged her to move back into the city. “He is a musician and works in
Topline With stocks falling into a bear market this year amid fears that aggressive rate hikes from the Federal Reserve will plunge the economy into a looming recession, top firms on Wall Street are advising investors to stick with stocks that have historically performed well during past downturns, such as consumer and healthcare companies. Key
Topline The stock market struggled for direction on Friday after brutal selloffs in recent days, with the benchmark S&P 500 on track for its worst week since March 2020 as investors brace for a looming recession. Key Facts Stocks were mixed after several sharp selloffs earlier this week: The Dow Jones Industrial Average fell 0.1%,
By Leslie Hunter-Gadsden, Next Avenue The means of marketing a business comes in many forms but with the number of times a day that prospective customers check their social media platforms, it is a good idea for small business owners to at least explore using social media to spread the word about their startup. Platforms
Topline Markets tanked on Thursday as recession fears surged once again, with stocks reversing gains from the previous session when the Federal Reserve announced it would hike rates by 75-basis-points, the biggest increase since 1994, in a bid to combat surging inflation. Key Facts Stocks fell after rebounding a day earlier: The Dow Jones Industrial
Share to Facebook Share to Twitter Share to Linkedin Long-term savers can be thankful that interest rates are higher. They’re finally getting a real return. I f you have a chunk of retirement money in bonds, you’re probably feeling miserable. This year’s spike in interest rates has wrecked what was supposed to be the safe
Are high-net-worth investors more at risk of suffering investment fraud because of their wealth? Attorney Niel Prosser of Prosser, Clapper & Johnson Law of Memphis, Tenn., believes they might be. Prosser, a litigator, explained that those with wealth can be at the greatest risk of possible fraud. A Litigator’s View This is a position that
Medicare Advantage (MA) managed care plans have the potential to vastly improve care for older adults in the US. A fully-integrated health model that combines primary and specialty care, physical therapy, hospital care and even some limited personal supports could improve the quality of life for patients and save the government a substantial amount of
Topline The stock market moved higher on Wednesday after the Federal Reserve raised interest rates by 75 basis points—the largest increase in 28 years, while Fed Chair Jerome Powell also signaled that the central bank could raise rates again by the same magnitude at an upcoming meeting next month. Key Facts Stocks rebounded on Wednesday
On World Elder Abuse Awareness Day, June 15, we are reminded of the extent of this issue. There are endless reports in the press about yet another vulnerable elder who got ripped off by an unscrupulous financial manager, wealth advisor or other in a position of control over money. What we don’t see in the
Share to Facebook Share to Twitter Share to Linkedin The stock market carnage this year continues to get worse, with the S&P 500 recently falling into a bear market amid rising fears of a looming recession. Investors have grown increasingly concerned about the Federal Reserve’s ability to achieve a “soft landing”—bringing down inflation without plunging
For as long as any of us can remember, our chronological age has been front and center in our lives. It started with birthday parties when we were very young and, probably thanks to the greeting card industry, birthday celebrations continue as long as we live – and sometimes beyond. Just last month, some family
Once you’ve been on this Earth for half a century, it is time to get serious about your retirement and financial planning. For many, your 50th birthday is a kick in the butt to really start thinking about the future. When will working become optional? Can you afford the bucket list trips? Even where will
Topline The cryptocurrency market fell victim to a massive selloff on Monday as several large exchanges either halted sales or announced layoffs, and with Bitcoin plunging to its lowest price in 18 months, experts warn that the ongoing “bloodbath” will only result in more selling pressure on stocks. Key Facts The price of Bitcoin dropped
When your parent is losing independence, and you can see what’s coming, you may question yourself. Am I supposed to do something about this? I really don’t like this person! He/she was not a good parent! Why should I have to take this on when my parent was so nasty to me growing up? There
In the news last week: “Sanders, Warren propose bill to extend Social Security’s solvency for 75 years, increase benefits by $2,400 per year.” As reported by CNBC, Senators Bernie Sanders (I-VT), and Elizabeth Warren (D-MA) introduced their latest version of a Social Security expansion and solvency bill, the Social Security Expansion Act. It has many
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