In our pursuit of a financially stable retirement, questions about generating significant income loom large. It is a multifaceted topic that many find perplexing. In the insightful guide “How to Retire: 20 Lessons for a Happy, Successful and Wealthy Retirement,” Christine Benz, an authority on personal finance and retirement strategies from Morningstar, provides an invaluable
As municipalities increasingly rely on digital solutions to manage their financial transactions, the risks associated with cyber threats have become more pronounced. This reality was starkly illustrated by a recent incident involving White Lake Charter Township in Michigan, where a sophisticated cyber security attack disrupted a significant municipal bond deal intended to fund a Civic
The landscape of municipal finance in the United States is witnessing a tumultuous shift. With the imminent prospect of tax cuts, an escalating federal deficit, and significant lobbyist efforts from billionaires aiming to streamline government, tensions are mounting. This article explores the potential impacts of these factors on the municipal bond market, particularly the threat
The U.S. dollar’s economic pulse was notably reactive as financial markets absorbed a recent jobs report that unveiled mixed signals while setting the stage for crucial upcoming inflation data. The fluctuating performance of the dollar underscores a broader narrative of uncertainty, prompting investor caution and speculation regarding Federal Reserve policy decisions. As the dollar fluctuates
As we approach 2025, investors in the utility sector are urged to adopt a discerning posture when it comes to stock selection. The anticipated policies of the incoming Trump administration are projected to create a less favorable environment for utilities, despite the sector’s recent robust performance. KeyBanc analyst Sophie Karp highlights the pivotal influences of
Jordi Visser, with his extensive background as the former Chief Investment Officer and president of Weiss Multi-Strategy Advisors, offers an insightful viewpoint into the current state of Bitcoin (BTC) and its relationship with the broader market, particularly the MAG7 index – a collection of the most influential tech stocks in the United States. As BTC
The path for the Tampa Bay Rays toward a new stadium has taken a significant turn following the St. Petersburg City Council’s narrow 4-3 vote in favor of $333.5 million in bond financing. This endorsement brings the proposal to the brink of reality; however, its ultimate success hinges on the approval from the Pinellas County
The municipal bond market is currently experiencing a phase of relative stability, characterized by steadfast secondary trading activity amidst escalating movements in the primary market. This balance is attributed to several significant deals that have emerged recently, along with a noteworthy rise in inflows into municipal bond mutual funds, which have surpassed the $1 billion
The foreign exchange market is a complex web of interactions, heavily influenced by economic indicators, geopolitical developments, and the broader sentiments of traders. Renowned for its volatility, recent trends indicate a pivot in market expectations, particularly concerning the US dollar and the euro. As the USD maintains resilience ahead of significant economic reports, the euro
In a significant move, the Consumer Financial Protection Bureau (CFPB) has leveled serious allegations against Comerica Bank regarding its management of the Direct Express prepaid debit card program. This program is crucial for millions of Americans, particularly those living on fixed incomes, including elderly and disabled individuals who rely on federal benefits. The complaint has