Alternatives to engaging a financial advisor: Strategies for wealth accumulation without professional assistance Financial advisors offer objective and informed guidance to assist individuals in achieving their wealth objectives. Nevertheless, recent surveys indicate that a significant number of Americans choose not to collaborate with a professional advisor. Several common factors contribute to this decision to manage…
A federal appeals court has invalidated the rules established by Nasdaq (^IXIC) aimed at promoting greater diversity on corporate boards. This ruling constitutes a significant setback for diversity, equity, and inclusion (DEI) initiatives within corporate America. The Fifth Circuit Court of Appeals in New Orleans, comprising nine judges, determined that the Securities and Exchange Commission…
Economic advisers to former President Donald Trump are deliberating on the possibility of increasing the state and local tax (SALT) deduction limit, which is a widely utilized yet costly tax benefit that could yield substantial savings for numerous residents of New York, New Jersey, and California. On Thursday, economist Stephen Moore, who is a member…
BlackRock, the world’s biggest asset manager, is likely to keep up its buying spree in 2024. The company plans to seize chances to grow in areas such as private credit, real estate, infrastructure, or even private equity. Last week, BlackRock shared its intention to purchase HPS Investment Partners, a private credit firm, for around $12…
On Thursday, the two executives currently overseeing Intel acknowledged that the company may need to divest its manufacturing operations if a forthcoming chipmaking technology, scheduled for release next year, fails to achieve the desired results. Intel’s position in the semiconductor industry is distinctive, as it engages in both the design and production of chips. The…