The joke may be on teens who think they know more about tech than their folks. A new study finds supposedly tech-savvy teens are falling for online scams at a higher rate ...
Read More »Backlash against Target continued through school shopping
Sales at Target stores continue to drop even as back-to-school shopping should normally boost sales. The controversial retailer’s sales tumbled significantly in the third quarter as many consumers rebelled against the LGBTQ-themed ...
Read More »Investors must admit to ESG considerations under new Missouri rule
Financial advisers and institutions in Missouri must have clients sign disclosure forms when an investment option could rely on environment, social and governance scores or prioritize elements that may not yield maximum ...
Read More »Eroding donor privacy unites right and left against states
The threat to donor privacy is continuing despite a U.S. Supreme Court ruling two years ago that many thought had ended it once and for all. Proposals introduced in more than a ...
Read More »Business bankruptcies highest in 13 years
Corporate bankruptcies in the United States this spring, based on the latest reports, with the first five months of 2023 seeing the highest number of filings since 2010. Filings from Serta Bedding ...
Read More »Missouri rule on ESG could be model for other states
A new rule in Missouri regarding controversial environmental, social and governance investing could serve as a model for other Republican-led states. Secretary of State Jay Ashcroft issued a rule on June 1 ...
Read More »Local Banks, the Federal Reserve, and the Modern-Day Bank Run
In 1913, a US Senator from the Kansas City, Missouri area flipped his vote, and the Federal Reserve System was created. Senator James A. Reed gave us central banking with 12 autonomous ...
Read More »Dave Ramsey sued for $150 million alleged timeshare scam
Former followers are suing finance guru Dave Ramsey for $150 million over his endorsement of a failed timeshare exit company that defrauded customers out of millions of dollars. The lawsuit alleges that ...
Read More »Technology pressures consumers to tip at self-checkout
Families squeezed by high inflation now are being asked to leave a tip even at many self-checkout kiosks. Many companies, including airports, bakeries, coffee shops and sports stadiums, have now introduced the ...
Read More »White House will veto GOP effort to stop college debt bailout
The White House says it will veto a Republican-led House measure that stops the massive student loan bailout. The bill in question is H.J. Res. 45, which criticizes a debt plan that ...
Read More »Big banks and likely their customers will pay billions for bank failures
American consumers will likely bear the burden of billions in additional banking fees as the federal government charges banks to replenish the deposit insurance fund. The Federal Deposit Insurance Corporation (FDIC) announced ...
Read More »Christians take out payday loans despite excessive interest rates
More than one-third of Christians in states that don’t regulate payday loans say they have obtained them, despite believing that charging excessive interest is a sin. In a recent survey, Lifeway Research ...
Read More »U.S. households added $320 billion in debt last year
U.S. households continue to struggle, adding $320 billion in debt last year. It marks the highest level since the 2008 financial crisis which saw millions lose their homes. Households owe a combined ...
Read More »IRS collects $5 trillion in taxes but wants more
The U.S. government collected a record amount of taxes from Americans but will increase the monitoring of bank accounts and mobile payment systems to collect more. The IRS says in its newly ...
Read More »Why you should be concerned by Biden’s digital currency plan
President Joe Biden signed an order on March 9, directing the Treasury Department, Office of the Attorney General and Federal Reserve to work together to produce a “legislative proposal” to create a ...
Read More »5 IRS changes you need to know this year
With the tax filing deadline fast approaching, the changes made by the IRS are under closer scrutiny. Here’s a list of what’s new concerning tax limits, standard deductions, credits and more. Standard ...
Read More »4 troubling signs in the economy
Officially, the U.S. is not in recession with critics saying the government altered the definition in 2021. But signs in the economy continue to tell a different story. Home Sales Existing home ...
Read More »Used car prices in historic spike as new car prices up 42%
February is seeing the sharpest increase in used car prices in 14 years as the economy continues to struggle under historic inflation. From January through the Feb. 15, wholesale used-vehicle prices increased ...
Read More »Kansas City’s AMC Theatres to charge you more for better seats
Moviegoers looking for good seats soon will have to pay more at Kansas City-based AMC Theatres. The three-tiered seating system announced this week includes “value sightline, standard sightline and preferred sightline sections,” ...
Read More »IRS says millions of Americans missing this tax credit
Millions of Americans are eligible for a tax credit that last year averaged more than $2,000, according to a statement just relased by the IRS. Some 20 percent of those entitled to ...
Read More »Democrats want to mint $1 trillion coin to further spending
In recent years, left-leaning economists and Democrat lawmakers have floated the idea of minting a $1 trillion platinum coin that would then be deposited in its bank account at the Federal Reserve, ...
Read More »Republicans push to abolish IRS, federal income taxes
The IRS and federal income taxes could be abolished by legislation soon to be put forth by Congressional Republicans. Both would be replaced by a simple national consumption tax. Rep. Buddy Carter (R-Ga.) will ...
Read More »7 ancient financial tips from Proverbs still ring true
Can wisdom from the ancient texts of Proverbs apply to the fast-paced financial world of the 21st Century? After all, they were written over 2,700 years ago. Ask someone from the millennial ...
Read More »Financial decisions now can pay dividends in the coming year
The week between Christmas and New Year’s is a good time to not only take down the decorations but also plan for the coming year. David Ragland, CEO of IRC Wealth and ...
Read More »Government over-reported job growth numbers by 99% this year
The government has been caught spiking job growth numbers. In investigative research by the Federal Reserve Bank of Philadelphia, job numbers released by the Bureau of Labor Statistics (BLS) were inflated by ...
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