The National Transportation Safety Board (NTSB) issued an urgent safety recommendation Wednesday to modify jet engines on Boeing’s 737 Max airplanes to prevent smoke from…
President Donald Trump, unhappy with the Federal Reserve for not cutting interest rates, has called Chairman Jerome Powell a “numbskull,” “Mr. Too Late” and referred to him as a “stupid person” before policymakers left interest…
Key takeaways Existing HELOC borrowers can expect their rates to decrease in response to a Fed rate cut, but it may take 1-2 statement cycles. A Fed rate cut won’t directly impact existing fixed-rate home equity loans, but it can lower the offers on new loans. So, current borrowers may…
Cross-border tax planning involves structuring your finances to account for tax laws in more than one country. Whether you are an expatriate, a business owner with international operations or an investor earning income abroad, differing tax rules can shape how income, gains and assets are taxed. Factors such as tax…
The Federal Reserve voted on Wednesday to leave interest rates steady, but officials expect that both inflation and unemployment will rise in the year ahead, paving the way for two rate cuts by the end of the year. The Fed’s announcement means the Fed’s key benchmark rate will, for now,…
Key takeaways A pending transaction is a charge that shows up on your credit card statement but hasn’t been reduced from your balance yet. Merchants may also place a pending transaction — or hold — on your account to preauthorize or secure a payment. To cancel a pending transaction, call…
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Active investing may sound like a better approach than passive investing. After all, we’re prone to see active things as more powerful, dynamic and capable. Active and passive investing each have some positives and negatives,…
