Dear Dave, I recently applied for life insurance for the first time with a child rider. The insurance company denied my request for the rider portion because my son has hemophilia. Do you have any suggestions or advice?
Last month, new home sales fell a very steep 11.4 percent to a 481,000 annual rate. Given the volatile nature of this series one might have expected a bounce in May and sure enough we got one, albeit not enough to wipe out April's dismal performance.
A traditional bond investment could involve purchasing government bonds and mortgage-backed securities with maturity adjusted for the desired level of return. An exchange-traded fund (ETF) could use the same strategy.
ust as the steady torrent of awful economic data, which began in the First Quarter and continued well into April and May, had forced many market analysts to grudgingly concede that 2015 would not see the robust economic growth that most had expected, the statisticians arrived on the scene like a cavalry charge and routed the forces of pessimism with a wave of their spreadsheets.
The Federal Reserve is on track to raise interest rates later this year. Chairwoman Yellen has good reasons to push ahead, but she may not get very far in her quest to normalize rates.
The Los Angeles City Council demonstrated its ignorance of Economics 101 when the panel voted last week 12-1 to raise the minimum wage to $15 an hour by 2020 for millions of workers in the countrys second-largest city.
In hockey, the big three is called the hat trick. In basketball, a triple double. In the world of finance they just say Federal Reserve, IMF and the World Bank. When you have those on your resume' you are certain to receive attention when you speak.
Activist investors and institutional shareholders are increasingly forcing publicly held companies to return more cash to shareholdersthats good for the economy.
Federal Reserve Chairwoman Janet Yellen told us recently that the target for the federal funds rate will be raised slightly later this year.