In this article ARKK CNBC’s Jim Cramer said Friday that Ark Invest’s stock-moving influence appears to be waning — at least for now. Ark Invest’s family of exchange-traded funds were some of the best performers on Wall Street last year, but have not fared well in 2021 as investors rotated away from high-growth stocks and
St. Louis Federal Reserve President James Bullard told CNBC on Friday that he sees an initial interest rate increase happening in late-2022 as inflation picks up faster than previous forecasts had anticipated. That estimate is even quicker than the outlook the broader Federal Open Market Committee released Wednesday that caused a hit to financial markets.
Ungureanu Vadim | EyeEm | Getty Images In January, Anna Brekken had finally made 120 student loan payments, the number at which borrowers are supposed to get the rest of their debt cancelled under the public service loan forgiveness program. When she submitted her request for forgiveness, she looked forward to walking away from her
Sometimes normal human instincts don’t lead to the best actions. That’s a basic finding of behavioral finance research, and it’s true of a lot of retirement planning. People often believe that taking more actions is better than doing less, but doing more often doesn’t improve retirement plans and often can make them worse. For example,
DOJ is sending a message to tax professionals – particularly CPAs – who are involved in the syndicated conservation easement (SCE) industry. The message is “Be afraid. Be very afraid.” That is my reading of a recent press release about Georgia CPA Herbert E. Lewis indicted for SCE schemes involving fraudulent charitable contributions. DOJ releases like to lay
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