Category: Finance
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California Association of Realtors Launches $2 Million One-Off Payment Program for First-Time Homebuyers Facing Housing Affordability Challenges
The $2 million Housing Affordability Fund, a nonprofit established by CAR, aims to assist individuals facing difficulties in purchasing a home in the state. The California Association of Realtors (CAR) has initiated a grant program offering a one-off payment to first-time homebuyers Recognizing the widening homeownership gaps, particularly affecting marginalized communities, CAR highlights the lack…
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China Dropped US Treasuries Worth $491,900,000,000 in a Decade, Reaching a 14-Year Low in US Debt Holdings
For over a decade, the second-biggest economy in the world has been gradually selling off US government-backed securities valued at hundreds of billions of dollars. China’s assets of Treasury securities have fallen to a level not seen in more than 14 years, according to new data from the US Treasury Department. China had been gradually…
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Market prophet predicts a 30% stock market fall, an impending recession, and the impending burst of the commercial real estate bubble- These are the quotes from a recent interview with Gary Shilling
This week, a renowned market prophet issued dire warnings: stocks could plummet by 30%, the US economy is hurtling toward recession, and the commercial property bubble is ready to pop. Veteran economist Gary Shilling, who has a reputation for accurately predicting events like the 2008 housing meltdown, also predicted “The Julia La Roche Show” that…
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2024 Will See Changes to Social Security: The Positive and the Negative
In retirement, Social Security helps millions of elderly people make ends meet; for a few, benefits are their only source of income. Yet, program modifications may have an impact on your benefits, so it’s important to keep up with Social Security developments. There will be certain changes to be aware of as we approach 2024.…
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Seniors Strategize for Tax-Free Income in Retirement: Unlocking Financial Ease Through Roth Accounts, HSAs, Bonds, and More
Achieving this goal involves strategic planning and a comprehensive understanding of various tax-advantaged instruments and investment avenues. The pursuit of tax-free income becomes a key financial objective for seniors Roth IRA and Roth 401(k) withdrawals stand out as a primary means of securing tax-free income. Contributions made with after-tax dollars yield qualified withdrawals during retirement,…
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Unclaimed $2.26 Million Winning Lottery Ticket Sparks Urgency as Prizes Await Claimants Across States
The winning lottery ticket, purchased at Shop ’n Save in Canonsburg near Pittsburgh, perfectly matched the winning numbers: three, 11, 26, 29, 30, and 38. Despite this stroke of luck, the rightful owner has yet to step forward to claim their prize. A staggering $2.26 million winning lottery ticket remains unclaimed in Washington County, Pennsylvania,…
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Susan Collins Stresses Caution on Interest Rates, Signals Potential for Further Hikes Despite Positive Inflation Trends
Boston Federal Reserve President Susan Collins emphasized on Friday that, despite recent positive developments in inflation indicators, additional interest rate hikes may still be necessary. Susan Collins acknowledged the appeal of good news but cautioned against ruling out further firming of interest rates Susan Collins stressed the importance of staying the course and avoiding premature…
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Steven Nilhas Presents Budget Proposal Amidst 16.4% Health Insurance Hike
Steven Nilhas outlined the plan at a joint meeting of the school board and budget committee, emphasizing the need to stay within the tax cap. Newfound Area School District faces tough decisions as Interim Superintendent Steven Nilhas unveils a budget proposal grappling with a 16.4% surge in health insurance costs Despite a $154,524 increase in…
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Social Security Administration Grapples with $23 Billion Overpayment Crisis, Beneficiaries in Distress
The report, released this week, reveals an uncollected balance of $23 billion in overpayments as of October 1. The latest financial report from the Social Security Administration (SSA) spotlights an escalating concern within the agency These overpayments, erroneously distributed to beneficiaries nationwide, remain outstanding despite persistent efforts to recover them. This ongoing issue gained attention…
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Another $4,555 In Social Security Direct Payments Expected To Come To Eligible Beneficiaries This November – Check More About It Here!
Another $4,555 in Social Security direct payments is expected to come to eligible beneficiaries this November. Another Round of Social Security Direct Payments Coming to Eligible Beneficiaries This November Another $4,555 in Social Security direct payments is expected to come to eligible beneficiaries this November as part of the four rounds of Social Security direct…