-
Market Trends and Innovations
Will Federal Employees Get a 7.4% Pay Raise in 2025?
The question of what the 2025 federal pay raise will be has entered the spotlight early this year. A bill introduced in Congress proposes raising federal salaries by 7.4% in 2025. This Federal Adjustment of Income Rates (FAIR) Act aims to close the growing gap between federal and private sector pay. But will this ambitious plan come to fruition? The…
Read More » -
Personal Finance
What is Loud Budgeting? The New Viral Financial Trend Explained
Loud budgeting is the latest social media craze that is changing how people talk about personal finances. This financial trend encourages openly discussing budget limitations and being transparent about saving goals. Loud budgeting first emerged on TikTok but has now spread across platforms like Instagram and Twitter. Mostly championed by Gen Z, it flips the script on traditionally taboo money…
Read More » -
Market Trends and Innovations
Obama’s Former Pentagon Chief Ripped Biden’s Foreign Policy Judgement in Memoir
In the wake of a deadly attack on a U.S. military outpost in Jordan that took the lives of three American soldiers, former Obama Defense Secretary Robert Gates’ past criticism of President Biden’s flawed foreign policy decisions has come under renewed scrutiny. Former Obama Defense Secretary’s Scathing Biden Foreign Policy Criticism Resurfaces After Tragic Military Attack Gates, who served as…
Read More » -
Market Trends and Innovations
China’s Debt Crisis Deepens As Evergrande Ordered Into Liquidation. The real estate giant owes over $300 billion
Hong Kong’s High Court has ordered the liquidation of China Evergrande Group, once the country’s top-selling property developer, after its failure to restructure over $300 billion in debts, plunging China further into economic uncertainty. Judge Linda Chan stated on Monday that Evergrande’s inability to put forward a viable proposal to repay creditors alongside its insolvency left her no choice but…
Read More » -
Business and Economy
CapEX Vs. OpEX: What’s the Difference and Why It Matters
Understanding the differences between capital expenditures (capex) and operating expenditures (opex) is crucial for businesses to manage their finances effectively. In this comprehensive guide, we’ll explain what capex and opex are, their key differences, and why understanding them is so important for your business. Key Takeaways on Capex vs. Opex Capex represents major investments in long-term physical business assets. Opex…
Read More » -
Personal Finance
The Cost of Car Insurance for a New Driver Per Month
Getting car insurance for the first time can be an expensive endeavor, especially if you’re a new or young driver. But just how much does it cost per month for a new driver to get insured? The average cost of car insurance for a new driver per month is typically between $150 to $300 depending on age, location, driving history…
Read More » -
Personal Finance
Comprehensive Car Insurance: What does it Cover?
Comprehensive car insurance is a valuable coverage that protects your vehicle if it’s damaged in an event unrelated to a collision. But how exactly does it work? Read on for a complete guide to comprehensive auto insurance. What is Comprehensive Car Insurance? Comprehensive insurance covers repairs or replacement if your vehicle is damaged or lost due to non-collision-related incidents. These…
Read More » -
Market Trends and Innovations
Fed Nears Inflection Point as Inflation Shows Further Cooling
The Federal Reserve moved one step closer to potentially easing its aggressive interest rate hiking campaign, as new data on Friday showed inflation continuing to drift back towards the central bank’s 2% target. The Commerce Department’s personal consumption expenditures (PCE) price index, the Fed’s preferred inflation gauge, rose just 0.2% in December from the prior month and 2.6% from a…
Read More » -
Investing and Wealth Building
How do High Yield Savings Accounts Work?
A high yield savings account is a type of savings account that offers a higher interest rate than traditional savings accounts. This allows your money to grow faster through the power of compound interest. But how exactly do high yield savings accounts work and what should you look for when opening one? This comprehensive guide will explain everything you need…
Read More » -
Personal Finance
What is Term Life Insurance and How Does It Work?
Term life insurance is one of the most affordable ways to protect your loved ones financially if you were to pass away unexpectedly. But how does term life insurance work and is it the right type of policy for your needs? This comprehensive guide will explain everything you need to know about term life insurance. What is Term Life Insurance?…
Read More »
