This Week’s Must Read

What to Do If You Are Drowning in Credit-Card Debt

Article origianlly posted to Bloomberg.com. Americans are struggling to keep up with their credit-card debt. Consumers typically pay down debt at the beginning of the year after spending big during the holidays. But balances held flat at about $986 billion in the first quarter of 2023, according to a report from the Federal Reserve Bank of New […]

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How economists and markets are reacting to the Fed’s latest interest rate hike

Article originally posted to The Globe and Mail The Federal Reserve raised its key interest rate by a quarter-point on Wednesday to the highest level in 16 years. But the Fed also signaled that it may now pause the streak of 10 rate hikes that have made borrowing for consumers and businesses steadily more expensive.

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Even With an Extension, You Have to Pay Taxes by April 18. How to Estimate What You Owe.

Article originally posted to Barrons.com. Filing an extension on your taxes buys you more time to complete your return—but not to pay any taxes you might owe. This leads to a bit of a conundrum: How do you figure out your tax bill if you don’t do your taxes? The deadline for 2022 federal income

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Social Security is now expected to run short of cash by 2033

Article originally published on NPR.org. The Social Security program is expected to run short of cash to pay promised benefits in about ten years, while a key trust fund for Medicare will run out of funds by 2031, according to new forecasts issued Friday by trustees of both programs. The projections serve as an annual

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Stock Market Down

How to Handle an Uncertain Market: Buy Weakness, Sell Strength

Article originally published on: https://advisorstream.com A wide range of equity market outcomes lies ahead for the remainder of 2023, and flexibility will be paramount to navigate this volatility. The saying “when the facts change, I change my mind” has never been more important. There are several critical questions surrounding the market outlook: What are the

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March Madness

Traveling for March Madness? Where to Eat, Shop and Go Nuts in 6 Key Cities

MARCH MADNESS is upon us. For those who don’t follow college b-ball or live on earth, the term describes the adrenaline-fueled excitement of the NCAA Men’s Basketball tournament, which runs from March 14 to April 3 and the NCAA Women’s Basketball tournament that goes from March 15 to April 2. Arguably the single biggest show

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What does one TRILLION dollars look like?

Bracket tips for men’s NCAA Tournament: Everything you need to dominate your March Madness pool

With the 68-team tournament field revealed, how will the four regions shake out? Take a look at our latest bracketology to get a jump on your pool. Of course, you’ll first need a bracket. You can print one out here! Bracket tips? At your service ANALYSIS CAPSULES FOR EVERY REGION: West | South | Midwest |

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Don’t Forget These Tax Changes as You Prepare Your 2022 Returns

Article originally published on AdvisorStream Tax Day is about two months away, and there are some changes taxpayers need to be aware of—ranging from this year’s filing deadline to tax breaks that have expired or shrunk. As a result of numerous changes, many people may be surprised by getting smaller refunds for 2022. Others who had been

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