Guiding the Way to Financial Freedom
Minimum wage worries in Minneapolis as Uber and Lyft have decided to pull out of operating in the area due to new laws that would require them to pay their drivers $1.40 per mile, $0.51c per minute, with a $5 minimum per ride, excluding tips. Here’s the full story. Uber and Lyft Exit Last week, … Read more
During a recent visit to Beijing, US officials were assured that Chinese banks remained stable amidst a turbulent period in China’s economy. Trip to China Janet Yellen, the U.S. Treasury Secretary, revealed that a working group of Treasury officials had visited China on January 19. During their trip, they were assured that Chinese banks were … Read more
The Baby Boomers: a generation that rocked the economy like a hurricane, leaving behind a trail of financial challenges for those caught in the aftermath. As they strutted through the economic landscape, their moves were bold, but the footprints? Monumentally deep. Let’s dive into the 20 seismic shifts they initiated, making the American Dream a … Read more
California: the land of sunshine, innovation, and, well, some of the highest taxes in the United States. From the beaches of Los Angeles to the tech hubs of Silicon Valley, residents find themselves navigating a complex landscape of state taxes. Here’s a rundown of 23 taxes that might make Californians and onlookers alike do a … Read more
Millions of Americans could receive much-needed financial relief this tax season in the form of waived penalties from the IRS. IRS Plan to Provide Relief for Taxpayers The IRS recently announced a plan to waive $1 billion in penalties for people and businesses who still owe back taxes from 2020 and 2021. The waiver will … Read more
Discount variety chain Dollar Tree will be closing nearly 1000 stores in the next few years. 1000 Stores Closing Dollar Tree has announced that it will be closing close to 1000 Family Dollar and Dollar Tree stores, after a review of its performance in the 2023 fiscal year. Dollar Tree Press Release In a press … Read more
Vermont is introducing a historic bill that would see a rise in tax payments from its wealthier residents in an attempt to fund issues brought on by the wide financial inequality in the state. Vermont’s Progressive Stance on Wealth Tax Vermont has introduced two bills aiming to impose wealth taxes on its wealthiest residents in … Read more
The U.S. housing market is at a turning point. High mortgage rates mean prices might drop, giving buyers a chance to get their foot in the door. Meanwhile, sellers face new challenges as interest rates and the number of homes for sale change. U.S. Housing Market Hits Rock Bottom According to the CEO of real … Read more
While some antique books sell for pennies at thrift stores and used bookshops, others are sold for more than the price of a new house. First editions or special editions of iconic literary works can sell for thousands and, in some cases, millions. People value first editions, copies signed by the author, misprints, original dust … Read more
New York’s reputation as America’s financial powerhouse is under threat. High taxes and a less-than-friendly business environment have driven away high-earning residents, putting the state’s financial industry—and by extension, its economy—at risk. The Empire State’s Decline New York is seeing a drop in its financial prowess. A recent study shows that the state’s status as … Read more