Spending

KFC parent company doubles deals as consumers cut spending

Yum misses estimates as spending rises Low-income consumers fall back – CEO Decline in Pizza Hut sales Aug 3 (Reuters) – Yum Brands Inc (YUM.N) said on Wednesday it would offer new items and promotional offers as it seeks to reverse slowing consumer demand for its pizza and fried chicken low income. Americans are tightening […]

Income

Biden signs executive order to try to help low-income women pay for abortions if they have to cross state lines

President Joe Biden on Wednesday signed an executive order that his administration says will help low-income people pay for abortion services if they have to travel out of state to obtain them. The order, administration officials say, paves the way for Medicaid to cover abortion-related costs for people who have traveled from states where their […]

Savings

New Tax Saving Strategies – Westfair Communications

The capital gains exclusion from Section 1202 Qualified Small Business Stock (QSBS) and Section 1202 has recently gained popularity as a tax-saving strategy. Section 1202 has been around for almost 30 years when it was enacted in 1993, however, over the years it has been amended to adjust the portion of the total capital gain […]

Insurance

Verisk insurance segment revenue up 10.9% in second quarter

Insurance and analytics provider Verisk reported revenue growth of 10.9% in its Insurance segment, offsetting lower revenue in other business segments. Insurance revenue increased from $550.0 million to $610.0 million from the second quarter of last year to the same period in 2022. Meanwhile, underwriting and ratings revenue rose 12.8% to $437.8 million, while energy […]

Savings

When is it okay to use retirement savings to pay off credit card debt?

Comment this story Comment When your budget is tight and your debt seems insurmountable, it’s easy to see the money you’ve saved in your retirement account as a way out of a bad situation. With inflation and rising consumer prices, Americans are turning more to credit. Credit card balances have increased by $46 billion since […]

Spending

Hassan passes new federal spending in the face of GOP attacks

Ads are hard to miss. Bedford bakery owner talks about impact of inflation on her small business; an attack on “outrageous” federal spending and wasted billions during the COVID crisis; the message “Call Senator Hassan, tell him to stop the reckless spending that causes runaway inflation”. But whether that impacts the incumbent Democrat, it doesn’t […]

Insurance

Race, insurance status linked to poor outcomes in patients hospitalized for UC

According to a nationally representative cohort study, race/ethnicity and insurance status were associated with poor outcomes in hospitalized patients with ulcerative colitis (UC). Among nearly 35,000 people included in the cohort, black patients had higher mortality rates than white patients (adjusted OR [aOR] 1.38, 95% CI 1.07-1.78, P= 0.010), reported Karen Joynt Maddox, MD, MPH, […]

Spending

Looming recession does not affect tourism, spending in Wilmington area

It’s a Thursday at the end of July and we’re talking about a recession. But you would never know that by looking around Southport town centre. The streets are lined with cars and people stroll through the city, stopping at shops, buying ice cream and hoping to catch a glimpse of the filming taking place […]

Income

Basic income grant, pie in the sky for SA: Busisiwe Mavuso

Devon Thomas | Refilwe Moloto speaks with Business Leadership South Africa CEO Busisiwe Mavuso on why talking about a basic income grant has no place in an ANC policy conference or on a national agenda in South Africa. With 12.4 million people in the country desperate for financial support from the government, a basic income […]

Savings

DMO issues new savings bonds to be subscribed at N1,000

The Debt Management Office (DMO) has announced two additional Federal Government Savings Bonds for August at N1,000 per unit. He said in Abuja on Monday that the first offering is a two-year savings bond maturing August 10, 2024 at an interest rate of 9.41% per annum. The second is a three-year savings bond maturing August […]

Insurance

Cotton commodity prices slump as insurance price rises

LUBBOCK, Texas (KCBD) – After a tough season with extreme heat and drought, cotton commodity prices have fallen. On May 17, prices were at $1.20 a pound or higher, on July 15 they were down to 90 cents. A professor of agriculture and applied economics at Texas Tech says it could be a kick-start for […]

Savings

Tandem Bank joins Raisin UK Savings Marketplace

Digital bank Tandem announcement in a statement on Monday (August 1) that he joined the UK online savings marketplace, giving UK customers access to its range of fixed-term savings products. Tandem’s current suite of savings products spans a fixed rate and instant access, and it is expected that over time other Tandem savings products will […]

Spending

New York Republicans renew call for spending cap

State Senate Republicans on Monday called for an official cap on state spending in the New York budget as inflationary costs continue to take their toll. The conference released a report highlighting the effects of inflation on New Yorkers’ wallets and offered a 10-point set of proposals aimed at reducing the impact of rising consumer […]

Income

GOF: An Income Investor’s Friend (NYSE: GOF)

Talaj/iStock via Getty Images Guggenheim Strategic Opportunities Fund: The Income Investor’s Friend I’m a big fan of the Guggenheim Strategic Opportunities Fund (NYSE: GOF) as a way to add income to any portfolio. Due to its efficiency of approximately 13%, one can easily create the desired performance by increasing or decreasing exposure to it. The […]