Life throws unexpected challenges at us, especially when it comes to money. Knowing the common financial emergencies can help you prepare and have a safety net. Let's dive into the most frequent money problems people face. Why you need emergency savings? Emergency savings are your financial backup
A recent report from the Committee for a Responsible Federal Budget (CRFB) suggests that Donald Trump's campaign proposals could speed up the insolvency of Social Security, a crucial program for millions of American seniors. The CRFB found that Trump's plans might make Social Security run out of mon
Ever since Donald Trump started his political career, he's been promising to safeguard Social Security. But his recent tax break proposals might backfire. He wants to stop taxing Social Security benefits, which could drain the program's funds faster. A watchdog group says this could lead to a 30% cu
Ever wondered how Bruce Springsteen has kept his band, the E Street Band, together for over five decades? Well, he spilled the beans at a recent event in London. The 75-year-old rockstar, who's worth over a billion dollars, admitted that paying his band members well is key to their longevity. "I pay
You know how banks use AI to catch fraud? Well, Uncle Sam is doing the same thing! The US Treasury Department just used AI to catch $1 billion in check fraud alone last year. That's huge! And it's not just checks. They stopped over $4 billion in fraud overall. How? By using machine learning to dig t
Cancer is tough on everyone – patients, their loved ones, and even employers. It takes a toll on health, emotions, and wallets. A recent study showed that half of cancer patients struggle with medical debt, some owing over $5, 000 for a year or more. Many people empty their savings just two years po
CVS Health has a new captain at the helm. David Joyner steps up to replace Karen Lynch as CEO, hoping to navigate the company through rough waters. The health care giant has been struggling a lot this year, with its stock dropping by about 19%. It's been a tough time for major pharmacy chains, compe
CVS Health has named David Joyner as its new CEO, filling the shoes of Karen Lynch who stepped down after an agreement with the board. Joyner, previously the vice president of CVS Health and president of CVS Caremark, will also join the board. The company believes Joyner's deep understanding of thei
Are you curious about what's going on in China's financial industry? Lots of people are changing careers! It's not just about the economy being slow. Things are tough for finance pros with new rules coming in and salaries going down. Even investors aren't happy. Some financial professionals like Xu
You might remember my last article about Microsoft Corporation (NASDAQ: MSFT) where I said, "Don't bother with the price now. " Back then, Microsoft's stock was valued at around 40 times its Blended P/E. As a financial analyst with 30 years until retirement, I'm using my time at a big-name firm to c
