Jane Fraser will replace Michael Corbat as CEO of Citigroup in February 2021. The CEO of Citigroup’s largest division, global customer banking, Fraser, will be the first female CEO of a major wall street bank. In the September 10 announcement, John C. Dugan, Chair of the Board of Directors, said: …
Read More »7 Ways Your Taxes Could Change Under Biden
Pix_Arena / Shutterstock.com Presidential candidates tend to focus on issues that are near and dear to us, from shoring up Social Security to stamping out the coronavirus. But perhaps none is as near and dear to our pocketbooks as the topic of income taxes. To help you better understand the …
Read More »Mortgage Applications Are Increasing. Here Are 3 Things to Know.
It seems just about everyone is applying for a home loan right now. According to a recent report from the Mortgage Bankers Association (MBA), mortgage applications are up 40% compared to the same time last year. Why the increase? Why are so many people looking to buy a home right now, and …
Read More »9 Things You’ll Never See at Costco Again
Photo by mediaeugene / Shutterstock.com Costco’s buyers must be busy — although I’m a frequent shopper, the warehouse store is always full of items I’ve never seen there before. From Lego Advent calendars abd colorful cast-iron cookware to giant jars packed full of biscotti, I’m always tempted to toss a …
Read More »7 Questions You Should Ask Before Buying Life Insurance
WAYHOME studio / Shutterstock.com Because the job of life insurance agents is to sell policies, they may not tell you everything you need to know before you make a purchase. Agents typically are paid through commissions. The more insurance you buy, the more money they make. It’s up to you …
Read More »Workers in These 10 Industries Have the Worst Health
StratfordProductions / Shutterstock.com Where you work could affect more than how much you earn. Certain industries are associated with a higher percentage of workers in fair or poor health, according to a ZenBusiness analysis of the latest data from the Centers for Disease Control and Prevention’s National Health Interview Survey. …
Read More »Can You Pick Up a Side Gig While on Unemployment?
An estimated 20% of Americans are receiving unemployment benefits, and since August have had those benefits slashed in half. If you’re considering turning to a side gig for extra income, doing so could disqualify you or limit your employment benefits. Each state has its own qualifications for unemployment insurance, so …
Read More »4 Ways to Better Understand Risk in Your Personal Finances
Recently, Dr. Aaron Carroll wrote a wonderful article on COVID-19 and personal risk for the New York Times. The article dove deep into how we, as humans, assess risk in our daily lives and how that normal assessment of risk doesn’t actually match up well to the realities of the …
Read More »How I Used the Stock Market to Turn $1,500 Into $1 Million
Photo by Aaron Freeman / Money Talks News Imagine investing $ 1,500, then watching it grow to around $ 1.4 million two decades later. About 20 years ago, I bought 200 shares of Apple stock for around $ 1,500. When I recorded this podcast on Aug. 26, thanks to stock …
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