Indices closed well into red territory on Friday. Stocks sold off amid news of the Brexit voting results. The pro-exit vote impacted stocks and oil prices. Financial brands such as Deutsche Bank, Royal Bank of Scotland, Bank of America and JPMorgan Chase traded lower.
Employers may consider a death benefit only life insurance plan as a benefit for highly compensated employees. Read more in this week’s Business Tip.
Teachers may be able to deduct more than $250 in classroom supplies on their taxes. We explain in this week’s Tax Tip.