A Slight Retreat
Indices closed in the red zone on Thursday. Brands traded lower amid a variety of economic news. The European Central Bank cut its benchmark interest rate to 0.05 percent from 0.15 percent.
Life Insurance for the Self-Employed
If you are self-employed your life insurance needs also need to consider your business financial obligations. Learn more in this Business Tip.
Another Mixed Session
Indices closed out mixed in Wednesday’s session. The Dow tacked on marginal gains while the S&P 500 landed just below the flat line and the Nasdaq shed some points. Stocks moved amid favorable factory orders data and respectable monthly auto sales figures. Orders for manufactured goods jumped 10.5 percent in July, which was well beyond a 1.5 percent uptick in June. Meanwhile, sales of Ford and Chrysler vehicles ramped up in August.
Reap the Tax Benefits of Education Planning
Uncle Sam appreciates a higher education. Learn the tax advantages to going to school in this week’s Tax Tip.
Mixed Results
Indices ended mixed on Tuesday. The Dow and S&P 500 landed to the red side, while the Nasdaq closed with gains. Home Depot led decliners following word that the home improvement company may have faced a customer credit and debit data breach. Energy brands such as Chevron, Exxon and Schlumberger retreated as well, while Apple closed at an all-time record level.
Possible Relief for Consumers with Low Credit Scores
How your credit score is calculated is changing–likely in your favor if you’ve had medical debt repaid in collections. Learn how in this week’s Financial Tip.
Stocks Step Up
The S&P 500 closed above the 2K mark on Friday. Brands gained on favorable economic news. Consumer confidence ticked up this month. The final reading of the University of Michigan’s consumer sentiment index hit 82.5, exceeding expectations of 80.2.
Don’t Confuse a Product with a Plan
In today’s Marietta Daily Journal, Bil Lako, CFP® explains how a financial product is not a financial plan. Read the article
Tax Deductibility of Business Vacation Expenses
Traveling to Hawaii on business and then staying for a vacation? Know what expenses are deductible before you go. We explain in this Business Tip.
Brands Retreat
Brands took a breather on Thursday. Investors proceeded with caution on renewed Ukraine rumblings and a variety of economic data. Brands such as JPMorgan Chase and Abercrombie & Fitch traded lower.