The “Dogs of the Dow” and “Dogs of the S&P” are widely recognized stock-picking strategies that emphasize the selection of high-dividend-yielding stocks from the Dow Jones Industrial Average and the S&P 500 indexes, respectively. At the onset of each year, investors engage in a systematic approach where they identify the ten highest-yielding dividend stocks from
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As the holiday season comes to a close, many Americans find themselves grappling with the consequences of festive spending. A recent survey conducted by LendingTree reveals that nearly 36% of American consumers accumulated holiday debt this year, with each individual averaging a staggering $1,181 in new balances. This marks an increase from the previous year’s
Inflation has been a recurring theme in economic discussions, particularly since the pandemic led to unprecedented financial pressures. The most recent data from November highlights a slight increase in consumer prices, primarily driven by rising costs in groceries, gasoline, and new vehicles. An overview of these trends can offer insights not only into the current
The U.S. Treasury Department’s decision to extend the deadline for small businesses to file the Beneficial Ownership Information (BOI) report has become a significant talking point in discussions surrounding compliance and regulatory obligations. This extension, now set for January 13, 2025, marks a shift from the previous deadline of January 1, 2024, and highlights the
In a significant legal move, the Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against retail giant Walmart and the work-scheduling platform Branch Messenger. This complaint sheds light on serious allegations concerning the management of payment accounts for delivery drivers, raising crucial issues regarding workers’ rights and corporate accountability. The CFPB’s claims underscore the
The U.S. job market has experienced significant changes that reflect broader economic trends and societal shifts, especially in the wake of the pandemic. The period known as the “great resignation” characterized by mass employee turnover has given way to what can be best described as the “great stay.” This current state indicates a labor market
In the ever-evolving landscape of American student loan policy, recent actions by the Biden administration have raised eyebrows and sparked ample debate. With significant withdrawals from proposed student loan forgiveness plans, the hopes of millions faced with crushing education debt have been met with disappointment. This article delves into the implications of these developments for
The recent announcement from the Federal Reserve has raised quite a few eyebrows, particularly regarding its projections for interest rate cuts through 2025. The Fed’s updated dot-plot reveals an unexpected move, suggesting only two quarter-point reductions over the next two years, which contrasts sharply with the previous forecast of four. This change not only affects
In the wake of President-elect Donald Trump’s intentions to impose substantial tariffs on Canadian imports, there is a palpable sense of unease regarding the potential repercussions on the automotive industry in North America. This is particularly pressing for Ontario, which serves as the heart of Canada’s auto manufacturing sector. As the automotive trade between the
On a pivotal Wednesday, the Federal Reserve made headlines by announcing yet another decrease in its benchmark interest rate, this time by a quarter percentage point, equating to 25 basis points. This reduction signifies the third consecutive cut, effectively lowering the federal funds rate by a total of one percentage point since the initiation of