Author: Press Room

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseDonald Trump was joined on stage by billionaire backer Elon Musk for a rally in the Pennsylvania town where he survived an assassination attempt, as the neck-and-neck US election campaign heads into its final month.Musk, the Tesla founder who has donated to a super Pac associated with the Republican campaign, leapt on to the stage to urge voters to support Trump, repeating the candidate’s claim that the November vote was the “most important election of our lifetime”. “The true…

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Attitudes about the obligation to provide care for an aging parent in failing health vary. In some families, there is an unspoken expectation that it is the daughter’s job to provide this care, despite the fact that there is no legal obligation for any particular person to do so. Rarely does the son or son-in-law of the elder step in and volunteer to do the work. There are exceptions, but most caregivers are women in these situations. Here at AgingParents.com, where we consult with families, we see the daughter or daughter-in-law simply taking leadership and stepping in to do the…

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A federal judge in Missouri on Thursday temporarily blocked President Biden’s student loan handout just one day after a judge in Georgia had permitted the plan to move forward. U.S. District Judge Matthew Schelp snatched the win from the Biden administration in response to a request from six Republican state attorneys general who have challenged the White House’s effort.Schelp, an appointee of Republican former President Trump, issued a preliminary injunction blocking the Biden administration from “mass canceling” student loans and waiving principal or interest under the plan pending the outcome of the states’ lawsuit. The ruling came down after U.S. District…

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One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as risky as common stocks.Infrastructure Capital Advisors Founder and CEO Jay Hatfield manages the Virtus InfraCap U.S. Preferred Stock ETF (PFFA). He leads the company’s investing and business development.”High yield bonds and preferred stocks… tend to do better than other fixed income categories when the stock market is strong, and when we’re coming out of a tightening cycle like we are now,” he told CNBC’s “ETF Edge” this week.Hatfield’s ETF is up 10% in 2024 and almost 23% over the past…

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Stacie Grissom and Sean Wilson lived in New York City for almost a decade, and then the covid-19 pandemic hit.In early 2020, Grissom was pregnant with their first child and working in marketing at BarkBox, while Wilson was working as an orthopedic surgeon in NYC hospitals.Seeing the state of the city during that time made Grissom realize she was ready to move back to Franklin, Indiana, their hometown, which is about 30 miles from downtown Indianapolis.”We had a reevaluation that it’s the people who matter the most, so we wanted to move back to our hometown to be by our…

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False claims about the federal response to the historic devastation left by Hurricane Helene are spreading out of control on social media, hampering recovery efforts in hard-hit areas, according to local officials. The flood of misinformation targeting the Biden administration’s response to the destructive storm is an ominous sign for the coming election, with the presidential contest between former President Donald Trump and Vice President Kamala Harris sure to trigger further attacks on the truth. “If you think the lies and distortions and know-nothing takes about FEMA are bad, just wait until this time next month,” Tim Alberta, The Atlantic staff writer and author, wrote on X, one of the primary platforms where falsehoods have spread faster than facts. Elon Musk,…

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This article was written byFollowBrian Gilmartin, is a portfolio manager at Trinity Asset Management, a firm he founded in May, 1995, catering to individual investors and institutions that werent getting the attention and service deserved, from larger firms. Brian started in the business as a fixed-income / credit analyst, with a Chicago broker-dealer, and then worked at Stein Roe & Farnham in Chicago, from 1992 – 1995, before striking out on his own and managing equity and balanced accounts for clients. Brian has a BSBA (Finance) from Xavier University, Cincinnati, Ohio, (1982) and an MBA (Finance) from Loyola University, Chicago,…

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Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseAndreessen Horowitz co-founder Ben Horowitz said he will make a “significant donation” in support of Kamala Harris’s presidential election campaign, just weeks after he and Marc Andreessen shocked Silicon Valley by backing her Republican rival Donald Trump. Horowitz told staff at his venture capital firm on Friday that he and his wife Felicia would be backing the Democratic candidate and her running mate Tim Walz, having been personal friends with the vice-president for a decade. “As a result of…

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A judge has rejected a lawsuit filed by Republican Party officials in Georgia that sought to cast doubt on the security of voting machines that will be used across the state in the upcoming 2024 election. Fulton County Judge Scott McAfee noted in his ruling issued Friday that the equipment remains certified and the consequences of potential security risks “are – at this point – purely hypothetical.” The failed lawsuit, filed by GOP officials in Dekalb County and a familiar cast of pro-Trump lawyers just weeks before early voting begins in Georgia, argued the Dominion voting machines are not in…

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