Supreme Court Holds Life Insurance Proceeds Paid to Closely-Held Corporation to Fund Buy-Sell Agreement Increases Estate Tax on Deceased Shareholder’s Estate

In Connelly v. U.S., 144 S.Ct. 1406 (June 6, 2024), the United States Supreme Court upheld an estate tax deficiency of $889,914 in a decision that will impact many families and…

BIOSECURE Act: Anticipated Movement, Key Provisions, and Likely Impact

Last night, the House of Representatives passed the BIOSECURE Act (BIOSECURE or the Act) by a bipartisan vote of 306 to 81. The BIOSECURE Act prohibits federal agencies from procuring…

The latest inflation report keeps the Fed on track for a quarter-point rate cut. Wall Street isn’t satisfied.

A fresh reading on consumer prices is likely to keep the Federal Reserve on track to cut interest rates next Wednesday by a quarter percentage point, disappointing some on Wall…

CPI: Car prices down again in August, with used vehicles down over 20% from recent highs

Car prices kept sliding in August — among the most of any major category in the Consumer Price Index (CPI) over the last year — as vehicle prices move toward…

Economic Indicators You Should Know for Investment

Economic indicators are some of the most valuable tools investors can place in their arsenals. Consistent in their release, wide in their scope and range, metrics such as the Consumer Price Index (CPI) and…

A Beginners’ Guide to Managing Your Money

The internet has changed the way we live our lives. Not long ago purchasing stock was not as easy as it is now. The order went through a complex network…

Ozempic Maker Sued Over Claims the Drug Led to Woman’s Colon Removal

A woman is suing the maker of Ozempic after she says severe side effects led to the removal of her colon. She claims she was not warned that this was…

What everyone should know about antibiotics, according to experts

Antibiotics are some of the most powerful tools in medicine. They’re prescribed to treat a variety of infections caused by bacteria, such as urinary tract infections, most ear infections, strep…

FedNow: What It Is and How It Works

FedNow is a new instant payment service launched by the Federal Reserve in July 2023. Using the FedNow Service, financial institutions can give customers real-time payment capabilities, executing transactions in…

Women Will Be Notified Of Breast Density After a Mammogram: What to Know

The FDA will now require all mammography reports to include whether a person has breast density. Breast density is considered a risk factor for breast cancer and can make it…