Customers enter a Taco Bell restaurant on July 14, 2026 in La Cañada Flintridge, California. Mario Tama | Getty Images Taco Bell has removed lettuce linked to a cyclosporiasis outbreak from restaurants, it said Friday. The outbreak has currently affected more than 1,600 people across five states, according to the Centers for Disease Control and…
After spiking to a near-record high in May, financial advisors’ confidence in the overall economy and the equity markets fell last month, as advisors reported their most pessimistic view to date of the economy’s long-term prospects. Overall, advisors’ feelings about the health of the economy fell 12% to an index reading of 106, while their…
When you fly within Europe, most major airlines don’t give you a lie-flat seat — or even a bigger recliner — in business class. That’s because the flights are short, usually one to four hours, so carriers don’t bother. Instead, business class on a quick European hop is often just a regular economy seat with…
A proposed exemption could reshape institutional deals – and the four-month wait may be next
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that Charles Schwab’s annual RIA benchmarking study found that firms continued to post strong overall growth in AUM (17%) and revenue (13.2%), alongside a continued 97% client retention rate. That said, results varied across firms (particularly…
One of the greatest ironies in personal finance is that the people with the most money sometimes live the most uncomfortably. After spending another summer in Honolulu with my parents, I’ve been thinking hard about why. This post is a love letter to frugal parents everywhere. It’s also a nudge for all of us adult…
While discussions about reforming Social Security are nothing new, inaction poses grave risks of fiscal instability, according to a recent paper published by the Mercatus Center at George Mason University. Social Security’s long-term financing shortfall—estimated to be approximately $2.8 trillion from 2032 through 2036—coupled with already rising deficits and debt may become a critical fiscal…
Before the money arrived, TD had sued the broker and his firm over the alleged fraud and frozen their accounts under a Mareva injunction. Days after the funds landed, the bank obtained consent orders permitting repayment and discontinued its own action. The two investors, the court found, knew nothing of the fraud allegations or the…
Mortgage interest rates crossed the 6.5% threshold again today. July’s rates have been elevated beyond what we saw in June, trending above last month’s average (6.34%) for 16 days straight. The average interest rate on a 30-year, fixed-rate mortgage rose to 6.51% APR, according to rates provided to NerdWallet by Zillow. This is two basis…
Friday morning started on a bearish note. The Nasdaq Composite (^IXIC 0.72%) was down 1.1% as of 12:21 p.m. ET after dipping as much as 2.2% around 10 a.m. ET, capping a week that chip stock investors would probably like to forget. The S&P 500 (^GSPC 0.59%) fell 0.7%, while the Dow Jones Industrial Average…