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Trump’s Tax Cuts Trickle Across America, Bringing Happiness and Skepticism

President Donald Trump's $1.5 trillion tax overhaul, touted as major tax relief for individuals and corporations, is showing up in bigger paychecks and bonuses awarded to workers by companies whose tax bills are being slashed. More than 200 companies, including... Continue Reading →

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Bloomberg: U.S. Consumer Confidence at 17 Year High

U.S. consumer confidence, along with a measure of Americans’ views of the economy, advanced last week to the highest levels in nearly 17 years, the Bloomberg Consumer Comfort Index showed Thursday. Key Takeaways Robust employment, rising property values, elevated stock... Continue Reading →

Guidestone Says Not to Panic Over Volatility of Stock Market

Volatility in 2018 may buffet the financial markets, which have grown feverishly since the election of Donald Trump in November 2016, according to retirement account assessments by leaders of GuideStone Financial Services. Such was the case Jan. 30 when the... Continue Reading →

50 Cent on his Surprise Windfall: ‘I Forgot’ Taking 700 Bitcoins For 2014 Album, But ‘I’m So Proud of Me’; Stake Is Now Worth Millions

When 50 Cent agreed to accept bitcoin for purchases of his 2014 album, Animal Ambition, a unit of the cryptocurrency was already worth hundreds of dollars — but the value of those sales has since skyrocketed and the rapper's bitcoin holding... Continue Reading →

Bank of America Ends Free Checking Option, a Bastion For Low-Income Customers

Bank of America is eliminating eBanking accounts this month, transferring their owners into accounts that charge a maintenance fee if they don't maintain a minimum balance or get direct deposit. The move ends a program introduced in 2010 and completes a phaseout... Continue Reading →

Black People Are Working Harder than Ever but That Doesn’t Always Translate to Higher Wages

Since 1979, African American workers have increased their work productivity (total annual hours worked) by nearly 13%, with the bottom fifth of black workers (low wage workers) having increased their work productivity by a whopping 22%. Despite these higher levels of productivity,... Continue Reading →

Rev. DeForest B. Soaries’ Global Financial Freedom Movement dfree® Continues to Promote Economic Empowerment in 2018 With BET Digital Campaign and MLK Week Appearances Around the Country

dfree® (www.mydfree.org) the global Financial Freedom Movement that is empowering organizations and individuals to lead richer lives by improving how they think about and manage money, makes an aggressive move to infiltrate culture with its message of economic empowerment by partnering with media... Continue Reading →

Study Finds that World’s Richest 1% Made Over 80% of All Wealth Created Last Year

The world's richest one percent raked in 82 percent of the wealth created last year while the poorest half of the population received none, Oxfam said Monday, as the world's elite prepared to mingle at the World Economic Forum in... Continue Reading →

Gallup Poll Says Americans’ Optimism About Job Market Hit Record High in 2017

STORY HIGHLIGHTS 56% viewed job market positively in 2017, up from 42% in 2016 Confidence in job market buoyed by Republicans since Trump's inauguration 40% of unemployed adults seeking jobs rated job market as good Americans' optimism about finding a... Continue Reading →

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