US banks had a stellar run in late 2020 and 2021. Stocks in the sector soared roughly 80%, powered by the strong economic recovery and the pro…
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So much for bitcoin being digital gold.
So much for the good feelings on Wall Street. US markets fell sharply Thursday, marking their worst day of the year and eviscerating all of th…
If you're concerned because the Federal Reserve just raised interest rates again: Take a minute to get some perspective.
HICKORY — Davidson, Holland, Whitesell & Co., PLLC, Certified Public Accountants and Strategic Advisors (“DHW”), announced the hiring of B…
Q: My wife’s father is close to death and he has moved all of his investments into his bank in the form of cash. He said that was done to help my wife and her brother avoid probate on those instruments. It’s not a lot of money (approximately $250,000), but since I will be doing his taxes for 2022 I’m wondering whether I will have to pay taxes on that cash. Also, will my wife and brother-in-law owe a federal gift tax on amounts over $14,000?
Leading by example is certainly the best approach so perhaps apply all of the tips disclosed in this video to your money matters too! Buzz60’s…
Today more than 43 million Americans hold student loans, which altogether total over $1.75 trillion. This mammoth amount of student debt is the result of many factors, including the cost of college rising; state and federal governments reducing funding for higher education financial assistance programs; and stagnant wages.
Automating financial tasks sounds like the perfect way to check mundane items like saving and paying bills off your to-do list with minimal effort. But there’s a potential downside to giving up manual control.
HICKORY — Catawba Valley Community College has signed an articulation agreement with Montreat College for its business administration and acco…
There are crucial differences between how credit card interest functions compared to how buy now, pay later loans work — which are important to understand when considering which option is better for you.
The cost of everything keeps creeping up. And if you happen to have credit card debt, that’s about to get a bit more expensive too, thanks to a series of…
Two years after the chaos of the pandemic prompted Congress to pause federal student loan payments, new data show many borrowers have used that extra room in the budget to…
HICKORY — The Catawba Valley Community College Small Business Center will present three free webinars to assist small businesses with using Qu…
Depending on your financial goals, you may find that having more than one bank account makes sense. But there’s no correct number of bank accounts to have. The key is figuring out which combination of accounts makes for the ideal match between your financial goals and your lifestyle. Here’s how to determine which bank account […]
Recently, the three major credit bureaus announced plans to incorporate "buy now, pay later" plans, a hugely popular type of point-of-sale financing that until now remained mostly outside the traditional credit ecosystem, into credit reports.
In a higher rate environment, banks may start raising rates on savings accounts to attract new customers. This puts competitive pressure on other institutions to increase their rates.
What the Federal Reserve did and why The Federal Reserve raised a bedrock interest rate on Wednesday. As a result, mortgage interest rates probably will go up, and rates on…
A total of 26.6 million people are expected to resume student loan payments on May 2 after being paused since March 13, 2020, and government agencies, advocates and lawmakers worry that borrower default numbers could swell.
Maybe you love to travel and the thought of a shiny, metal card that gets you free flights is dazzling. Maybe you’re a pragmatic college student planning to study abroad…
“Buy now, pay later” promises simple payment plans that can make financing your next purchase easy and affordable. These plans typically divide your total purchase into four equal installments with…
If you're anxious about your ability to save for the future, here's how you can manage those feelings and get on track.
HICKORY — Jeffrey L. Blalock has been selected as the new Finance Director for Hickory Public Schools. Blalock replaces Adam Steele who left i…
The accounting firm that prepared former President Donald Trump's annual financial statements says the documents, used to secure lucrative loa…
Read all about small business loans and other funding options with Money’s expert guide.