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Trump administration suggests allowing private equity and cryptocurrency in 401(k) plans.

Trump administration suggests allowing private equity and cryptocurrency in 401(k) plans.

New Proposed Rules for Retirement Plans The Trump administration revealed plans on Monday that would permit retirement accounts to incorporate alternative investments, like private equity and cryptocurrencies, into their options. This move impacts 401(k) accounts directly. The Department of Labor’s regulations are designed to dismantle long-standing obstacles that have kept alternative assets out of retirement […]

Mayor of Boston highlights significant graduation rates after eliminating ‘F’ grades and hiring equity consultants at $120K

Mayor of Boston highlights significant graduation rates after eliminating 'F' grades and hiring equity consultants at $120K

Boston’s Graduation Rates Rise Amid Controversial Policies Boston has recently reported a historic achievement, with the graduation rate for its public schools reaching 81.3%. This marks a slight increase from the previous high of 81%, drawing both celebration and skepticism from various observers. Mayor Michelle Wu attributed this increase to policy changes focused on making […]

2 Reasons I Keep Purchasing the Schwab U.S. Dividend Equity ETF

2 Reasons I Keep Purchasing the Schwab U.S. Dividend Equity ETF

Recent Investment in Schwab US Dividend Stock ETF I recently made another purchase in my stock portfolio—this time it was the Schwab US Dividend Stock ETF (SCHD). It’s part of my ongoing effort to strengthen my holdings in this popular dividend ETF. There are a couple of reasons why I find it hard to step […]

The Schwab U.S. Dividend Equity ETF Achieves a 12.9% Annualized Return. These 2 Key Holdings Highlight the Strength of its Investment Approach.

The Schwab U.S. Dividend Equity ETF Achieves a 12.9% Annualized Return. These 2 Key Holdings Highlight the Strength of its Investment Approach.

Investing in Dividend Stocks: A Steady Approach Often, investors see dividend stocks as, well, a bit dull. They might lack the excitement of some high-growth stocks, but in terms of returns, they tell a different story. Over the last 50 years, stocks that pay dividends have significantly outperformed their non-dividend counterparts by more than double. […]

Mamdani invests millions in offices for racial equity and high-paying DEI positions.

Mamdani invests millions in offices for racial equity and high-paying DEI positions.

New York City’s Budget Proposal Under Mayor Zoran Mamdani City officials have characterized parts of the new budget as a “last resort”. However, Mayor Zoran Mamdani is pushing forward with plans that significantly increase funding for a growing “racial equity” bureaucracy, including high-salaried diversity roles. To fund this ambitious $127 billion agenda, the proposal includes […]

Goldman Sachs plans to eliminate board hiring standards for diversity, equity, and inclusion during policy changes

Goldman Sachs plans to eliminate board hiring standards for diversity, equity, and inclusion during policy changes

Goldman Sachs is set to eliminate its DEI recruitment criteria, as reported by The Wall Street Journal. This decision follows previous changes made last year when the firm removed diversity requirements from public company boards. Initially, the board’s steering committee assessed candidates using a mix of criteria, including traditional definitions of diversity related to backgrounds […]

Spirit Airlines seeks help from private equity firm Castlelake to prevent bankruptcy, according to a report.

Spirit Airlines seeks help from private equity firm Castlelake to prevent bankruptcy, according to a report.

Spirit Airlines Faces Potential Bankruptcy Resolution Struggling budget airline Spirit Airlines might just dodge bankruptcy—at least for now. The airline is currently in talks with Castle Lake, an investment firm managing around $33 billion in assets, concerning a potential acquisition. For quite some time, Spirit has found itself at odds with competitors, particularly those offering […]