Here’s what the Senate Republicans propose in Trump’s ‘big, beautiful bill’
On Monday, the Senate Finance Committee unveiled some of President Trump’s “significant and beautiful bills,” which cover topics like Medicaid, taxes, and green energy tax credits. This part of the bill was highly anticipated, featuring some contentious elements that Senate GOP holdouts had previously flagged. It seems to be shaping up as a point of […]
Trump arrives in Canada for the G7 summit. Here’s what to expect.
The G7 Summit in Canada The G7, consisting of Canada, France, Germany, Italy, Japan, the UK, and the US, has been gathering since the 1970s to address international security, human rights, economic governance, and technology issues. Amid increasing military tensions with Israel and Iran, alongside unresolved conflicts between Ukraine and Russia, President Donald Trump arrived […]
I was involved in the creation of Medicare Advantage. Here’s why I think it needs to be changed.
Back in 2003, I helped draft the Medicare Modernization Law, which introduced the Medicare Advantage plan and added prescription drug benefits via Part D. At that time, I thought private sector competition would lead to innovation, better care for seniors, and ultimately save taxpayer money. I was encouraged by an executive from a health insurance […]
Two Struggling Dividend Stocks and One ETF Offering Over 4% Returns. Here’s Why They Are Worth Investing in June.
Phillips 66 is a major player in the refining sector, known for its consistent dividend increases. JM Smucker has become an attractive option for investors due to its affordability. Global X MLP & Energy Infrastructure ETFs are paving the way for America’s energy future. S&P 500 (snpindex: ^gspc) has seen a remarkable recovery, as investors […]
The “Magnificent Seven” Continue to Outpace the S&P 500. Here’s When That Might Shift, According to Wall Street Experts.
“The Magnificent Seven” showed significantly better revenue growth in the first quarter compared to other market segments. Amazon and Alphabet were the major players driving this outperformance. Investors should think about the valuation as the rest of the market begins to catch up with these standout companies. S&P 500 has seen remarkable returns over the […]
Seniors are losing billions to online scams — here’s how to stop it
Last year, Americans aged 60 and older lost nearly $5 billion due to online scams. According to the FBI, this marks a staggering 43% increase since 2023. Those over 60 are facing the highest financial losses across all age groups, with a rising number of complaints suggesting this issue is not just a temporary spike—it’s […]
Congress Is Developing a New Cryptocurrency Bill. Here’s What Investors Should Be Aware Of.
Stablecoin Growth and Regulatory Developments Stablecoins have surged in popularity, now reaching a substantial $250 billion market. In Washington State, senators are working to finalize a stablecoin law by summer’s end, which could entice more cryptocurrency investors towards stable options. In June 2020, the value of the crypto stablecoin market hovered around $10 billion. Fast […]
Protests on No Kings Day in NYC did not exceed 75,000 — here’s where it happened
On Saturday, over 1,500 rallies dubbed “Kings No Day” are set to take place in hundreds of cities across all 50 states, opposing President Trump during the Army’s 250th anniversary parade in Washington, D.C. The organizer’s website, nokings.org, outlines planned protests in both the U.S. and Canada, describing it as “a national day of action […]
Decline of the Dollar Compared to the Euro: Here’s Why This Is Only the Start
The dollar has seen a significant drop against the euro and other major currencies since the start of the year. This trend, which seems to be ongoing, appears to be influenced by an uncertain geopolitical landscape and economic decisions tied to the Trump administration. The question remains: how far can this decline go? Simply put […]
This retail stock is anticipated to change by over 13% due to earnings this week. Here’s how to trade it.
RH’s Market Position and Future Outlook RH operates in a niche segment of the furniture market, characterized by a high-end product line and relatively small market share, which suggests potential for long-term growth. However, challenges persist, particularly due to a sluggish housing market in the U.S. CEO Gary Friedman expressed concerns during last quarter’s revenue […]