The Markets - May 8, 2023
The labor market just keeps growing…and growing…
The labor market just keeps growing…and growing…
Planning for what will happen to your wealth when you are gone can be a difficult thing to think about, but doing so now can benefit you and your family
Despite more than a year of aggressive Federal Reserve rate increases, the United States economy is still growing, albeit more slowly. U.S. gross domestic product (GDP) – the value of all goods and services produced in the U.S. economy – grew by 5.1 percent over the first quarter.
It’s earnings season – the time when publicly traded companies report on how profitable they were during the first quarter of 2023.
The recent 2022 Social Security Trustees report finds that in 2034, retirees will start receiving a reduced benefit if Congress doesn’t fix funding issues for the social program. In other words, Social Security will exist after 2034, but retirees will only receive 77% of their full benefit starting then.
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