Personal Finance

We Still Don’t Know Who At The Fed Will Vote On Interest Rates Next Week

We Still Don't Know Who At The Fed Will Vote On Interest Rates Next Week

Key Takeaways Less than a week before the Fed’s policy committee is set to vote on interest rates, the makeup of the 12-person body is undecided. Key questions are whether Fed Governor Lisa Cook will remain on the committee despite President Donald Trump’s attempts to fire her, and whether the Senate will confirm a Trump […]

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Vince Grows Margins as DTC Sales Rise

Ooma Reports Record Q2 Profit Growth

Vince(VNCE 97.26%) reported second quarter fiscal 2025 earnings on August 6, 2025. Net sales reached $73.2 million, down 1.3% year-over-year (YoY), while adjusted net income excluding a one-time employee retention credit was $4.9 million ($0.38 per share), supported by a 300 basis point year-over-year gross margin improvement and strong direct-to-consumer (DTC) sales growth of 5.5%.

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Four Tax-Efficient Ways to Ditch Concentrated Stock Holdings

A large orange sphere surrounded by smaller wooden blocks.

Imagine building wealth over decades, only to have a single stock threaten it. That’s the risk many high-net-worth individuals face, especially first-generation wealth builders and corporate executives. Whether the stock comes from compensation, an inheritance or company loyalty, holding too much of one position can put your financial future at risk. From just $107.88 $24.99

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5 Reasons Behind the U.S. Housing Price Surge, Leaving Many Struggling to Buy or Rent

5 Reasons Behind the U.S. Housing Price Surge, Leaving Many Struggling to Buy or Rent

Key Takeaways Housing demand continues to outpace supply, driving up prices nationwide for home buyers and renters.  High mortgage rates are pricing out some buyers while discouraging existing homeowners to sell. Restrictive local zoning regulation can make it harder to build new homes, driving up the cost of housing in those communities. Institutional buyers are

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The Silly Way You Could Be Missing Out on More Retirement Savings

The Silly Way You Could Be Missing Out on More Retirement Savings

You might kick yourself over this one. If Social Security could replace 100% of workers’ paychecks, then there wouldn’t be a need to save for retirement independently. But alas, that’s not the case. If you earn an average paycheck, you can expect Social Security to take the place of about 40% of what you used

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Why the Landmark Real-Estate Commission Settlement Didn’t Lower Costs

A For Sale sign with a SOLD sticker on it. In front of a home

When you sell your house, the costs can add up quickly — and one of the biggest expenses is often real estate commissions. Over the years those commissions ballooned to inflated levels, sparking lawsuits over whether the industry kept rates artificially high. That’s what led to a major National Association of Realtors (NAR) settlement in

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The Fed’s First Big 2025 Rate Decision Is Almost Here—Are You Ready for the Impact?

The Fed’s First Big 2025 Rate Decision Is Almost Here—Are You Ready for the Impact?

Key Takeaways After five rate holds this year, the Fed finally appears ready to make a cut—with a move widely expected next week. The announcement will also reveal where Fed officials see rates heading for the rest of 2025. A Fed cut means savings, money market, and CD rates will also drop. You can’t stop

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Bitcoin ETFs: What You Need to Know About Inflows, Outflows, and Price Moves

Bitcoin ETFs: What You Need to Know About Inflows, Outflows, and Price Moves

ETF inflows and outflows make great headlines, but what do they mean for your investment returns? Here’s what you need to know. Cryptocurrencies can be confusing. So can exchange-traded funds (ETFs). And when you combine the two concepts into crypto-based ETFs, there are so many dark corners and financial enigmas to explore. The mystery includes

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Press Pause on Spending: Reset Your Financial Mindset with a No-Spend Challenge

A couple on a hike on a sunny day

You may have heard mentions of No-Spend September from friends and colleagues. The month-long spending freeze challenge has gained great popularity on social media, and the sense of community behind the challenge can help motivate a spending reset and positive personal finance decisions. Whether you’re ready to reset your spending habits after the summer or

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