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Trump Org.'s longtime CFO chokes up, says he betrayed trust 11/17/2022 04:21pm • NEW YORK (AP) — Donald Trump’s longtime finance chief choked up on the witness stand Thursday, saying he betrayed the Trump family's trust by scheming to dodge taxes on $1.7 million in company-paid perks, including a Manhattan apartment and luxury cars. Allen Weisselberg, a senior adviser and fo Thursday's Transactions 11/17/2022 02:59pm • BASEBALL Major League Baseball American League Exec who cleaned up Enron calls FTX mess 'unprecedented' Exec who cleaned up Enron calls FTX mess 'unprecedented' 11/17/2022 11:24am • NEW YORK (AP) — The man who had to clean up the mess at Enron says the situation at FTX is even worse, describing what he calls a “complete failure” of corporate control. The filing by John Ray III, the new CEO of the bankrupt cryptocurrency firm, lays out a damning description of FTX’s ope Right backs, left backs are Brazil's weak spots at World Cup 11/17/2022 04:44am • SAO PAULO (AP) — When Brazil coach Tite uttered the name of veteran Dani Alves in his call for the World Cup squad, reactions around the country spanned from anger to disappointment. The Brazil coach, who has faced little criticism in his six years on the job, described his pick in a paused, not-s How Advisors Can Help Clients Invest an Inheritance 11/16/2022 07:00pm • A large inheritance isn't the most common occurrence, with only 21% of Americans receiving one, but 21% of the U.S. population is still nearly 70 million people, and you'll want to be fully prepared if one of these people happens to be your client. Here are the best practices financial advisors can 8 Best Cheap Dividend Stocks Under $20 11/16/2022 07:00pm • Here are some dividend stocks that won't break the bank.The U.S. economy is on shaky ground and inflation levels remain near multidecade highs. One way for investors to offset the negative impact of inflation is to generate regular income via dividend stocks. Historically, dividends have accounted f Democrats hold on to US House seat in Maine via ranked vote Democrats hold on to US House seat in Maine via ranked vote 11/16/2022 06:27pm • AUGUSTA, Maine (AP) — Democrats held on to a swing district in Maine, as two-term U.S. Rep. Jared Golden beat back a challenge from a former congressman via ranked choice voting for the second time in four years. Golden won reelection via the ranked round, Maine’s secretary of state, Shenna Bell Arizona company adds $1B solar power parts plant in Alabama 11/16/2022 04:55pm • MONTGOMERY, Ala. (AP) — Arizona-based First Solar Inc. has selected Alabama as the site of a more than $1 billion factory that will manufacture modules that generate solar power, the company announced Wednesday. First Solar said in a statement that the plant, to be located in Lawrence County in th Key Fed official says he's open to slowing hikes in December Key Fed official says he's open to slowing hikes in December 11/16/2022 04:50pm • WASHINGTON (AP) — Christopher Waller, a key Federal Reserve official, added his voice Wednesday to a rising number of Fed officials who have suggested that the central bank will likely slow the pace of its interest rate hikes beginning in December. Waller, a member of the Fed's Board of Governors, US-owned firms appear to help Venezuela avoid US sanctions US-owned firms appear to help Venezuela avoid US sanctions 11/16/2022 03:33pm • MIAMI (AP) — A company with an office in Houston and another owned by two American citizens appear to be helping Venezuela bypass U.S. sanctions and quietly transport millions in petroleum products aboard an Iranian-built tanker, The Associated Press has learned. The sanctions evasion effort is ce Editorial Roundup: United States 11/16/2022 03:04pm • Excerpts from recent editorials in the United States and abroad: Nov. 13 The Washington Post on the Catholic Church scandal: On his plane back to Rome from a Middle East trip recently, Pope Francis acknowledged that the Vatican faces pushback in its efforts to overhaul the Catholic Church’s habits European Central Bank: Recession 'has become more likely' European Central Bank: Recession 'has become more likely' 11/16/2022 12:43pm • FRANKFURT, Germany (AP) — The European Central Bank sees an increased likelihood of a recession in the 19 countries that use the euro currency, warning that soaring energy prices and high inflation fed by Russia's war in Ukraine have raised risks for bank losses and turmoil on financial markets. 'Zombie Debt': Homeowners face foreclosure on old mortgages 'Zombie Debt': Homeowners face foreclosure on old mortgages 11/16/2022 12:05am • Rose Prophete thought the second mortgage loan on her Brooklyn home was resolved about a decade ago — until she received paperwork claiming she owed more than $130,000. “I was shocked,” said Prophete, who refinanced her two-family home in 2006, six years after arriving from Haiti. "I don’t e Companies With Great Retirement Plans 11/15/2022 07:00pm • A 401(k) plan is one of the most convenient ways to stash away dollars for retirement. Funds contributed to the account can be deducted from your taxable income that year, and the money can be put in investments with the goal of growing your savings over time. But perhaps the biggest motivator to co 2023 401(k) Contribution Limits: What Advisors Should Know 11/15/2022 07:00pm • In addition to providing a cost-of-living adjustment to the tax brackets, the IRS announced cost-of-living adjustments to health savings accounts (HSAs) and retirement plans for 2023 as a result of inflation. This is great news for clients, since they can receive more income at the lower brackets an
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