Financial

Financial

Awaiting Yellen at Treasury: Yet another daunting crisis

Janet Yellen is in line for another top economic policy job — just in time to confront yet another crisis. Yellen, President-elect Joe Biden’s apparent choice for treasury secretary, served on the Federal Reserve’s policymaking committee during the 2008-2009 financial crisis that nearly toppled the banking system. She became Fed chair in 2014 when the

Financial

Wall Street shrugs, stocks rise even as Trump won’t concede

A huge fear for Wall Street coming into this month was a contested U.S. presidential election, one that could drag the market through more painful uncertainty. Now, more than a week after Election Day, President Donald Trump and his allies are challenging the results in a number of states that gave Joe Biden enough Electoral

Financial

Economic comeback under President Trump breaks 70-year record

News broke on Thursday that real GDP grew at an annualized rate of 33.1% in the third quarter of 2020—beating expectations and setting an all-time record. This jump in GDP is nearly double the previous record set 70 years ago. Thanks to President Trump’s policies, the American economy is weathering the global pandemic better than any other

Financial

Opinion: Americans Should be Free to Pursue Financial Options in the COVID Battle

America has arrived at a crossroads. Between widespread protests in towns and cities across the United States and the COVID-19 pandemic continuing to strike at countless communities, there is rising concern that things are on the wrong track in this country. Worse still is the effect on the nation’s sense of security, and how the

Financial

The Truth about Reverse Mortgages

Are reverse mortgages not all they’re cracked up to be? Can they truly add the stability you need for financial planning and your retirement, or are they just another way to steal away your home, equity or inheritance? Since the product began back in 1989, local Prescott reverse mortgage expert Travis Schultz at Smart Mortgage

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